Q: What is Kingsoft Cloud Holdings Ltd 2024/Q1 Earnings Preview?
TigerGPT Answer: 【Forecast Data】
For Kingsoft Cloud Holdings Ltd (symbol: KC), the financial forecast data for this quarter includes:
- Earnings Per Share (EPS): -1.02 CNY
- Total Revenue: 1,763,317,000.00 CNY
- EBIT: -222,934,500.00 CNY
Compared to the same period last year:
- EPS has improved by 43.33% (from -1.80 CNY)
- Total Revenue has decreased by 5.43% (from 1,864,400,000.00 CNY)
- EBIT has improved by 44.48% (from -401,515,000.00 CNY)
The improvement in EPS and EBIT suggests that the company has managed to reduce its losses, which could be a sign of operational efficiency or cost management. However, the decrease in total revenue indicates that the company might be facing challenges in growing its sales or market share.
【Quarterly Important News】
Key news over the past quarter includes:
- Lei Jun's live broadcast of driving from Shanghai to Hangzhou, which attracted 20 million viewers. This event could have increased brand visibility and potentially boosted consumer interest in the company's products.
- Sales performance of smart cars associated with Lei Jun and Xiaomi has been mixed, with some models experiencing declining sales. This could impact the company's future revenue and market positioning in the automotive sector.
- A significant sales agreement with JD.com, aiming for a 200 billion CNY sales target over three years. This partnership could be a strong driver for future revenue growth.
These events are likely to have a mixed impact on the financial report and future development, with the partnership with JD.com being a particularly positive indicator for sales growth.
【Forecast Viewpoints】
Current viewpoints on the company's financial report are not provided in the data. Therefore, no reference links can be given.
【Stock Trend Analysis】
Over the past quarter, Kingsoft Cloud Holdings Ltd's stock price has decreased by 19.58%. The support level is at 3.6 USD, and the resistance level was at 3.41 USD as of May 17, 2024. The latest price is also 3.6 USD. This suggests that the stock is currently trading at its support level, indicating a potential consolidation phase or a possible reversal if the support holds.
【Options Large Order Analysis】
There is no options bulk order data provided, so no analysis can be made regarding the sentiment of options traders towards the company's financial report.
【Analyst Ratings and Target Price Forecast】
Analysts have given a range of recommendations, with 3 recommending, 4 buying, and 4 holding, while 1 is underperforming. The mean target price is 4.37955 USD, with a low of 2.58 USD and a high of 6.2 USD. This suggests that analysts have a moderately positive outlook on the stock, with the current price being below the mean target price, indicating that the stock may be undervalued.
【Comprehensive Conclusion】
Kingsoft Cloud Holdings Ltd has shown improvement in its EPS and EBIT, indicating better financial management, but faces challenges in revenue growth. The partnership with JD.com is a positive development that could drive future sales. The stock is currently trading at its support level, and analyst ratings suggest it may be undervalued. The company's future performance will likely depend on its ability to capitalize on its strategic partnerships and improve its sales figures.
Disclaimer: The above content is generated by the AI robot TigerGPT and does not represent any personal views. The content is for reference only and does not constitute any investment advice.
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