GDS Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GDS in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GDS stock.
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7 Wall Street research analysts have issued 1 year price targets for GDS's shares. Their GDS stock forecasts range from $41.00 to $88.00. On average, they expect GDS's stock price to reach $57.43 in the next twelve months. This suggests a possible upside of 73.0% from the stock's current price.
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GDS's stock was trading at $47.16 at the beginning of 2022. Since then, GDS shares have decreased by 29.6% and is now trading at $33.20.
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GDS is scheduled to release its next quarterly earnings announcement on Tuesday, August 16th 2022.
View our earnings forecast for GDS.

GDS Holdings Limited (NASDAQ:GDS) announced its earnings results on Wednesday, May, 18th. The company reported ($0.50) earnings per share for the quarter, missing analysts' consensus estimates of ($0.37) by $0.13. The business earned $353.92 million during the quarter, compared to analysts' expectations of $349.91 million. GDS had a negative trailing twelve-month return on equity of 6.28% and a negative net margin of 18.43%.
View GDS's earnings history.

GDS updated its FY 2022 earnings guidance on Thursday, June, 16th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.47 billion-$1.53 billion, compared to the consensus revenue estimate of $1.45 billion.

Some companies that are related to GDS include Snap (SNAP), Trade Desk (TTD), Match Group (MTCH), FactSet Research Systems (FDS), AppLovin (APP), Pinterest (PINS), Kanzhun (BZ), Switch (SWCH), Yandex (YNDX), IAC/InterActiveCorp (IAC), Weibo (WB), DigitalOcean (DOCN), Bumble (BMBL), Wix.com (WIX) and DoubleVerify (DV).
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Based on aggregate information from My MarketBeat watchlists, some companies that other GDS investors own include Alibaba Group (BABA), Netflix (NFLX), NVIDIA (NVDA), Square (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 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 shareholders include Canada Pension Plan Investment Board (4.35%), Aspex Management HK Ltd (4.16%), 12 West Capital Management LP (3.93%), Goldman Sachs Group Inc. (1.99%), Cerity Partners LLC (1.00%) and State Street Corp (0.85%).

GDS stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Carmignac Gestion, Invesco Ltd., Group One Trading L.P., American Assets Capital Advisers LLC, 12 West Capital Management LP, LA Financiere DE L Echiquier, and State Street Corp.

GDS stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Canada Pension Plan Investment Board, Tekne Capital Management LLC, Toronado Partners LLC, Bridgewater Associates LP, Coatue Management LLC, Aspex Management HK Ltd, and Collaborative Holdings Management LP.

Shares of GDS 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 $33.20.

GDS (NASDAQ:GDS) has a market capitalization of $6.21 billion and generates $1.23 billion in revenue each year. The company earns $-184.02 million in net income (profit) each year or ($1.370010) on an earnings per share basis.

GDS 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 GDS is www.gds-services.com. The company can be reached via phone at 862120292200, via email at [email protected], or via fax at 86-21-2033-0202.