Should I buy or sell Kingsoft Cloud stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kingsoft Cloud in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KC shares. View KC analyst ratings or view top-rated stocks .

What is Kingsoft Cloud's stock price target for 2024?

6 Wall Street research analysts have issued twelve-month price targets for Kingsoft Cloud's shares. Their KC share price targets range from $3.80 to $5.00. On average, they expect the company's share price to reach $4.55 in the next twelve months. This suggests a possible upside of 74.3% from the stock's current price. View analysts price targets for KC or view top-rated stocks among Wall Street analysts .

How have KC shares performed in 2024?

Kingsoft Cloud's stock was trading at $3.78 on January 1st, 2024. Since then, KC shares have decreased by 31.0% and is now trading at $2.61. View the best growth stocks for 2024 here .

When is Kingsoft Cloud's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 28th 2024. View our KC earnings forecast .

How were Kingsoft Cloud's earnings last quarter?

Kingsoft Cloud Holdings Limited (NASDAQ:KC) posted its quarterly earnings results on Wednesday, March, 20th. The company reported ($0.17) earnings per share for the quarter, missing analysts' consensus estimates of ($0.15) by $0.02. The firm had revenue of $242.60 million for the quarter, compared to the consensus estimate of $240.44 million. Kingsoft Cloud had a negative net margin of 30.81% and a negative trailing twelve-month return on equity of 27.14%.

What ETFs hold Kingsoft Cloud's stock?

ETFs with the largest weight of Kingsoft Cloud (NASDAQ:KC) stock in their portfolio include Amplify Global Cloud Technology ETF (IVES) , iShares MSCI China Small-Cap ETF (ECNS) , Invesco China Technology ETF (CQQQ) and Global X Cloud Computing ETF (CLOU) . Invesco Golden Dragon China ETF (PGJ) .

What other stocks do shareholders of Kingsoft Cloud own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kingsoft Cloud investors own include Abeona Therapeutics (ABEO) , Alcoa (AA) , CRISPR Therapeutics (CRSP) , Inseego (INSG) , Intra-Cellular Therapies (ITCI) , Spectrum Pharmaceuticals (SPPI) , Sorrento Therapeutics (SRNE) , Yandex (YNDX) , ZTE (ZTCOY) and Aurinia Pharmaceuticals (AUPH) .

When did Kingsoft Cloud IPO?

Kingsoft Cloud (KC) raised $425 million in an IPO on Friday, May 8th 2020. The company issued 25,000,000 shares at $16.00-$18.00 per share. J.P. Morgan, UBS Investment Bank, Credit Suisse and CICC served as the underwriters for the IPO.

How do I buy shares of Kingsoft Cloud?

Shares of KC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:KC

Kingsoft Cloud (KC) Stock Price, News & Analysis

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$2.61

+0.02 (+0.77%)

(As of 04/17/2024 ET)

Compare

Today's Range: $2.61
▼
$2.76
50-Day Range: $2.49
▼
$3.74
52-Week Range: $2.34
▼
$8.03

Volume: 812,775 shs
Average Volume: 1.30 million shs
Market Capitalization: $662.13 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.55

Get Kingsoft Cloud alerts:

Kingsoft Cloud MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 74.3% Upside
$4.55 Price Target
Short Interest: Bearish
2.96% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.45
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.45) to ($0.29) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.08 out of 5 stars

Computer And Technology Sector

411th out of 586 stocks

Prepackaged Software Industry

144th out of 194 stocks

3.3

Analyst's Opinion

Consensus Rating
Kingsoft Cloud has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Kingsoft Cloud has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.96% of the outstanding shares of Kingsoft Cloud have been sold short.
Short Interest Ratio / Days to Cover
Kingsoft Cloud has a short interest ratio ("days to cover") of 5.4.
Change versus previous month
Short interest in Kingsoft Cloud has recently increased by 4.17%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Kingsoft Cloud does not currently pay a dividend.
Dividend Growth
Kingsoft Cloud does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for KC.

