Kingsoft Cloud Holdings Limited (KC)
NASDAQ: KC · IEX Real-Time Price · USD
2.640
-0.050 (-1.86%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Kingsoft Cloud Holdings Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for KC stock have an average target of 4.48, with a low estimate of 3.80 and a high estimate of 5.00. The average target predicts an increase of 69.70% from the current stock price of 2.64.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 25, 2024.
Analyst Ratings
The average analyst rating for KC stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $3.4 → $3.8 | Strong Buy | Maintains | $3.4 → $3.8 | +43.94% | Mar 25, 2024 |
| CLSA | CLSA | Sell → Buy Upgrades $4.4 | Sell → Buy | Upgrades | $4.4 | +66.67% | Mar 21, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $5 | Hold → Strong Buy | Upgrades | $5 | +89.39% | Mar 21, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $6.1 → $3.4 | Strong Buy | Maintains | $6.1 → $3.4 | +28.79% | Mar 11, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $4.5 → $4.2 | Hold → Buy | Upgrades | $4.5 → $4.2 | +59.09% | Mar 11, 2024 |
Financial Forecast
Revenue This Year
7.58B
from 7.05B
Increased by 7.58%
Revenue Next Year
8.23B
from 7.58B
Increased by 8.56%
EPS This Year
-3.91
from -9.15
EPS Next Year
-3.30
from -3.91
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.0B | 8.9B | 9.9B | 16.9B | 20.9B |
| Avg | 7.6B | 8.2B | 9.1B | 16.5B | 20.5B |
| Low | 7.1B | 7.5B | 8.3B | 15.7B | 19.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.9% | 17.7% | 20.7% | 84.6% | 26.4% |
| Avg | 7.6% | 8.6% | 11.0% | 81.1% | 24.0% |
| Low | 1.4% | -1.4% | 0.9% | 72.3% | 18.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.50 | -2.89 | -2.18 |
| Avg | -3.91 | -3.30 | -2.61 |
| Low | -4.03 | -3.70 | -2.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.