VNET repurchases 30 percent of notes. Macquarie targets VNET Group stock at USD 5.40

Published on 10/29/2026 at 14:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue reached RMB 2.78 billion. VNET Group stock was EUR 3.27 at Lang & Schwarz on October 29, 2026, while Q3 results are due November 19.

Debt reduction and earnings calendar

VNET repurchased USD 75.3 million of convertible notes on October 27, 2026.
Adjusted EBITDA reached RMB 918.3 million in the second quarter of 2026.
VNET Group is scheduled to report third-quarter 2026 results on November 19, 2026.

VNET, US90138A1034, Illustration mit AI erstellt.

VNET repurchased 30 percent of its convertible notes on October 27, 2026, while Macquarie initiated coverage with an Outperform rating and a USD 5.40 target on October 26, according to StockTitan and Yahoo Finance. The debt action gives the latest company-specific frame for VNET Group stock.

Debt reduction changes the capital picture

The filing said VNET bought back USD 75.3 million of its USD 250.0 million 2.00 percent convertible senior notes due 2027. The privately negotiated transactions required USD 80.0 million in cash, including accrued interest, according to StockTitan. The repurchase reduces the principal outstanding and removes part of the future conversion overhang.

VNET operates carrier- and cloud-neutral data centers in China. The same filing describes service coverage across more than 30 cities and a customer base of more than 7,000 hosting and related enterprise customers, according to StockTitan.

What does the earnings date add?

VNET's second-quarter 2026 revenue rose 14.2 percent to RMB 2.78 billion, while adjusted EBITDA increased 25.4 percent to RMB 918.3 million, according to Gekko. The next scheduled reporting date is November 19, 2026, before the market opens, with consensus revenue of USD 440.41 million and consensus earnings per share of minus USD 0.02, according to MarketBeat.

Stock price and investor watchpoints

VNET was trading intraday at EUR 3.27 at Lang & Schwarz on October 29, 2026 at 2:02 p.m. CEST. The note repurchase, second-quarter operating figures and the November reporting date give investors three measurable checkpoints for the next phase of the story.

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