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GDS (GDS) Stock Forecast & Price Target

$10.90
-0.55 (-4.80%)
(As of 07/23/2024 ET)

GDS - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 3 Wall Street analysts who have issued ratings for GDS in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 3 analysts, 1 has given a hold rating, and 2 have given a buy rating for GDS.

Consensus Price Target

$12.92
18.50% Upside
High Forecast$17.75
Average Forecast$12.92
Low Forecast$7.00

According to the 3 analysts' twelve-month price targets for GDS, the average price target is $12.92. The highest price target for GDS is $17.75, while the lowest price target for GDS is $7.00. The average price target represents a forecasted upside of 18.50% from the current price of $10.90.

TypeCurrent Forecast
7/25/23 to 7/24/24
1 Month Ago
6/25/23 to 6/24/24
3 Months Ago
4/26/23 to 4/25/24
1 Year Ago
7/25/22 to 7/25/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
1 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$12.92$12.58$15.69$28.94
Forecasted Upside18.50% Upside28.36% Upside59.08% Upside54.90% Upside
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GDS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GDS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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GDS Stock vs. The Competition

TypeGDSBusiness Services CompaniesS&P 500
Consensus Rating Score
2.67
2.64
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside18.50% Upside179.97% Upside9.26% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/8/2024Royal Bank of Canada
4 of 5 stars
J. Atkin
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UpgradeSector Perform ➝ Outperform$13.00 ➝ $14.00+29.27%
3/28/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$12.00 ➝ $7.00+3.70%
11/24/2023Jefferies Financial Group
2 of 5 stars
 Boost TargetBuy ➝ Buy$17.22 ➝ $17.75+58.62%
7/7/2023Bank of America
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 Initiated CoverageBuy ➝ Buy
6/12/2023HSBC
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 Initiated CoverageBuy
5/26/2023Raymond James
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 Lower Target$35.00 ➝ $25.00+144.86%
3/17/2023Deutsche Bank Aktiengesellschaft
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 UpgradeHold ➝ Buy$20.00+23.15%
2/20/2023Citigroup
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 Boost Target$34.00 ➝ $35.50+69.21%
11/23/2022Truist Financial
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 Lower Target$75.00 ➝ $50.00+333.28%
8/25/2022Daiwa Capital Markets
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 DowngradeOutperform ➝ Hold$24.00-10.81%
7/29/2022Nomura Instinet
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 Reiterated RatingDowngrade

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 07:57 AM ET.

GDS Forecast - Frequently Asked Questions

What is GDS's forecast for 2024?

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for GDS is $12.92, with a high forecast of $17.75 and a low forecast of $7.00.

Should I buy or sell GDS stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GDS in the last year. There is currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GDS shares.

Does GDS's stock price have much upside?

According to analysts, GDS's stock has a predicted upside of 34.69% based on their 12-month stock forecasts.

Has GDS been upgraded by Wall Street analysts recently?

Over the previous 90 days, GDS's stock had 1 upgrade by analysts.

What analysts cover GDS?

GDS has been rated by research analysts at Royal Bank of Canada in the past 90 days.

Do Wall Street analysts like GDS more than its competitors?

Analysts like GDS more than other "business services" companies. The consensus rating score for GDS is 2.67 while the average consensus rating score for "business services" companies is 2.64. Learn more on how GDS compares to other companies.


This page (NASDAQ:GDS) was last updated on 7/24/2024 by MarketBeat.com Staff

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