GDS GDS Holdings
- 8.080
- +0.470+6.18%
- 7.920
- -0.160-1.98%
GDS Holdings News
Changes in Hong Kong stocks | Global Data - SW (09698) rose more than 7% in the first quarter, international revenue increased nearly 6 times, and overseas business is expected to maintain strong growth
The Zhitong Finance App learned that GDS (09698) rose more than 7% in the intraday period. As of press release, it had risen 5.96% to HK$7.82, with a turnover of HK$116.704 million. UBS previously released a research report saying that GDS benefited from strong customer demand. International revenue for the first quarter was 206 million yuan, an increase of 580% year-on-year. Management anticipates that its international business will receive more and larger customer orders over the next 12 months. The bank slightly raised the Group's adjusted EBITDA forecast of 0 to 2% for the 2024-26 fiscal year to reflect the expected better international business performance, with a target price of 11.3
Express News | GDS Holdings Ltd : HSBC Cuts Target Price to $9.8 From $14.5
[Broker Focus] BOC International maintains Universal Data (09698) purchase rating indicates that the first quarter results are broadly in line with expectations
Jinwu Financial News | According to the BOC International Development Research Report, the first quarter results of Universal Data (09698) were generally in line with expectations, maintained steady growth, and remained unchanged throughout the year. In the first quarter of 2024, the company achieved revenue of about 2,627 billion yuan (RMB, same below), an increase of 9.1% year on year; adjusted EBITDA was 1,183 billion yuan, up 4.7% year on year, about 25.5% of our forecast for fiscal year 2024 (RMB 4.648 billion), which is roughly in line with expectations. The company remains unchanged in its annual performance guidelines. The adjusted EBITDA is expected to be between RMB 4.950 billion and RMB 5.150 billion.
The GDS Holdings Limited (NASDAQ:GDS) First-Quarter Results Are Out And Analysts Have Published New Forecasts
It's been a mediocre week for GDS Holdings Limited (NASDAQ:GDS) shareholders, with the stock dropping 19% to US$7.74 in the week since its latest first-quarter results.
J.P. Morgan Maintains GDS Holdings(GDS.US) With Hold Rating, Raises Target Price to $7.5
J.P. Morgan analyst Gokul Hariharan maintains $GDS Holdings(GDS.US)$ with a hold rating, and adjusts the target price from $7 to $7.5.According to TipRanks data, the analyst has a success rate of 59.5
TD Cowen Maintains GDS Holdings(GDS.US) With Buy Rating
TD Cowen analyst Michael Elias maintains $GDS Holdings(GDS.US)$ with a buy rating.According to TipRanks data, the analyst has a success rate of 42.5% and a total average return of -7.3% over the past
Bank Ratings | Jefferies: Raising the target price of Universal Data to $16.69, international business expansion is on track
According to the report published by Jefferies, GDS's first-quarter revenue and EBITDA increased by 9% and 5%, respectively, slightly below market and expectations. The full-year guidance remained unchanged, but the stock price declined after announcing results, which seemed to be due to investors leaving the market in profit, slightly moderate quarterly results, and a lack of short-term catalysts. Its international business expansion is on track, and the process of monetizing mainland assets through REITs may not be implemented until later this year. According to the report, the current price of the stock is equivalent to 9.3 times the EV/EBITDA forecast this year. The three-year EBITDA compound annual growth rate is 12%. The valuation is not very high, but it is needed
Express News | GDS Holdings Ltd : JP Morgan Raises Target Price to $7.5 From $7
GDS Holdings (GDS) Receives a Buy From TD Cowen
BofA Securities Maintains GDS Holdings(GDS.US) With Buy Rating, Maintains Target Price $10.4
BofA Securities analyst Daley Li maintains $GDS Holdings(GDS.US)$ with a buy rating, and maintains the target price at $10.4.According to TipRanks data, the analyst has a success rate of 50.0% and a t
Analysts Offer Insights on Technology Companies: GDS Holdings (GDS), Snowflake (SNOW) and Uber Technologies (UBER)
Jefferies Maintains GDS Holdings(GDS.US) With Buy Rating, Cuts Target Price to $16.69
Jefferies analyst Edison Lee maintains $GDS Holdings(GDS.US)$ with a buy rating, and adjusts the target price from $17.75 to $16.69.According to TipRanks data, the analyst has a success rate of 42.6%
Express News | GDS Holdings Ltd : TD Cowen Cuts Target Price to $27 From $29
12 Information Technology Stocks Moving In Wednesday's Intraday Session
GainersAkoustis Technologies (NASDAQ:AKTS) shares moved upwards by 156.6% to $0.35 during Wednesday's regular session. The market value of their outstanding shares is at $34.8 million. Maxeon Solar Te
Express News | GDS Holdings Shares Are Trading Lower After the Company Reported Worse-than-expected Q1 Sales Results
Earnings Call Summary | GDS Holdings(GDS.US) Q1 2024 Earnings Conference
The following is a summary of the GDS Holdings Limited (GDS) Q1 2024 Earnings Call Transcript:Financial Performance:GDS Holdings reported a consolidated revenue increase of 9.1% and adjusted EBITDA bo
Hong Kong Stock Announcement Nuggets | Kuaishou-W's adjusted net profit for the first quarter was 4.388 billion yuan, up 10347.6% year-on-year, and e-commerce business GMV reached 288.1 billion yuan
Kuaishou-W (01024) plans to buy back the company's Class B common shares worth no more than HK$16 billion within the next 36 months; Jinshan Software (03888) announced first-quarter results, and shareholders' profit of $285 million increased 48% year over year
Global Data (GDS.US) net revenue increased to 2,627 billion yuan in the first quarter to accelerate the strategic layout of international business
GLONGHUI, May 22丨GDS.US (GDS.US) announced results for the first quarter of 2024. In the first quarter of 2024, net revenue increased 9.1% year over year to RMB 2,627 billion; adjusted EBITDA (non-GAAP) increased 4.7% year on year to RMB 1.18 billion, and the adjusted EBITDA ratio was 45.0%. As of March 31, 2024, the total area signed and pre-signed was 668,012 square meters, an increase of 5.4% over the previous year; the operating area was 583,229 square meters, an increase of 12.5% over the previous year, and the operating area was signed
GDS Holdings' Mixed Q1 Results: Strong Growth In Service Area But Revenue Falls Short
GDS Holdings Ltd (NASDAQ:GDS) reported a first-quarter fiscal 2024 net revenue increase of 9.1% year-over-year to $363.89 million, missing the consensus of $374.55 million.The increase was primarily d
6-K: Report of foreign private issuer (related to financial reporting)
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