Kingsoft Cloud (NASDAQ:KC) Shares Gap Up – What’s Next?

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $10.84, but opened at $12.27. Kingsoft Cloud shares last traded at $11.8050, with a volume of 645,480 shares traded.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a $17.00 target price on shares of Kingsoft Cloud in a research report on Thursday, July 16th. Morgan Stanley assumed coverage on Kingsoft Cloud in a research note on Tuesday, July 7th. They issued an “overweight” rating and a $15.00 price objective on the stock. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Kingsoft Cloud in a report on Friday, July 17th. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Kingsoft Cloud has a consensus rating of “Moderate Buy” and an average price target of $17.15.

Kingsoft Cloud Stock Up 10.4%

The firm has a fifty day moving average price of $10.40 and a 200 day moving average price of $12.87. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of -25.41 and a beta of 1.99. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.37.

Kingsoft Cloud (NASDAQ:KC) last posted its quarterly earnings data on Friday, May 15th. The company reported ($0.17) EPS for the quarter. The business had revenue of $392.15 million during the quarter. Kingsoft Cloud had a negative return on equity of 11.67% and a negative net margin of 9.38%. Sell-side analysts anticipate that Kingsoft Cloud Holdings Limited Sponsored ADR will post -0.36 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Tao Zou sold 300,000 shares of Kingsoft Cloud stock in a transaction on Friday, July 17th. The stock was sold at an average price of $0.64, for a total value of $192,000.00. Following the completion of the sale, the chief executive officer directly owned 1,700,000 shares of the company’s stock, valued at approximately $1,088,000. This trade represents a 15.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 14.20% of the company’s stock.

Institutional Trading of Kingsoft Cloud

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vident Advisory LLC lifted its stake in Kingsoft Cloud by 1.8% in the fourth quarter. Vident Advisory LLC now owns 51,953 shares of the company’s stock valued at $537,000 after buying an additional 898 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Kingsoft Cloud by 14.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock worth $95,000 after acquiring an additional 1,170 shares in the last quarter. Diversify Advisory Services LLC raised its holdings in shares of Kingsoft Cloud by 9.0% during the third quarter. Diversify Advisory Services LLC now owns 22,686 shares of the company’s stock worth $338,000 after acquiring an additional 1,874 shares during the period. Cetera Investment Advisers raised its holdings in shares of Kingsoft Cloud by 11.7% during the first quarter. Cetera Investment Advisers now owns 33,049 shares of the company’s stock worth $442,000 after acquiring an additional 3,449 shares during the period. Finally, Vanguard Personalized Indexing Management LLC lifted its position in Kingsoft Cloud by 10.2% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 41,805 shares of the company’s stock valued at $432,000 after acquiring an additional 3,862 shares in the last quarter. 13.40% of the stock is owned by institutional investors.

About Kingsoft Cloud

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.