Brokerages Set Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Price Target at $18.30

Shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) have been given an average recommendation of “Moderate Buy” by the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $18.30.

Several equities analysts have recently issued reports on KC shares. Weiss Ratings restated a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Thursday, January 22nd. Zacks Research raised shares of Kingsoft Cloud from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Finally, The Goldman Sachs Group upgraded shares of Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 price target on the stock in a research note on Tuesday, February 10th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Artisan Partners Limited Partnership acquired a new stake in shares of Kingsoft Cloud in the third quarter worth $51,504,000. JPMorgan Chase & Co. boosted its holdings in Kingsoft Cloud by 2,541.3% in the second quarter. JPMorgan Chase & Co. now owns 1,129,120 shares of the company’s stock valued at $14,137,000 after purchasing an additional 1,086,372 shares during the last quarter. Defiance ETFs LLC acquired a new stake in Kingsoft Cloud during the 4th quarter worth about $6,463,000. Maxi Investments CY Ltd acquired a new stake in Kingsoft Cloud during the 4th quarter worth about $5,980,000. Finally, Penserra Capital Management LLC purchased a new position in shares of Kingsoft Cloud during the 2nd quarter valued at about $5,955,000. 13.40% of the stock is currently owned by hedge funds and other institutional investors.

Kingsoft Cloud Trading Down 3.1%

Shares of NASDAQ:KC opened at $11.75 on Tuesday. The business’s 50-day moving average is $12.57 and its 200 day moving average is $13.07. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.93. Kingsoft Cloud has a 1 year low of $10.29 and a 1 year high of $19.57. The firm has a market capitalization of $3.55 billion, a P/E ratio of -22.60 and a beta of 2.04.

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.