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Alibaba Group (BABA) Stock Forecast & Price Target

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$88.28
-0.26 (-0.29%)
(As of 04:26 PM ET)
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Alibaba Group - Analysts' Recommendations 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.

Consensus Rating

Moderate Buy
Based on 15 Analyst Ratings

Consensus Price Target

$109.96
24.56% Upside
High Forecast$135.00
Average Forecast$109.96
Low Forecast$85.00
TypeCurrent Forecast
5/21/23 to 5/20/24		1 Month Ago
4/21/23 to 4/20/24		3 Months Ago
2/20/23 to 2/20/24		1 Year Ago
5/21/22 to 5/21/23
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)
12 Buy rating(s)
14 Buy rating(s)
14 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 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$109.96$112.91$115.44$144.63
Forecasted Upside24.56% Upside43.68% Upside43.79% Upside49.38% Upside

BABA Analyst Recommendations 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 Upside24.20% Upside42.83% Upside7.85% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/16/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$109.00 ➝ $107.00+25.28%
5/16/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$99.00 ➝ $103.00+27.19%
5/15/2024Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$113.00 ➝ $110.00+37.26%
5/15/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$124.00 ➝ $122.00+53.44%
5/15/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$95.00 ➝ $92.00+15.71%
5/15/2024Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy ➝ Buy$118.00+48.41%
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4/9/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$105.00 ➝ $100.00+37.08%
4/9/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingEqual Weight ➝ Equal Weight$85.00+18.52%
2/8/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$121.00 ➝ $105.00+47.14%
2/8/2024Susquehanna
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetPositive ➝ Positive$150.00 ➝ $135.00+87.73%
2/8/2024Macquarie
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeOutperform ➝ Neutral$88.50 ➝ $85.40+15.97%
1/19/2024Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform ➝ Outperform$95.00 ➝ $90.00+29.24%
11/1/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy$120.00 ➝ $127.00+54.99%
10/9/2023HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower Target$142.00 ➝ $135.00+56.87%
8/11/2023DZ Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeHold ➝ Buy$120.00+23.94%
8/11/2023Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetMarket Perform ➝ Market Perform$98.00 ➝ $100.00+0.80%
6/20/2023Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 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 Monday at 05:11 PM ET.

BABA Frequently Asked Questions

What is Alibaba Group's stock forecast and purchase recommendation?

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Alibaba Group is $109.96, with a high forecast of $135.00 and a low forecast of $85.00. The consensus rating for Alibaba Group stock is Moderate Buy based on the current 3 hold ratings and 12 buy ratings for BABA. 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.

Does Alibaba Group's stock price have much upside?

According to analysts, Alibaba Group's stock has a predicted upside of 37.30% based on their 12-month stock forecasts.

What analysts cover Alibaba Group?

Alibaba Group has been rated by research analysts at Bank of America, Barclays, Benchmark, Citigroup, JPMorgan Chase & Co., Mizuho, Morgan Stanley, and Truist Financial in the past 90 days.


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This page (NYSE:BABA) was last updated on 5/20/2024 by MarketBeat.com Staff

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