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S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
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U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
Billionaire Ryan Cohen takes over as CEO at GameStop, adding to chairman role
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Liverpool owner FSG announces minority investment by New York equity firm
3 Reasons Micron is a Buy on Market Weakness
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Nursing Home REITs: The Surprise Heroes of High Yield Investing
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
Billionaire Ryan Cohen takes over as CEO at GameStop, adding to chairman role
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Liverpool owner FSG announces minority investment by New York equity firm
3 Reasons Micron is a Buy on Market Weakness
Top-Rated StocksTop-Rated
NYSE:BABA

Alibaba Group (BABA) Stock Forecast, Price & News

$85.54
-0.66 (-0.77%)
(As of 09/28/2023 ET)
Compare
Today's Range
$84.31
▼
$85.89
50-Day Range
$84.12
▼
$102.17
52-Week Range
$58.01
▼
$121.30
Volume
10.08 million shs
Average Volume
20.39 million shs
Market Capitalization
$219.46 billion
P/E Ratio
18.39
Dividend Yield
N/A
Price Target
$138.64
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Alibaba Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
62.1% Upside
$138.64 Price Target
Short Interest
Healthy
1.86% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.43mentions of Alibaba Group in the last 14 days
Based on 31 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.27%
From $8.20 to $8.96 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Retail/Wholesale Sector

40th out of 210 stocks

Business Services, Not Elsewhere Classified Industry

18th out of 90 stocks

See Top Rated MarketRank™ Stocks Here

BABA stock logo

About Alibaba Group (NYSE:BABA) Stock

Alibaba Group Holding Limited is an eCommerce and Internet technology giant headquartered in the People's Republic of China. Its core platform, Alibaba.com, is the world’s 3rd largest eCommerce platform by sales. The company, through its vast network of subsidiary companies, provides the infrastructure and marketing to help merchants of all sizes develop their brands and to connect with customers in the People's Republic of China and internationally. The company also aids other businesses with a vast array of digital and logistical solutions with a reach that spans the globe.

Alibaba was co-founded by Jack Ma in 1999 when it became clear the Internet and digitization were the future of commerce. Mr. Ma is a billionaire investor, businessman, and philanthropist who believes in an open and free-market economy. The company went public in September 2014 with an IPO on the NYSE. The IPO set a record with its valuation of $25 billion and the company is now worth more than $225 billion and ranked among the 10 most valuable companies by market cap. Alibaba is also ranked 5th largest globally in regards to its work in AI, and it owns the world's largest B2B, B2C, and C2C eCommerce portals. In 2022, Alibaba’s Singles Day event brought in $139 billion to set a new one-day record.

The principal purpose of Alibaba Group Holding Limited is to open the Chinese market and connect it to the world. The company operates through seven segments including China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

The company’s eCommerce platforms include Taobao Marketplace, Tmall, Alimama, 1688.com, Alibaba.com, Aliexpress, Lazada, Trendyol, and Daraz. Taobao Marketplace is a social-media eCommerce platform while Alimama is a monetization platform for entrepreneurs. 1688.com and Alibaba.com are wholesale marketplaces where individuals and businesses can connect with bulk items and the remainder are eCommerce retail platforms and search engines targeting specific markets. In addition, the company also operated a retail chain called Freshippo and Tmall Global which is an import platform for eCommerce.

Other digital services provided by Alibaba include Taoxianda, which is a digital integration service for FMCG goods and grocery retailers, and Cainiao Network which is a logistical services platform complemented by Ele.me, a delivery and services platform.

Alibaba also supports the infrastructure of the Internet with a range of products and services that include computing, storage, network, security, database, big data, and IoT connectivity. This segment includes a suite of cloud-based services such as Alibaba Pictures and content platforms that provide streaming media.

