GDS Holdings Limited [GDS] Stock Forecast

GDS Holdings Limited (NASDAQ:GDS ) Q3 2023 Earnings Call Transcript November 22, 2023 8:00 AM ET Company Participants Laura Chen - Head of IR William Huang - Founder, Chairman and CEO Dan Newman - CFO Conference Call Participants Jonathan Atkin - RBC Yang Liu - Morgan Stanley Sara Wang - UBS Michael Elias - TD Cowen Operator Hello, ladies and gentlemen. Thank you for standing by for GDS Holdings Limited Third Quarter 2023 Earnings Conference Call.

SHANGHAI, China, Nov. 08, 2023 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced that it will report its third quarter 2023 unaudited financial results after the close of the Hong Kong market and before the open of the U.S. market on November 22, 2023.

GDS Holdings' current key valuation multiples such as EV/EBITDA and Enterprise Value-to-Revenue are about half of their respective five-year historical averages. GDS's EBITDA margin is expected to be lower HoH (Half-on-Half) in 2H 2023, which means there is a reasonably low probability of positive earnings surprises in the short term. I leave my Hold rating for GDS unchanged, after taking into account the stock's valuations and a lack of earnings-related catalysts.

China's updated accounting regulations will classify data resources as intangible assets or inventories, boosting the country's digital economy. The inclusion of data assets on balance sheets offers potential benefits, but will also lead to increased scrutiny from investors.

GDS Holdings Limited (NASDAQ:GDS ) Q2 2023 Earnings Conference Call August 22, 2023 8:00 AM ET Company Participants Laura Chen - Head of IR William Huang - Founder, Chairman and CEO Dan Newman - CFO Conference Call Participants Yang Liu - Morgan Stanley Jonathan Atkin - RBC Frank Louthan - Raymond James Sara Wang - UBS Timothy Zhao - Goldman Sachs Mingxuan Li - CICC Cooper Belanger - TD Cowen Operator Hello, ladies and gentlemen, thank you for standing by for the GDS Holdings Limited's Second Quarter 2023 Earnings Conference Call. At this time, all participants are in listen-only mode.

GDS Holdings (GDS) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $0.32 per share a year ago.

GDS Holdings (GDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The mean of analysts' price targets for GDS Holdings (GDS) points to a 62.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

GDS Holdings (GDS) came out with a quarterly loss of $0.40 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $0.50 per share a year ago.

The mean of analysts' price targets for GDS Holdings (GDS) points to a 42.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

GDS Holdings Limited is a CN stock and trading under the symbol GDS

9 stock analysts have 9 predictions with a medium analyst target price of $61.44. The lowest prediction is $15 and the highest is $113.1

GDS Holdings Limited stock price is $10.79 today.

Yes, GDS Holdings Limited is a publicly traded company.