NASDAQ:KC

Kingsoft Cloud (KC) Stock Price, News & Analysis

$3.04
+0.17 (+5.92%)
(As of 08:54 AM ET)
Today's Range
$3.04
$3.04
50-Day Range
$2.49
$3.74
52-Week Range
$2.34
$7.42
Volume
35,652 shs
Average Volume
1.26 million shs
Market Capitalization
$771.22 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
58.5% Upside
$4.55 Price Target
Short Interest
Bearish
3.03% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
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.

1.85 out of 5 stars

Computer And Technology Sector

410th out of 591 stocks

Prepackaged Software Industry

151st 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

Kingsoft Cloud (NASDAQ:KC) Shares Gap Up to $2.59
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Nomura Sticks to Their Hold Rating for Kingsoft Cloud Holdings (KC)
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
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)
See More Headlines
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Company Calendar

Last Earnings
3/20/2024
Today
4/26/2024
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
+58.5%
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
$992.61 million
Book Value
$4.02 per share

Miscellaneous

Free Float
217,663,000
Market Cap
$728.09 million
Optionable
Optionable
Beta
2.13
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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 brokers have issued 12-month price objectives for Kingsoft Cloud's shares. Their KC share price targets range from $3.80 to $5.00. On average, they anticipate the company's share price to reach $4.55 in the next year. This suggests a possible upside of 58.5% 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 the year. Since then, KC shares have decreased by 24.1% and is now trading at $2.87.
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) issued its quarterly earnings results on Wednesday, March, 20th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.15) by $0.02. The business had revenue of $242.60 million for the quarter, compared to analyst estimates 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) 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 initial public offering (IPO) on Friday, May 8th 2020. The company issued 25,000,000 shares at a price of $16.00-$18.00 per share. J.P. Morgan, UBS Investment Bank, Credit Suisse and CICC acted 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 4/26/2024 by MarketBeat.com Staff

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