<div id="readability-page-1"><p>UBS Group started coverage on shares of <span>Kingsoft Cloud (NASDAQ:KC - Get Free Report)</span> in a research note issued on Thursday. The firm set a &#34;buy&#34; rating and a $14.00 price target on the stock. UBS Group's price target points to a potential upside of 21.95% from the stock's current price.</p><div><p><span></span><span>Get <strong>Kingsoft Cloud</strong> alerts:</span></p></div><p>Several other analysts have also weighed in on KC. Nomura raised Kingsoft Cloud from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and set a $18.30 price objective on the stock in a research note on Monday, May 5th. Nomura Securities raised shares of Kingsoft Cloud from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Monday, May 5th.</p><p><b>Read Our Latest Research Report on KC</b></p><h2>Kingsoft Cloud Price Performance</h2><p>Shares of NASDAQ:KC opened at $11.48 on Thursday. The firm has a 50 day moving average of $13.04 and a 200-day moving average of $12.78. Kingsoft Cloud has a 12 month low of $2.02 and a 12 month high of $22.26. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $3.16 billion, a PE ratio of -9.57 and a beta of 2.12. </p><p>Kingsoft Cloud (NASDAQ:KC - Get Free Report) last announced its quarterly earnings data on Wednesday, March 19th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.11) by $0.06. Kingsoft Cloud had a negative net margin of 28.41% and a negative return on equity of 19.13%. The business had revenue of $2.23 billion for the quarter, compared to analysts' expectations of $2.11 billion. During the same period last year, the firm posted $0.08 earnings per share. The firm's quarterly revenue was up 29.6% compared to the same quarter last year.  On average, equities research analysts predict that  Kingsoft Cloud will post -0.63 EPS for the current fiscal year. </p><h2>Institutional Investors Weigh In On Kingsoft Cloud</h2><p>Hedge funds and other institutional investors have recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. boosted its position in  Kingsoft Cloud by 12.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,549 shares of the company's stock worth $205,000 after buying an additional 2,200 shares during the period.  XY Capital Ltd increased its position in  Kingsoft Cloud by 19.1% in the 4th quarter. XY Capital Ltd now owns 86,567 shares of the company's stock valued at $908,000 after acquiring an additional 13,909 shares during the period.  Connor Clark &amp; Lunn Investment Management Ltd. raised its stake in shares of  Kingsoft Cloud by 628.2% during the fourth quarter. Connor Clark &amp; Lunn Investment Management Ltd. now owns 806,902 shares of the company's stock valued at $8,464,000 after acquiring an additional 696,094 shares during the last quarter.  Quantbot Technologies LP acquired a new position in shares of  Kingsoft Cloud during the fourth quarter worth $226,000.  Finally, Headlands Technologies LLC acquired a new position in shares of  Kingsoft Cloud during the fourth quarter worth $2,990,000. Institutional investors own  13.40% of the company's stock. </p><h2>Kingsoft Cloud Company Profile</h2> (Get Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Kingsoft Cloud</li><li>How to Know Which Cryptocurrency to Buy: A Guide for Investors</li><li>Alphabet Stock Analysis: What's Next—Bull or Bear Market?</li><li>High Dividend REITs: Are They an Ideal Way to Diversify?</li><li>3 Utilities Stocks With Big Earnings, Balanced Risk</li><li>What Are Earnings Reports?</li><li>NVIDIA Regains Top Spot; FOMO Is Why It Will Continue to Rise</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Kingsoft Cloud Right Now?</h2><p>Before you consider Kingsoft Cloud, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kingsoft Cloud wasn't on the list.</p><p>While Kingsoft Cloud currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>UBS Group has initiated coverage on Kingsoft Cloud (NASDAQ:KC), assigning a "buy" rating and a price target of $14.00, indicating a potential upside of 21.95%. Other analysts, including Nomura, have also upgraded their ratings on the stock. Kingsoft Cloud's shares opened at $11.48, with a market cap of $3.16 billion and a negative PE ratio of -9.57. The company reported a quarterly revenue of $2.23 billion, exceeding expectations, and is projected to post -0.63 EPS for the current fiscal year.</p>

Kingsoft Cloud (NASDAQ:KC) Coverage Initiated at UBS Group