| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/23/2023 | -1.77% | Goldman Sachs | $4.5 → $5 | Maintains | Neutral |
| 06/01/2023 | -11.59% | Goldman Sachs | → $4.5 | Upgrades | Sell → Neutral |
| 09/07/2022 | -41.06% | Citigroup | $8.5 → $3 | Downgrades | Buy → Neutral |
| 06/09/2022 | 66.99% | Citigroup | $10 → $8.5 | Maintains | Buy |
| 03/14/2022 | -31.24% | JP Morgan | → $3.5 | Downgrades | Neutral → Underweight |
| 01/03/2022 | 253.63% | Goldman Sachs | $37 → $18 | Downgrades | Buy → Neutral |
| 09/29/2021 | 548.33% | Nomura Instinet | $45 → $33 | Downgrades | Buy → Neutral |
| 01/05/2021 | 980.55% | Jefferies | → $55 | Initiates Coverage On | → Buy |
| 07/17/2020 | — | Credit Suisse | Initiates Coverage On | → Outperform |
What is the target price for Kingsoft Cloud Hldgs (KC)?
The latest price target for Kingsoft Cloud Hldgs (NASDAQ: KC) was reported by Goldman Sachs on August 23, 2023. The analyst firm set a price target for $5.00 expecting KC to fall to within 12 months (a possible -1.77% downside). 3 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Kingsoft Cloud Hldgs (KC)?
The latest analyst rating for Kingsoft Cloud Hldgs (NASDAQ: KC) was provided by Goldman Sachs, and Kingsoft Cloud Hldgs maintained their neutral rating.
When is the next analyst rating going to be posted or updated for Kingsoft Cloud Hldgs (KC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Kingsoft Cloud Hldgs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Kingsoft Cloud Hldgs was filed on August 23, 2023 so you should expect the next rating to be made available sometime around August 23, 2024.
Is the Analyst Rating Kingsoft Cloud Hldgs (KC) correct?
While ratings are subjective and will change, the latest Kingsoft Cloud Hldgs (KC) rating was a maintained with a price target of $4.50 to $5.00. The current price Kingsoft Cloud Hldgs (KC) is trading at is $5.09, which is out of the analyst's predicted range.