Kingsoft Cloud Holdings Limited (KC)

Market Cap	1.15B
Revenue (ttm)	7.80B
Net Income (ttm)	-2.41B
Shares Out	233.89M
EPS (ttm)	-10.05
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	27,759
Open	4.77
Previous Close	4.45
Day's Range	4.73 - 4.94
52-Week Range	1.77 - 10.13
Beta	2.36
Analysts	Hold
Price Target	5.00 (+1.63%)
Earnings Date	Aug 22, 2023

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...

• Industry: Software - Application
• Sector: Technology
• IPO Date: May 8, 2020
• Employees: 9,752
• Stock Exchange: NASDAQ
• Ticker Symbol: KC

Financial Performance

In 2022, KC's revenue was $8.18 billion, a decrease of -9.72% compared to the previous year's $9.06 billion. Losses were -$2.66 billion, 67.3% more than in 2021.

Analyst Forecast

According to one analyst, the rating for KC stock is "Hold" and the 12-month stock price forecast is $5.0.

Price Target

$5.0

(1.63% upside)

Analyst Consensus: Hold