Kingsoft Cloud (NASDAQ:KC) Shares Gap Up – Should You Buy?

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $15.11, but opened at $15.79. Kingsoft Cloud shares last traded at $15.5770, with a volume of 296,869 shares trading hands.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. The Goldman Sachs Group raised shares of Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 price target on the stock in a report on Tuesday, February 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Thursday, January 22nd. Jefferies Financial Group raised their price objective on Kingsoft Cloud from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Finally, Zacks Research downgraded Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $18.48.

Kingsoft Cloud Stock Performance

The stock has a market capitalization of $5.18 billion, a price-to-earnings ratio of -34.96 and a beta of 2.11. The company has a current ratio of 1.17, a quick ratio of 0.93 and a debt-to-equity ratio of 0.32. The firm has a 50-day moving average of $13.69 and a 200-day moving average of $12.81.

Institutional Investors Weigh In On Kingsoft Cloud

A number of institutional investors and hedge funds have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new stake in Kingsoft Cloud in the fourth quarter valued at approximately $63,000. Mirae Asset Global Investments Co. Ltd. raised its position in Kingsoft Cloud by 14.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock worth $95,000 after buying an additional 1,170 shares during the last quarter. CWM LLC acquired a new stake in Kingsoft Cloud during the 4th quarter valued at approximately $132,000. Farther Finance Advisors LLC boosted its holdings in shares of Kingsoft Cloud by 13.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 9,053 shares of the company’s stock valued at $135,000 after acquiring an additional 1,053 shares during the last quarter. Finally, Equitable Holdings Inc. purchased a new stake in shares of Kingsoft Cloud in the 3rd quarter valued at $150,000. Institutional investors and hedge funds own 13.40% of the company’s stock.

About Kingsoft Cloud

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.