Analysts predict Kingsoft Cloud Holdings Ltd ADR (KC) stock to reach $3.2 in the next 12 months

Kingsoft Cloud Holdings Ltd ADR [KC] stock is trading at $12.57, up 23.24%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The KC shares have gain 49.64% over the last week, with a monthly amount glided 110.55%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Kingsoft Cloud Holdings Ltd ADR [NASDAQ: KC] stock has seen the most recent analyst activity on December 06, 2024, when UBS upgraded its rating to a Buy and also boosted its price target to $12.50 from $4.20. Previously, Nomura upgraded its rating to Buy on November 22, 2024, and elevated its price target to $6.70. On March 21, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $4.40 on the stock. Citigroup upgraded its rating to a Buy but stick to its price target of $5 on March 21, 2024. JP Morgan upgraded its rating to a Overweight. Goldman upgraded its rating to Neutral for this stock on June 01, 2023, but kept the price target unchanged to $4.50. In a note dated April 24, 2023, Goldman downgraded an Sell rating on this stock and boosted its target price from $4 to $5.10.

Kingsoft Cloud Holdings Ltd ADR [KC] stock has fluctuated between $2.02 and $10.49 over the past year. Currently, Wall Street analysts expect the stock to reach $3.2 within the next 12 months. Kingsoft Cloud Holdings Ltd ADR [NASDAQ: KC] shares were valued at $12.57 at the most recent close of the market. An investor can expect a potential drop of -74.54% based on the average KC price forecast.

Analyzing the KC fundamentals

Kingsoft Cloud Holdings Ltd ADR [NASDAQ:KC] reported sales of 1.01B for the trailing twelve months, which represents a growth of 17.30%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -0.28%, Pretax Profit Margin comes in at -0.28%, and Net Profit Margin reading is -0.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.33 and Total Capital is -0.27. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.45.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.83 points at the first support level, and at 11.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.07, and for the 2nd resistance point, it is at 13.58.

Ratios To Look Out For

For context, Kingsoft Cloud Holdings Ltd ADR’s Current Ratio is 0.67. Further, the Quick Ratio stands at 0.67, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 3.16, the price to book ratio is 4.07.

Transactions by insiders

Recent insider trading involved He Haijian, Director, that happened on Dec 09 ’24 when 0.3 million shares were purchased. Vice President, Tian Kaiyan completed a deal on Nov 21 ’24 to buy 3200.0 shares. Meanwhile, Senior Vice President Liu Tao bought 60000.0 shares on Nov 21 ’24.

Related Posts