S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom

Alibaba Group (BABA) Stock Forecast & Price Target

$68.82
-0.80 (-1.15%)
(As of 04/17/2024 ET)

Alibaba Group Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 15 Analyst Ratings

Analysts' Consensus Price Target

$112.91
64.07% Upside
High Forecast$136.00
Average Forecast$112.91
Low Forecast$85.00
TypeCurrent Forecast
4/19/23 to 4/18/24
1 Month Ago
3/20/23 to 3/19/24
3 Months Ago
1/19/23 to 1/19/24
1 Year Ago
4/19/22 to 4/19/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
12 Buy rating(s)
13 Buy rating(s)
13 Buy rating(s)
14 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$112.91$115.44$119.80$149.40
Predicted Upside64.07% Upside43.79% Upside46.51% Upside50.34% Upside
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BABA Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BABA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Alibaba Group Stock vs. The Competition

TypeAlibaba GroupRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.80
2.41
2.49
Consensus RatingModerate BuyHoldHold
Predicted Upside64.07% Upside62.69% Upside12.24% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/10/2024Citigroup
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 Lower TargetBuy ➝ Buy$126.00 ➝ $124.00+66.91%
4/10/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$118.00+61.67%
4/9/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$105.00 ➝ $100.00+37.08%
4/9/2024Morgan Stanley
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 Reiterated RatingEqual Weight ➝ Equal Weight$85.00+18.52%
3/27/2024Mizuho
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 Reiterated RatingBuy ➝ Buy$95.00+33.26%
2/8/2024The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$121.00 ➝ $105.00+47.14%
2/8/2024Susquehanna
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 Lower TargetPositive ➝ Positive$150.00 ➝ $135.00+87.73%
2/8/2024Macquarie
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 DowngradeOutperform ➝ Neutral$88.50 ➝ $85.40+15.97%
1/19/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$95.00 ➝ $90.00+29.24%
1/12/2024Barclays
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 Lower TargetOverweight ➝ Overweight$138.00 ➝ $109.00+50.61%
11/17/2023Truist Financial
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 Lower TargetBuy ➝ Buy$126.00 ➝ $120.00+53.98%
11/1/2023UBS Group
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 Reiterated RatingBuy$120.00 ➝ $127.00+54.99%
10/10/2023Bank of America
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 Lower Target$142.00 ➝ $136.00+60.28%
10/9/2023HSBC
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 Lower Target$142.00 ➝ $135.00+56.87%
8/11/2023DZ Bank
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 UpgradeHold ➝ Buy$120.00+23.94%
8/11/2023Sanford C. Bernstein
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 Boost TargetMarket Perform ➝ Market Perform$98.00 ➝ $100.00+0.80%
6/20/2023Loop Capital
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 Boost Target$130.00 ➝ $135.00+52.68%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:12 AM ET.

BABA Price Target - Frequently Asked Questions

What is Alibaba Group's consensus rating and price target?

According to the issued ratings of 15 analysts in the last year, the consensus rating for Alibaba Group stock is Moderate Buy based on the current 3 hold ratings and 12 buy ratings for BABA. The average twelve-month price prediction for Alibaba Group is $112.91 with a high price target of $136.00 and a low price target of $85.00. Learn more on BABA's analyst rating history.

Do Wall Street analysts like Alibaba Group more than its competitors?

Analysts like Alibaba Group more than other Retail/Wholesale companies. The consensus rating for Alibaba Group is Moderate Buy while the average consensus rating for retail/wholesale companies is Hold. Learn more on how BABA compares to other companies.

Is Alibaba Group being downgraded by Wall Street analysts?

Over the previous 90 days, Alibaba Group's stock had 1 downgrade by analysts.

Does Alibaba Group's stock price have much upside?

According to analysts, Alibaba Group's stock has a predicted upside of 43.68% based on their 12-month stock forecasts.

What analysts cover Alibaba Group?

Stock Ratings Reports and Tools

This page (NYSE:BABA) was last updated on 4/18/2024 by MarketBeat.com Staff

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