GDS (NASDAQ:GDS) Stock Falls 8.9% – What’s Next?

Shares of GDS Holdings (NASDAQ:GDS) fell 8.9% during mid-day trading on Wednesday. The stock traded as low as $27.47 and last traded at $26.9510. Approximately 420,699 shares were traded during trading, a decline of 80% from the average daily volume of 2,071,590 shares. The stock had previously closed at $29.60.

More GDS News

Here are the key news stories impacting GDS this week:

• Neutral Sentiment: Most of the coverage concerns India Post’s Gramin Dak Sevak (GDS) recruitment process, including the first merit list for 23,757 positions, state-level cutoffs and document-verification deadlines. This is unrelated to GDS Holdings, the China-based data-center operator. India Post GDS Merit List 2026
• Neutral Sentiment: Additional reports repeat the India Post merit-list results, cutoff ranges and verification process; they should not be interpreted as news about GDS Holdings or its operating performance. India Post GDS Selection Status and Verification
• Neutral Sentiment: A separate article reports that GDS Associates appointed Gary Cooley as chief financial officer. GDS Associates is a different company and the appointment has no apparent connection to GDS Holdings. GDS Associates Appoints CFO

Analysts Set New Price Targets

GDS has been the subject of several recent research reports. Wall Street Zen cut shares of GDS from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of GDS in a research report on Thursday, August 13th. Raymond James Financial reiterated a “strong-buy” rating and set a $51.00 price target on shares of GDS in a report on Tuesday, September 1st. Finally, Zacks Research cut GDS from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $48.12.

GDS Trading Down 14.1%

The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 1.22. The firm has a fifty day simple moving average of $31.92 and a two-hundred day simple moving average of $34.99. The firm has a market cap of $5.10 billion, a PE ratio of 11.87 and a beta of 0.42.

GDS (NASDAQ:GDS) last posted its quarterly earnings results on Tuesday, June 30th. The company reported $0.52 EPS for the quarter. GDS had a net margin of 30.70% and a return on equity of 17.94%. The firm had revenue of $454.51 million for the quarter. Equities analysts forecast that GDS Holdings will post 2.23 EPS for the current year.

Hedge Funds Weigh In On GDS

Large investors have recently modified their holdings of the business. Carrhae Capital LLP grew its position in GDS by 51.1% in the second quarter. Carrhae Capital LLP now owns 3,300,419 shares of the company’s stock valued at $99,112,000 after acquiring an additional 1,115,757 shares in the last quarter. Triata Capital Ltd grew its position in GDS by 23.5% during the 4th quarter. Triata Capital Ltd now owns 2,974,298 shares of the company’s stock worth $103,803,000 after purchasing an additional 566,345 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of GDS by 25.5% during the first quarter. Bank of America Corp DE now owns 2,177,301 shares of the company’s stock worth $87,723,000 after purchasing an additional 442,414 shares during the period. WCM Investment Management LLC acquired a new position in GDS in the 1st quarter worth about $68,092,000. Finally, Hsbc Holdings PLC increased its stake in shares of GDS by 294.4% during the 1st quarter. Hsbc Holdings PLC now owns 1,220,693 shares of the company’s stock worth $48,746,000 after purchasing an additional 911,191 shares during the last quarter. 33.71% of the stock is owned by hedge funds and other institutional investors.

GDS Company Profile

GDS Holdings Limited (NASDAQ: GDS) is a developer and operator of data centers. The company provides data center infrastructure and related services to cloud service providers, internet companies, financial institutions, telecommunications carriers and multinational corporations.

Its services include wholesale and retail colocation, managed data center services, interconnection and cloud connectivity. GDS designs, builds and operates facilities intended to support customers’ critical information technology infrastructure, including cloud computing, data storage and other high-performance computing requirements.

Founded in 2001, GDS has historically focused on serving customers in China through data centers in major economic and technology centers.