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

Posted by John. R. Edwardson on Mar 19th, 2025

Kingsoft Cloud (NASDAQ:KC – Get Free Report) announced 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. The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.11 billion. Kingsoft Cloud had a negative return on equity of 19.13% and a negative net margin of 28.41%. Kingsoft Cloud’s quarterly revenue was up 29.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.08 EPS.

Kingsoft Cloud Trading Up 0.3 %

KC stock opened at $18.09 on Wednesday. The company has a market cap of $4.59 billion, a P/E ratio of -15.08 and a beta of 2.23. Kingsoft Cloud has a twelve month low of $2.02 and a twelve month high of $22.26. 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 business has a fifty day moving average of $15.11 and a 200-day moving average of $8.72.

Wall Street Analyst Weigh In

KC has been the topic of a number of recent analyst reports. UBS Group raised Kingsoft Cloud from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $4.20 to $12.50 in a research note on Friday, December 6th. Nomura lowered Kingsoft Cloud from a “buy” rating to a “neutral” rating in a research note on Monday, March 3rd. Finally, Nomura Securities lowered Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 3rd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Kingsoft Cloud has an average rating of “Moderate Buy” and an average target price of $5.93.

View Our Latest Report on KC

Kingsoft Cloud Company Profile

(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.