Stock Track | Kingsoft Cloud Soars 5.54% in Pre-Market on Goldman Sachs Upgrade and Xiaomi AI Investment Boost

Stock Track

Feb 12

Kingsoft Cloud Holdings Ltd (KC) saw its shares surge 5.54% during pre-market trading on Thursday, marking a significant upward movement.

The rally follows an analyst upgrade from Goldman Sachs, which raised its rating on Kingsoft Cloud to buy from neutral and increased its price target to $15.60 from $14.20. Such upgrades typically signal improved confidence in the company's future prospects and can attract investor buying interest.

Additionally, a Goldman Sachs research report highlighted that Xiaomi plans to invest approximately RMB 10 billion in artificial intelligence by 2026, with Kingsoft Cloud expected to be a primary beneficiary. The report also noted that Kingsoft Cloud is anticipated to update its connected transaction agreement with Xiaomi by mid-year, potentially raising the revenue cap from Xiaomi by 10% to 15% for 2026-2027, further bolstering investor optimism.

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Such upgrades typically signal improved confidence in the company's future prospects and can attract investor buying interest.</p><p>Additionally, a Goldman Sachs research report highlighted that Xiaomi plans to invest approximately RMB 10 billion in artificial intelligence by 2026, with Kingsoft Cloud expected to be a primary beneficiary. The report also noted that Kingsoft Cloud is anticipated to update its connected transaction agreement with Xiaomi by mid-year, potentially raising the revenue cap from Xiaomi by 10% to 15% for 2026-2027, further bolstering investor optimism.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KC","symbol_name":"金山云","start_time":0,"source_url":"","article_id":"1156449111","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1156449111","pubTimestamp":1770901432,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Kingsoft Cloud Holdings Ltd (KC) saw its shares surge 5.54% during pre-market trading on Thursday, marking a significant upward movement.The rally follows an analyst upgrade from Goldman Sachs, which...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"KC":"金山云"},"translate_title":"个股赛道|高盛升级、小米AI投资提振金山云盘前大涨5.54%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KC":1},"content_text":"Kingsoft Cloud Holdings Ltd (KC) saw its shares surge 5.54% during pre-market trading on Thursday, marking a significant upward movement.The rally follows an analyst upgrade from Goldman Sachs, which raised its rating on Kingsoft Cloud to buy from neutral and increased its price target to $15.60 from $14.20. 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