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Recommendations
GDS Holdings price target raised to $95 from $69 at RBC Capital » 09:12
06/30/20
06/30
09:12
06/30/20
09:12
GDS

GDS Holdings

$80.01 /

-1.91 (-2.33%)

RBC Capital analyst…

RBC Capital analyst Jonathan Atkin raised the firm's price target on GDS Holdings to $95 from $69 and keeps an Outperform rating on the shares. The analyst cites the recent announcement of a $505M private placement, with the proceeds from the investment to be used for organic datacenter development, potential acquisition opportunities, and other corporate purposes. Atkin adds that he is positive on GDS Holdings' expanding land bank that will fill a growing development pipeline with a "higher level of stabilized EBITDA."

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GDS GDS Holdings
$80.01 /

-1.91 (-2.33%)

GDS GDS Holdings
$80.01 /

-1.91 (-2.33%)

06/16/20 Jefferies
Jefferies starts GDS Holdings, 21Vianet at Buy on data center growth
06/16/20 Jefferies
GDS Holdings initiated with a Buy at Jefferies
04/21/20 Goldman Sachs
GDS Holdings initiated with a Buy at Goldman Sachs
03/26/20 Raymond James
Raymond James reiterates Strong Buy on GDS Holdings after short report released
GDS GDS Holdings
$80.01 /

-1.91 (-2.33%)

  • 14
    Jan
  • 06
    Dec
GDS GDS Holdings
$80.01 /

-1.91 (-2.33%)

GDS GDS Holdings
$80.01 /

-1.91 (-2.33%)

Hot Stocks
GDS Holdings announces equity investment by Hillhouse, STT GDC » 09:38
06/22/20
06/22
09:38
06/22/20
09:38
GDS

GDS Holdings

$75.21 /

+2.4 (+3.30%)

GDS Holdings Limited…

GDS Holdings Limited announced that two long-term investors, Hillhouse Capital and ST Telemedia Global Data Centres, have agreed to purchase, through a private placement, a total of $505 million of newly issued Class A ordinary shares of the Company at a price equivalent to $65 per ADS. The private placement represents approximately 5.1% of the Company's total outstanding shares. Hillhouse will subscribe $400 million and STT GDC will subscribe $105 million. The purchase price reflects a 5.9% discount to the VWAP of GDS shares for the last 10 trading days ended June 19, 2020. Following the equity investment, Hillhouse's ownership position in GDS will be approximately 3.9% and STT GDC will be approximately 34.2%. The proceeds from the investment will be used by GDS for its organic data center development, potential acquisition opportunities, and other general corporate purposes. The transaction is expected to close in the next few days.

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GDS GDS Holdings
$75.21 /

+2.4 (+3.30%)

GDS GDS Holdings
$75.21 /

+2.4 (+3.30%)

06/16/20 Jefferies
Jefferies starts GDS Holdings, 21Vianet at Buy on data center growth
06/16/20 Jefferies
GDS Holdings initiated with a Buy at Jefferies
04/21/20 Goldman Sachs
GDS Holdings initiated with a Buy at Goldman Sachs
03/26/20 Raymond James
Raymond James reiterates Strong Buy on GDS Holdings after short report released
GDS GDS Holdings
$75.21 /

+2.4 (+3.30%)

GDS GDS Holdings
$75.21 /

+2.4 (+3.30%)

GDS GDS Holdings
$75.21 /

+2.4 (+3.30%)

Initiation
Jefferies starts GDS Holdings, 21Vianet at Buy on data center growth » 16:42
06/16/20
06/16
16:42
06/16/20
16:42
GDS

GDS Holdings

$66.59 /

-1.89 (-2.76%)

, VNET

21Vianet

$14.66 /

-0.2 (-1.35%)

Jefferies analyst Edison…

Jefferies analyst Edison Lee initiated coverage of GDS Holdings (GDS) and 21Vianet (VNET) with a Buy rating, noting that China's internet data center growth is "shifting into the fast lane" amid continued digitization, cloud migration and 5G. The analyst anticipates internet data center utilization to rise to 78% by 2022 from 65% currently with "ongoing shortages" in tier-1 cities. Lee adds that 21Vianet has more upside as "past distractions" and Unigroup's leverage attracted an unwarranted discount.

