In the latest trading session, 2.16 million Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) shares changed hands as the company’s beta touched 2.21. With the company’s most recent per share price at $18.54 changed hands at -$2.13 or -10.30% at last look, the market valuation stands at $4.70B. KC’s current price is a discount, trading about -20.06% off its 52-week high of $22.26. The share price had its 52-week low at $2.02, which suggests the last value was 89.1% up since then.
Analysts gave the Kingsoft Cloud Holdings Ltd ADR (KC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.45. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended KC as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Kingsoft Cloud Holdings Ltd ADR’s EPS for the current quarter is expected to be -0.82.
Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) trade information
Instantly KC was in red as seen in intraday trades today. With action -10.91%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 76.74%, with the 5-day performance at -10.91% in the red. However, in the 30-day time frame, Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) is 94.34% up.
The consensus price target for the stock as assigned by Wall Street analysts is 4.1, meaning bulls need a downside of -352.2% from its recent market value. According to analyst projections, KC’s forecast low is 3.2 with 8.5 as the target high. To hit the forecast high, the stock’s price needs a 54.15% surge from its current level, while the stock would need to tank 82.74% for it to hit the projected low.
Kingsoft Cloud Holdings Ltd ADR (KC) estimates and forecasts
Year-over-year growth is forecast to reach 8.29% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 2.11B. 2 analysts are of the opinion that Kingsoft Cloud Holdings Ltd ADR’s revenue for the current quarter will be 1.83B. The company’s revenue for the corresponding quarters a year ago was 1.72B and 1.78B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 22.43%. The estimates for the next quarter sales put growth at 2.91%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -1.55%. The 2025 estimates are for Kingsoft Cloud Holdings Ltd ADR earnings to increase by 13.03%, but the outlook for the next 5-year period is at 45.32% per year.
Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC)’s Major holders
CANADA PENSION PLAN INVESTMENT BOARD holds the second largest percentage of outstanding shares, with 0.5672% or 20.7 million shares worth $51.96 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were Global X Fds-Global X Cloud Computing ETF and Artisan Sustainable Emerging Markets Fund. With 343.77 shares estimated at $6.34 million under it, the former controlled 0.14% of total outstanding shares. On the other hand, Artisan Sustainable Emerging Markets Fund held about 0.04% of the shares, roughly 99.9 shares worth around $1.84 million.
