Kingsoft Cloud (NASDAQ:KC) Shares Up 6.5% – Still a Buy?

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) rose 6.5% during mid-day trading on Tuesday . The company traded as high as $9.95 and last traded at $9.7210. 491,873 shares traded hands during trading, a decline of 66% from the average session volume of 1,456,249 shares. The stock had previously closed at $9.13.

Analyst Ratings Changes

KC has been the topic of a number of research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Tuesday, April 21st. Jefferies Financial Group increased their price objective on shares of Kingsoft Cloud from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Finally, Morgan Stanley started coverage on shares of Kingsoft Cloud in a report on Tuesday. They set an “overweight” rating and a $15.00 price objective on the stock. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Kingsoft Cloud currently has a consensus rating of “Moderate Buy” and an average target price of $17.65.

Kingsoft Cloud Stock Up 11.4%

The company has a debt-to-equity ratio of 0.37, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of -22.38 and a beta of 1.99. The firm has a 50-day moving average price of $12.40 and a two-hundred day moving average price of $13.04.

Kingsoft Cloud (NASDAQ:KC) last released its earnings results on Friday, May 15th. The company reported ($0.17) EPS for the quarter. Kingsoft Cloud had a negative net margin of 9.38% and a negative return on equity of 11.67%. The firm had revenue of $392.15 million during the quarter. As a group, sell-side analysts anticipate that Kingsoft Cloud Holdings Limited Sponsored ADR will post -0.46 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in KC. Caitong International Asset Management Co. Ltd bought a new position in Kingsoft Cloud in the fourth quarter valued at $63,000. Mirae Asset Global Investments Co. Ltd. lifted its position in Kingsoft Cloud by 14.7% during the 4th 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 in the last quarter. CWM LLC acquired a new position in shares of Kingsoft Cloud during the 4th quarter worth about $132,000. Equitable Holdings Inc. acquired a new position in shares of Kingsoft Cloud during the 3rd quarter worth about $150,000. Finally, Nomura Holdings Inc. bought a new position in shares of Kingsoft Cloud in the 2nd quarter valued at about $175,000. Institutional investors and hedge funds own 13.40% of the company’s stock.

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.