Jefferies Raises its Price Target on Kingsoft Cloud Holdings (KC) to $19

Kingsoft Cloud Holdings Limited (NASDAQ:KC) is one of the 7 Best Strong Buy Asian Stocks to Invest In. On March 26, 2026, Jefferies analyst Thomas Chong raised the price target on Kingsoft Cloud Holdings Limited (NASDAQ:KC) to $19 from $17 previously and maintained a Buy rating on the shares. Thomas Chong said Q4 revenue and non-GAAP EBITDA came in ahead of expectations, and expects the company to serve key accounts while operating as a neutral platform across different model providers. Thomas Chong added that Kingsoft Cloud Holdings Limited (NASDAQ:KC) is positioned to benefit from rising AI consumption.

On March 25, 2026, Kingsoft Cloud Holdings Limited (NASDAQ:KC) reported fourth-quarter EPS of (RMB0.04) compared to (RMB0.05) last year, with revenue of RMB2.761B versus RMB2.232B a year ago. Chief Executive Officer Tao Zou said the company delivered a “strong quarter” with record results, noting AI-related gross billing grew 95% year over year and highlighting continued demand for intelligent computing into 2026.

Jefferies Raises its Price Target on Kingsoft Cloud Holdings (KC) to $19

Kingsoft Cloud Holdings Limited (NASDAQ:KC) provides cloud infrastructure, platform, and software services along with enterprise digital solutions.

While we acknowledge the risk and potential of KC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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