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VNET 21Vianet
$14.66 /

-0.2 (-1.35%)

GDS GDS Holdings
$66.59 /

-1.89 (-2.76%)

GDS GDS Holdings
$66.59 /

-1.89 (-2.76%)

06/16/20 Jefferies
GDS Holdings initiated with a Buy at Jefferies
04/21/20 Goldman Sachs
GDS Holdings initiated with a Buy at Goldman Sachs
03/26/20 Raymond James
Raymond James reiterates Strong Buy on GDS Holdings after short report released
VNET 21Vianet
$14.66 /

-0.2 (-1.35%)

06/16/20 Jefferies
21Vianet initiated with a Buy at Jefferies
06/09/20 Credit Suisse
21Vianet reinstated with an Outperform at Credit Suisse
04/21/20 Goldman Sachs
21Vianet initiated with a Buy at Goldman Sachs
VNET 21Vianet
$14.66 /

-0.2 (-1.35%)

GDS GDS Holdings
$66.59 /

-1.89 (-2.76%)

GDS GDS Holdings
$66.59 /

-1.89 (-2.76%)

GDS GDS Holdings
$66.59 /

-1.89 (-2.76%)

Initiation
GDS Holdings initiated with a Buy at Jefferies » 16:20
06/16/20
06/16
16:20
06/16/20
16:20
GDS

GDS Holdings

$66.59 /

-1.89 (-2.76%)

Jefferies analyst Edison…

Jefferies analyst Edison Lee initiated coverage of GDS Holdings with a Buy rating and $86.34 price target.

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GDS GDS Holdings
$66.59 /

-1.89 (-2.76%)

GDS GDS Holdings
$66.59 /

-1.89 (-2.76%)

04/21/20 Goldman Sachs
GDS Holdings initiated with a Buy at Goldman Sachs
03/26/20 Raymond James
Raymond James reiterates Strong Buy on GDS Holdings after short report released
03/24/20 RBC Capital
GDS Holdings price target raised to $69 from $62 at RBC Capital
02/27/20 Deutsche Bank
GDS Holdings initiated with a Hold at Deutsche Bank
GDS GDS Holdings
$66.59 /

-1.89 (-2.76%)

GDS GDS Holdings
$66.59 /

-1.89 (-2.76%)

GDS GDS Holdings
$66.59 /

-1.89 (-2.76%)

Over a month ago
Earnings
GDS Holdings reports Q1 EPS (RMB0.09) vs. (RMB0.15) » 06:51
05/14/20
05/14
06:51
05/14/20
06:51
GDS

GDS Holdings

$62.36 /

+0.96 (+1.56%)

Reports Q1 revenue…

Reports Q1 revenue $175.2M, consensus $175.78M. Q1 total area committed and pre-committed increased by 22,112 square meters to 286,990 sqm as of March 31, up 43.6% Y-o-Y. Q1 area in service increased by 4,023 sqm to 229,986 sqm as of March 31, up 34.1% Y-o-Y. "We kicked off 2020 with an outstanding Q1 fueled by strong results across the full spectrum of our business, despite challenges presented by the COVID-19 pandemic," said CEO William Huang. "Our sustained growth performance in the first quarter of 2020, with 39.1% revenue and 49.3% adjusted EBITDA growth, clearly demonstrates the resilience of our business," commented CFO Dan Newman. "Our adjusted EBITDA margin hit a new high of 46.1% during the quarter, increasing by 3.1 percentage points compared with the same period last year. We remain strongly capitalized for the opportunities in front of us."

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GDS GDS Holdings
$62.36 /

+0.96 (+1.56%)

GDS GDS Holdings
$62.36 /

+0.96 (+1.56%)

04/21/20 Goldman Sachs
GDS Holdings initiated with a Buy at Goldman Sachs
03/26/20 Raymond James
Raymond James reiterates Strong Buy on GDS Holdings after short report released
03/24/20 RBC Capital
GDS Holdings price target raised to $69 from $62 at RBC Capital
02/27/20 Deutsche Bank
GDS Holdings initiated with a Hold at Deutsche Bank
GDS GDS Holdings
$62.36 /

+0.96 (+1.56%)

GDS GDS Holdings
$62.36 /

+0.96 (+1.56%)

GDS GDS Holdings
$62.36 /

+0.96 (+1.56%)

Initiation
GDS Holdings initiated with a Buy at Goldman Sachs » 08:13
04/21/20
04/21
08:13
04/21/20
08:13
GDS

GDS Holdings

$59.64 /

+0.65 (+1.10%)

Goldman Sachs analyst…

Goldman Sachs analyst Tina Hou initiated coverage of GDS Holdings with a Buy rating and $70.30 price target. GDS is the leader in China's carrier-neutral data center market with the strongest revenue growth among its peers, Hou tells investor sin a research note. The analyst sees quarterly results, announcements of new projects and favorable policies as share catalysts.

