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.

Zhitong Finance21:31 ET

[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).

Jinwu Financial News21:25 ET

GDS Holdings (NASDAQ:GDS) Use Of Debt Could Be Considered Risky

Simply Wall StNov 23 09:43 ET

Institutional Investors in GDS Holdings Limited (NASDAQ:GDS) Lost 17% Last Week but Have Reaped the Benefits of Longer-term Growth

Yahoo FinanceNov 23 07:17 ET

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.

King Wu Financial NewsNov 21 21:52 ET

Jefferies Maintains GDS Holdings(GDS.US) With Buy Rating, Raises Target Price to $27.06

Moomoo NewsNov 21 21:32 ET · Ratings