Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) Receives Average Recommendation of “Moderate Buy” from Brokerages

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) has received an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $18.30.

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

Kingsoft Cloud Price Performance

Shares of NASDAQ:KC opened at $14.83 on Friday. Kingsoft Cloud has a 52 week low of $10.29 and a 52 week high of $22.26. The company has a 50-day moving average price of $11.98 and a 200 day moving average price of $13.14. The company has a market cap of $4.48 billion, a P/E ratio of -28.52 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.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in KC. Artisan Partners Limited Partnership purchased a new stake in shares of Kingsoft Cloud during the 3rd quarter worth approximately $51,504,000. JPMorgan Chase & Co. raised its holdings in Kingsoft Cloud by 2,541.3% during the second quarter. JPMorgan Chase & Co. now owns 1,129,120 shares of the company’s stock worth $14,137,000 after purchasing an additional 1,086,372 shares during the last quarter. Penserra Capital Management LLC boosted its position in Kingsoft Cloud by 32.8% during the third quarter. Penserra Capital Management LLC now owns 631,442 shares of the company’s stock worth $9,421,000 after purchasing an additional 155,788 shares in the last quarter. Maxi Investments CY Ltd purchased a new stake in Kingsoft Cloud during the fourth quarter worth $5,980,000. Finally, LMR Partners LLP grew its holdings in Kingsoft Cloud by 1,114.5% in the second quarter. LMR Partners LLP now owns 518,200 shares of the company’s stock valued at $6,488,000 after purchasing an additional 475,533 shares during the last quarter. 13.40% of the stock is owned by hedge funds and other institutional investors.

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.