Kingsoft Cloud (NASDAQ:KC) Shares Gap Up – Should You Buy?

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC)’s share price gapped up prior to trading on Friday . The stock had previously closed at $12.60, but opened at $13.50. Kingsoft Cloud shares last traded at $13.5110, with a volume of 819,059 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts recently commented on KC shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Thursday, January 22nd. Zacks Research raised Kingsoft Cloud from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Finally, The Goldman Sachs Group upgraded Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 target price on the stock in a research report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $18.30.

Kingsoft Cloud Stock Performance

The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.39. The stock has a market cap of $4.09 billion, a price-to-earnings ratio of -26.08 and a beta of 2.07. The stock’s 50 day moving average is $12.42 and its two-hundred day moving average is $13.11.

Institutional Trading of Kingsoft Cloud

A number of hedge funds have recently added to or reduced their stakes in the stock. Vise Technologies Inc. acquired a new stake in shares of Kingsoft Cloud in the 2nd quarter valued at approximately $264,000. ABC Arbitrage SA raised its position in Kingsoft Cloud by 49.0% in the second quarter. ABC Arbitrage SA now owns 134,331 shares of the company’s stock worth $1,682,000 after acquiring an additional 44,206 shares in the last quarter. Penserra Capital Management LLC acquired a new stake in Kingsoft Cloud in the second quarter valued at $5,955,000. Envestnet Asset Management Inc. boosted its position in shares of Kingsoft Cloud by 13.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 86,481 shares of the company’s stock worth $1,083,000 after purchasing an additional 10,292 shares in the last quarter. Finally, Infini Capital Management Ltd acquired a new position in shares of Kingsoft Cloud during the 2nd quarter worth $2,259,000. 13.40% of the stock is owned by institutional investors and hedge funds.

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.