Wall Street Zen upgrades GDS stock to Hold

Published on 10/07/2026 at 00:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GDS revenue hit USD 3.08 billion in the second quarter of 2026. GDS stock was EUR 3.46 on October 5, 2026, 33.46 percent below EUR 5.20.

GDS, KYG3902L1095, Illustration mit AI erstellt.

GDS Holdings stock had a prior close of EUR 3.46 at Lang & Schwarz on October 5, 2026. As MarketBeat reported on September 6, 2026, Wall Street Zen upgraded GDS from Sell to Hold. The change adds a more cautious signal to an analyst view that remains broadly positive.

Analyst view stays divided

MarketBeat reported that GDS had one Strong Buy rating, three Buy ratings and two Hold ratings on September 6, 2026. The consensus was Moderate Buy, with an average price target of USD 48.12 across six analysts.

Raymond James reaffirmed a Strong Buy rating and set a USD 51.00 target on September 1, 2026, according to MarketBeat. That target sits in a different currency from the Lang & Schwarz quote, so it is a separate reference rather than a direct return calculation.

Revenue missed estimates slightly

Earnings Today reported that revenue in the second quarter of 2026 was USD 3.08 billion versus USD 3.10 billion expected. Earnings per share were USD 0.52 against a USD 1.35 estimate, while gross margin was 19.50 percent, down 14.10 percentage points from the prior quarter.

The company investor page identifies the second-quarter 2026 results as an August 13, 2026 release and presentation. The period matters because the revenue comparison was close, while the earnings gap was much wider, leaving profitability as the sharper issue in the latest reported quarter.

GDS remains below its yearly high

MarketBeat listed a Nasdaq 52-week range of USD 26.97 to USD 48.61 on September 6, 2026, with GDS market capitalization at USD 6.28 billion in that report. The Lang & Schwarz prior close of EUR 3.46 was 33.46 percent below the EUR 5.20 52-week high shown for the German quote on October 4, 2026.

GDS Holdings develops and operates data centers for cloud providers, internet companies, financial institutions and other enterprise customers. Its Nasdaq listing uses the ticker GDS, while its Hong Kong listing uses 9698.

Trading reference for investors

The latest Lang & Schwarz data showed a prior close of EUR 3.46 for October 5, 2026; the quote carried no valid same-day change for October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of GDS stock.