UBS released a report stating that Kingsoft Cloud's performance in the third quarter exceeded market expectations, thanks to the development of artificial intelligence and support from the Kingsoft ecosystem. With the increase in cloud usage, especially WPS Office and Xiaomi's AI demand in the fields of IoT, smartphones, and electric vehicles, it is expected that Kingsoft Software and Xiaomi's revenue contribution will increase from about 20% in 2024 to over 40% in 2027. UBS has raised its revenue forecast for Kingsoft Cloud from 2024 to 2026 by 3% to 13%, and upgraded its rating from "neutral" to "buy", while also raising its target price for Kingsoft Cloud from $4.2 to $12.5.