Nomura lifts Kingsoft Cloud Holdings Ltd ADR [KC] price estimate. Who else is bullish?

Kingsoft Cloud Holdings Ltd ADR [NASDAQ: KC] surged by $0.64 during the normal trading session on while it closed the day at $8.16.

Kingsoft Cloud Holdings Ltd ADR stock has also gained 36.68% of its value over the past 7 days. However, KC stock has inclined by 277.78% in the 3 months of the year. Over the past six months meanwhile, it has gained 191.43% and gained 115.87% year-on date.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The market cap for KC stock reached $2.07 billion, with 253.69 million shares outstanding and 253.53 million shares in the current float. Compared to the average trading volume of 3.28M shares, KC reached a trading volume of 4789707 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Kingsoft Cloud Holdings Ltd ADR [KC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KC shares is $5.77 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KC stock is a recommendation set at 1.78. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Nomura have made an estimate for Kingsoft Cloud Holdings Ltd ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 22, 2024. The new note on the price target was released on March 21, 2024, representing the official price target for Kingsoft Cloud Holdings Ltd ADR stock. Previously, the target price had yet another raise to $5, while Citigroup analysts kept a Buy rating on KC stock.

The Average True Range (ATR) for Kingsoft Cloud Holdings Ltd ADR is set at 0.72, with the Price to Sales ratio for KC stock in the period of the last 12 months amounting to 2.05. The Price to Book ratio for the last quarter was 2.64, with the Price to Cash per share for the same quarter was set at 0.96.

KC stock trade performance evaluation

Kingsoft Cloud Holdings Ltd ADR [KC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 36.68. With this latest performance, KC shares gained by 194.58% in over the last four-week period, additionally plugging by 191.43% over the last 6 months – not to mention a rise of 92.00% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KC stock in for the last two-week period is set at 69.52, with the RSI for the last a single of trading hit 71.02, and the three-weeks RSI is set at 68.49 for Kingsoft Cloud Holdings Ltd ADR [KC]. The present Moving Average for the last 50 days of trading for this stock 4.09, while it was recorded at 7.36 for the last single week of trading, and 3.10 for the last 200 days.

Kingsoft Cloud Holdings Ltd ADR [KC]: An insightful look at the core fundamentals

Kingsoft Cloud Holdings Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.67 and a Current Ratio set at 0.67.

Earnings per share (EPS) analysis for Kingsoft Cloud Holdings Ltd ADR [KC] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Kingsoft Cloud Holdings Ltd ADR go to 3.81%.

Kingsoft Cloud Holdings Ltd ADR [KC]: Institutional Ownership

The top three institutional holders of KC stocks are: CANADA PENSION PLAN INVESTMENT BOARD with ownership of 20.7 million shares, which is approximately 8.59%. MORGAN STANLEY, holding 2.34 million shares of the stock with an approximate value of $$5.87 million in KC stocks shares; and MORGAN STANLEY, currently with $$3.06 million in KC stock with ownership which is approximately 0.5065%.