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Kingsoft Cloud Holdings Limited (KC)

NASDAQ: KC · IEX Real-Time Price · USD
28.70
+0.12 (0.42%)
After-hours:Oct 25, 2021 7:28 PM EDT
28.58
-1.78 (-5.86%)
At close: Oct 25, 4:00 PM
Market Cap6.91B
Revenue (ttm)6.58B
Net Income (ttm)-982.03M
Shares Out223.72M
EPS (ttm)-0.58
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,364,461
Open30.18
Previous Close30.36
Day's Range28.21 - 30.36
52-Week Range23.81 - 74.67
Betan/a
AnalystsStrong Buy
Price Target48.75 (+70.6%)
Est. Earnings DateNov 17, 2021

About KC

Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations in China. The company offers public cloud services to customers in various verticals, including game, video, AI, e-commerce, education, and mobile internet; enterprise cloud services to customers in financial service, public service, and healthcare business, and others. It also provides IoT?smart living solutions. The company was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China.

IndustryIT Services
IPO DateMay 8, 2020
Employees2,166
Stock ExchangeNASDAQ
Ticker SymbolKC
Full Company Profile

Financial Performance

In 2020, KC's revenue was $6.58 billion, an increase of 66.25% compared to the previous year's $3.96 billion. Losses were -$962.26 million, -13.40% less than in 2019.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for KC stock is "Strong Buy." The 12-month stock price forecast is 48.75, which is an increase of 70.57% from the latest price.

Price Target
$48.75
(70.57% upside)
Analyst Consensus: Strong Buy

News

Why Kingsoft Cloud Holdings Stock Slumped on Friday

Investors got bearish after the company's latest earnings result.

1 month ago - The Motley Fool

Kingsoft Cloud Stock Gains After 42% Q2 Revenue Growth; Issues Robust Q3 Outlook

Chinese cloud service provider Kingsoft Cloud Holdings Ltd (NASDAQ: KC) reported second-quarter FY21 revenue growth of 41.6% year-on-year to $336.7 million (RMB2.17 billion), beating the analyst consens...

2 months ago - Benzinga

Recap: Kingsoft Cloud Q2 Earnings

Shares of Kingsoft Cloud Holdings (NASDAQ:KC) fell 8.2% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share decreased 700.00% over the past year to ($0.16),...

2 months ago - Benzinga

Kingsoft Cloud Announces Unaudited Second Quarter 2021 Financial Results

BEIJING, Aug. 25, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its un...

2 months ago - GlobeNewsWire

Kingsoft Cloud to Report Second Quarter 2021 Financial Results on August 25, 2021

BEIJING, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that i...

2 months ago - GlobeNewsWire

Kingsoft Cloud Announces Major Strategic Move in Enterprise Cloud Services

BEIJING, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, announced that the Com...

2 months ago - GlobeNewsWire

Kingsoft Cloud Reports Mixed Q1 Earnings

Kingsoft Cloud Holdings Ltd (NASDAQ: KC) reported first-quarter FY21 revenue growth of 30.4% year-on-year to $276.8 million (RMB1.8 billion), missing the analyst consensus of $291.33 million. Revenues f...

5 months ago - Benzinga

Kingsoft Cloud Announces Unaudited First Quarter 2021 Financial Results

BEIJING, May 18, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its una...

5 months ago - GlobeNewsWire

Kingsoft Cloud to Report First Quarter 2021 Financial Results on May 18, 2021

BEIJING, May 07, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that it...

5 months ago - GlobeNewsWire

Kingsoft Cloud Files Annual Report on Form 20-F for Fiscal Year 2020

BEIJING, April 22, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that ...

6 months ago - GlobeNewsWire

Kingsoft Cloud Releases First Environmental, Social and Governance Report

BEIJING, April 22, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that ...

6 months ago - GlobeNewsWire

Howard Marks' Oaktree Weakens Super Micro Computer Connection

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6 months ago - GuruFocus

Why Kingsoft Cloud Stock Crashed Today

The Chinese cloud computing specialist reported fourth-quarter results.

7 months ago - The Motley Fool

Kingsoft Cloud Announces Unaudited Fourth Quarter and Fiscal Year 2020 Financial Results

BEIJING, March 17, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its u...

7 months ago - GlobeNewsWire

Kingsoft Cloud to Report Fourth Quarter and Fiscal Year 2020 Financial Results on March 17, 2021

BEIJING, March 10, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that ...

7 months ago - GlobeNewsWire

Bet on Black With These 7 Risky Stocks

These 7 risky stocks have solid fundamentals for long term growth. Use their drops now as an entry point into new highs.

Other symbols:AYXCLXENLVMGNIRKTU
7 months ago - InvestorPlace

Why High-Flying International Stocks Like Baidu, Bilibili, and Kingsoft Cloud Plummeted Today

It seems fear is taking over Wall Street.

Other symbols:BIDUBILI
7 months ago - The Motley Fool

5 IPOs that show the importance of data in 2020

This year saw a surge in data consumption that propelled 5 companies to big IPOs: Palantir, C3.ai, Snowflake, ZoomInfo, and Kingsoft Cloud.

Other symbols:AIPLTRSNOWZI
9 months ago - VentureBeat

Kingsoft Cloud to be Added to MSCI China Index

BEIJING, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("Kingsoft Cloud" or the "Company") (NASDAQ: KC), a leading independent cloud service provider in China, today announced that i...

10 months ago - GlobeNewsWire

Kingsoft Cloud: Buying Ahead Of Short-And-Long-Term Drivers

Kingsoft Cloud is the largest independent cloud service provider in China. It has delivered phenomenal revenue growth amid ongoing digital transformation trends and the increasingly rapid rollout of ent...

10 months ago - Seeking Alpha

Kingsoft Cloud: A Reasonably Priced Chinese Cloud Services Play

Kingsoft Cloud posts accelerating top line growth in FQ3, which is benefiting the bottom line as well. The company is now on track for adj. EBITDA breakeven by FQ4.

10 months ago - Seeking Alpha

Why Kingsoft Cloud Stock Tanked Today

The Chinese cloud services provider reported third-quarter earnings results.

11 months ago - The Motley Fool

Kingsoft Cloud Holdings Limited (KC) CEO Yulin Wang on Q3 2020 Results - Earnings Call Transcript

Kingsoft Cloud Holdings Limited (KC) CEO Yulin Wang on Q3 2020 Results - Earnings Call Transcript

11 months ago - Seeking Alpha

Kingsoft Cloud Announces Unaudited Third Quarter 2020 Financial Results

BEIJING, China, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced...

11 months ago - GlobeNewsWire

Kingsoft Cloud to Report Third Quarter 2020 Financial Results on November 18, 2020

BEIJING, Nov. 03, 2020 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that i...

11 months ago - GlobeNewsWire