Kingsoft Cloud (NASDAQ:KC) Announces Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Posted by Scott Moore on Mar 19th, 2025

Kingsoft Cloud (NASDAQ:KC – Get Free Report) released its quarterly earnings results on Wednesday. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.06, Briefing.com reports. Kingsoft Cloud had a negative net margin of 28.41% and a negative return on equity of 19.13%. The firm had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter in the prior year, the firm earned $0.08 EPS. Kingsoft Cloud’s revenue for the quarter was up 29.6% on a year-over-year basis.

Kingsoft Cloud Stock Performance

Shares of KC opened at $18.09 on Wednesday. The company has a 50-day simple moving average of $15.11 and a 200-day simple moving average of $8.72. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $4.59 billion, a PE ratio of -15.08 and a beta of 2.23. Kingsoft Cloud has a 52-week low of $2.02 and a 52-week high of $22.26.

Analyst Ratings Changes

KC has been the subject of several research reports. Nomura Securities downgraded shares of Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 3rd. UBS Group upgraded shares of Kingsoft Cloud from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $4.20 to $12.50 in a research report on Friday, December 6th. Finally, Nomura downgraded shares of Kingsoft Cloud from a “buy” rating to a “neutral” rating in a research report on Monday, March 3rd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $5.93.

Check Out Our Latest Analysis on KC

About Kingsoft Cloud

(Get Free Report)

Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations primarily in China. The company's products portfolio includes cloud products, including infrastructure as a service (IaaS) infrastructure, platform as a service (PaaS) middleware, and software as a service (SaaS) applications that primarily consist of cloud computing, network, database, big data, security, storage, and delivery solutions.