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

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KCGet Free Report) has earned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $18.4750.

Several research analysts recently issued reports on KC shares. Zacks Research lowered shares of Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Jefferies Financial Group lifted their price target on shares of Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. The Goldman Sachs Group raised shares of Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 price objective on the stock in a research report on Tuesday, February 10th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Thursday, January 22nd.

Get Our Latest Stock Report on Kingsoft Cloud

Institutional Investors Weigh In On Kingsoft Cloud

A number of hedge funds have recently added to or reduced their stakes in KC. Vident Advisory LLC raised its position in shares of Kingsoft Cloud by 1.8% during the fourth quarter. Vident Advisory LLC now owns 51,953 shares of the company’s stock worth $537,000 after purchasing an additional 898 shares during the period. Farther Finance Advisors LLC grew its position in Kingsoft Cloud by 13.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 9,053 shares of the company’s stock valued at $135,000 after purchasing an additional 1,053 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in 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 valued at $95,000 after purchasing an additional 1,170 shares in the last quarter. Personal CFO Solutions LLC increased its stake in Kingsoft Cloud by 11.1% during the 3rd quarter. Personal CFO Solutions LLC now owns 12,174 shares of the company’s stock valued at $182,000 after purchasing an additional 1,212 shares in the last quarter. Finally, Diversify Wealth Management LLC raised its holdings in Kingsoft Cloud by 2.0% during the third quarter. Diversify Wealth Management LLC now owns 67,617 shares of the company’s stock worth $1,009,000 after buying an additional 1,343 shares during the last quarter. Institutional investors and hedge funds own 13.40% of the company’s stock.

Kingsoft Cloud Price Performance

Kingsoft Cloud stock opened at $13.90 on Friday. The stock has a market capitalization of $4.20 billion, a price-to-earnings ratio of -28.37 and a beta of 2.11. Kingsoft Cloud has a 52-week low of $10.29 and a 52-week high of $17.79. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.93 and a current ratio of 1.17. The stock’s 50 day moving average price is $13.47 and its two-hundred day moving average price is $12.95.

About Kingsoft Cloud

(Get Free Report)

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.

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Analyst Recommendations for Kingsoft Cloud (NASDAQ:KC)

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