Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) have been assigned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $18.5333.

Several research analysts recently commented on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Tuesday, April 21st. Zacks Research cut shares of Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Finally, Jefferies Financial Group raised their target price on shares of Kingsoft Cloud from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th.

Institutional Investors Weigh In On Kingsoft Cloud

Several hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd bought a new position in Kingsoft Cloud in the 4th quarter worth about $63,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Kingsoft Cloud by 14.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock valued at $95,000 after purchasing an additional 1,170 shares in the last quarter. CWM LLC bought a new position in shares of Kingsoft Cloud during the fourth quarter valued at $132,000. Equitable Holdings Inc. bought a new position in shares of Kingsoft Cloud during the third quarter valued at $150,000. Finally, Nomura Holdings Inc. purchased a new position in Kingsoft Cloud in the 2nd quarter worth about $175,000. Institutional investors own 13.40% of the company’s stock.

Kingsoft Cloud Trading Down 3.1%

KC stock opened at $11.07 on Thursday. The company has a market capitalization of $3.34 billion, a PE ratio of -23.55 and a beta of 1.94. Kingsoft Cloud has a one year low of $10.29 and a one year high of $18.52. The company’s 50 day moving average price is $14.80 and its two-hundred day moving average price is $13.33. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.03 and a current ratio of 1.03.

Kingsoft Cloud (NASDAQ:KC) last posted its quarterly earnings results on Friday, May 15th. The company reported ($0.17) EPS for the quarter. The business had revenue of $392.15 million for the quarter. Kingsoft Cloud had a negative return on equity of 11.67% and a negative net margin of 9.38%. As a group, analysts predict that Kingsoft Cloud will post -0.46 earnings per share for the current fiscal year.

Kingsoft Cloud Company Profile

Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading provider of cloud computing services in China, offering a comprehensive suite of infrastructure and platform solutions to enterprise customers. Established in 2012 as a subsidiary of Kingsoft Corporation, the company has grown into an independent public entity with dual listings, serving as a critical backbone for digital transformation across multiple industries. Headquartered in Beijing, Kingsoft Cloud leverages advanced technologies to optimize cloud operations and deliver scalable, reliable services.

The company’s core offerings span Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), encompassing compute, storage, database, content delivery networks (CDN) and security solutions.