▼ -36.17% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Kingsoft Cloud in the last 3 months. The average price target is $38.67, with a high forecast of $55.00 and a low forecast of $27.00. The average price target represents a -36.17% upside from the last price of $60.58.
The current consensus among 5 polled investment analysts is to buy stock in Kingsoft Cloud.
Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations in China. The company offers public cloud services to customers in various verticals, including game, video, AI, e-commerce, education, and mobile internet; enterprise cloud services to customers in financial service, public service, and healthcare businesses among others. It also provides advertising placement agency services and AIoT solutions. The company was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China. Kingsoft Cloud Holdings Limited is a subsidiary Kingsoft Corporation Limited. Kingsoft Cloud Holdings Limited(NasdaqGS:KC) operates independently of Kingsoft Corporation Limited as of June 16, 2020.