Core Viewpoint - Kingsoft Cloud (KC.US) saw a pre-market increase of over 5%, reaching $14.83, following a positive report from UBS regarding its second-quarter performance [1] Financial Performance - Kingsoft Cloud reported a second-quarter revenue of 2.349 billion yuan, representing a year-on-year growth of 24.2%, which exceeded UBS's expectations by 1.5% [1] - Revenue from the Xiaomi ecosystem experienced a robust year-on-year growth of 70% during the same period [1] Future Outlook - UBS forecasts that Kingsoft Cloud's revenue growth for the third quarter will accelerate to 31% compared to the same period last year [1] - For the fiscal year 2025, UBS predicts a revenue growth of 22% for Kingsoft Cloud [1] Target Price Adjustment - UBS raised its target price for Kingsoft Cloud from $14 to $16.5 and reiterated a "Buy" rating [1]
美股异动｜金山云盘前涨超5% 绩后获瑞银上调目标价至16.5美元