For 2010 third quarter, net revenues jumped 57.9% to RMB 109.1 million, while non-GAAP EBITDA grew 84.6% to RMB 35.1 million. For 2010 fourth quarter, the management expects net revenues to gain in the range of 67.3%-71.6% to RMB 119-122 million.
The stock will likely provide an upside of 36% over the next 12 months with a consensus target price of $30.8, according to analysts polled by Bloomberg. In comparison, Akamai Technologies (AKAM), Computer Sciences (CSC), Rackspace Hosting (RAX) and Equinix (EQIX) are expected to return around 15%, -4%, -4% and 18%, respectively.
Of the four analysts covering the stock, two recommend buying, 1 suggests holding and 1 rates selling.