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 earned an average rating of “Moderate Buy” from the five brokerages that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $19.65.

A number of research firms recently weighed in on KC. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Thursday, January 22nd. Zacks Research upgraded Kingsoft Cloud from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th.

Institutional Investors Weigh In On Kingsoft Cloud

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. boosted its position in shares of 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 during the period. Bayforest Capital Ltd increased its holdings in Kingsoft Cloud by 417.5% during the 2nd quarter. Bayforest Capital Ltd now owns 28,020 shares of the company’s stock worth $351,000 after acquiring an additional 22,606 shares during the period. Beverly Hills Private Wealth LLC purchased a new stake in Kingsoft Cloud in the 2nd quarter worth approximately $126,000. Envestnet Asset Management Inc. boosted its holdings in Kingsoft Cloud by 13.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 86,481 shares of the company’s stock valued at $1,083,000 after purchasing an additional 10,292 shares during the period. Finally, Atria Investments Inc grew its position in shares of Kingsoft Cloud by 19.0% during the 2nd quarter. Atria Investments Inc now owns 17,447 shares of the company’s stock valued at $218,000 after purchasing an additional 2,785 shares in the last quarter. 13.40% of the stock is currently owned by institutional investors.

Kingsoft Cloud Price Performance

Shares of NASDAQ:KC opened at $12.23 on Friday. The firm has a market capitalization of $3.69 billion, a PE ratio of -23.52 and a beta of 2.07. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The company has a 50-day moving average price of $11.79 and a two-hundred day moving average price of $13.21. Kingsoft Cloud has a twelve month low of $10.29 and a twelve month high of $22.26.

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.