Brokerages Set Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Target Price at $19.65

Shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) have been given an average rating of “Moderate Buy” by the six ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $19.65.

KC has been the subject of several analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Wednesday, October 8th. Bank of America raised shares of Kingsoft Cloud from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Kingsoft Cloud in a research note on Tuesday, September 16th. They set a “buy” rating and a $21.00 price objective on the stock. Finally, Wall Street Zen raised shares of Kingsoft Cloud from a “sell” rating to a “hold” rating in a report on Sunday, August 24th.

Kingsoft Cloud Stock Performance

Shares of NASDAQ KC opened at $11.31 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a 50 day moving average price of $12.13 and a 200 day moving average price of $13.39. The stock has a market capitalization of $3.42 billion, a PE ratio of -21.75 and a beta of 2.01. Kingsoft Cloud has a 52 week low of $8.84 and a 52 week high of $22.26.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. First Horizon Advisors Inc. bought a new stake in Kingsoft Cloud in the 2nd quarter valued at $27,000. Bayforest Capital Ltd acquired a new position in shares of Kingsoft Cloud in the first quarter valued at $78,000. Farther Finance Advisors LLC bought a new position in shares of Kingsoft Cloud in the second quarter valued at about $100,000. Beverly Hills Private Wealth LLC acquired a new stake in shares of Kingsoft Cloud during the 2nd quarter worth about $126,000. Finally, Equitable Holdings Inc. bought a new stake in shares of Kingsoft Cloud during the 3rd quarter worth about $150,000. 13.40% of the stock is owned by institutional investors and hedge funds.

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.