Free Trial
NASDAQ:KC

Kingsoft Cloud (KC) Stock Price, News & Analysis

$2.63
+0.14 (+5.62%)
(As of 07/26/2024 ET)
Today's Range
$2.50
$2.67
50-Day Range
$2.45
$3.34
52-Week Range
$2.34
$7.42
Volume
677,900 shs
Average Volume
1.09 million shs
Market Capitalization
$667.19 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.55

Kingsoft Cloud MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
73.0% Upside
$4.55 Price Target
Short Interest
Bearish
3.52% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.79mentions of Kingsoft Cloud in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.45) to ($0.29) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.40 out of 5 stars

Computer And Technology Sector

400th out of 612 stocks

Prepackaged Software Industry

130th out of 202 stocks

KC stock logo

About Kingsoft Cloud Stock (NASDAQ:KC)

Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations primarily in China. The company's products portfolio includes cloud products, including infrastructure as a service (IaaS) infrastructure, platform as a service (PaaS) middleware, and software as a service (SaaS) applications that primarily consist of cloud computing, network, database, big data, security, storage, and delivery solutions. It offers research and development services, as well as enterprise digital solutions and related services. The company also provides public cloud services to customers in various verticals, including video, e-commerce, intelligent mobility, artificial intelligence, and mobile internet; and enterprise cloud services to customers in financial services, public service, and healthcare businesses. Kingsoft Cloud Holdings Limited was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China.

KC Stock Price History

KC Stock News Headlines

Kingsoft Cloud (NASDAQ:KC) Shares Gap Down to $2.64
J.P. Morgan’s DIRE Warning
When the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."
Kingsoft Cloud Holdings Limited (KC)
J.P. Morgan’s DIRE Warning
When the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."
Nomura Sticks to Their Hold Rating for Kingsoft Cloud Holdings (KC)
See More Headlines
Receive KC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Kingsoft Cloud and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/22/2024
Today
7/26/2024
Next Earnings (Estimated)
8/27/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
10,493
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.55
High Stock Price Target
$5.00
Low Stock Price Target
$3.80
Potential Upside/Downside
+73.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-306,530,000.00
Pretax Margin
-27.90%

Debt

Sales & Book Value

Annual Sales
$6.96 billion
Book Value
$4.02 per share

Miscellaneous

Free Float
217,663,000
Market Cap
$667.19 million
Optionable
Optionable
Beta
2.00
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives

  • Mr. Tao Zou (Age 49)
    Vice Chairman of the Board & Acting CEO
  • Mr. Shouhu Wang (Age 54)
    President
  • Mr. Haijian He (Age 42)
    CFO & Director
  • Nicole Shan
    Investor Relations Officer
  • Mr. Tao Liu (Age 42)
    Senior Vice President
  • Ms. Ka Man So A.C.I.S. (Age 50)
    A.C.S., FCIS, FCS, Company Secretary

KC Stock Analysis - Frequently Asked Questions

How have KC shares performed this year?

Kingsoft Cloud's stock was trading at $3.78 on January 1st, 2024. Since then, KC stock has decreased by 30.4% and is now trading at $2.63.
View the best growth stocks for 2024 here
.

How were Kingsoft Cloud's earnings last quarter?

Kingsoft Cloud Holdings Limited (NASDAQ:KC) posted its earnings results on Wednesday, May, 22nd. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.13) by $0.08. The company had revenue of $245.93 million for the quarter, compared to the consensus estimate of $244.03 million. Kingsoft Cloud had a negative net margin of 27.62% and a negative trailing twelve-month return on equity of 25.61%.

When did Kingsoft Cloud IPO?

Kingsoft Cloud (KC) raised $425 million in an initial public offering on Friday, May 8th 2020. The company issued 25,000,000 shares at a price of $16.00-$18.00 per share. J.P. Morgan, UBS Investment Bank, Credit Suisse and CICC acted as the underwriters for the IPO.

Who are Kingsoft Cloud's major shareholders?

Kingsoft Cloud's top institutional investors include Swedbank AB (0.09%) and Blue Trust Inc. (0.01%).

How do I buy shares of Kingsoft Cloud?

Shares of KC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Kingsoft Cloud own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kingsoft Cloud investors own include Abeona Therapeutics (ABEO), Alcoa (AA), CRISPR Therapeutics (CRSP), Inseego (INSG), Intra-Cellular Therapies (ITCI), Spectrum Pharmaceuticals (SPPI) and Sorrento Therapeutics (SRNE).

This page (NASDAQ:KC) was last updated on 7/27/2024 by MarketBeat.com Staff

From Our Partners