KC Stock News & Sentiment

Kingsoft Cloud (KC) saw significant activity in the last trading session with above-average trading volume. However, the recent changes in earnings estimates may not support the stock's upward movement in the short term.

We have put together a list of 13 AI news and ratings that Wall Street is paying attention to. In this article, we will examine how Kingsoft Cloud Holdings Limited (NASDAQ:KC) compares to other AI stocks that are on Wall Street's radar. In his recent memo titled "On Bubble Watch," Howard Marks, co-founder and co-chairman, discusses this topic further.

This year, we will look at how Kingsoft Cloud Holdings Limited Sponsored ADR (KC) and Amphenol (APH) have done in comparison to their industry.

On Wednesday, Kingsoft Cloud (KC, Financial) experienced a share price increase of over 24%, reaching $3.968 per share and a market value of more than $940 million. This rise comes after the company revealed a financing lease deal involving its affiliate, Kingsoft Cloud (Qingyang) Data, and a subsidiary of China Cinda, Cinda Financial Leasing.

Kingsoft Cloud Holdings Limited (NASDAQ:KC) will hold its Q2 2024 Earnings Conference Call on August 20, 2024, at 8:15 AM ET. The call will feature company representatives including Nicole Shan, the IR Manager, Tao Zou, the Vice Chairman and CEO, and Haijian He, the CFO. Participants from various financial institutions, such as Xiaodan Zhang from CICC and Timothy Zhao from Goldman Sachs, will also be joining the call.

Kingsoft Cloud (KC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Kingsoft Cloud Holdings Limited (KC) Q4 2023 Earnings Call Transcript

Kingsoft Cloud Holdings Limited Sponsored ADR (KC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

BEIJING, March 08, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year 2023 ended December 31, 2023 before the open of U.S. markets on Wednesday, March 20, 2024.