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

Shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KCGet Free Report) have been assigned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $18.5333.

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

Read Our Latest Stock Report on KC

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in KC. Caitong International Asset Management Co. Ltd bought a new position in Kingsoft Cloud during the fourth quarter valued at approximately $63,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Kingsoft Cloud by 14.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock valued at $95,000 after buying an additional 1,170 shares during the last quarter. CWM LLC bought a new position in shares of Kingsoft Cloud during the 4th quarter valued at $132,000. Equitable Holdings Inc. bought a new position in shares of Kingsoft Cloud during the 3rd quarter valued at $150,000. Finally, Nomura Holdings Inc. purchased a new position in shares of Kingsoft Cloud in the 2nd quarter worth $175,000. 13.40% of the stock is owned by hedge funds and other institutional investors.

Kingsoft Cloud Price Performance

Shares of KC opened at $9.10 on Monday. Kingsoft Cloud has a twelve month low of $8.35 and a twelve month high of $18.52. The company has a market capitalization of $2.75 billion, a P/E ratio of -19.36 and a beta of 1.99. The firm has a 50 day moving average of $12.82 and a 200 day moving average of $13.07. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.37.

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

About Kingsoft Cloud

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for Kingsoft Cloud (NASDAQ:KC)

Receive News & Ratings for Kingsoft Cloud Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingsoft Cloud and related companies with MarketBeat.com's FREE daily email newsletter.