Shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC – Get Free Report) have been assigned an average rating of “Moderate Buy” from the seven ratings firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $18.4750.
Several analysts recently commented on KC shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Thursday, January 22nd. Zacks Research lowered Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. The Goldman Sachs Group raised shares of Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 price objective on the stock in a research note on Tuesday, February 10th. Finally, Jefferies Financial Group boosted their target price on shares of Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th.
Read Our Latest Stock Analysis on Kingsoft Cloud
Kingsoft Cloud Stock Performance
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Vident Advisory LLC grew its position in shares of Kingsoft Cloud by 1.8% during the 4th quarter. Vident Advisory LLC now owns 51,953 shares of the company’s stock valued at $537,000 after acquiring an additional 898 shares during the period. Farther Finance Advisors LLC raised its holdings in Kingsoft Cloud by 13.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 9,053 shares of the company’s stock worth $135,000 after purchasing an additional 1,053 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in 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 purchasing an additional 1,170 shares in the last quarter. Personal CFO Solutions LLC boosted its position in Kingsoft Cloud by 11.1% during the third quarter. Personal CFO Solutions LLC now owns 12,174 shares of the company’s stock worth $182,000 after purchasing an additional 1,212 shares in the last quarter. Finally, Diversify Wealth Management LLC grew its holdings in Kingsoft Cloud by 2.0% in the third quarter. Diversify Wealth Management LLC now owns 67,617 shares of the company’s stock valued at $1,009,000 after purchasing an additional 1,343 shares during the period. 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.
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