3.0

News and Social Media Coverage

News Sentiment
Kingsoft Cloud has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Kingsoft Cloud this week, compared to 1 article on an average week.
Search Interest
6 people have searched for KC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
4 people have added Kingsoft Cloud to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kingsoft Cloud insiders have not sold or bought any company stock.
Percentage Held by Insiders
14.20% of the stock of Kingsoft Cloud is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 13.40% of the stock of Kingsoft Cloud is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Kingsoft Cloud are expected to grow in the coming year, from ($0.45) to ($0.29) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kingsoft Cloud is -2.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kingsoft Cloud is -2.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Kingsoft Cloud has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Kingsoft Cloud Stock (NASDAQ:KC)

Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations in China. The company's products portfolio includes cloud products, including infrastructure as a service (IaaS) infrastructure, platform as a service (PaaS) middleware, and software as a service (SaaS) applications that primarily consist of cloud computing, storage, and delivery solutions. It offers research and development services, as well as enterprise digital solutions and related services. The company also provides public cloud services to customers in various verticals, including video, game, entertainment, e-commerce, education, traveling, advertising, intelligent mobility, office automation, artificial intelligent, and mobile internet; and enterprise cloud services to customers in financial service, public service, and healthcare businesses. Kingsoft Cloud Holdings Limited was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China.

KC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KC Stock News Headlines

April 17, 2024 | msn.com

Kingsoft Cloud Holdings Limited - Depositary Receipt () (KC) Price Target Decreased by 9.44% to 4.47

April 16, 2024 | markets.businessinsider.com

Nomura Sticks to Their Hold Rating for Kingsoft Cloud Holdings (KC)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 14, 2024 | americanbankingnews.com

Kingsoft Cloud (NASDAQ:KC) Shares Gap Down to $2.93

April 13, 2024 | americanbankingnews.com

Kingsoft Cloud (NASDAQ:KC) Shares Gap Up to $2.92

April 7, 2024 | forbes.com

Cloud Cover And The Total Solar Eclipse - ‘The 2-Day Warning’

April 7, 2024 | msn.com

Looking to catch glimpse of solar eclipse? Here’s what forecast says about KC, elsewhere

April 4, 2024 | yahoo.com

State of St. Cloud: takeaways from annual address

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 23, 2024 | seekingalpha.com

Kingsoft Cloud: A Hold Is Maintained In Spite Of Results Beat

March 22, 2024 | finance.yahoo.com

Kingsoft Cloud Holdings Full Year 2023 Earnings: EPS Misses Expectations

March 21, 2024 | markets.businessinsider.com

Demystifying Kingsoft Cloud Hldgs: Insights From 4 Analyst Reviews

March 21, 2024 | finance.yahoo.com

Kingsoft Cloud Holdings Limited (NASDAQ:KC) Q4 2023 Earnings Call Transcript

March 21, 2024 | finance.yahoo.com

Q4 2023 Kingsoft Cloud Holdings Ltd Earnings Call

March 20, 2024 | finanznachrichten.de

Kingsoft Cloud Holdings Limited: Kingsoft Cloud Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results

March 20, 2024 | finance.yahoo.com

Kingsoft Cloud's Strong Performance Drives Stock Surge After Q4 Earnings Report

March 20, 2024 | globenewswire.com

Kingsoft Cloud Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results

March 19, 2024 | msn.com

Kingsoft Cloud Q4 2023 Earnings Preview

March 19, 2024 | benzinga.com

A Preview Of Kingsoft Cloud Holdings's Earnings

March 14, 2024 | finance.yahoo.com

KC Mar 2024 7.500 put

March 13, 2024 | seekingalpha.com

RYDE, NN among major tech gainers; ELTK, OSPN among losers

March 11, 2024 | msn.com

Biggest stock movers today: EQT, MESO, Crypto-linked stocks, and more

March 11, 2024 | realmoney.thestreet.com

Kingsoft Cloud just upgraded at JPMorgan, here's why

March 8, 2024 | globenewswire.com

Kingsoft Cloud to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 20, 2024

February 13, 2024 | investing.com

Kingsoft Cloud Holdings Ltd (KC)

February 8, 2024 | finanznachrichten.de

Kingsoft Cloud Holdings Limited: Kingsoft Cloud Announces Results of Extraordinary General Meeting

