How Does Kingsoft Cloud Holdings Ltd (KC) Stock Rank on Wall Street Tuesday?

Tuesday, November 28, 2023 11:09 AM | InvestorsObserver Analysts

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Wall Street is positive on Kingsoft Cloud Holdings Ltd (KC). On average, analysts give the stock a Buy rating. The average price target is $5.52, which means analysts expect the stock to add by 22.67% over the next twelve months. That average ranking earns the stock an Analyst Rating of 18, which is better than 18% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating KC a Buy today. Find out what this means to you and get the rest of the rankings on KC!
See Full KC Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Kingsoft Cloud Holdings Ltd Stock Today?

Kingsoft Cloud Holdings Ltd (KC) stock has fallen -1.53% while the S&P 500 is higher by 0.17% as of 10:58 AM on Tuesday, Nov 28. KC has fallen -$0.07 from the previous closing price of $4.57 on volume of 317,160 shares. Over the past year the S&P 500 has gained 14.99% while KC is higher by 90.68%. KC lost -$1.42 per share the over the last 12 months. Click Here to get the full Stock Report for Kingsoft Cloud Holdings Ltd stock.

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