GDS Holdings Limited (GDS) AI Stock Analysis

Founded in 2001 and headquartered in Shanghai, GDS Holdings Limited is a data center operator in the People's Republic of China. The company develops and operates facilities supporting digital infrastructure across various industries. It specializes in colocation services, providing facility space, power, racks, and cooling solutions. GDS Holdings also delivers managed hosting services encompassing business continuity, disaster recovery, network management, data storage, system security, operating system management, database administration, and server middleware. Additionally, the company delivers managed cloud services for cloud service providers, large internet enterprises, financial institutions, telecommunications firms, and multinational corporations, alongside IT infrastructure consulting services.

Annual revenue expanded from $7.82B in FY2021 to $9.33B in FY2022, $9.96B in FY2023, $10.32B in FY2024, and $11.43B in FY2025, achieving a five-year revenue CAGR of 14.8%. Net income turned positive in FY2024 at $3.30B after net income of -$1.19B in FY2021, -$1.27B in FY2022, and -$4.29B in FY2023. In FY2025, net income was $949.6M with a net margin of 8.3%, an operating margin of 13.4%, and diluted EPS of $6.86. Operating cash flow stood at $3.37B, while free cash flow was -$1.33B. For the trailing twelve months ended June 30, 2026, revenue reached $12.26B with quarterly revenue growth of 6.5% and quarterly earnings growth of 207.0% year-over-year.

As of June 30, 2026, GDS Holdings held $14.93B in cash and short-term investments against $47.39B in total debt, resulting in net debt of $32.46B. Total assets stood at $85.82B and shareholders' equity was $32.35B, yielding a debt-to-equity ratio of 1.46 and a current ratio of 1.78. In FY2025, capital expenditures were $4.69B, dividends paid were $54.1M, and the company's share count increased 42.5% over five years.

At a last close of $23.08 on October 16, 2026, GDS Holdings traded at a market cap of $4.62B and an enterprise value of $11.98B. Its trailing P/E ratio is 10.7x, below the 28.1x median of its US-listed Technology peers. Its EV/EBITDA stands at 14.2x versus the peer median of 16.6x, and its price-to-sales multiple is 0.4x compared to the peer median of 2.8x. However, its forward P/E is 454.5x compared to the peer median of 18.8x. Over the past year, GDS fell 30.6%, while the S&P 500 (SPY) returned 16.8%.

Wall Street coverage consists of 12 Strong Buy and 4 Buy ratings, with zero Hold, Sell, or StrongSell ratings. The mean price target of $50.31 sits 118.0% above the last close of $23.08. For the current fiscal year ending December 31, 2026, analysts estimate revenue of $12.78B and EPS of $3.11. For the next fiscal year, 4 analysts estimate revenue of $14.02B with EPS of $0.04. Over the last 4 quarters, GDS beat EPS estimates 2 times. The next earnings date is November 18, 2026.

This page is an AI-written research summary of GDS Holdings Limited (GDS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: GDS income statement, GDS balance sheet, GDS key metrics, GDS analyst forecast, GDS chart. See the GDS stock overview for the latest quote and news.