Kingsoft Cloud Holdings Limited (KC)

NASDAQ: KC · Real-Time Price · USD
6.53
+1.94 (42.27%)
At close: Nov 20, 2024, 4:00 PM
6.51
-0.02 (-0.31%)
After-hours: Nov 20, 2024, 7:59 PM EST
42.27%
Market Cap 1.50B
Revenue (ttm) 965.35M
Net Income (ttm) -245.30M
Shares Out 230.40M
EPS (ttm) -1.02
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 11,616,354
Open 5.68
Previous Close 4.59
Day's Range 5.57 - 6.54
52-Week Range 2.02 - 6.54
Beta 2.00
Analysts Strong Buy
Price Target 4.12 (-36.91%)
Earnings Date Nov 19, 2024

About KC

Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations primarily 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, network, database, big data, security, storage, and delivery solutions. It offers research and development services, as well as enterprise digital solutions and related services. The company al... [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, Kingsoft Cloud Holdings'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 $4.12, which is a decrease of -36.91% from the latest price.

Price Target
$4.12
(-36.91% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Kingsoft Cloud Holdings Limited (KC) Q3 2024 Earnings Call Transcript

Kingsoft Cloud Holdings Limited (NASDAQ:KC) Q3 2024 Earnings Conference Call November 19, 2024 7:15 AM ET Company Participants Nicole Shan - IR Manager Tao Zou - Vice Chairman & CEO Haijian He - CFO ...

1 day ago - Seeking Alpha

Kingsoft Cloud Announces Unaudited Third Quarter 2024 Financial Results with Accelerated Revenue Growth and Robust Expansion of Gross and EBITDA profit

BEIJING, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in China, today announced i...

1 day ago - GlobeNewsWire

Kingsoft Cloud to Report Third Quarter 2024 Financial Results on November 19, 2024

BEIJING, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) (“Kingsoft Cloud” or the “Company”), a leading cloud service provider in China, today announced t...

8 days ago - GlobeNewsWire

Kingsoft Cloud (KC) Shares Surge Over 24% Following Financing Leasing Agreement

As of Wednesday, Kingsoft Cloud (KC, Financial) saw its shares rise by more than 24%, trading at $3.968 per share, with a market capitalization exceeding $940 million. This surge follows the company's...

7 weeks ago - GuruFocus

Kingsoft Cloud: Positive AI Revenue Growth Momentum

Kingsoft Cloud is anticipating a significant increase in its capital investments for 2024 vis-a-vis 2023, and the bulk of the company's capital expenditures for this year will be AI-related. KC has br...

2 months ago - Seeking Alpha

Kingsoft Cloud Holdings Limited (KC) Q2 2024 Earnings Call Transcript

Kingsoft Cloud Holdings Limited (NASDAQ:KC) Q2 2024 Earnings Conference Call August 20, 2024 8:15 AM ET Company Participants Nicole Shan - IR Manager Tao Zou - Vice Chairman & CEO Haijian He - CFO Co...

3 months ago - Seeking Alpha

Kingsoft Cloud Announces Unaudited Second Quarter 2024 Financial Results

BEIJING, Aug. 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, today...

3 months ago - GlobeNewsWire

Kingsoft Cloud to Report Second Quarter 2024 Financial Results on August 20, 2024

BEIJING, Aug. 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, today...

3 months ago - GlobeNewsWire

Kingsoft Cloud Holdings Limited (KC) Q1 2024 Earnings Call Transcript

Kingsoft Cloud Holdings Limited (NASDAQ:KC) Q1 2024 Earnings Conference Call May 22, 2024 8:15 AM ET Company Participants Nicole Shan - IR Manager Tao Zou - Vice Chairman and CEO Haijian He - CFO Con...

6 months ago - Seeking Alpha

Kingsoft Cloud Announces Unaudited First Quarter 2024 Financial Results

BEIJING, May 22, 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, today ...

6 months ago - GlobeNewsWire

Kingsoft Cloud to Report First Quarter 2024 Financial Results on May 22, 2024

BEIJING, May 09, 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, today ...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

Kingsoft Cloud Holdings Limited (KC) Q4 2023 Earnings Call Transcript

Kingsoft Cloud Holdings Limited (KC) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

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...

8 months 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...

9 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,...

10 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
10 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,...

11 months ago - GlobeNewsWire

Kingsoft Cloud Holdings Limited (KC) Q3 2023 Earnings Call Transcript

Kingsoft Cloud Holdings Limited (NASDAQ:KC) Q3 2023 Results Conference Call November 21, 2023 7:15 AM ET Company Participants Wayne Wong - IR Manager Tao Zou - Vice Chairman and CEO Haijian He - CFO ...

1 year ago - Seeking Alpha

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...

1 year 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...

1 year ago - GlobeNewsWire

Kingsoft Cloud Reduces Major Customer Dependence, Pursues Quality Revenue Growth

Kingsoft Cloud Holdings Limited provides cloud-based services to Asia-based companies. The company's revenue continues to decline and operating losses remain high despite efforts to grow AI capabiliti...

1 year ago - Seeking Alpha

Kingsoft Cloud Holdings Limited (KC) Q2 2023 Earnings Call Transcript

Kingsoft Cloud Holdings Limited (NASDAQ:KC) Q2 2023 Earnings Conference Call August 21, 2023 8:15 AM ET Company Participants Nicole Shan - IR Manager Tao Zou - Vice Chairman and CEO Henry He - CFO Co...

1 year ago - Seeking Alpha

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...

1 year 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...

1 year ago - GlobeNewsWire