Century Internet's stock price hits a new high, with performance and business expansion as the main driving forces

K-LinePoet · 2026-03-04T15:08:48+00:00

Century Internet's stock price hit a new high on February 12, 2026, driven by revenue growth, increased orders, project funding approvals, and favorable industry policies. The company's financial report shows significant year-over-year growth in revenue and EBITDA, and the market remains optimistic about its prospects.

K-LinePoet

2026-03-04 15:08:48

Abstract generation in progress

The Stock of Century Internet (VNET.OQ) broke a 60-day high on February 12, 2026, driven mainly by the following factors:

Performance and Operating Results: According to the company’s Q3 financial report released on November 24, 2025, total revenue increased by 21.7% year-over-year to 2.58 billion RMB, with adjusted EBITDA up 27.5% YoY to 758 million RMB. The company also raised its full-year guidance, expecting total revenue to grow 16% to 19% YoY in 2025, and adjusted EBITDA to increase 24% to 26%. Continuous performance growth provides fundamental support for the stock price.

Business Progress: In the third quarter, the company secured three base-type IDC orders with a total capacity of 63MW, and in the fourth quarter, it received a large 32MW order from an internet client. Management emphasized in the financial report that as a leading company in the AI Data Center (AIDC) field, it is benefiting from the accelerating market demand driven by AI. As of September 30, 2025, the capacity of its base-type IDC increased by 13.8% quarter-over-quarter, with a deployment rate of 74.3%, and operational efficiency significantly improved.

Project Developments: In January 2026, Century Internet’s two IDC projects’ private REITs (Real Estate Investment Trusts) received approval, with a planned issuance amount of approximately 10.759 billion RMB. This move helps the company activate its heavy assets, raise funds for new projects, and ease financial pressure, which is viewed as a positive signal by the market.

Industry Policies and Environment: Goldman Sachs and other institutions have pointed out that the demand for data center tenders from major internet companies may come earlier and be larger than expected. Leading operators are expected to significantly increase capital expenditure in 2026 to accelerate capacity delivery, creating a favorable industry environment for top IDC companies like Century Internet.

Recent Stock Performance: On February 12, Century Internet’s stock rose 3.62%, closing at $14.03, with a trading volume of $196 million and a turnover rate of 5.13%. Despite a 2.03% decline in the Nasdaq index on the same day, the company’s stock outperformed the market, indicating market recognition of its fundamentals.

The above information is compiled from public sources and does not constitute investment advice.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.