0352 GMT - Kingsoft Cloud Holdings is set for robust revenue growth, most notably in its public cloud services due to a surge in AI demand, says Deutsche Bank analyst Leo Chiang. Its enterprise cloud services should also expand steadily as demand for software IT services expands. DB projects an 18% revenue CAGR for 2024-2027, with operating profit margins improving from -2.5% in 2025 to 5.4% in 2027. The bank initiates coverage with a buy rating and $21 target price on its ADRs. Kingsoft Cloud's ADRs last closed at $16.34. (jason.chau@wsj.com)
(END) Dow Jones Newswires
September 16, 2025 23:52 ET (03:52 GMT)
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