Kingsoft Cloud (NASDAQ:KC) Shares Gap Up – Time to Buy?

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) shares gapped up prior to trading on Monday . The stock had previously closed at $9.47, but opened at $10.01. Kingsoft Cloud shares last traded at $9.91, with a volume of 162,822 shares trading hands.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Friday, July 17th. Jefferies Financial Group restated a “buy” rating and issued a $17.00 price target on shares of Kingsoft Cloud in a research note on Thursday, July 16th. Finally, Morgan Stanley initiated coverage on Kingsoft Cloud in a report on Tuesday, July 7th. They set an “overweight” rating and a $15.00 price target for the company. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $17.15.

Kingsoft Cloud Stock Up 1.8%

The company has a market cap of $3.05 billion, a price-to-earnings ratio of -21.51 and a beta of 1.99. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a 50-day moving average price of $10.79 and a 200 day moving average price of $12.97.

Kingsoft Cloud (NASDAQ:KC) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.17) earnings per share for the quarter. The firm had revenue of $392.15 million for the quarter. Kingsoft Cloud had a negative return on equity of 11.67% and a negative net margin of 9.38%. Sell-side analysts predict that Kingsoft Cloud Holdings Limited Sponsored ADR will post -0.45 EPS for the current year.

Insiders Place Their Bets

In other Kingsoft Cloud news, CEO Tao Zou sold 300,000 shares of the stock in a transaction on Friday, July 17th. The stock was sold at an average price of $0.64, for a total transaction of $192,000.00. Following the transaction, the chief executive officer owned 1,700,000 shares in the company, valued at $1,088,000. This trade represents a 15.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 14.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Kingsoft Cloud

Institutional investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd bought a new position in Kingsoft Cloud during the fourth quarter worth about $63,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Kingsoft Cloud by 14.7% in 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 in the last quarter. Equitable Holdings Inc. bought a new stake in Kingsoft Cloud in the 3rd quarter valued at about $150,000. CWM LLC acquired a new position in shares of Kingsoft Cloud during the 4th quarter worth approximately $132,000. Finally, Nomura Holdings Inc. acquired a new position in shares of Kingsoft Cloud during the 2nd quarter worth approximately $175,000. Institutional investors own 13.40% of the company’s stock.

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.