Kingsoft Cloud Holdings Limited (KC)

NASDAQ: KC · IEX Real-Time Price · USD
3.390
-0.100 (-2.87%)
At close: May 3, 2024, 4:00 PM
3.490
+0.100 (2.95%)
After-hours: May 3, 2024, 6:13 PM EDT
-2.87%
Market Cap 805.03M
Revenue (ttm) 994.00M
Net Income (ttm) -306.96M
Shares Out 237.47M
EPS (ttm) -1.26
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 637,777
Open 3.550
Previous Close 3.490
Day's Range 3.390 - 3.590
52-Week Range 2.340 - 7.420
Beta 2.13
Analysts Strong Buy
Price Target 4.48 (+32.15%)
Earnings Date May 21, 2024

About KC

Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations 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, 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... [Read more]

Sector Technology
IPO Date May 8, 2020
Employees 10,493
Stock Exchange NASDAQ
Ticker Symbol KC
Full Company Profile

Financial Performance

In 2023, KC's revenue was 7.05 billion, a decrease of -13.85% compared to the previous year's 8.18 billion. Losses were -2.18 billion, -18.13% less than in 2022.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for KC stock is "Strong Buy." The 12-month stock price forecast is $4.48, which is an increase of 32.15% from the latest price.

Price Target
$4.48
(32.15% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Kingsoft Cloud Files Annual Report on Form 20-F for Fiscal Year 2023 and Releases 2023 Environmental, Social and Governance Report

BEIJING, April 30, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“we,” “Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China...

5 days ago - GlobeNewsWire

Kingsoft Cloud Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results

BEIJING, March 20, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, toda...

6 weeks ago - GlobeNewsWire

Kingsoft Cloud to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 20, 2024

BEIJING, March 08, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, toda...

2 months ago - GlobeNewsWire

Kingsoft Cloud Announces Results of Extraordinary General Meeting

BEIJING, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“we,” “Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China,...

3 months ago - GlobeNewsWire

Top 3 Tech Stocks Which Could Rescue Your Portfolio This Quarter - Kingsoft Cloud Hldgs (NASDAQ:KC), SMX (Security Matters) (NASDAQ:SMX)

The most oversold stocks in the information technology presents an opportunity to buy into undervalued companies.

Other symbols: SMX
3 months ago - Benzinga

Kingsoft Cloud to Hold Extraordinary General Meeting on February 8, 2024

BEIJING, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“we,” “Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China,...

4 months ago - GlobeNewsWire

Kingsoft Cloud Announces Unaudited Third Quarter 2023 Financial Results

BEIJING, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today...

5 months ago - GlobeNewsWire

Kingsoft Cloud to Report Third Quarter 2023 Financial Results on November 21, 2023

BEIJING, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today...

6 months ago - GlobeNewsWire

Kingsoft Cloud Announces Unaudited Second Quarter 2023 Financial Results

BEIJING, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today...

9 months ago - GlobeNewsWire

Kingsoft Cloud to Report Second Quarter 2023 Financial Results on August 22, 2023

BEIJING, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today...

9 months ago - GlobeNewsWire

Kingsoft Cloud Announces Share Purchase by Vice Chairman and Chief Executive Officer

BEIJING, June 09, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“we,” “Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China,...

11 months ago - GlobeNewsWire

Kingsoft Cloud Announces Unaudited First Quarter 2023 Financial Results

BEIJING, May 23, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today ...

1 year ago - GlobeNewsWire

Kingsoft Cloud to Report First Quarter 2023 Financial Results on May 23, 2023

BEIJING, May 09, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today ...

1 year ago - GlobeNewsWire

Kingsoft Cloud Files Annual Report on Form 20-F for Fiscal Year 2022 and Releases 2022 Environmental, Social and Governance (ESG) Report

BEIJING, April 27, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“we,” “Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China...

1 year ago - GlobeNewsWire

Kingsoft Cloud Announces Unaudited Fourth Quarter and Fiscal Year 2022 Financial Results

BEIJING, March 29, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, toda...

1 year ago - GlobeNewsWire

Kingsoft Cloud to Report Fourth Quarter and Fiscal Year 2022 Financial Results on March 29, 2023

BEIJING, March 15, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, toda...

1 year ago - GlobeNewsWire

Kingsoft Cloud Announces Results of Extraordinary General Meeting Following Proposed Dual Primary Listing on Hong Kong Stock Exchange and New Board Appointment

BEIJING, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“we,” “Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announce...

1 year ago - GlobeNewsWire

Kingsoft Cloud Announces Unaudited Third Quarter 2022 Financial Results

BEIJING, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its ...

1 year ago - GlobeNewsWire

Kingsoft Cloud to Report Third Quarter 2022 Financial Results on November 23, 2022

BEIJING, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that...

1 year ago - GlobeNewsWire

Kingsoft Cloud Announces Unaudited Second Quarter 2022 Financial Results

BEIJING, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its...

1 year ago - GlobeNewsWire

Kingsoft Cloud to Report Second Quarter 2022 Financial Results on September 6, 2022

BEIJING, Aug. 19, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that...

1 year ago - GlobeNewsWire

Kingsoft Cloud Files Application for Hong Kong Dual Primary Listing

BEIJING, July 27, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“we,” “Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announce...

1 year ago - GlobeNewsWire

Kingsoft Cloud Announces Unaudited First Quarter 2022 Financial Results

BEIJING, June 08, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its ...

2 years ago - GlobeNewsWire

Kingsoft Cloud to Report First Quarter 2022 Financial Results on June 8, 2022

BEIJING, China, May 18, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announce...

2 years ago - GlobeNewsWire

Kingsoft Cloud Files Annual Report on Form 20-F for Fiscal Year 2021

BEIJING, May 02, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that ...

2 years ago - GlobeNewsWire