NASDAQ:GDS - GDS 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 stock has increased by 0.2% and is now trading at $57.49. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GDS in the last year. There are currently 1 hold rating and 6 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, May 12th 2020. View our earnings forecast for GDS.

GDS Holdings Ltd - (NASDAQ:GDS) announced its quarterly earnings results on Wednesday, March, 13th. The company reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by $0.03. The company earned $829.52 million during the quarter, compared to the consensus estimate of $822.31 million. GDS had a negative net margin of 10.76% and a negative return on equity of 4.99%. The firm's revenue was up 64.1% on a year-over-year basis. During the same period last year, the business earned ($0.12) earnings per share. View GDS's earnings history.

GDS updated its FY 2020 Pre-Market earnings guidance on Thursday, March, 19th. The company provided EPS guidance of for the period. The company issued revenue guidance of $791.462-825.936 million.

7 brokers have issued 1 year target prices for GDS's stock. Their forecasts range from $55.00 to $69.00. On average, they expect GDS's stock price to reach $60.57 in the next twelve months. This suggests a possible upside of 5.4% from the stock's current price. View analysts' price targets for GDS.

Press coverage about GDS stock has trended very negative recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of 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 -3.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutGDS.

Some companies that are related to GDS include IHS Markit (INFO), Twitter (TWTR), Match Group (MTCH), Snap (SNAP), Line (LN), Yandex (YNDX), FactSet Research Systems (FDS), Trade Desk (TTD), Pinterest (PINS), Weibo (WB), 58.com (WUBA), InterXion (INXN), Stars Group (TSG), Wix.Com (WIX) and HUYA (HUYA).

Based on aggregate information from My MarketBeat watchlists, some companies that other GDS investors own include NVIDIA (NVDA), Netflix (NFLX), Visa (V), Micron Technology (MU), Alibaba Group (BABA), AT&T (T), Walt Disney (DIS), Broadcom (AVGO), Xilinx (XLNX) and Adobe (ADBE).

(GDS) raised $251 million in an initial public offering 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."

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 $57.49.

GDS has a market capitalization of $6.75 billion and generates $592.15 million in revenue each year. The company earns $-63,500,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis. GDS employs 893 workers across the globe. View additional information about GDS.

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

GDS's mailing address is 2/F TOWER 2 YOUYOU CENTURY PLACE 428 SOUTH YANGGAO ROAD, SHANGHAI F4, 200127. The company can be reached via phone at 86-21-2033-0303 or via email at [email protected]