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 received a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $17.65.

Several research analysts have weighed in on the company. Morgan Stanley initiated coverage on Kingsoft Cloud in a report on Tuesday. They set an “overweight” rating and a $15.00 target price on the stock. Jefferies Financial Group increased their price target on Kingsoft Cloud from $17.00 to $19.00 and gave the stock a “buy” rating in a report on Wednesday, March 25th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Tuesday, April 21st.

Check Out Our Latest Report on KC

Kingsoft Cloud Trading Up 4.2%

KC opened at $10.91 on Monday. The firm’s fifty day moving average is $12.22 and its two-hundred day moving average is $13.02. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market cap of $3.30 billion, a PE ratio of -23.21 and a beta of 1.99. Kingsoft Cloud has a twelve month low of $8.35 and a twelve month high of $18.52.

Kingsoft Cloud (NASDAQ:KCGet Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.17) earnings per share (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. Equities research analysts anticipate that Kingsoft Cloud will post -0.45 EPS for the current year.

Institutional Trading of Kingsoft Cloud

Several hedge funds have recently bought and sold shares of KC. The Manufacturers Life Insurance Company bought a new position in Kingsoft Cloud in the first quarter valued at approximately $9,456,000. Defiance ETFs LLC bought a new stake in shares of Kingsoft Cloud during the fourth quarter worth $6,463,000. Maxi Investments CY Ltd acquired a new stake in shares of Kingsoft Cloud during the fourth quarter worth $5,980,000. Artisan Partners Limited Partnership raised its holdings in shares of Kingsoft Cloud by 16.4% during the fourth quarter. Artisan Partners Limited Partnership now owns 4,016,945 shares of the company’s stock worth $41,535,000 after acquiring an additional 564,907 shares during the period. Finally, LMR Partners LLP lifted its position in 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 in the last quarter. 13.40% of the stock is currently owned by institutional investors and hedge funds.

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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