VNET Group (VNET) saw its stock price surge 5.03% in Tuesday's trading session, as investors show optimism ahead of the company's upcoming earnings report. The Chinese internet and data center service provider is scheduled to release its second-quarter 2025 financial results on August 21.

According to a recent earnings preview, analysts expect VNET Group to report a 15.2% increase in revenue to CNY2.296 billion, up from CNY1.99 billion in the same period last year. The mean earnings estimate stands at 4 fen per share, indicating a potential return to profitability after a mixed performance in recent quarters.

The positive sentiment surrounding VNET Group is further reinforced by strong analyst recommendations. Currently, 13 analysts rate the stock as either "strong buy" or "buy," with no "hold" or "sell" ratings. The median 12-month price target for VNET Group is $12.20, suggesting a potential upside of about 36.4% from its last closing price of $7.75. This bullish outlook from Wall Street experts appears to be driving investor enthusiasm and contributing to the stock's significant pre-earnings rally.