Core Viewpoint - Bank of America Securities reports that the migration speed of clients for GDS Holdings in Q2 remains similar to Q1, driven by the delivery of a previously signed 152 MW large-scale order, with an expected acceleration in migration speed from Q3 to Q4 [1] Group 1: Business Performance - The international business segment, DayOne, shows strong order growth, with an additional committed capacity of 246 MW in Q2, including new orders from Thailand and Finland [1] - DayOne has secured its second site in Finland for Q3, indicating ongoing expansion [1] - Management believes DayOne has achieved its initial three-year commitment of 1 GW in installed capacity ahead of schedule, with annual additions expected to reach 300 to 500 MW in the coming years [1] Group 2: Financial Adjustments - Bank of America Securities has adjusted the company's adjusted EBITDA forecast down by 2% for 2026 to 2027 [1] - The target price for the company's US stock has been raised from $47.6 to $50.6, while the target price for its Hong Kong stock has increased from HKD 46.7 to HKD 49.7 [1] - The firm reiterates a "Buy" rating for the company [1]
大行评级｜美银：上调万国数据目标价至50.6美元 重申“买入”评级