Goldman Sachs Initiates GDS Holdings(GDS.US) With Buy Rating, Announces Target Price $24.2
GDS Holdings Price Target Raised to $24.20 From $24 at Goldman Sachs
bocom intl: Maintain gds holdings-SW (09698) "buy" rating with a target price raised to 22.88 HKD.
The company maintains its annual performance guidance unchanged, expecting annual revenue to be between 11.34 billion and 11.76 billion yuan, with adjusted EBITDA between 4.95 billion and 5.15 billion yuan.
[Brokerage Focus] Bocom Intl raises gds holdings (09698) target price by 13.4% as its third-quarter performance meets expectations.
Golden Age Financial News | Bocom Intl's research report points out that GDS Holdings (09698) achieved revenue of approximately 2.966 billion yuan in the third quarter, a year-on-year increase of 17.7%. Adjusted EBITDA was 1.295 billion yuan, a 15.0% increase year-on-year. The company maintains its full-year performance guidance unchanged, with estimated full-year revenue between 11.34 billion and 11.76 billion yuan, and adjusted EBITDA between 4.95 billion and 5.15 billion yuan. The company has adjusted its full-year CAPEX guidance for 2024, increasing from the previous 6.5 billion yuan to 11 billion yuan (China/International business 30/70).
GDS Holdings (NASDAQ:GDS) Use Of Debt Could Be Considered Risky
Institutional Investors in GDS Holdings Limited (NASDAQ:GDS) Lost 17% Last Week but Have Reaped the Benefits of Longer-term Growth
gds holdings (09698) rose 3.86%, with institutions indicating that its performance meets expectations.
King's Wealth News | GDS Holdings (9698) fluctuated and rose in the morning, as of the deadline, up 3.86% to HK$18.28, with a turnover of 16.5254 million Hong Kong dollars. Bank of America Securities pointed out that GDS Holdings' third-quarter revenue increased by 18% year-on-year to 2.97 billion yuan, EBITDA adjusted for tax and amortization increased by 15% year-on-year to 1.3 billion yuan, both meeting market and the bank's expectations. The company's management raised next year's capital expenditure guidance from 6.5 billion yuan to 11 billion yuan, including capital expenditure guidance for both China and international markets, which were increased to 2.5 billion and 40 billion yuan respectively.
Jefferies Maintains GDS Holdings(GDS.US) With Buy Rating, Raises Target Price to $27.06
Goldman Sachs: US hedge funds significantly increased their shareholding of Chinese concept stocks in the third quarter.
A report by Goldman Sachs, a US investment bank, shows that US hedge funds increased their investments in Chinese companies listed in the US in the third quarter, with jd.com and GDS Holdings stocks being bought the most. According to a report sent to clients on Wednesday by Goldman Sachs, the exposure of US hedge funds to US-listed Chinese concept stocks has risen to the highest level since the end of 2021. The bank stated that as of early the fourth quarter, approximately 25% of US long-short stock funds hold at least one long position in Chinese concept stocks. E-commerce giant jd.com is the most popular, attracting 47 hedge funds, with 26 funds net buying in the third quarter.
Hong Kong stock concept tracking | Global data cross-border flow cooperation initiative released. The construction of the data market enters a new stage (Concept stocks attached).
The initiative is expected to radiate the cni data factor index industry to the global market.
GDS Holdings (GDS): Expanding Data Center Capacity to Meet AI Demand
China ADRs Have Increased to the Largest Share Since Late 2021 – GS
Express News | GDS Holdings Ltd : Jefferies Cuts Target Price to $27.06 From $27.44
GDS Holdings released its third quarter financial report for 2024 – revenue increased by nearly 18% year-on-year, driven by AI demand which continues to push up datacenter utilization.
shanghai, November 19, 2024 - China and Southeast Asia's leading high-performance datacenter operator and service provider gds holdings limited (hereinafter referred to as "gds" or the "company") (nasdaq stock code: GDS; hkex stock code: 9698) today announced the unaudited financial performance for the third quarter ended September 30, 2024. Third quarter of 2024: Net revenue was 2.9657 billion yuan (0.4226 billion US dollars), a year-on-year increase of 17.7%; Adjusted EBITDA was 1.2957 billion yuan (1.84
GDS Holdings Reports Strong Revenue Growth in Q3 2024
GDS' Q3 Loss Narrows; Upgrades 2024 Capex Guidance; Shares Plunge 17%
Why GDS Holdings Stock Plummeted 16% Today
GDS Holdings Shares Are Trading Lower. The Company Reported Q3 Financial Results.
Express News | GDS Holdings Shares Are Trading Lower. The Company Reported Q3 Financial Results
Data Center Operator GDS Holdings Surpasses Q3 Revenue Estimates, But Shares Drop Amid CapEx Revision
No Data