Kingsoft Cloud Holdings Limited (KC) Tops Q1 EPS by 54c

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Kingsoft Cloud (KC) PT Lowered to $16 at Jefferies

May 28, 2025 12:22 PM EDT

Jefferies analyst Thomas Chong lowered the price target on Kingsoft Cloud (NASDAQ: KC) to $16.00 (from $18.00) while maintaining a Buy rating.

The analyst comments "KC reported 1Q results with revenue and adjusted EBITDA came in below consensus mainly due to seasonality and timing of... More