Kingsoft Cloud (NASDAQ:KC) Issues Quarterly Earnings Results

Kingsoft Cloud (NASDAQ:KC) issued its earnings results on Wednesday. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.04, Briefing.com reports. The firm had revenue of $394.69 million for the quarter, compared to analysts’ expectations of $396.81 million. Kingsoft Cloud had a negative return on equity of 13.87% and a negative net margin of 10.75%.The company’s revenue was up 23.7% compared to the same quarter last year. During the same quarter last year, the business earned ($0.05) earnings per share.

Here are the key takeaways from Kingsoft Cloud’s conference call:

• Recorded a quarterly revenue record of RMB 2.761 billion (+24% YoY), with public cloud revenue at RMB 1.902 billion (+35% YoY).
• AI / intelligent computing billings surged 95% YoY to RMB 926 million, now representing 49% of public cloud revenue and materially driving growth.
• Profitability improved — adjusted operating profit of RMB 55 million (2% margin) and non‑GAAP EBITDA of RMB 785 million (28% margin), marking operating‑level profitability for two consecutive quarters.
• High ecosystem concentration — Xiaomi/Kingsoft ecosystem revenue reached RMB 804 million (+63% YoY) and related‑party transactions hit 94% of the annual cap, creating potential related‑party/cap limits risk.
• 2026 capex plan targets > RMB 10 billion, with roughly half expected to be covered by customer prepayments and the remainder via leasing, financing and committed credit facilities.

Kingsoft Cloud Stock Up 3.2%

Shares of KC stock traded up $0.45 during trading on Wednesday, reaching $14.32. The company’s stock had a trading volume of 702,692 shares, compared to its average volume of 1,550,057. Kingsoft Cloud has a one year low of $10.29 and a one year high of $17.79. The business has a fifty day moving average price of $13.24 and a 200-day moving average price of $13.01. The company has a market cap of $4.32 billion, a price-to-earnings ratio of -27.47 and a beta of 2.04. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.39.

Institutional Investors Weigh In On Kingsoft Cloud

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Artisan Partners Limited Partnership lifted its position in Kingsoft Cloud by 16.4% during the 4th quarter. Artisan Partners Limited Partnership now owns 4,016,945 shares of the company’s stock worth $41,535,000 after buying an additional 564,907 shares in the last quarter. Defiance ETFs LLC acquired a new stake in shares of Kingsoft Cloud in the fourth quarter valued at about $6,463,000. LMR Partners LLP increased its position in shares of Kingsoft Cloud by 1,114.5% in the second 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. Central Asset Investments & Management Holdings HK Ltd bought a new stake in Kingsoft Cloud during the third quarter worth about $6,896,000. Finally, Bank of America Corp DE raised its holdings in Kingsoft Cloud by 51.5% during the second quarter. Bank of America Corp DE now owns 271,263 shares of the company’s stock worth $3,396,000 after acquiring an additional 92,185 shares in the last quarter. 13.40% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. The Goldman Sachs Group upgraded shares of Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 price target on the stock in a research report on Tuesday, February 10th. Zacks Research cut shares of Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Kingsoft Cloud has a consensus rating of “Moderate Buy” and a consensus target price of $18.30.

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.