BABA Price History

BABA Stock News Headlines

September 25, 2023 | marketbeat.com
This May Have Ended Alibaba's Winter, But Is It Time To Buy? (BABA)
Institutional investors are getting excited about investing in China, making Alibaba the top choice across these potential investments.
September 12, 2023 | marketbeat.com
Ray Dalio's Move into 3 Stocks, All Betting on One Thing (BABA)
As China's economy looks to rebound back from its dark lows, this massive hedge fund placed new bets on what can outperform, take a look before piggybacking
September 29, 2023 | Micro-Cap Stock Trader (Ad)
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
September 6, 2023 | marketbeat.com
The 3 Stocks To Play China's Return To Travel (BABA)
China's travel industry is beginning to bounce on initial government stimulus measures, these three stocks are the market's favorite play to enjoy a new ride
September 28, 2023 | msn.com
Alibaba’s Taobao and Tmall chief Dai steps away from roles at subsidiaries to focus on core e-commerce business: reports
September 27, 2023 | finance.yahoo.com
2 'Recovery Stocks' to Consider in October
September 27, 2023 | benzinga.com
Analysts Say Alibaba's Lackluster Share Price Could Double In Face Of Company's Rising Earnings And Deal Driven Strategy
September 26, 2023 | stocknews.com
3 Top Rated China Stocks Catching Investors' Attention
September 29, 2023 | Micro-Cap Stock Trader (Ad)
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
September 26, 2023 | msn.com
Alibaba continues plans for value unlock as it seeks spinoff of logistics unit
September 26, 2023 | finance.yahoo.com
Alibaba’s Logistics Arm Files for $1 Billion-Plus IPO
September 26, 2023 | seekingalpha.com
Alibaba: Smooth Spinoff Can Unleash A Bull Run
September 26, 2023 | benzinga.com
Alibaba's Latest Spinoff - What's Going On?
September 26, 2023 | finance.yahoo.com
Alibaba Pushes Ahead With Plans to List its Cainiao Logistics Arm
September 26, 2023 | americanbankingnews.com
Brokerages Set Alibaba Group Holding Limited (NYSE:BABA) PT at $138.64
September 26, 2023 | americanbankingnews.com
Alibaba Group Holding Limited (NYSE:BABA) Receives Consensus Rating of "Buy" from Analysts
September 26, 2023 | finance.yahoo.com
China's economy shows signs of recovery amid stimulus measures
September 25, 2023 | finance.yahoo.com
China's Economy Is Healing Sooner Than Expected. 2 Stocks to Play the Recovery.
September 24, 2023 | americanbankingnews.com
Alibaba Group (NYSE:BABA) Shares Gap Up to $84.11
September 22, 2023 | msn.com
Alibaba's shipping subsidiary Cainiao gears up for Hong Kong IPO, shares surge
September 22, 2023 | finanznachrichten.de
Alibaba Group: How One Food-Delivery App Cut Single-Use Plastic With a Tweak
September 22, 2023 | finance.yahoo.com
Alibaba Group Holding (BABA): A Closer Look at Its Intrinsic Value
September 22, 2023 | finance.yahoo.com
Why Alibaba Stock Was Up on Friday
September 22, 2023 | msn.com
Alibaba's logistics unit Cainiao plans to raise at least $1B via Hong Kong IPO - report
September 22, 2023 | msn.com
Alibaba’s Cainiao Plans to Raise At Least $1 Billion in Hong Kong IPO Soon
September 22, 2023 | finance.yahoo.com
Alibaba’s Cainiao Plans to Raise At Least $1 Billion in Hong Kong IPO Soon
September 22, 2023 | finance.yahoo.com
Second Venture-Capital Firm Is Splitting Up Amid U.S.-China Tensions
See More Headlines
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BABA Company Calendar

Last Earnings
8/10/2023
Today
9/29/2023
Next Earnings (Estimated)
11/16/2023
Fiscal Year End
3/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Sector
Retail/Wholesale
Current Symbol
NYSE:BABA
CUSIP
N/A
CIK
1577552
Web
www.alibabagroup.com
Phone
8657185022088
Fax
86-571-8526-9066
Employees
235,216
Year Founded
1999

