Pomerantz LLP Announces Proposed Class Action Settlement on Behalf of all Persons and Entities that Purchased and/or Otherwise Acquired the American Depositary Shares of VNET Group, Inc. (VNET)

Wed, 10 Jun 2026 09:00:00 -0400

NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit all persons and entities that purchased or otherwise acquired the American Depositary Shares of VNET Group, Inc. (NASDAQ: VNET):

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK

IN RE VNET GROUP,

Pomerantz LLP Announces Proposed Class Action Settlement on Behalf of all Persons and Entities that Purchased and/or Otherwise Acquired the American Depositary Shares of VNET Group, Inc. (VNET)

Wed, 10 Jun 2026 09:00:00 -0400

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK

IN RE VNET GROUP,

These stocks will benefit from China’s AI ecosystem localisation: analyst

Tue, 09 Jun 2026 09:19:28 -0400

Investing.com -- China's government is reportedly planning to invest roughly 2 trillion yuan ($295 billion) over the next five years to build a nationwide data center network, and Citi has identified a basket of stocks it believes will be among the primary beneficiaries.

Led by the NDRC, the initiative will be operated primarily by major state-owned operators and mandates at least 80% reliance on domestic AI chips. Citi called the plan "a monumental catalyst for China's digital infrastructure."

On the data center side, Citi pointed to GDS and VNET as already capturing momentum, citing record first-quarter 2026 wholesale bookings.

The

These stocks will benefit from China’s AI ecosystem localisation: analyst

Tue, 09 Jun 2026 09:19:28 -0400

On the data center side, Citi pointed to GDS and VNET as already capturing momentum, citing record first-quarter 2026 wholesale bookings.

The

Form 4 VNET Group, Inc. For: Jun 01 Filed by: Shao Sean

Wed, 03 Jun 2026 06:34:00 -0400

si-local-file:///var/storage/secattach/20260603/26595041.html

Form 4 VNET Group, Inc. For: Jun 01 Filed by: Shao Sean

Wed, 03 Jun 2026 06:34:00 -0400

si-local-file:///var/storage/secattach/20260603/26595041.html

Jefferies on VNET Group Inc (VNET): 'AI-driven demand surge is reshaping IDC D-S dynamics'

Tue, 02 Jun 2026 05:47:58 -0400

Jefferies analyst Edison Lee reiterated a Buy rating and $24.79 price target on VNET Group Inc (NASDAQ: VNET).

The analyst comments "AI-driven demand surge is reshaping IDC D-S dynamics. Mgt witnessed an unprecedented wave of GW-scale orders in 1H26 from two leading CSPs, vs the historical norm of 100-300MW per order. 2GW+ of IDC orders have been issued YTD. For 2H26, VNET expects to see smaller orders in the range of several hundred MW but from more 2nd-tier players. Mgt est 2026 total wholesale demand in China to be ~4MW, similar to our bottom-up forecast based on chip supply. VNET has

Jefferies on VNET Group Inc (VNET): 'AI-driven demand surge is reshaping IDC D-S dynamics'

Tue, 02 Jun 2026 05:47:58 -0400

Jefferies analyst Edison Lee reiterated a Buy rating and $24.79 price target on VNET Group Inc (NASDAQ: VNET).

VNET Group Inc (VNET) PT Raised to $24.79 at Jefferies

Tue, 26 May 2026 15:20:26 -0400

Jefferies analyst Edison Lee raised the price target on VNET Group Inc (NASDAQ: VNET) to $24.79 (from $23.50) while maintaining a Buy rating.

The analyst comments "VNET's 1Q26 rev/EBITDA are 0%/6% above cons, but below JEFe, mainly driven by timing of new project delivery. It announced 517MW of wholesale order contracts (not MOU), including 400MW/110MW in Inner Mongolia from a very large Internet player. We believe these new orders and ongoing strong demand will support above-cons growth in 2027/8. VNET's rich power resources in Ulanqab would allow it to benefit from strong AI demand. We raised forecasts and PT."

VNET Group Inc (VNET) PT Raised to $24.79 at Jefferies

Tue, 26 May 2026 15:20:26 -0400

Jefferies analyst Edison Lee raised the price target on VNET Group Inc (NASDAQ: VNET) to $24.79 (from $23.50) while maintaining a Buy rating.

VNET Group Inc (VNET) PT Raised to $16.30 at BofA Securities

Tue, 26 May 2026 11:52:37 -0400

BofA Securities analyst Daley Li raised the price target on VNET Group Inc (NASDAQ: VNET) to $16.30 (from $16.10) while maintaining a Buy rating.

