Analysts Set Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) PT at $19.65

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) has earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $18.30.

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Artisan Partners Limited Partnership purchased a new stake in shares of Kingsoft Cloud in the third quarter worth about $51,504,000. JPMorgan Chase & Co. increased its holdings in Kingsoft Cloud by 2,541.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,129,120 shares of the company’s stock worth $14,137,000 after acquiring an additional 1,086,372 shares during the period. Penserra Capital Management LLC lifted its stake in Kingsoft Cloud by 32.8% in the 3rd quarter. Penserra Capital Management LLC now owns 631,442 shares of the company’s stock worth $9,421,000 after purchasing an additional 155,788 shares in the last quarter. Maxi Investments CY Ltd bought a new position in Kingsoft Cloud in the 4th quarter valued at $5,980,000. Finally, LMR Partners LLP boosted its holdings 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 purchasing an additional 475,533 shares during the period. Hedge funds and other institutional investors own 13.40% of the company’s stock.

Kingsoft Cloud Trading Down 2.2%

Shares of KC opened at $13.12 on Friday. Kingsoft Cloud has a fifty-two week low of $10.29 and a fifty-two week high of $22.26. The business has a 50-day moving average of $11.86 and a 200 day moving average of $13.12. The firm has a market cap of $3.96 billion, a P/E ratio of -25.23 and a beta of 2.07. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.93 and a current ratio of 0.93.

About Kingsoft Cloud

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.