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

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) has been assigned an average recommendation of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $18.5333.

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

Institutional Trading of Kingsoft Cloud

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE raised its stake in Kingsoft Cloud by 93.4% during the first quarter. Bank of America Corp DE now owns 165,504 shares of the company’s stock valued at $2,211,000 after buying an additional 79,910 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new stake in Kingsoft Cloud during the first quarter valued at approximately $9,456,000. Cetera Investment Advisers raised its stake in Kingsoft Cloud by 11.7% during the first quarter. Cetera Investment Advisers now owns 33,049 shares of the company’s stock valued at $442,000 after buying an additional 3,449 shares in the last quarter. XY Capital Ltd raised its stake in Kingsoft Cloud by 84.2% during the first quarter. XY Capital Ltd now owns 274,946 shares of the company’s stock valued at $3,673,000 after buying an additional 125,671 shares in the last quarter. Finally, Baader Bank Aktiengesellschaft acquired a new stake in shares of Kingsoft Cloud during the 1st quarter worth approximately $2,405,000. Institutional investors and hedge funds own 13.40% of the company’s stock.

Kingsoft Cloud Trading Up 5.7%

NASDAQ:KC opened at $11.34 on Thursday. 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 has a one year low of $10.29 and a one year high of $18.52. The business’s 50-day simple moving average is $14.64 and its 200 day simple moving average is $13.30. The stock has a market cap of $3.43 billion, a price-to-earnings ratio of -24.13 and a beta of 1.94.

Kingsoft Cloud (NASDAQ:KC) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.17) EPS for the quarter. Kingsoft Cloud had a negative return on equity of 11.67% and a negative net margin of 9.38%.The business had revenue of $392.15 million during the quarter. As a group, sell-side 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.