Kingsoft Cloud (KC) to Release Quarterly Earnings on Wednesday

Kingsoft Cloud (NASDAQ:KC) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 28th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $2.20 billion for the quarter.

Kingsoft Cloud (NASDAQ:KC) last announced its quarterly earnings results on Wednesday, March 19th. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.06. The company had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.11 billion. Kingsoft Cloud had a negative return on equity of 19.13% and a negative net margin of 28.41%. The firm’s quarterly revenue was up 29.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.08 earnings per share. On average, analysts expect Kingsoft Cloud to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Kingsoft Cloud Price Performance

Shares of NASDAQ KC opened at $13.96 on Wednesday. The stock has a market cap of $3.84 billion, a PE ratio of -11.63 and a beta of 2.24. Kingsoft Cloud has a fifty-two week low of $2.02 and a fifty-two week high of $22.26. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 0.67. The stock has a fifty day moving average of $13.95 and a 200-day moving average of $12.22.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Nomura Securities upgraded Kingsoft Cloud from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 5th. Nomura upgraded Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $18.30 target price for the company in a report on Monday, May 5th.

Institutional Trading of Kingsoft Cloud

An institutional investor recently raised its position in Kingsoft Cloud stock. Goldman Sachs Group Inc. lifted its position in Kingsoft Cloud Holdings Limited (NASDAQ:KC) by 9.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 133,634 shares of the company’s stock after buying an additional 11,720 shares during the period. Goldman Sachs Group Inc.’s holdings in Kingsoft Cloud were worth $1,919,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 13.40% of the stock is currently owned by institutional investors and hedge funds.

About Kingsoft Cloud

Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations primarily 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, network, database, big data, security, storage, and delivery solutions.