Key Highlights:
- Kingsoft Cloud (KC, Financial) is set to announce its Q1 financial results, with analysts predicting a significant change in earnings performance.
- Despite a forecasted decline in EPS, revenue is anticipated to experience considerable growth.
- Wall Street maintains an optimistic long-term outlook, with significant upside potential based on current price targets.
Upcoming Q1 Financial Results
Kingsoft Cloud (NASDAQ: KC) is gearing up for its Q1 earnings report on May 28th. Investors eagerly await this release, especially with predictions showing an earnings per share (EPS) of -$0.06. This figure represents a staggering 500% decline year-over-year. On the flip side, revenues are projected to climb by a promising 23%, reaching $302.61 million. Historically, Kingsoft Cloud has exceeded EPS estimates 63% of the time, bringing a mix of anticipation and apprehension among investors.
Wall Street Analysts Forecast
According to the insights from six analysts, the one-year price target for Kingsoft Cloud Holdings Ltd (KC, Financial) stands at an average of $20.18. The projections offer a range, with a high estimate of $24.99 and a low of $14.80. These targets suggest a potential upside of 56.41% from the current trading price of $12.90. For a more comprehensive view of these projections, visit the Kingsoft Cloud Holdings Ltd (KC) Forecast page on GuruFocus.
Brokerage Recommendations and GF Value
The consensus from six brokerage firms positions Kingsoft Cloud Holdings Ltd (KC, Financial) with an average recommendation of 1.8, classifying it under the "Outperform" category. The brokerage rating scale extends from 1 (Strong Buy) to 5 (Sell), and the current rating suggests a positive outlook from analysts.
However, the GuruFocus estimate presents a contrasting view with the GF Value calculation. For the upcoming year, the GF Value is estimated at $4.56, indicating a possible downside of 64.65% from the present price of $12.90. The GF Value represents GuruFocus' estimation of the stock's fair value, derived from historical trading multiples, past growth rates, and future business performance estimates. For in-depth data on this valuation, check the Kingsoft Cloud Holdings Ltd (KC, Financial) Summary page.
