GDS - GDS Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GDS in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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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9 brokerages have issued 12-month price objectives for GDS's shares. Their GDS share price forecasts range from $15.00 to $60.00. On average, they predict the company's share price to reach $40.34 in the next twelve months. This suggests a possible upside of 69.6% from the stock's current price.
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GDS's stock was trading at $20.62 at the beginning of 2023. Since then, GDS stock has increased by 15.3% and is now trading at $23.78.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 28th 2023.
View our GDS earnings forecast.

GDS Holdings Limited (NASDAQ:GDS) posted its quarterly earnings data on Monday, November, 21st. The company reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.09. The business earned $332.83 million during the quarter, compared to analysts' expectations of $351.16 million. GDS had a negative net margin of 17.87% and a negative trailing twelve-month return on equity of 6.84%. During the same period in the previous year, the firm earned ($0.29) earnings per share.

GDS issued an update on its FY 2022 earnings guidance on Thursday, December, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.30 billion-$1.32 billion, compared to the consensus revenue estimate of $1.31 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 many different institutional and retail investors. Top institutional shareholders include Pinnacle Associates Ltd. (0.07%), Pinnacle Associates Ltd. (0.05%), Robeco Institutional Asset Management B.V. (0.00%), Simplex Trading LLC (0.00%), Greenleaf Trust (0.02%) and Veriti Management LLC (0.01%).

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 $23.78.

GDS (NASDAQ:GDS) has a market capitalization of $4.20 billion and generates $1.23 billion in revenue each year. The company earns $-184,020,000.00 in net income (profit) each year or ($1.39) 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.