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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:KC

Kingsoft Cloud (KC) Stock Price, News & Analysis

$3.04
+0.11 (+3.75%)
(As of 03/28/2024 ET)
Today's Range
$2.98
$3.16
50-Day Range
$2.48
$3.74
52-Week Range
$2.34
$10.13
Volume
1.69 million shs
Average Volume
1.44 million shs
Market Capitalization
$771.21 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.55

Kingsoft Cloud MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
49.7% Upside
$4.55 Price Target
Short Interest
Bearish
2.84% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.23mentions of Kingsoft Cloud in the last 14 days
Based on 14 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.

2.12 out of 5 stars

Computer And Technology Sector

412th out of 589 stocks

Prepackaged Software Industry

144th out of 197 stocks

KC stock logo

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

KC Stock News Headlines

Altcoin FRENZY Alert…
Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days…
Kingsoft Cloud (NASDAQ:KC) Shares Gap Down to $3.63
Kingsoft Cloud (NASDAQ:KC) Stock Rating Upgraded by CLSA
Kingsoft Cloud (NASDAQ:KC) Lifted to "Buy" at Citigroup
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Kingsoft Cloud (NASDAQ:KC) Upgraded to "Outperform" at CLSA
Demystifying Kingsoft Cloud Hldgs: Insights From 4 Analyst Reviews
Q4 2023 Kingsoft Cloud Holdings Ltd Earnings Call
Kingsoft Cloud Q4 2023 Earnings Preview
KC Mar 2024 7.500 put
Kingsoft Cloud just upgraded at JPMorgan, here's why
Kingsoft Cloud Holdings Ltd (KC)
Kingsoft Cloud: Still In Transition
See More Headlines
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Company Calendar

Last Earnings
5/17/2021
Today
3/28/2024
Next Earnings (Estimated)
5/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
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
+49.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-306,530,000.00
Pretax Margin
-30.73%

Debt

Sales & Book Value

Annual Sales
$7.46 billion
Book Value
$4.02 per share

Miscellaneous

Free Float
217,663,000
Market Cap
$771.21 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

KC Stock Analysis - Frequently Asked Questions

Should I buy or sell Kingsoft Cloud stock right now?

6 Wall Street 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 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 analysts have issued twelve-month price objectives for Kingsoft Cloud's stock. Their KC share price targets range from $3.80 to $5.00. On average, they expect the company's stock price to reach $4.55 in the next year. This suggests a possible upside of 49.7% 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 at the beginning of 2024. Since then, KC shares have decreased by 19.6% and is now trading at $3.04.
View the best growth stocks for 2024 here
.

Are investors shorting Kingsoft Cloud?

Kingsoft Cloud saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 7,200,000 shares, an increase of 10.1% from the February 29th total of 6,540,000 shares. Based on an average daily volume of 1,440,000 shares, the short-interest ratio is presently 5.0 days.
View Kingsoft Cloud's Short Interest
.

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) released its quarterly earnings data on Monday, May, 17th. The company reported ($0.98) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.20) by $0.78. The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.90 billion. Kingsoft Cloud had a negative trailing twelve-month return on equity of 27.14% and a negative net margin of 30.81%. Kingsoft Cloud's quarterly revenue was up 30.4% on a year-over-year basis.

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 initial public offering 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.

Who are Kingsoft Cloud's major shareholders?

Kingsoft Cloud's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Alpha Square Group S LLC (0.99%), Artisan Partners Limited Partnership (0.25%), Voloridge Investment Management LLC (0.18%), Mirae Asset Global Investments Co. Ltd. (0.13%), Cubist Systematic Strategies LLC (0.08%) and UBS Group AG (0.08%).

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 3/29/2024 by MarketBeat.com Staff

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