Kingsoft Cloud Holdings Ltd (KC) recently reported an astonishing Q1 GAAP EPS -$0.01. However, quarterly revenue was $271.47 million, with forecasts of $311.14 million. In particular, Kingsoft Cloud’s AI division has made impressive progress, surged by an astounding 228% year-on-year, earning a total of 525 million RMB.
Performance forecasts from Wall Street analysts
Six Wall Street analysts provide Kingsoft Cloud Holdings Ltd (KC, Financial) with a one-year price target range, with an average target price of $20.18. The forecast suggests a potential upside from the current trading price of $12.90. The high estimate reaches $24.99, with the bottom boundary at $14.80. For more detailed estimate data, see the Kingsoft Cloud Holdings Ltd (KC) Forecast Page.
Securities Company Recommendations
The consensus among the six brokerages position Kingsoft Cloud Holdings Ltd (KC, Financial) with an average recommendation of 1.8, indicating “outperform” status. This rating scale ranges from 1 (strong buy) to 5 (sales), placing KC in favorable light from a Wall Street perspective.
Find out the estimated value of the GF value
Gurufocus estimates Kingsoft Cloud Holdings Ltd (KC, Financial)’s forecast GF value is $4.56, indicating a potential downside of 64.65% from the current price of $12.90. GF values are calculated using forecasts of past trading multiples, past business growth, and future business performance. Additional details can be accessed on the Kingsoft Cloud Holdings Ltd (KC) Summary page.