Price Target and Rating

Average Stock Price Forecast
$138.64
High Stock Price Forecast
$180.00
Low Stock Price Forecast
$100.00
Forecasted Upside/Downside
+62.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
15 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$4.65
Trailing P/E Ratio
18.39
Forward P/E Ratio
10.43
P/E Growth
N/A
Net Income
$10.60 billion
Net Margins
9.45%
Pretax Margin
10.67%
Return on Equity
12.55%
Return on Assets
7.92%

Debt

Debt-to-Equity Ratio
0.14
Current Ratio
1.92
Quick Ratio
1.92

Sales & Book Value

Annual Sales
$897.29 billion
Price / Sales
0.24
Cash Flow
$8.91 per share
Price / Cash Flow
9.60
Book Value
$61.20 per share
Price / Book
1.40

Miscellaneous

Outstanding Shares
2,565,752,000
Free Float
2,245,033,000
Market Cap
$219.46 billion
Optionable
Optionable
Beta
0.70

Social Links

A Guide To High-Short-Interest Stocks Cover
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MarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

  • Mr. Joseph C. Tsai (Age 59)
    Chairman of Cainiao Smart Logistics Network Limited & Exec. Vice Chairman
  • Mr. Yong ZhangMr. Yong Zhang (Age 51)
    CEO, Exec. Chairman and Chairman & Chief Exec. Officer of Cloud Intelligence Group
  • Mr. J. Michael Evans (Age 65)
    Pres, Chairman of Alibaba International Digital Commerce Group & Director
  • Mr. Hong Xu (Age 50)
    Chief Financial Officer
  • Ms. Joan Zhou
    Investment Director
  • Mr. Yuen Jen Yao
    Sr. VP & Head of Corp. Fin.
  • Mr. Zeming Wu (Age 43)
    Chief Technology Officer
  • Mr. Robert Lin
    Investor Relations
  • Ms. Siying Yu (Age 49)
    Gen. Counsel
  • Ms. Jane Jiang
    Chief People Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













BABA Stock - Frequently Asked Questions

Should I buy or sell Alibaba Group stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alibaba Group in the last twelve months. There are currently 1 hold rating, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BABA shares.
View BABA analyst ratings or view top-rated stocks.

What is Alibaba Group's stock price forecast for 2023?

15 analysts have issued 1 year target prices for Alibaba Group's shares. Their BABA share price forecasts range from $100.00 to $180.00. On average, they predict the company's stock price to reach $138.64 in the next twelve months. This suggests a possible upside of 62.1% from the stock's current price.
View analysts price targets for BABA or view top-rated stocks among Wall Street analysts.

How have BABA shares performed in 2023?

Alibaba Group's stock was trading at $88.09 on January 1st, 2023. Since then, BABA shares have decreased by 2.9% and is now trading at $85.5350.
View the best growth stocks for 2023 here.

Are investors shorting Alibaba Group?

Alibaba Group saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 44,600,000 shares, an increase of 8.1% from the August 31st total of 41,260,000 shares. Based on an average trading volume of 16,720,000 shares, the days-to-cover ratio is presently 2.7 days. Currently, 1.9% of the company's stock are sold short.
View Alibaba Group's Short Interest.

When is Alibaba Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our BABA earnings forecast.

How were Alibaba Group's earnings last quarter?

Alibaba Group Holding Limited (NYSE:BABA) issued its quarterly earnings data on Thursday, August, 10th. The specialty retailer reported $17.37 earnings per share for the quarter, beating analysts' consensus estimates of $14.59 by $2.78. The specialty retailer had revenue of $234.16 billion for the quarter, compared to analyst estimates of $224.75 billion. Alibaba Group had a net margin of 9.45% and a trailing twelve-month return on equity of 12.55%. The business's revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.40 earnings per share.

