Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Given Average Rating of “Moderate Buy” by Brokerages

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) has been assigned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $18.4750.

Several research firms have recently commented on KC. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Tuesday, April 21st. The Goldman Sachs Group raised Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 target price for the company in a report on Tuesday, February 10th. Zacks Research lowered Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Finally, Jefferies Financial Group upped their target price on Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a report on Wednesday, March 25th.

Kingsoft Cloud Stock Down 6.3%

NASDAQ:KC opened at $15.41 on Wednesday. The firm has a market capitalization of $4.66 billion, a PE ratio of -31.45 and a beta of 2.11. The stock has a 50 day moving average of $14.37 and a 200-day moving average of $12.97. Kingsoft Cloud has a 52 week low of $10.29 and a 52 week high of $18.38. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.32.

Hedge Funds Weigh In On Kingsoft Cloud

Hedge funds and other institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd acquired a new position in shares of Kingsoft Cloud during the fourth quarter worth approximately $63,000. Farther Finance Advisors LLC boosted its position in shares of Kingsoft Cloud by 13.2% during the third quarter. Farther Finance Advisors LLC now owns 9,053 shares of the company’s stock worth $135,000 after buying an additional 1,053 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position 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 worth $95,000 after buying an additional 1,170 shares during the period. Equitable Holdings Inc. acquired a new position in shares of Kingsoft Cloud during the third quarter worth approximately $150,000. Finally, Burns Matteson Capital Management LLC boosted its position in shares of Kingsoft Cloud by 23.1% during the third quarter. Burns Matteson Capital Management LLC now owns 11,741 shares of the company’s stock worth $175,000 after buying an additional 2,207 shares during the period. 13.40% of the stock is currently owned by institutional investors and hedge funds.

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.