GDS Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GDS in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GDS stock.
View analyst ratings for GDS or view top-rated stocks.

Wall Street analysts have given GDS a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but GDS wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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GDS is scheduled to release its next quarterly earnings announcement on Tuesday, August 17th 2021.
View our earnings forecast for GDS.

GDS Holdings Limited (NASDAQ:GDS) announced its quarterly earnings results on Tuesday, May, 18th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.15) by $0.06. The firm earned $1.71 billion during the quarter, compared to the consensus estimate of $1.73 billion. GDS had a negative net margin of 14.32% and a negative trailing twelve-month return on equity of 5.18%. The business's revenue for the quarter was up 40.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.09) EPS.
View GDS's earnings history.

GDS's stock was trading at $57.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GDS stock has increased by 2.8% and is now trading at $58.96.
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GDS issued an update on its FY 2021 earnings guidance on Tuesday, June, 15th. The company provided EPS guidance of $- for the period. The company issued revenue guidance of $1.18 billion-1.22 billion, compared to the consensus revenue estimate of $1.24 billion.

8 brokerages have issued 12-month price objectives for GDS's stock. Their forecasts range from $80.00 to $122.00. On average, they expect GDS's stock price to reach $105.83 in the next year. This suggests a possible upside of 79.5% from the stock's current price.
View analysts' price targets for GDS or view top-rated stocks among Wall Street analysts.

Some companies that are related to GDS include The Trade Desk (TTD), Pinterest (PINS), Yandex (YNDX), AppLovin (APP), Wix.com (WIX), FactSet Research Systems (FDS), Weibo (WB), Bumble (BMBL), DigitalOcean (DOCN), DoubleVerify (DV), Medallia (MDLA), TripAdvisor (TRIP), Dada Nexus (DADA), Switch (SWCH) and Chindata Group (CD).
View all of GDS's competitors.

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), The 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 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 investors include Alliancebernstein L.P. (0.36%), Aegon Asset Management UK PLC (0.07%), Sumitomo Mitsui DS Asset Management Company Ltd (0.06%), Zweig DiMenna Associates LLC (0.04%), TCW Group Inc. (0.04%) and E Fund Management Hong Kong Co. Ltd. (0.02%).

GDS stock was sold by a variety of institutional investors in the last quarter, including E Fund Management Hong Kong Co. Ltd., Cutler Group LP, and Confluence Investment Management LLC.

GDS stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Zweig DiMenna Associates LLC, TCW Group Inc., Aegon Asset Management UK PLC, Sumitomo Mitsui DS Asset Management Company Ltd, and Advisors Asset Management Inc..

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 $58.96.

GDS has a market capitalization of $11.02 billion and generates $879.54 million in revenue each year. The company earns $-97,380,000.00 in net income (profit) each year or ($0.72) on an earnings per share basis.

GDS employs 1,479 workers across the globe.

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

GDS is headquartered at F4/F5 BUILDING C SUNLAND INTERNATIONAL NO. 999 ZHOUHAI ROAD PUDONG, SHANGHAI F4, 200137.

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]