Chindata Group (NASDAQ:CD) Shares Climb 8.3% – Should You Buy?

Posted by George Bondi on Oct 6th, 2026

Chindata Group Holdings Limited (NASDAQ:CD – Get Free Report) rose 8.3% on Tuesday. The company traded as high as $8.42 and last traded at $8.13. 48,577 shares changed hands during trading, a decline of 76% from the average daily volume of 200,333 shares. The stock had previously closed at $7.51.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CD. Weiss Ratings reiterated a “sell (d)” rating on shares of Chindata Group in a research note on Monday, September 21st. Wall Street Zen upgraded Chindata Group from a “sell” rating to a “hold” rating in a research report on Saturday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Chindata Group presently has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on Chindata Group

Chindata Group Trading Up 8.5%

The firm has a market cap of $896.50 million, a PE ratio of -271.67 and a beta of 5.06. The firm’s 50 day simple moving average is $3.80 and its 200 day simple moving average is $4.70.

Chindata Group (NASDAQ:CD – Get Free Report) last released its quarterly earnings results on Friday, August 14th. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $0.46 million during the quarter.

Institutional Trading of Chindata Group

A hedge fund recently raised its stake in Chindata Group stock. Bank of America Corp DE raised its stake in shares of Chindata Group Holdings Limited (NASDAQ:CD – Free Report) by 11.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,834 shares of the company’s stock after acquiring an additional 3,792 shares during the quarter. Bank of America Corp DE’s holdings in Chindata Group were worth $143,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 30.82% of the company’s stock.

About Chindata Group

(Get Free Report)

Chindata Group Holdings Limited was a data center solution provider focused on serving cloud service providers, internet companies and other enterprise customers in emerging markets across the Asia-Pacific region. The company developed and operated hyperscale data center campuses and provided supporting infrastructure for customers with large-scale computing and storage requirements.

Its services included data center planning, design, construction and operation, as well as facilities management, network connectivity and related information technology infrastructure services.