A number of research firms have changed their ratings and price targets for GDS (NASDAQ: GDS):
- 2/11/2025 – GDS was upgraded by analysts at Daiwa Capital Markets from a “neutral” rating to a “buy” rating.
- 1/29/2025 – GDS had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $26.00 price target on the stock.
- 1/28/2025 – GDS was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
- 1/27/2025 – GDS was upgraded by analysts at Citizens Jmp to a “strong-buy” rating.
- 1/27/2025 – GDS is now covered by analysts at JMP Securities. They set an “outperform” rating and a $35.00 price target on the stock.
GDS Stock Up 4.6 %
Shares of GDS stock traded up $1.59 during trading hours on Thursday, hitting $36.02. 3,718,211 shares of the company’s stock traded hands, compared to its average volume of 2,394,312. GDS Holdings Limited has a 12-month low of $5.85 and a 12-month high of $36.08. The stock has a market cap of $6.86 billion, a price-to-earnings ratio of -11.81 and a beta of 0.12. The stock’s fifty day simple moving average is $23.25 and its two-hundred day simple moving average is $20.06. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 2.25.
Institutional Investors Weigh In On GDS
Hedge funds have recently added to or reduced their stakes in the stock. Blue Trust Inc. grew its position in shares of GDS by 1,558.3% during the 3rd quarter. Blue Trust Inc. now owns 2,504 shares of the company’s stock valued at $51,000 after acquiring an additional 2,353 shares during the period. Public Employees Retirement System of Ohio bought a new position in GDS in the 3rd quarter worth $64,000. PNC Financial Services Group Inc. boosted its holdings in GDS by 26.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,177 shares of the company’s stock worth $75,000 after buying an additional 672 shares during the period. Wells Fargo & Company MN boosted its holdings in GDS by 1,904.2% in the 4th quarter. Wells Fargo & Company MN now owns 3,788 shares of the company’s stock worth $90,000 after buying an additional 3,599 shares during the period. Finally, Signaturefd LLC boosted its holdings in GDS by 17.3% in the 3rd quarter. Signaturefd LLC now owns 8,221 shares of the company’s stock worth $168,000 after buying an additional 1,215 shares during the period. 33.71% of the stock is currently owned by hedge funds and other institutional investors.
GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China. The company provides colocation services comprising critical facilities space, customer-available power, racks, and cooling; managed hosting services, including business continuity and disaster recovery, network management, data storage, system security, operating system, database, and server middleware services; managed cloud services; and consulting services.
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