GDS Holdings Analyst Upgrade Highlights Higher AI Demand Driven By DeepSeek, Other Platforms In China

1. Analyst upgraded GDS to Strong Buy with a $53 price target. 2. GDS reported a 9.1% year-on-year revenue increase to CN¥2.69 billion. 3. Company expects FY25 revenues of CN¥11.29–11.59 billion and EBITDA of CN¥5.19–5.39 billion. 4. Market misunderstood Q4 results due to exclusion of subsidiary DayOne. 5. Management anticipates increased AI demand, securing 150 MW in new contracts.