Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Given Average Rating of “Moderate Buy” by Brokerages

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) has received an average recommendation of “Moderate Buy” from the seven research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $17.15.

Several equities research analysts have weighed in on the company. Bank of America reiterated a “buy” rating on shares of Kingsoft Cloud in a research note on Wednesday, August 19th. Jefferies Financial Group restated a “buy” rating on shares of Kingsoft Cloud in a research note on Wednesday, August 19th. Morgan Stanley began coverage on Kingsoft Cloud in a report on Tuesday, July 7th. They set an “overweight” rating and a $15.00 target price on the stock. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Friday, July 17th.

Kingsoft Cloud Stock Down 6.5%

NASDAQ:KC opened at $10.42 on Tuesday. The firm has a market capitalization of $3.15 billion, a P/E ratio of -37.21 and a beta of 1.99. Kingsoft Cloud has a 1-year low of $8.35 and a 1-year high of $18.52. The company’s fifty day moving average price is $10.42 and its 200-day moving average price is $12.81. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.01 and a quick ratio of 1.01.

Kingsoft Cloud (NASDAQ:KC) last posted its earnings results on Friday, May 15th. The company reported ($0.17) earnings per share (EPS) for the quarter. Kingsoft Cloud had a negative net margin of 5.49% and a negative return on equity of 7.85%. The business had revenue of $392.15 million for the quarter. As a group, equities research analysts anticipate that Kingsoft Cloud will post -0.41 EPS for the current year.

Insider Activity at Kingsoft Cloud

In other news, CEO Tao Zou sold 300,000 shares of the firm’s stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of $0.64, for a total transaction of $192,000.00. Following the sale, the chief executive officer owned 1,700,000 shares of the company’s stock, valued at $1,088,000. This trade represents a 15.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 14.20% of the stock is owned by insiders.

Institutional Trading of Kingsoft Cloud

Hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its stake in shares of Kingsoft Cloud by 9.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 133,634 shares of the company’s stock worth $1,919,000 after acquiring an additional 11,720 shares in the last quarter. Hsbc Holdings PLC grew its position in shares of Kingsoft Cloud by 229.6% during the 2nd quarter. Hsbc Holdings PLC now owns 40,706 shares of the company’s stock valued at $506,000 after acquiring an additional 28,355 shares during the period. Squarepoint Ops LLC increased its stake in shares of Kingsoft Cloud by 76.9% in the 2nd quarter. Squarepoint Ops LLC now owns 90,623 shares of the company’s stock valued at $1,135,000 after purchasing an additional 39,393 shares in the last quarter. Diversify Advisory Services LLC increased its stake in shares of Kingsoft Cloud by 36.0% in the 2nd quarter. Diversify Advisory Services LLC now owns 20,812 shares of the company’s stock valued at $278,000 after purchasing an additional 5,514 shares in the last quarter. Finally, Diversify Wealth Management LLC raised its holdings in Kingsoft Cloud by 28.5% in the 2nd quarter. Diversify Wealth Management LLC now owns 66,274 shares of the company’s stock worth $887,000 after purchasing an additional 14,683 shares during the period. 13.40% of the stock is owned by hedge funds and other institutional investors.

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.