Kingsoft Cloud (KC) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $5.57 to $6.54
• 50-Day Range: $2.18 to $6.53
• 52-Week Range: $2.02 to $6.54
• Volume: 11.64 million shs
• Average Volume: 3.34 million shs
• Market Capitalization: $1.66 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.10
• Consensus Rating: Moderate Buy

Kingsoft Cloud Stock Analysis - MarketRank™

Kingsoft Cloud scored higher than 28% of companies evaluated by MarketBeat, and ranked 559th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Kingsoft Cloud has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Kingsoft Cloud has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Kingsoft Cloud are expected to grow in the coming year, from ($0.69) to ($0.51) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kingsoft Cloud is -6.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kingsoft Cloud is -6.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Kingsoft Cloud has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.32% of the outstanding shares of Kingsoft Cloud have been sold short.

Short Interest Ratio / Days to Cover

Kingsoft Cloud has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kingsoft Cloud has recently decreased by 13.27%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Kingsoft Cloud does not currently pay a dividend.

Dividend Growth

Kingsoft Cloud does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.32% of the outstanding shares of Kingsoft Cloud have been sold short.

Short Interest Ratio / Days to Cover

Kingsoft Cloud has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kingsoft Cloud has recently decreased by 13.27%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.39

News Sentiment

Kingsoft Cloud has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Kingsoft Cloud this week, compared to 2 articles on an average week.

Search Interest

3 people have searched for KC on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

7 people have added Kingsoft Cloud to their MarketBeat watchlist in the last 30 days. This is an increase of 600% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kingsoft Cloud insiders have not sold or bought any company stock.

Percentage Held by Insiders

14.20% of the stock of Kingsoft Cloud is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 13.40% of the stock of Kingsoft Cloud is held by institutions.

KC Stock Analysis - Frequently Asked Questions

How have KC shares performed this year?

Kingsoft Cloud's stock was trading at $3.78 at the beginning of the year. Since then, KC stock has increased by 72.8% and is now trading at $6.53.
View the best growth stocks for 2024 here.

How were Kingsoft Cloud's earnings last quarter?

Kingsoft Cloud Holdings Limited (NASDAQ:KC) posted its quarterly earnings data on Monday, May, 17th. The company reported ($0.98) EPS for the quarter, missing the consensus estimate of ($0.20) by $0.78. The firm's revenue for the quarter was up 30.4% on a year-over-year basis.

When did Kingsoft Cloud IPO?

Kingsoft Cloud (KC) raised $425 million in an initial public offering (IPO) on Friday, May 8th 2020. The company issued 25,000,000 shares at $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 shareholders include State Street Corp (0.24%), Jane Street Group LLC (0.13%), GSA Capital Partners LLP (0.07%) and Swedbank AB (0.05%).

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 Enovix (ENVX), Rambus (RMBS), Ginkgo Bioworks (DNA), Toast (TOST), Globant (GLOB), COMPASS Pathways (CMPS) and Luminar Technologies (LAZR).

Company Calendar

• Last Earnings: 5/17/2021
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:KC
• CUSIP: N/A
• CIK: 1795589
• Web: www.ksyun.com
• Phone: 86-10-6292-7777
• Fax: N/A
• Employees: 10,493
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.10
• High Stock Price Target: $5.00
• Low Stock Price Target: $3.20
• Potential Upside/Downside: -37.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.03)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-306,530,000.00
• Net Margins: -25.33%
• Pretax Margin: -25.60%
• Return on Equity: -24.99%
• Return on Assets: -11.54%

Debt

• Debt-to-Equity Ratio: 0.03
• Current Ratio: 0.84
• Quick Ratio: 0.84

Sales & Book Value

• Annual Sales: $7.02 billion
• Price / Sales: 0.24
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.02 per share
• Price / Book: 1.62

Miscellaneous

• Outstanding Shares: 253,686,000
• Free Float: 217,663,000
• Market Cap: $1.66 billion
• Optionable: Optionable
• Beta: 2.00