The analyst comments "VNET reported its 1Q26 results on 26 May (HKT). In 1Q26, revenue grew 20% YoY to Rmb2.69bn (1% above consensus / in line with BofAe, see our preview report), and adj. EBITDA increased 31% YoY to Rmb892mn (1% / 5% above consensus / BofAe). VNET maintains its target to deliver 450-500MW of wholesale capacity in FY26E. We believe the huge hyperscale orders of 517MW YTD (with 510MW in 2Q26) could enhance market confidence on

VNET Group Inc (VNET) PT Raised to $16.30 at BofA Securities

Tue, 26 May 2026 11:52:37 -0400

BofA Securities analyst Daley Li raised the price target on VNET Group Inc (NASDAQ: VNET) to $16.30 (from $16.10) while maintaining a Buy rating.

Form 6-K VNET Group, Inc. For: May 26

Tue, 26 May 2026 06:22:00 -0400

si-local-file:///var/storage/secattach/20260526/26545399.html

Form 6-K VNET Group, Inc. For: May 26

Tue, 26 May 2026 06:22:00 -0400

si-local-file:///var/storage/secattach/20260526/26545399.html

VNET Group (VNET) Reports Q1 Revenue Beat

Tue, 26 May 2026 04:35:58 -0400

VNET Group (NASDAQ: VNET) reported Q1 revenue of RMB2.69 billion versus the consensus estimate of RMB2.65 billion.

GUIDANCE:

VNET Group sees FY2026 revenue of RMB11.5-11.8 billion, versus the consensus of RMB11.69 billion.

For earnings history and earnings-related data on VNET Group (VNET) click here.

VNET Group (VNET) Reports Q1 Revenue Beat

Tue, 26 May 2026 04:35:58 -0400

VNET Group (NASDAQ: VNET) reported Q1 revenue of RMB2.69 billion versus the consensus estimate of RMB2.65 billion.

GUIDANCE:

VNET Group sees FY2026 revenue of RMB11.5-11.8 billion, versus the consensus of RMB11.69 billion.

For earnings history and earnings-related data on VNET Group (VNET) click here.

VNET Reports Unaudited First Quarter 2026 Financial Results

Tue, 26 May 2026 04:30:00 -0400

BEIJING, May 26, 2026 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2026.

"We delivered a strong first quarter through effective execution of our dual-core strategy and Hyperscale 2.0 framework," said Josh Sheng Chen, Founder, Executive Chairperson and Interim Chief Executive Officer of VNET. "Our wholesale IDC business continued to thrive, securing a

StreetInsider.com News Articles

Pomerantz LLP Announces Proposed Class Action Settlement on Behalf of all Persons and Entities that Purchased and/or Otherwise Acquired the American Depositary Shares of VNET Group, Inc. (VNET)

Pomerantz LLP Announces Proposed Class Action Settlement on Behalf of all Persons and Entities that Purchased and/or Otherwise Acquired the American Depositary Shares of VNET Group, Inc. (VNET)

These stocks will benefit from China’s AI ecosystem localisation: analyst

These stocks will benefit from China’s AI ecosystem localisation: analyst

Form 4 VNET Group, Inc. For: Jun 01 Filed by: Shao Sean

Form 4 VNET Group, Inc. For: Jun 01 Filed by: Shao Sean

Jefferies on VNET Group Inc (VNET): 'AI-driven demand surge is reshaping IDC D-S dynamics'

Jefferies on VNET Group Inc (VNET): 'AI-driven demand surge is reshaping IDC D-S dynamics'

VNET Group Inc (VNET) PT Raised to $24.79 at Jefferies

VNET Group Inc (VNET) PT Raised to $24.79 at Jefferies

VNET Group Inc (VNET) PT Raised to $16.30 at BofA Securities

VNET Group Inc (VNET) PT Raised to $16.30 at BofA Securities

Form 6-K VNET Group, Inc. For: May 26

Form 6-K VNET Group, Inc. For: May 26

VNET Group (VNET) Reports Q1 Revenue Beat

VNET Group (VNET) Reports Q1 Revenue Beat

VNET Reports Unaudited First Quarter 2026 Financial Results

VNET Reports Unaudited First Quarter 2026 Financial Results

VNET Reports Unaudited First Quarter 2026 Financial Results

VNET Reports Unaudited First Quarter 2026 Financial Results

VNET Reports Unaudited First Quarter 2026 Financial Results

VNET Reports Unaudited First Quarter 2026 Financial Results

VNET Reports Unaudited First Quarter 2026 Financial Results

VNET Reports Unaudited First Quarter 2026 Financial Results

VNET Reports Unaudited First Quarter 2026 Financial Results