Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Receives $17.15 Average PT from Brokerages

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) has earned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $17.15.

A number of research analysts have recently weighed in on KC shares. 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 on the stock. Jefferies Financial Group restated a “buy” rating and set a $17.00 price objective on shares of Kingsoft Cloud in a research report on Thursday, July 16th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Friday, July 17th.

Insiders Place Their Bets

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

Hedge Funds Weigh In On Kingsoft Cloud

Institutional investors and hedge funds have recently modified their holdings of the stock. Artisan Partners Limited Partnership raised its holdings in shares of Kingsoft Cloud by 16.4% during the fourth quarter. Artisan Partners Limited Partnership now owns 4,016,945 shares of the company’s stock worth $41,535,000 after acquiring an additional 564,907 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in Kingsoft Cloud in the 1st quarter worth about $9,456,000. Defiance ETFs LLC purchased a new stake in shares of Kingsoft Cloud during the 4th quarter worth about $6,463,000. Maxi Investments CY Ltd acquired a new stake in shares of Kingsoft Cloud during the 4th quarter valued at about $5,980,000. Finally, LMR Partners LLP lifted its holdings 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 buying an additional 475,533 shares during the last quarter. 13.40% of the stock is currently owned by hedge funds and other institutional investors.

Kingsoft Cloud Stock Down 2.9%

KC stock opened at $12.15 on Friday. 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 market capitalization of $3.67 billion, a P/E ratio of -25.85 and a beta of 1.99. Kingsoft Cloud has a 52-week low of $8.35 and a 52-week high of $18.52. The company’s 50 day simple moving average is $10.52 and its 200-day simple moving average is $12.94.

Kingsoft Cloud (NASDAQ:KC) last posted its quarterly earnings data 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 firm had revenue of $392.15 million for the quarter. As a group, equities research analysts anticipate that Kingsoft Cloud will post -0.39 EPS 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.