Kingsoft Cloud Holdings Limited (KC)
NASDAQ: KC · IEX Real-Time Price · USD
2.870
+0.040 (1.41%)
Apr 24, 2024, 10:38 AM EDT - Market open
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 56.10% from the current stock price of 2.87.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 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 | +32.40% | Mar 25, 2024 |
| CLSA | CLSA | Sell → Buy Upgrades $4.4 | Sell → Buy | Upgrades | $4.4 | +53.31% | Mar 21, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $5 | Hold → Strong Buy | Upgrades | $5 | +74.22% | Mar 21, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $6.1 → $3.4 | Strong Buy | Maintains | $6.1 → $3.4 | +18.47% | Mar 11, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $4.5 → $4.2 | Hold → Buy | Upgrades | $4.5 → $4.2 | +46.34% | Mar 11, 2024 |
Financial Forecast
Revenue This Year
7.80B
from 7.05B
Increased by 10.62%
Revenue Next Year
8.63B
from 7.80B
Increased by 10.72%
EPS This Year
-4.31
from -9.15
EPS Next Year
-2.79
from -4.31
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.9B | 11.4B | 10.0B | 16.9B | 20.9B |
| Avg | 7.8B | 8.6B | 9.2B | 16.5B | 20.5B |
| Low | 7.2B | 7.6B | 8.4B | 15.7B | 19.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 40.3% | 45.8% | 15.4% | 83.5% | 26.4% |
| Avg | 10.6% | 10.7% | 6.5% | 80.0% | 24.0% |
| Low | 1.5% | -2.2% | -2.5% | 71.2% | 18.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.98 | -0.22 | -0.97 |
| Avg | -4.31 | -2.79 | -1.90 |
| Low | -6.62 | -6.28 | -2.56 |
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.