GDS - GDS Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GDS in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" GDS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GDS, but not buy additional shares or sell existing shares.
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7 analysts have issued 1 year price objectives for GDS's shares. Their GDS share price forecasts range from $17.00 to $55.00. On average, they predict the company's stock price to reach $37.13 in the next twelve months. This suggests a possible upside of 100.9% from the stock's current price.
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GDS's stock was trading at $20.62 at the start of the year. Since then, GDS shares have decreased by 10.4% and is now trading at $18.48.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 17th 2023.
View our GDS earnings forecast.

GDS Holdings Limited (NASDAQ:GDS) released its quarterly earnings data on Monday, November, 15th. The company reported ($1.84) EPS for the quarter, missing the consensus estimate of ($0.17) by $1.67. The firm earned $2.06 billion during the quarter, compared to analyst estimates of $2.06 billion. GDS had a negative net margin of 15.85% and a negative trailing twelve-month return on equity of 6.28%. GDS's quarterly revenue was up 35.2% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.21) earnings per share.

ETFs with the largest weight of GDS (NASDAQ:GDS) stock in their portfolio include Global X Data Center REITs & Digital Infrastructure ETF (VPN), Wedbush ETFMG Global Cloud Technology ETF (IVES), Fidelity Metaverse ETF (FMET), Invesco Golden Dragon China ETF (PGJ), Roundhill IO Digital Infrastructure ETF (BYTE), Defiance Next Gen Connectivity ETF (FIVG), First Trust NASDAQ BuyWrite Income ETF (FTQI) and FlexShares ESG & Climate Emerging Markets Core Index Fund (FEEM).

GDS issued an update on its FY 2023 earnings guidance on Wednesday, March, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.44 billion-$1.50 billion, compared to the consensus revenue estimate of $1.49 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) raised $251 million in an initial public offering (IPO) on Wednesday, November 2nd 2016. The company issued 19,300,000 shares at a price of $12.00-$14.00 per share. Credit Suisse and J.P. Morgan acted as the underwriters for the IPO and Citi, RBC Capital Markets, China Renaissance and Credit Agricole CIB were co-managers.

GDS trades on the NASDAQ under the ticker symbol "GDS."

GDS's stock is owned by a number of institutional and retail investors. Top institutional investors include Carlyle Group Inc. (0.00%), Cerity Partners LLC (1.01%), Bank of America Corp DE (0.00%), Bamco Inc. NY (0.58%), Morgan Stanley (0.50%) and Electron Capital Partners LLC (0.29%).

Shares of GDS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GDS stock can currently be purchased for approximately $18.48.

GDS (NASDAQ:GDS) has a market capitalization of $3.45 billion and generates $1.35 billion in revenue each year. The company earns $-183,970,000.00 in net income (profit) each year or ($1.25) on an earnings per share basis.

The company employs 1,878 workers across the globe.

GDS's mailing address is F4/F5 BUILDING C SUNLAND INTERNATIONAL NO. 999 ZHOUHAI ROAD PUDONG, SHANGHAI F4, 200137. The official website for the company is www.gds-services.com. The company can be reached via phone at 862120292200, via email at ir@gds-services.com, or via fax at 86-21-2033-0202.