NASDAQ:GDSGDS Stock Price, Forecast & News

GDS's stock was trading at $57.36 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GDS shares have increased by 44.4% and is now trading at $82.80. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GDS in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for GDS.

GDS is scheduled to release its next quarterly earnings announcement on Tuesday, August 11th 2020. View our earnings forecast for GDS.

GDS Holdings Ltd - (NASDAQ:GDS) posted its quarterly earnings data on Thursday, May, 14th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.05) by $0.03. The company had revenue of $174.08 million for the quarter, compared to analyst estimates of $173.12 million. GDS had a negative net margin of 8.91% and a negative return on equity of 4.37%. View GDS's earnings history.

GDS updated its FY 2020 Pre-Market earnings guidance on Thursday, May, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $778.161-812.055 million, compared to the consensus revenue estimate of $815.67 million.

9 Wall Street analysts have issued twelve-month target prices for GDS's stock. Their forecasts range from $57.00 to $95.00. On average, they anticipate GDS's stock price to reach $69.07 in the next twelve months. This suggests that the stock has a possible downside of 16.6%. View analysts' price targets for GDS.

News coverage about GDS stock has trended negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. GDS earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an effect on the company's share price in the next few days. View the latest news about GDS.

Some companies that are related to GDS include Baidu (BIDU), Snap (SNAP), IHS Markit (INFO), Twitter (TWTR), Trade Desk (TTD), Yandex (YNDX), Pinterest (PINS), Wix.Com (WIX), FactSet Research Systems (FDS), Line (LN), 58.com (WUBA), Weibo (WB), Livongo Health (LVGO), Switch (SWCH) and HUYA (HUYA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other GDS investors own include Netflix (NFLX), Alibaba Group (BABA), Micron Technology (MU), NVIDIA (NVDA), Walt Disney (DIS), Square (SQ), Xilinx (XLNX), Shopify (SHOP), Baidu (BIDU) and Baozun (BZUN).

(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 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 variety of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.00%).

GDS stock was acquired by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC.

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

One share of GDS stock can currently be purchased for approximately $82.80.

GDS has a market capitalization of $12.59 billion and generates $592.15 million in revenue each year. The company earns $-63,970,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis. GDS employs 1,100 workers across the globe.

The official website for GDS is www.gds-services.com.

GDS's mailing address is F4/F5 BUILDING C SUNLAND INTERNATIONAL NO. 999 ZHOUHAI ROAD PUDONG, SHANGHAI F4, 200137. The company can be reached via phone at 86-21-2029-2200 or via email at [email protected]