Kingsoft Cloud (NASDAQ:KC) Downgraded to “Hold” Rating by Zacks Research

Zacks Research lowered shares of Kingsoft Cloud (NASDAQ:KC) from a strong-buy rating to a hold rating in a report published on Monday morning,Zacks.com reports.

Several other equities analysts have also recently commented on KC. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Thursday, January 22nd. The Goldman Sachs Group upgraded 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 report on Tuesday, February 10th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $18.30.

Kingsoft Cloud Stock Down 1.3%

Shares of KC stock opened at $14.09 on Monday. Kingsoft Cloud has a 12 month low of $10.29 and a 12 month high of $19.57. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The firm has a market cap of $4.26 billion, a PE ratio of -27.10 and a beta of 2.04. The stock has a 50 day moving average of $12.74 and a 200-day moving average of $13.04.

Institutional Trading of Kingsoft Cloud

A number of institutional investors and hedge funds have recently modified their holdings of KC. Vident Advisory LLC lifted its position in Kingsoft Cloud by 1.8% in the fourth quarter. Vident Advisory LLC now owns 51,953 shares of the company’s stock worth $537,000 after purchasing an additional 898 shares during the period. Farther Finance Advisors LLC increased its holdings in 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 buying an additional 1,053 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in Kingsoft Cloud by 14.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock valued at $95,000 after buying an additional 1,170 shares during the period. Personal CFO Solutions LLC raised its stake in shares of Kingsoft Cloud by 11.1% in the 3rd quarter. Personal CFO Solutions LLC now owns 12,174 shares of the company’s stock valued at $182,000 after buying an additional 1,212 shares in the last quarter. Finally, Diversify Wealth Management LLC lifted its holdings in shares of Kingsoft Cloud by 2.0% during the 3rd quarter. Diversify Wealth Management LLC now owns 67,617 shares of the company’s stock worth $1,009,000 after acquiring an additional 1,343 shares during the period. 13.40% of the stock is currently owned by 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.