GDS (GDS) Stock Price, News & Analysis

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GDS in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GDS shares.
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5 equities research analysts have issued twelve-month price objectives for GDS's shares. Their GDS share price targets range from $7.00 to $25.00. On average, they predict the company's stock price to reach $15.69 in the next twelve months. This suggests a possible upside of 151.0% from the stock's current price.
View analysts price targets for GDS or view top-rated stocks among Wall Street analysts.

GDS's stock was trading at $9.12 at the beginning of the year. Since then, GDS stock has decreased by 31.5% and is now trading at $6.25.
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GDS saw a increase in short interest in March. As of March 31st, there was short interest totaling 11,950,000 shares, an increase of 10.2% from the March 15th total of 10,840,000 shares. Based on an average daily volume of 1,860,000 shares, the short-interest ratio is presently 6.4 days. Approximately 7.0% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our GDS earnings forecast.

GDS Holdings Limited (NASDAQ:GDS) released its quarterly earnings results on Monday, November, 15th. The company reported ($1.84) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.17) by $1.67. The firm earned $2.06 billion during the quarter, compared to analysts' expectations of $2.06 billion. GDS had a negative net margin of 43.25% and a negative trailing twelve-month return on equity of 8.90%. The firm's revenue for the quarter was up 35.2% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.21) earnings per share.

ETFs with the largest weight of GDS (NASDAQ:GDS) stock in their portfolio include Global X Data Center & Digital Infrastructure ETF (VPN), Amplify Global Cloud Technology ETF (IVES), Pacer Data & Infrastructure Real Estate ETF (SRVR), Xtrackers Cybersecurity Select Equity ETF (PSWD) and Invesco Golden Dragon China ETF (PGJ).Roundhill IO Digital Infrastructure ETF (BYTE).

GDS issued an update on its FY 2024 earnings guidance on Tuesday, March, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.5 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other GDS investors own include Alibaba Group (BABA), Netflix (NFLX), NVIDIA (NVDA), Block (SQ), Walt Disney (DIS), Micron Technology (MU), Shopify (SHOP), Xilinx (XLNX), JD.com (JD) and Okta (OKTA).

GDS (GDS) raised $251 million in an IPO on Wednesday, November 2nd 2016. The company issued 19,300,000 shares at $12.00-$14.00 per share. Credit Suisse and J.P. Morgan served as the underwriters for the IPO and Citi, RBC Capital Markets, China Renaissance and Credit Agricole CIB were co-managers.

Shares of GDS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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