Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $18.5333.

KC has been the topic of several analyst reports. The Goldman Sachs Group raised shares of Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 target price on the stock in a report on Tuesday, February 10th. Jefferies Financial Group raised their target price on shares of Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a report on Wednesday, March 25th. Zacks Research cut shares of Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Tuesday, April 21st.

Institutional Trading of Kingsoft Cloud

Several hedge funds have recently added to or reduced their stakes in KC. Goldman Sachs Group Inc. raised its holdings in Kingsoft Cloud by 9.6% in the first quarter. Goldman Sachs Group Inc. now owns 133,634 shares of the company’s stock valued at $1,919,000 after acquiring an additional 11,720 shares in the last quarter. Hsbc Holdings PLC raised its holdings in Kingsoft Cloud by 229.6% during the second quarter. Hsbc Holdings PLC now owns 40,706 shares of the company’s stock worth $506,000 after purchasing an additional 28,355 shares in the last quarter. Squarepoint Ops LLC raised its holdings in Kingsoft Cloud by 76.9% during the second quarter. Squarepoint Ops LLC now owns 90,623 shares of the company’s stock worth $1,135,000 after purchasing an additional 39,393 shares in the last quarter. Diversify Advisory Services LLC raised its holdings in Kingsoft Cloud by 36.0% during the second quarter. Diversify Advisory Services LLC now owns 20,812 shares of the company’s stock worth $278,000 after purchasing an additional 5,514 shares in the last quarter. Finally, Diversify Wealth Management LLC raised its holdings in Kingsoft Cloud by 28.5% during the second quarter. Diversify Wealth Management LLC now owns 66,274 shares of the company’s stock worth $887,000 after purchasing an additional 14,683 shares in the last quarter. Institutional investors and hedge funds own 13.40% of the company’s stock.

Kingsoft Cloud Stock Down 2.4%

Shares of NASDAQ:KC opened at $13.63 on Friday. The firm’s 50 day moving average price is $15.13 and its 200 day moving average price is $13.25. The stock has a market cap of $4.12 billion, a price-to-earnings ratio of -27.82 and a beta of 2.04. Kingsoft Cloud has a fifty-two week low of $10.29 and a fifty-two week high of $18.52. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.32.

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.