VNET Group (VNET) Soars 14.7% as Earnings Loom, Double-Digit Growth Eyed

VNET Group Inc. (NASDAQ:VNET) is one of the 10 Stocks Investors Are Watching.

VNET Group soared by 14.71 percent on Tuesday to finish at $11.23 apiece, as investors loaded portfolios ahead of the release of its earnings performance in the fourth quarter and full-year 2025.

According to the company, it would announce its financial and operating highlights before market open on Monday, March 16. A conference call will be held to elaborate on the results.

Data center server racks. Photo by Brett Sayles on Pexels

For the full-year period, VNET Group Inc. (NASDAQ:VNET) is expected to report a 16 to 19 percent growth in total revenues, at a range of 9.55 billion yuan to 9.867 billion yuan.

Non-GAAP adjusted EBITDA is also targeted to be in the range of 2.91 billion yuan to 2.945 billion yuan, or an implied growth of 20 to 21 percent year-on-year.

In recent news, VNET Group Inc. (NASDAQ:VNET) successfully raised $138 million in fresh funds from a private placement of 81 million newly issued Class A shares. Proceeds from the offer were allocated for general corporate purposes, including working capital, capital expenditures, and potential strategic transactions, among others.

Also last month, the company appointed Peter Zhihua Zhang as its new senior vice president for operational finance. He will be responsible for the company’s financial operations and is authorized to review and approve financial statements and related filings for the compliance purposes to the Securities and Exchange Commission and to the Nasdaq exchange.