GDS Similar Chart Price Prediction
The price of GDS is predicted to go up 0.04%, based on the high correlation periods with UHG. The similarity of these two price pattern on the periods is 98.34%.
GDS
UHG
Up: 0.04%Similarity: 98.34%
GDS Revenue Forecast
GDS EPS Forecast
GDS FAQs
What is bull’s view on GDS?
What is bear's view on GDS?
What is GDS revenue forecast for next quarter？
GDS VS S&P500
GDS' rapid expansion in the land grab stage of the industry should allow it to own data centers in sought after areas such as downtown in Tier 1 cities and in data center clusters.
5G, industrial internet, cloud computing, artificial intelligence and other innovations that increase the demand for data and connectivity leave us in the early stage of a data center renaissance.
As an early entrant into the data center business in China GDS has built up expertise and a reputation that should allow it to remain competitive in the data center construction and operations.
GDS Analyst's Forecast
Jonathan Atkin
RBC Capital
Buy
2024-10-14
Price Target
$14 → $26
Upside
+17.06%
RBC Capital raised the firm's price target on GDS Holdings to $26 from $14 and keeps an Outperform rating on the shares. The firm cites the company's "strong" Q2 results while updating its methodology with C-REIT considerations, the analyst tells investors in a research note. The company has also seen additional commercial momentum with Batam provided an update on Singapore, and secured expansion optionality in a new international market, the firm added.