What ETFs hold Alibaba Group's stock?

ETFs with the largest weight of Alibaba Group (NYSE:BABA) stock in their portfolio include ProShares Online Retail ETF (ONLN), ProShares Long Online/Short Stores ETF (CLIX), Global X Emerging Markets Internet & Ecommerce ETF (EWEB), Invesco Golden Dragon China ETF (PGJ), First Trust International IPO ETF (FPXI), Columbia Emerging Markets Consumer ETF (ECON), FlexShares ESG & Climate Emerging Markets Core Index Fund (FEEM) and Global X Emerging Markets ETF (EMM).

What is Daniel Yong Zhang's approval rating as Alibaba Group's CEO?

173 employees have rated Alibaba Group Chief Executive Officer Daniel Yong Zhang on Glassdoor.com. Daniel Yong Zhang has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Alibaba Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alibaba Group investors own include NVIDIA (NVDA), Micron Technology (MU), General Electric (GE), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS), PayPal (PYPL), Advanced Micro Devices (AMD) and Salesforce (CRM).

What is Alibaba Group's stock symbol?

Alibaba Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BABA."

How do I buy shares of Alibaba Group?

Shares of BABA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Alibaba Group's stock price today?

One share of BABA stock can currently be purchased for approximately $85.54.

How much money does Alibaba Group make?

Alibaba Group (NYSE:BABA) has a market capitalization of $219.46 billion and generates $897.29 billion in revenue each year. The specialty retailer earns $10.60 billion in net income (profit) each year or $4.65 on an earnings per share basis.

How many employees does Alibaba Group have?

The company employs 235,216 workers across the globe.

Does Alibaba Group have any subsidiaries?
The following companies are subsidiares of Alibaba Group: Ali CN Investment Holding, Ali CV Investment Holding, Ali Fortune Investment Holding, Ali Panini Investment Holding, Ali UC Investment Holding, Ali WB Investment Holding, Ali YK Investment Holding, Alibaba (Chengdu) Software Technology, Alibaba (China), Alibaba (China) Technology, Alibaba Cloud, Alibaba Group Properties, Alibaba Group Services, Alibaba Group Treasury, Alibaba Investment, Alibaba Singapore Holding Private, Alibaba.com, Alibaba.com China, Alibaba.com International (Cayman) Holding, Alibaba.com International Holding, Alibaba.com Investment Holding, Alibaba.com Singapore E-Commerce, Alimama China Holding, Alimama Investment Holding, Alimama Limited, Alisoft China Holding, Alisoft Holding, Alisoft Investment Holding, AutoNavi Holdings, C-SKY Microsystems, Cainiao Logistics, Daraz, Ele.me, Hangzhou Ali Technology, Hangzhou Ali Venture Capital, Hangzhou Alibaba Advertising, Hangzhou Alimama Software Services, Hangzhou Alimama Technology, Hangzhou Meitou Information Technology, IDsManager, Infinity AR, Intime Retail, Intime Retail (Group), Kaola, Lazada Group, Perfect Advance Holding, Shen Zhen OneTouch Business Service, Taobao (China) Software, Taobao China Holding, Taobao Holding, Teambition, Trendyol, Ververica, Ververica, Visualead, Zhejiang Alibaba Cloud Computing, Zhejiang Taobao Network, Zhejiang Tmall Network, and Zhejiang Tmall Technology.
Read More
How can I contact Alibaba Group?

Alibaba Group's mailing address is 26/F TOWER ONE TIMES SQUARE 1 MATHESON ST. CAUSEWAY BAY, Hong Kong K3, . The official website for the company is www.alibabagroup.com. The specialty retailer can be reached via phone at 8657185022088, via email at investor@alibaba-inc.com, or via fax at 86-571-8526-9066.

This page (NYSE:BABA) was last updated on 9/29/2023 by MarketBeat.com Staff

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