January 11, 2024 | finance.yahoo.com

Kingsoft Cloud to Hold Extraordinary General Meeting on February 8, 2024

See More Headlines

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Company Calendar

Last Earnings: 3/20/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/28/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:KC
CUSIP: N/A
CIK: 1795589
Web: www.ksyun.com
Phone: 86-10-6292-7777
Fax: N/A
Employees: 9,517
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.55
High Stock Price Target: $5.00
Low Stock Price Target: $3.80
Potential Upside/Downside: +74.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.29)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-306,530,000.00
Net Margins: -30.81%
Pretax Margin: -30.73%
Return on Equity: -27.14%
Return on Assets: -14.03%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 0.89
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $7.46 billion
Price / Sales: 0.09
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.02 per share
Price / Book: 0.65

Miscellaneous

Outstanding Shares: 253,686,000
Free Float: 217,663,000
Market Cap: $662.12 million
Optionable: Optionable
Beta: 2.13

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Key Executives

Mr. Tao Zou (Age 49)
Vice Chairman of the Board & Acting CEO
Mr. Shouhu Wang (Age 54)
President
Mr. Haijian He (Age 41)
CFO & Director
Nicole Shan
Investor Relations Officer
Mr. Tao Liu (Age 42)
Senior Vice President
Ms. Ka Man So A.C.I.S. (Age 50)
A.C.S., FCIS, FCS, Company Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

KC Stock Analysis - Frequently Asked Questions

Should I buy or sell Kingsoft Cloud stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kingsoft Cloud in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KC shares.
View KC analyst ratings or view top-rated stocks.
What is Kingsoft Cloud's stock price target for 2024?: 6 Wall Street research analysts have issued twelve-month price targets for Kingsoft Cloud's shares. Their KC share price targets range from $3.80 to $5.00. On average, they expect the company's share price to reach $4.55 in the next twelve months. This suggests a possible upside of 74.3% from the stock's current price.
View analysts price targets for KC or view top-rated stocks among Wall Street analysts.
How have KC shares performed in 2024?: Kingsoft Cloud's stock was trading at $3.78 on January 1st, 2024. Since then, KC shares have decreased by 31.0% and is now trading at $2.61.
View the best growth stocks for 2024 here.
When is Kingsoft Cloud's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 28th 2024.
View our KC earnings forecast.
How were Kingsoft Cloud's earnings last quarter?: Kingsoft Cloud Holdings Limited (NASDAQ:KC) posted its quarterly earnings results on Wednesday, March, 20th. The company reported ($0.17) earnings per share for the quarter, missing analysts' consensus estimates of ($0.15) by $0.02. The firm had revenue of $242.60 million for the quarter, compared to the consensus estimate of $240.44 million. Kingsoft Cloud had a negative net margin of 30.81% and a negative trailing twelve-month return on equity of 27.14%.

What ETFs hold Kingsoft Cloud's stock?: ETFs with the largest weight of Kingsoft Cloud (NASDAQ:KC) stock in their portfolio include Amplify Global Cloud Technology ETF (IVES), iShares MSCI China Small-Cap ETF (ECNS), Invesco China Technology ETF (CQQQ) and Global X Cloud Computing ETF (CLOU).Invesco Golden Dragon China ETF (PGJ).
What other stocks do shareholders of Kingsoft Cloud own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Kingsoft Cloud investors own include Abeona Therapeutics (ABEO), Alcoa (AA), CRISPR Therapeutics (CRSP), Inseego (INSG), Intra-Cellular Therapies (ITCI), Spectrum Pharmaceuticals (SPPI), Sorrento Therapeutics (SRNE), Yandex (YNDX), ZTE (ZTCOY) and Aurinia Pharmaceuticals (AUPH).
When did Kingsoft Cloud IPO?: Kingsoft Cloud (KC) raised $425 million in an IPO on Friday, May 8th 2020. The company issued 25,000,000 shares at $16.00-$18.00 per share. J.P. Morgan, UBS Investment Bank, Credit Suisse and CICC served as the underwriters for the IPO.
How do I buy shares of Kingsoft Cloud?: Shares of KC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:KC) was last updated on 4/18/2024 by MarketBeat.com Staff

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Kingsoft Cloud (KC) Stock Price, News & Analysis

Kingsoft Cloud MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Kingsoft Cloud Stock (NASDAQ:KC)

KC Stock Price History

KC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

KC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™