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Kingsoft Cloud Hldgs

KCNASDAQ
Logo brought to you by Benzinga Data
$5.78
-0.75-11.49%
At close: -
$5.80
0.020.35%
After Hours: 4:35 PM EDT
Q3 2024 Earnings were released on Tue Nov 19th, before the market open
The most recent conference call was at 7:15 AM, 2 days ago Click to view past webcast
Consensus Rating1
Neutral
Highest Price Target1
$18.00
Lowest Price Target1
$3.20
Consensus Price Target1
$5.89

Kingsoft Cloud Hldgs (NASDAQ:KC) Stock, Analyst Ratings, Price Targets, Forecasts

Kingsoft Cloud Holdings Ltd has a consensus price target of $5.89 based on the ratings of 8 analysts. The high is $18 issued by Goldman Sachs on January 3, 2022. The low is $3.2 issued by B of A Securities on August 21, 2024. The 3 most-recent analyst ratings were released by B of A Securities, Jefferies, and CLSA on August 21, 2024, March 25, 2024, and March 21, 2024, respectively. With an average price target of $3.8 between B of A Securities, Jefferies, and CLSA, there's an implied -34.48% downside for Kingsoft Cloud Holdings Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.6
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B of A Securities
Jefferies
CLSA
Citigroup
JP Morgan

1calculated from analyst ratings

Analyst Ratings for Kingsoft Cloud Hldgs

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Kingsoft Cloud Hldgs (KC) stock?

A

The latest price target for Kingsoft Cloud Hldgs (NASDAQ:KC) was reported by B of A Securities on August 21, 2024. The analyst firm set a price target for $3.20 expecting KC to fall to within 12 months (a possible -44.83% downside). 6 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Kingsoft Cloud Hldgs (KC)?

A

The latest analyst rating for Kingsoft Cloud Hldgs (NASDAQ:KC) was provided by B of A Securities, and Kingsoft Cloud Hldgs maintained their neutral rating.

Q

When was the last upgrade for Kingsoft Cloud Hldgs (KC)?

A

The last upgrade for Kingsoft Cloud Holdings Ltd happened on March 21, 2024 when CLSA raised their price target to $4.4. CLSA previously had an underperform for Kingsoft Cloud Holdings Ltd.

Q

When was the last downgrade for Kingsoft Cloud Hldgs (KC)?

A

The last downgrade for Kingsoft Cloud Holdings Ltd happened on September 7, 2022 when Citigroup changed their price target from $8.5 to $3 for Kingsoft Cloud Holdings Ltd.

Q

When is the next analyst rating going to be posted or updated for Kingsoft Cloud Hldgs (KC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Kingsoft Cloud Hldgs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Kingsoft Cloud Hldgs was filed on August 21, 2024 so you should expect the next rating to be made available sometime around August 21, 2025.

Q

Is the Analyst Rating Kingsoft Cloud Hldgs (KC) correct?

A

While ratings are subjective and will change, the latest Kingsoft Cloud Hldgs (KC) rating was a maintained with a price target of $3.80 to $3.20. The current price Kingsoft Cloud Hldgs (KC) is trading at is $5.80, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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