- A company, which is speculated to be Kingsoft Cloud's largest customer, is reported to be entering the cloud computing services market, and this is a potential headwind for the company.
- Kingsoft Cloud's revenue growth in the most recent quarter also did not meet market expectations, as its core public cloud services business was affected by regulatory headwinds for its clients.
- Kingsoft Cloud is currently valued by the market at consensus forward FY 2021 and FY 2022 Enterprise Value-to-Revenue multiples of 4.2 times and 2.8 times, respectively.
For further details see:
Kingsoft Cloud: All Eyes On Recent Stock Price Weakness