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GDS GDS Holdings
$59.64 /

+0.65 (+1.10%)

03/26/20 Raymond James
Raymond James reiterates Strong Buy on GDS Holdings after short report released
03/24/20 RBC Capital
GDS Holdings price target raised to $69 from $62 at RBC Capital
02/27/20 Deutsche Bank
GDS Holdings initiated with a Hold at Deutsche Bank
01/14/20
Fly Intel: Top five analyst initiations
Over a quarter ago
Recommendations
Raymond James reiterates Strong Buy on GDS Holdings after short report released » 13:54
03/26/20
03/26
13:54
03/26/20
13:54
GDS

GDS Holdings

$56.77 /

-0.36 (-0.63%)

Raymond James analyst…

Raymond James analyst Frank Louthan maintained a Strong Buy rating and $58 price target on GDS Holdings following the release of a short report from a boutique asset firm in China that alleged "many of the same things that a prior firm did in 2018" that "displays the authors' lack of understanding regarding utilization, similar to last time." Louthan said that he would continue to look into the report and return with further analysis.

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GDS GDS Holdings
$56.77 /

-0.36 (-0.63%)

03/24/20 RBC Capital
GDS Holdings price target raised to $69 from $62 at RBC Capital
02/27/20 Deutsche Bank
GDS Holdings initiated with a Hold at Deutsche Bank
01/14/20
Fly Intel: Top five analyst initiations
01/14/20 Macquarie
GDS Holdings initiated with an Outperform at Macquarie
Periodicals
At least 25% of GDS Holdings' revenue is 'fraudulent,' J Capital Research says » 08:38
03/26/20
03/26
08:38
03/26/20
08:38
GDS

GDS Holdings

$57.13 /

+3.42 (+6.37%)

At least 25% of GDS…

At least 25% of GDS Holdings' revenue is "fraudulent," J Capital Research says, contending that the company creates "fake" revenue by round-tripping its own debt and capex, and "aggressively" recognizes future revenues, a portion of which the firm thinks will never be realized. Reference Link

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GDS GDS Holdings
$57.13 /

+3.42 (+6.37%)

03/24/20 RBC Capital
GDS Holdings price target raised to $69 from $62 at RBC Capital
02/27/20 Deutsche Bank
GDS Holdings initiated with a Hold at Deutsche Bank
01/14/20
Fly Intel: Top five analyst initiations
01/14/20 Macquarie
GDS Holdings initiated with an Outperform at Macquarie
Recommendations
GDS Holdings price target raised to $69 from $62 at RBC Capital » 09:31
03/24/20
03/24
09:31
03/24/20
09:31
GDS

GDS Holdings

$50.03 /

-1.51 (-2.93%)

RBC Capital analyst…

RBC Capital analyst Jonathan Atkin raised the firm's price target on GDS Holdings to $69 from $62 and keeps an Outperform rating on the shares. The analyst is positive on the company's positioning in an under-penetrated growing market with strong customer demand trends and limited competitive supply. Atkin adds that GDS Holdings' financial guidance reflects a conservative view of customer move-in timeframes due to supply-chain uncertainties related to COVID-19.

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GDS GDS Holdings
$50.03 /

-1.51 (-2.93%)

02/27/20 Deutsche Bank
GDS Holdings initiated with a Hold at Deutsche Bank
01/14/20
Fly Intel: Top five analyst initiations
01/14/20 Macquarie
GDS Holdings initiated with an Outperform at Macquarie
12/13/19 SunTrust
GDS Holdings price target raised to $55 from $51 at SunTrust
Earnings
GDS Holdings sees FY20 revenue RMB5,510M-RMB5,750M » 08:55
03/19/20
03/19
08:55
03/19/20
08:55
GDS

GDS Holdings

$50.75 /

-1.45 (-2.78%)

Implies a year-on-year…

Implies a year-on-year increase of between approximately 33.7% to 39.5%. Sees adjusted EBITDA to be between RMB2,550 million to RMB2,670 million, implying a year-on-year increase of between approximately 39.8% to 46.4%. In addition, the Company expects capex to be around RMB7,500 million for the full year of 2020, including around Rmb2,500 million related to previously announced property and data center acquisitions. This forecast reflects the Company's preliminary view based on the current business situation and market conditions. Due to the impact of the COVID-19 epidemic and the resulting business disruption in many aspects of the Chinese and global economy, this forecast remains uncertain and subject to change. While China appears to be on a path to recovery, the situation is evolving, and we are closely monitoring developments. Looking beyond the current period, we are confident that GDS will emerge stronger, with even greater opportunity to drive long-term sustainable growth.

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GDS GDS Holdings
$50.75 /

-1.45 (-2.78%)

02/27/20 Deutsche Bank
GDS Holdings initiated with a Hold at Deutsche Bank
01/14/20
Fly Intel: Top five analyst initiations
01/14/20 Macquarie
GDS Holdings initiated with an Outperform at Macquarie
12/13/19 SunTrust
GDS Holdings price target raised to $55 from $51 at SunTrust

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