Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Receives $18.30 Average Target Price from Brokerages

Shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) have received an average rating of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $18.30.

KC has been the topic of several analyst reports. Zacks Research raised Kingsoft Cloud from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. The Goldman Sachs Group raised Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 price objective for the company in a research note on Tuesday, February 10th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Thursday, January 22nd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. First Horizon Advisors Inc. purchased a new stake in shares of Kingsoft Cloud in the second quarter valued at $27,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Kingsoft Cloud in the 4th quarter worth about $63,000. Farther Finance Advisors LLC boosted its stake in shares of Kingsoft Cloud by 13.2% during 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 stake in shares of Kingsoft Cloud by 14.7% during the 4th 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 during the period. Finally, Equitable Holdings Inc. bought a new position in Kingsoft Cloud during the 3rd quarter valued at about $150,000. 13.40% of the stock is owned by hedge funds and other institutional investors.

Kingsoft Cloud Stock Performance

Kingsoft Cloud stock opened at $11.99 on Tuesday. The company’s 50-day moving average price is $12.59 and its 200-day moving average price is $13.05. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The company has a market cap of $3.62 billion, a PE ratio of -23.06 and a beta of 2.04. Kingsoft Cloud has a twelve month low of $10.29 and a twelve month high of $19.57.

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.