Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Receives $18.53 Consensus Target Price from Analysts

Shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) have been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $18.5333.

Several equities research analysts have issued reports on KC shares. 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. Weiss Ratings restated a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Tuesday, April 21st. Finally, Zacks Research downgraded Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th.

Institutional Investors Weigh In On Kingsoft Cloud

A number of institutional investors have recently made changes to their positions in the company. Artisan Partners Limited Partnership increased its holdings in shares of Kingsoft Cloud by 16.4% in the 4th quarter. Artisan Partners Limited Partnership now owns 4,016,945 shares of the company’s stock valued at $41,535,000 after acquiring an additional 564,907 shares during the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of Kingsoft Cloud in the 1st quarter valued at approximately $9,456,000. Defiance ETFs LLC bought a new stake in shares of Kingsoft Cloud in the 4th quarter valued at approximately $6,463,000. Maxi Investments CY Ltd bought a new stake in shares of Kingsoft Cloud in the 4th quarter valued at approximately $5,980,000. Finally, LMR Partners LLP increased its holdings in shares of Kingsoft Cloud by 1,114.5% in the 2nd quarter. LMR Partners LLP now owns 518,200 shares of the company’s stock valued at $6,488,000 after acquiring an additional 475,533 shares during the last quarter. 13.40% of the stock is currently owned by institutional investors.

Kingsoft Cloud Stock Performance

Kingsoft Cloud stock opened at $10.41 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 stock’s 50 day moving average price is $14.52 and its 200 day moving average price is $13.27. The firm has a market capitalization of $3.15 billion, a PE ratio of -22.15 and a beta of 1.94.

Kingsoft Cloud (NASDAQ:KC) last posted 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 return on equity of 11.67% and a negative net margin of 9.38%.The business had revenue of $392.15 million for the quarter. As a group, sell-side analysts expect that Kingsoft Cloud will post -0.46 EPS 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.