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NASDAQ:KC

Kingsoft Cloud (KC) Stock Price, News & Analysis

$2.09
-0.07 (-3.24%)
(As of 09/6/2024 ET)
Today's Range
$2.02
$2.14
50-Day Range
$2.09
$2.78
52-Week Range
$2.02
$5.80
Volume
1.43 million shs
Average Volume
1.07 million shs
Market Capitalization
$530.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.10

Kingsoft Cloud MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
96.2% Upside
$4.10 Price Target
Short Interest
Bearish
3.50% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.20mentions of Kingsoft Cloud in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.69) to ($0.51) 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.

1.64 out of 5 stars

Computer And Technology Sector

473rd out of 594 stocks

Prepackaged Software Industry

164th 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

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Kingsoft Cloud Q2 2024 Earnings Preview
Kingsoft Cloud Holdings Limited (K2CG34.SA)
Kingsoft Cloud Holdings Limited (KC)
See More Headlines
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Company Calendar

Last Earnings
5/17/2021
Today
9/07/2024
Next Earnings (Estimated)
11/19/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
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
+96.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-306,530,000.00
Pretax Margin
-25.60%

Debt

Sales & Book Value

Annual Sales
$7.02 billion
Book Value
$3.64 per share

Miscellaneous

Free Float
217,663,000
Market Cap
$530.20 million
Optionable
Optionable
Beta
1.98
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KC Stock Analysis - Frequently Asked Questions

How have KC shares performed this year?

Kingsoft Cloud's stock was trading at $3.78 at the start of the year. Since then, KC stock has decreased by 44.7% and is now trading at $2.09.
View the best growth stocks for 2024 here
.

How were Kingsoft Cloud's earnings last quarter?

Kingsoft Cloud Holdings Limited (NASDAQ:KC) announced its earnings results on Monday, May, 17th. The company reported ($0.98) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.20) by $0.78. The firm's revenue for the quarter was up 30.4% compared to the same quarter last year.

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 a price of $16.00-$18.00 per share. J.P. Morgan, UBS Investment Bank, Credit Suisse and CICC served as the underwriters for the IPO.

Who are Kingsoft Cloud's major shareholders?

Kingsoft Cloud's top institutional investors include Canada Pension Plan Investment Board (8.16%), Renaissance Technologies LLC (0.18%), Swedbank AB (0.09%) and Headlands Technologies LLC (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 9/7/2024 by MarketBeat.com Staff

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