Zacks upgrades Kingsoft Cloud stock to Strong Buy with USD 16.67 consensus target

Published on 10/17/2026 at 18:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Its high was USD 18.52 on October 16, 2026. Kingsoft Cloud stock stood at USD 8.47 on October 16, 2026, down 4.19 percent versus Nasdaq's October 15, 2026 close.

Analyst upgrade and valuation

Zacks Research moved its Kingsoft Cloud rating from Hold to Strong Buy on October 15, 2026, while the consensus target was USD 16.67.
First-quarter 2026 revenue reached CNY 2.70 billion, while net loss stood at CNY 343.8 million.
Kingsoft Cloud stock stood at USD 8.47 at 4:00 p.m. ET on October 16, 2026, minus 4.19 percent versus the Nasdaq close of October 15, 2026.
Kingsoft Cloud was listed with an estimated next earnings date of November 18, 2026.

KC, US49639K1016, Illustration mit AI erstellt.

Zacks Research upgraded Kingsoft Cloud from Hold to Strong Buy in a note dated October 15, 2026. The six-analyst consensus target stood at USD 16.67, or 96.93 percent above the USD 8.47 Nasdaq price, according to MarketBeat. Kingsoft Cloud last traded at USD 8.47 on October 16, 2026 at 4:00 p.m. ET, minus 4.19 percent versus the Nasdaq close of October 15, 2026.

Zacks upgrade and target

The rating change adds a fresh valuation reference after a volatile month for the cloud provider. MarketBeat reported that the consensus included one Strong Buy, four Buy ratings and one Sell rating, with the average target at USD 16.67 on October 15, 2026. The target is 96.93 percent above the last Nasdaq price, a wide gap that leaves the rating mix important for interpreting the number.

First-quarter revenue reached CNY 2.70 billion

Kingsoft Cloud's first-quarter 2026 revenue rose 37.20 percent year over year to CNY 2.70 billion, while net loss reached CNY 343.8 million, according to Simply Wall St. The revenue growth and the continuing loss point in opposite directions: scale is expanding, but earnings conversion remains the central financial question.

The 52-week range spans USD 8.35 to USD 18.52

The October 16, 2026 Nasdaq price sat USD 0.12 above the 52-week low and USD 10.05 below the 52-week high. Trading volume was 1,028,450 shares, compared with an average volume of 1,375,737 shares. The market capitalization was USD 2.5 billion, while the price-to-earnings ratio was minus 6.24.

Valuation and November date

Kingsoft Cloud's next earnings date was listed as November 18, 2026, as an estimate by AIStockWire. The company is listed on Nasdaq and provides cloud infrastructure, platform services and industry-specific solutions. Its valuation remains tied to whether revenue growth can narrow the gap between operating scale and net income.

Comparison with peers

Kingsoft Cloud (NASDAQ, USD): minus 4.19 percent, P/E minus 6.24, market capitalization USD 2.5 billion.
GDS Holdings (NASDAQ, USD): minus 8.85 percent, P/E 11.98, market capitalization USD 4.5 billion.
VNET Group (NASDAQ, USD): minus 10.91 percent, P/E minus 2.96, market capitalization USD 1.1 billion.

Price and valuation frame

The October 16, 2026 move placed Kingsoft Cloud near the bottom of its annual range, while the analyst consensus target remained well above the Nasdaq quotation. For investors, the key tension is measurable: revenue expanded 37.20 percent in the first quarter of 2026, but the company still reported a CNY 343.8 million net loss.

Kingsoft Cloud last stood at USD 8.47 on October 16, 2026 at 4:00 p.m. ET on Nasdaq, minus 4.19 percent versus the Nasdaq close of October 15, 2026.