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KCKingsoft Cloud Holdings Limited
$8.52$2.5B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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KC logo

Kingsoft Cloud Holdings Limited

KC
NASDAQ · Cloud & Data Centers
$8.52
At close - Nov 6, 4:00 PM EST - USD
Market Cap$2.52B
P/E-28.3x
52W High$18.52
Volume1.21M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Accelerating Revenue Growth Confronts Structural Margin and Leverage Risks

Kingsoft Cloud is demonstrating accelerating top-line momentum, with revenue growth reaching 30.4% in 2026Q2, suggesting successful market share gains in the competitive Chinese cloud sector.

GrowthAccelerating
ProfitabilityStrained
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

KC price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

-235% Peers

P/E is 235% below peer median

03

Market leadership

RS 27 · Lag

Laggard (Underperforming 73% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 24

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
KC-22.05%
S&P 500 (^GSPC)+7.63%
1-Year Return
KC-27.37%
S&P 500 (^GSPC)+9.69%
3-Year Return
KC+70.06%
S&P 500 (^GSPC)+75.91%
5-Year Return
KC-60.83%
S&P 500 (^GSPC)+61.83%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
-28.3x
Forward P/E
N/A
EV/EBITDA50th %ile
3.8x
FCF YieldCash Flow
8.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-28.3x
N/A
N/A
EV/EBITDA
3.8x
11.7x
50th· Fair
Price/FCF
12.0x
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$13.42+57.5%
Base (Fair)$18.01+111.4%
Bull$22.87+168.4%
$13.42 Bear$18.01 Base$22.87 Bull
Current Market Price: $8.52
Trades at a 52.7% discount to Base DCF ($18.01)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$9.56B+22.8% YoY
Net income FY25
-$936M+52.4% YoY
Free cash flow FY25
-$941M+69.2% YoY
Operating margin FY25
-5.5%+5.1 pts YoY
ROIC (FY25)-4.5%
Avg ROIC 5Y-13.1%
ROE (TTM)-7%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate8/12 (67%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 19, 2026
-$0.03+57.1%
vs -$0.07
$452M+1.3%
vs $446M
Q2 2026
May 27, 2026
-$0.10+12.6%
vs -$0.11
$392M+5.1%
vs $373M
Q2 2026
Mar 25, 2026
-$0.05+41.4%
vs -$0.09
$395M+1.1%
vs $391M
Q4 2025
Nov 19, 2025
$0.02+116.7%
vs -$0.12
$348M+1.0%
vs $344M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Seeking Alpha·Oct 30, 2026
Kingsoft Cloud Q3 2026 Preview: Riding The AI Wave, But Capex Scrutiny Remains

Kingsoft Cloud is rated bullish ahead of Q3 2026, driven by rapid AI cloud revenue growth and favorable macro policy tailwinds. KC's AI cloud billing now exceeds half of Public Cloud revenue, with strong pricing power and client diversification supporting margin expansion. Valuation remains attractive at 5.4x forward EV/revenue versus peers, with potential >100% upside if AI-driven growth sustains and margins hold.

PRNewsWire·Oct 29, 2026
Kingsoft Cloud to Report Third Quarter 2026 Financial Results on November 24, 2026

BEIJING, Oct. 29, 2026 /PRNewswire/ -- Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) ("Kingsoft Cloud" or the "Company"), a leading cloud service provider in China, today announced that it will release its unaudited financial results for the third quarter 2026 ended September 30, 2026 before the open of U.S. markets on Tuesday, November 24, 2026. The Company's management will host an earnings conference call on Tuesday, November 24, 2026 at 7:30 am, U.S. Eastern Time (8:30 pm, Beijing/Hong Kong Time on the same day).

PRNewsWire·Oct 19, 2026
Kingsoft Cloud Upgraded to "AAA" in MSCI ESG Rating

BEIJING, Oct. 19, 2026 /PRNewswire/ -- Kingsoft Cloud Holdings Limited ("Kingsoft Cloud" or the "Company") (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in China, is pleased to announce that its Environmental, Social and Governance (ESG) rating by Morgan Stanley Capital International ("MSCI") recently has been upgraded from "AA" to "AAA" (the highest tier), marking its third rating upgrade from 2022 to 2026. This achievement highlights Kingsoft Cloud's continuous commitment to excellence in ESG practices.

Zacks Investment Research·Oct 14, 2026
New Strong Buy Stocks for October 14th

NATL, BGC, CCNE, FRME and UVSP have been added to the Zacks Rank #1 (Strong Buy) List on October 14, 2026.

Filtered for Kingsoft Cloud Holdings LimitedMore Headlines
04

Compare before deciding

Benchmark KC against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Kingsoft Cloud Holdings Limited (KC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
KC logoKCKingsoft Cloud Holdings LimitedCurrent
$8.52$2.52B-28.3322.78%-5.46%-7.02%—
BIDU logoBIDUBaidu, Inc.
$81.87$27.85B-50.94-3.04%-2.9%-1.61%—
BABA logoBABAAlibaba Group Holding Limited
$109.45$255.42B23.992.74%7.04%6.6%1.92%
JD logoJDJD.com, Inc.
$29.11$40.87B18.5512.97%1.12%5.08%3.59%
CAN logoCANCanaan Inc.
$0.19$134.43M-0.4596.69%-67.79%-80.25%—
AMZN logoAMZNAmazon.com, Inc.
$259.30$2.79T21.0312.38%16.9%26.71%—

Compare KC vs Peers

Kingsoft Cloud Holdings Limited (KC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs BIDU

Chinese tech company with cloud services (Baidu AI Cloud), direct China cloud competitor

Scale Benchmark

vs NVDA

Key GPU supplier for cloud AI/ML workloads that Kingsoft Cloud depends on

Peer Set

Compare Top 5

vs BIDU, BABA, JD, CAN

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KC Frequently Asked Questions

Kingsoft Cloud Holdings Limited (KC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Kingsoft Cloud Holdings Limited's revenue?

Kingsoft Cloud Holdings Limited (KC) reported $11.01B in revenue over the trailing twelve months. Revenue was $9.56B in fiscal year 2025. That is 331% more than the $2.22B of fiscal year 2018.

How fast is Kingsoft Cloud Holdings Limited growing?

Kingsoft Cloud Holdings Limited (KC) grew revenue by 30.5% over the trailing twelve months, compared with the twelve months before.

Is KC profitable?

No. Kingsoft Cloud Holdings Limited (KC) reported a net loss of $601.5M over the trailing twelve months.

Dividend & Returns
What is KC's return on equity?

Kingsoft Cloud Holdings Limited (KC) had a return on equity (ROE) of -7.0% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is Kingsoft Cloud Holdings Limited's free cash flow?

Kingsoft Cloud Holdings Limited (KC) generated $1.40B in free cash flow over the trailing twelve months.

What if you invested $1,000 in KC back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →