Core Viewpoint - Kingsoft Cloud (KC.US) has shown impressive growth, with Q4 revenue reaching 2.23 billion yuan, a year-on-year increase of 30%, and has achieved overall profitability. The AI revenue has surged by 500% year-on-year, indicating a strong future growth trajectory for the company [1][2]. Group 1 - The strong growth in AI revenue is expected to drive Kingsoft Cloud's future performance, with institutions optimistic about its development [1][2]. - Kingsoft Cloud's partnership with Xiaomi and the framework agreement is projected to generate a total revenue of 11.3 billion yuan from 2025 to 2027 [1]. - The demand for computing power is increasing across various industries, driven by the deployment of large models, which will further enhance Kingsoft Cloud's growth prospects [1]. Group 2 - The anticipated increase in transaction amounts from Xiaomi's AIoT division is expected to exceed 50% in 2024, contributing over 500 million yuan annually to Kingsoft Cloud from 2025 to 2027 [2]. - Analysts predict that Kingsoft Cloud's AI business revenue will expand rapidly, while the non-AI business structure will stabilize [2]. - Citigroup has raised Kingsoft Cloud's target price to $21.5, indicating a potential upside of nearly 40% from the current stock price, reflecting a positive outlook for the company [2].
机构密集看好金山云(KC.US) 称其未来收入规模有望超百亿元