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

Shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KCGet Free Report) have earned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $18.30.

A number of equities research analysts have recently commented on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Thursday, January 22nd. The Goldman Sachs Group raised shares of Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 price target on the stock in a research note on Tuesday, February 10th. Finally, Zacks Research raised Kingsoft Cloud from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th.

Check Out Our Latest Report on Kingsoft Cloud

Kingsoft Cloud Stock Up 19.0%

Shares of KC opened at $14.27 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. Kingsoft Cloud has a 52 week low of $10.29 and a 52 week high of $19.57. The stock’s 50-day moving average price is $12.67 and its 200-day moving average price is $13.05. The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of -27.44 and a beta of 2.04.

Hedge Funds Weigh In On Kingsoft Cloud

Several large investors have recently modified their holdings of KC. First Horizon Advisors Inc. acquired a new position in Kingsoft Cloud during the 2nd quarter worth about $27,000. Caitong International Asset Management Co. Ltd purchased a new position in Kingsoft Cloud in the fourth quarter valued at $63,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Kingsoft Cloud by 14.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock valued at $95,000 after acquiring an additional 1,170 shares during the last quarter. CWM LLC purchased a new position in Kingsoft Cloud in the fourth quarter valued at approximately $132,000. Finally, Farther Finance Advisors LLC raised its stake in Kingsoft Cloud by 13.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 9,053 shares of the company’s stock worth $135,000 after acquiring an additional 1,053 shares in the last quarter. Institutional investors and hedge funds own 13.40% of the company’s stock.

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.

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Analyst Recommendations for Kingsoft Cloud (NASDAQ:KC)

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