VNET Group (VNET) shares surged 5.03% in Tuesday's pre-market 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.

Analysts are projecting a strong performance from VNET Group. According to LSEG data, the company is expected to report a 15.2% year-over-year increase in revenue, reaching CNY2.296 billion. Earnings are anticipated to come in at 4 fen per share. This positive outlook has likely fueled investor enthusiasm, driving the stock's significant pre-market gain.

The market sentiment towards VNET Group remains bullish. The current average analyst rating on the shares is "buy," with 13 analysts recommending either "strong buy" or "buy." Moreover, Wall Street's median 12-month price target for VNET Group stands at $12.20, representing a substantial 36.4% upside potential from its last closing price of $7.75. This optimistic forecast, coupled with the anticipated earnings growth, appears to be the primary catalyst behind today's stock surge.