Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $18.4750.
Several equities analysts have weighed in on KC shares. Zacks Research downgraded Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Thursday, January 22nd. Jefferies Financial Group lifted their price objective on shares of Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a report on Wednesday. Finally, The Goldman Sachs Group raised shares of Kingsoft Cloud from a “neutral” rating to a “buy” rating and set a $15.60 target price on the stock in a research note on Tuesday, February 10th.
View Our Latest Stock Analysis on Kingsoft Cloud
Kingsoft Cloud Price Performance
Institutional Trading of Kingsoft Cloud
Large investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Kingsoft Cloud in the fourth quarter valued at $63,000. Mirae Asset Global Investments Co. Ltd. grew its stake 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 purchasing an additional 1,170 shares in the last quarter. CWM LLC acquired a new position in Kingsoft Cloud during the 4th quarter worth $132,000. Farther Finance Advisors LLC increased its holdings in Kingsoft Cloud by 13.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 9,053 shares of the company’s stock worth $135,000 after purchasing an additional 1,053 shares during the period. Finally, Equitable Holdings Inc. acquired a new stake in Kingsoft Cloud in the 3rd quarter valued at about $150,000. Hedge funds and other institutional investors 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.
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