GDS Holdings (GDS) Surges 7.77% on JPMorgan’s Bullish Rating

We recently published Lackluster Tuesday? Not for These 10 Stocks on Sky High. GDS Holdings Limited (NASDAQ:GDS) is one of Tuesday’s top performers.

GDS Holdings rallied by 7.77 percent on Tuesday to close at $37.72 apiece as investor sentiment was bolstered by JPMorgan’s more bullish stance on the company.

In a market note, the investment firm upgraded GDS Holdings Limited (NASDAQ:GDS) to “overweight” from “neutral” and increased its price target to $46 from $34 previously. The new figure marked a 22-percent upside from its latest closing price.

According to JPMorgan, the revision was based on growth optimism for its domestic data center operations with the resumption of H20 chip shipments to China. This, in turn, would help grow its China pipeline and bolster revenues.

Based on its historical earnings reporting dates, GDS Holdings Limited (NASDAQ:GDS) will announce the results of its second quarter financial and operating performance in the third week of August 2025.

GDS Holdings (GDS) Surges 7.77% on JPMorgan's Bullish Rating

A top level executive looking out of a skyscraper window, symbolizing the strategic decisions taken by the company.

For full year 2025, GDS Holdings Limited (NASDAQ:GDS) expects revenues to settle between 11.29 billion yuan and 11.59 billion yuan, with adjusted EBITDA of 5.19 billion yuan to 5.39 billion yuan.

While we acknowledge the risk and potential of GDS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GDS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.