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NASDAQ:KC

Kingsoft Cloud (KC) Stock Price, News & Analysis

Kingsoft Cloud logo
$6.53 +1.94 (+42.27%)
(As of 11/20/2024 ET)

About Kingsoft Cloud Stock (NASDAQ:KC)

Key Stats

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

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.

Kingsoft Cloud Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
28th Percentile Overall Score

KC 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.

  • 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.

  • Read more about Kingsoft Cloud's stock forecast and price target.
  • 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.

  • 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 Yield

    Kingsoft Cloud does not currently pay a dividend.

  • Dividend Growth

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

  • 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 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

    2 people have searched for KC on MarketBeat in the last 30 days. This is an increase of 100% 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.
  • 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.

  • Read more about Kingsoft Cloud's insider trading history.
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KC Stock News Headlines

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Kingsoft Cloud Renews Key Agreements with Xiaomi and Kingsoft
Kingsoft Cloud Reports Strong Q3 Growth Fueled by AI
See More Headlines

KC Stock Analysis - Frequently Asked Questions

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

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

Kingsoft Cloud (KC) raised $425 million in an 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.

Kingsoft Cloud's top institutional investors include State Street Corp (0.24%), Jane Street Group LLC (0.13%), GSA Capital Partners LLP (0.07%) and Swedbank AB (0.05%).

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.

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

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
-37.2%
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
$4.02 per share

Miscellaneous

Free Float
217,663,000
Market Cap
$1.66 billion
Optionable
Optionable
Beta
2.00
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This page (NASDAQ:KC) was last updated on 11/21/2024 by MarketBeat.com Staff
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