During the recent session, Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC)’s traded shares were 1.02 million, with the beta value of the company hitting 2.22. At the last check today, the stock’s price was $13.90, reflecting an intraday loss of -8.62% or -$1.31. The 52-week high for the KC share is $22.26, that puts it down -60.14 from that peak though still a striking 85.47% gain since the share price plummeted to a 52-week low of $2.02. The company’s market capitalization is $3.53B, and the average intraday trading volume over the past 10 days was 4.4 million shares, and the average trade volume was 3.89 million shares over the past three months.
Kingsoft Cloud Holdings Ltd ADR (KC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.54. KC has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.38.
Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) trade information
Kingsoft Cloud Holdings Ltd ADR (KC) registered a -8.62% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -8.62% in intraday trading to $13.90, hitting a weekly high. The stock’s 5-day price performance is -9.93%, and it has moved by -15.72% in 30 days. Based on these gigs, the overall price performance for the year is 363.28%. The short interest in Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) is 13.15 million shares and it means that shorts have 3.24 day(s) to cover.
The consensus price target of analysts on Wall Street is $4.1, which implies a decrease of -239.02% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.2 and $8.5 respectively. As a result, KC is trading at a premium of 38.85% off the target high and 76.98% off the low.
Kingsoft Cloud Holdings Ltd ADR (KC) estimates and forecasts
In the rating firms’ projections, revenue will increase 19.31% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.03B as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 2.21B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.78B and 1.89B respectively. In this case, analysts expect current quarter sales to grow by 14.42% and then jump by 17.05% in the coming quarter.
KC Dividends
Kingsoft Cloud Holdings Ltd ADR is due to release its next quarterly earnings on 2025-Mar-18. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC)’s Major holders
The next largest institutional holding, with 0.61 million shares, is of STATE STREET CORP’s that is approximately 0.2518% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.52 million.
Also, the Mutual Funds coming in first place with the largest holdings of Kingsoft Cloud Holdings Ltd ADR (KC) shares are GLOBAL X FUNDS-Global X Cloud Computing ETF and Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund. Data provided on Feb 28, 2025 indicates that GLOBAL X FUNDS-Global X Cloud Computing ETF owns about 331.51 shares. This amounts to just over 0.13 percent of the company’s overall shares, with a $4.6 million market value. The same data shows that the other fund manager holds slightly less at 57.12, or about 0.02% of the stock, which is worth about $0.79 million.
