Kingsoft Cloud (NASDAQ:KC) Sets New 12-Month Low – What’s Next?

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) hit a new 52-week low on Wednesday . The company traded as low as $9.54 and last traded at $9.63, with a volume of 1392499 shares. The stock had previously closed at $9.78.

Analysts Set New Price Targets

KC has been the topic of several recent research reports. Jefferies Financial Group lifted their price target on Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. Zacks Research cut Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Tuesday, April 21st. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Kingsoft Cloud has a consensus rating of “Moderate Buy” and an average target price of $18.53.

Kingsoft Cloud Price Performance

The company’s fifty day moving average is $13.84 and its 200 day moving average is $13.17. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of -18.55 and a beta of 1.94. 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:KC) last released its earnings results on Friday, May 15th. The company reported ($0.17) earnings per share 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. On average, equities research analysts predict that Kingsoft Cloud Holdings Limited Sponsored ADR will post -0.46 EPS for the current year.

Institutional Trading of Kingsoft Cloud

A number of hedge funds and other institutional investors have recently modified their holdings of KC. Artisan Partners Limited Partnership bought a new stake in Kingsoft Cloud during the third quarter worth about $51,504,000. The Manufacturers Life Insurance Company acquired a new position in Kingsoft Cloud during the first quarter valued at approximately $9,456,000. Defiance ETFs LLC bought a new position in Kingsoft Cloud in the fourth quarter valued at approximately $6,463,000. Maxi Investments CY Ltd bought a new position in Kingsoft Cloud in the fourth quarter valued at approximately $5,980,000. Finally, LMR Partners LLP increased its position in shares of Kingsoft Cloud by 1,114.5% during the 2nd quarter. LMR Partners LLP now owns 518,200 shares of the company’s stock worth $6,488,000 after purchasing an additional 475,533 shares during the last quarter. Institutional investors and hedge funds own 13.40% of the company’s stock.

About Kingsoft Cloud

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.