NASDAQ:GDSGDS Stock Price, Forecast & News

GDS's stock was trading at $57.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GDS stock has increased by 39.4% and is now trading at $79.95.
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11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GDS in the last year. There are currently 1 sell rating, 1 hold rating and 9 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 18th 2020.
View our earnings forecast for GDS.

GDS will be holding an earnings conference call on Tuesday, August 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

GDS Holdings Ltd - (NASDAQ:GDS) released its quarterly earnings results on Thursday, May, 14th. The company reported ($0.08) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.03. The business had revenue of $174.08 million for the quarter, compared to the consensus estimate 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 issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, May, 14th. The company provided EPS 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.

11 analysts have issued 12-month target prices for GDS's shares. Their forecasts range from $57.00 to $112.00. On average, they expect GDS's stock price to reach $75.69 in the next year. This suggests that the stock has a possible downside of 5.3%.
View analysts' price targets for GDS.

Media coverage about GDS stock has trended negative on Wednesday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. GDS earned a news sentiment score of -2.2 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.
View the latest news about GDS.

GDS saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 14,430,000 shares, an increase of 13.5% from the December 15th total of 12,710,000 shares. Based on an average daily volume of 900,500 shares, the short-interest ratio is currently 16.0 days.
View GDS's Short Interest.

Some companies that are related to GDS include Baidu (BIDU), IHS Markit (INFO), Snap (SNAP), Twitter (TWTR), Pinterest (PINS), Trade Desk (TTD), Yandex (YNDX), FactSet Research Systems (FDS), Wix.Com (WIX), Line (LN), Livongo Health (LVGO), 58.com (WUBA), Weibo (WB), Legend Biotech (DADA) and HUYA (HUYA).
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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), Micron Technology (MU), NVIDIA (NVDA), Walt Disney (DIS), Shopify (SHOP), Square (SQ), Xilinx (XLNX), JD.Com (JD) and Advanced Micro Devices (AMD).

(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 served 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 number of retail and institutional investors. Top institutional shareholders include Thornburg Investment Management Inc. (0.54%), KADENSA CAPITAL Ltd (0.47%), Pacer Advisors Inc. (0.37%), Tiger Pacific Capital LP (0.22%), Sumitomo Mitsui Trust Holdings Inc. (0.19%) and California Public Employees Retirement System (0.13%).

GDS stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Thornburg Investment Management Inc., SG Americas Securities LLC, Teachers Insurance & Annuity Association of America, Paradice Investment Management LLC, Andra AP fonden, KAMES CAPITAL plc, and Commonwealth Equity Services LLC.

GDS stock was purchased by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., KADENSA CAPITAL Ltd, LA Financiere DE L Echiquier, California Public Employees Retirement System, Tiger Pacific Capital LP, Sumitomo Mitsui Trust Holdings Inc., Krane Funds Advisors LLC, and Swiss National Bank.

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 $79.95.

GDS has a market capitalization of $12.16 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]