GDS - GDS Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GDS in the last year. There are currently 5 hold ratings and 4 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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9 brokerages have issued 12-month target prices for GDS's shares. Their GDS share price forecasts range from $24.00 to $60.00. On average, they expect the company's stock price to reach $41.97 in the next year. This suggests a possible upside of 267.5% from the stock's current price.
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GDS's stock was trading at $47.16 at the beginning of the year. Since then, GDS stock has decreased by 75.8% and is now trading at $11.42.
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GDS Holdings Limited (NASDAQ:GDS) announced 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 business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.06 billion. GDS had a negative trailing twelve-month return on equity of 6.84% and a negative net margin of 17.87%. The company's quarterly revenue was up 35.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.21) earnings per share.

GDS updated its FY 2022 earnings guidance on Tuesday, November, 22nd. The company provided 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 $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 institutional and retail investors. Top institutional shareholders include Aspex Management HK Ltd (4.33%), 12 West Capital Management LP (3.81%), Federated Hermes Inc. (0.96%), Pacer Advisors Inc. (0.71%), Library Research Ltd (0.42%) and Citadel Advisors LLC (0.00%).

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 $11.42.

GDS (NASDAQ:GDS) has a market capitalization of $2.13 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.