GDS Holdings-SW's stock price surged 6.60% during the intraday session on Friday, marking a significant rebound for the data center operator.

The sharp rise follows supportive analysis from several major investment banks. Macquarie reaffirmed its Outperform rating, Goldman Sachs maintained its Buy rating, and CITIC Securities raised its target price, with their targets implying approximately 60% upside from recent levels. The optimism is underpinned by the company's strong first-quarter performance, where new signed orders for IT power capacity reached 346MW, surpassing the total for the entire prior fiscal year. This robust order pipeline highlights surging demand for AI computing infrastructure, reinforcing the company's long-term growth prospects despite near-term financial pressures from a significant capital expenditure plan.