VNET Group Inc ADR

VNET: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	Y.q	LOCK\|z^	LOCK\|lh&$?!

VNET Earnings: AI Continues to Drive Data Center Demand; Fair Value up 14% to USD 6.50

Dan Baker

Nov 21, 2025

VNET reported a strong third-quarter result with revenue growth of 22% and adjusted EBITDA growth of 28%. Management again lifted its full-year guidance by 0.5% on revenue and 2.5% on EBITDA to revenue growth of 11%-13% and adjusted EBITDA growth of 18%-20%.

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VNET Group Inc ADR

VNET Earnings: AI Continues to Drive Data Center Demand; Fair Value up 14% to USD 6.50

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