Kingsoft Cloud's stock rose nearly 8% to $16.65. On the news front, Goldman Sachs released a research report indicating that Kingsoft Cloud's Q4 2024 financial report significantly exceeded expectations, with a year-on-year revenue growth of 30%, surpassing both market consensus and Goldman Sachs' forecast by 6%. This was mainly driven by strong growth in artificial intelligence cloud business revenue, as well as higher-than-expected revenue from related parties Xiaomi and Kingsoft Software. The firm raised its target price from $13.7 to $15.6 and increased its revenue and EBITDA forecasts for 2025 to 2027. Additionally, Citigroup raised Kingsoft Cloud's target price to $21.5, maintaining a "Buy" rating, expecting that the public cloud business will be the main driver of revenue growth this year, with most of the new revenue coming from AI-related demand. Similarly, Jefferies raised Kingsoft Cloud's target price from $20.5 to $23.5, maintaining an "Outperform" rating, optimistic about the company's AI-supported revenue growth