Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $18.5333.

A number of brokerages have weighed in on KC. Jefferies Financial Group boosted their target price on Kingsoft Cloud from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Zacks Research lowered shares of Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Tuesday, April 21st.

Institutional Investors Weigh In On Kingsoft Cloud

Several hedge funds and other institutional investors have recently made changes to their positions in KC. Artisan Partners Limited Partnership purchased a new stake in shares of Kingsoft Cloud during the 3rd quarter valued at about $51,504,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Kingsoft Cloud during the 1st quarter valued at about $9,456,000. Defiance ETFs LLC purchased a new stake in shares of Kingsoft Cloud during the 4th quarter valued at about $6,463,000. Maxi Investments CY Ltd purchased a new stake in shares of Kingsoft Cloud during the 4th quarter valued at about $5,980,000. Finally, LMR Partners LLP increased its position in shares of Kingsoft Cloud by 1,114.5% during 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 last quarter. Hedge funds and other institutional investors own 13.40% of the company’s stock.

Kingsoft Cloud Price Performance

Shares of NASDAQ:KC opened at $11.07 on Thursday. Kingsoft Cloud has a fifty-two week low of $10.29 and a fifty-two week high of $18.52. The business has a 50-day simple moving average of $14.80 and a two-hundred day simple moving average of $13.33. 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 $3.34 billion, a price-to-earnings ratio of -23.55 and a beta of 1.94.

Kingsoft Cloud (NASDAQ:KC) last issued its earnings results on Friday, May 15th. The company reported ($0.17) earnings per share for the quarter. Kingsoft Cloud had a negative return on equity of 11.67% and a negative net margin of 9.38%.The business had revenue of $392.15 million during the quarter. On average, analysts expect that Kingsoft Cloud will post -0.46 earnings per share for the current year.

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.