NYSE:BABA

Alibaba Group (BABA) Stock Forecast, Price & News

$84.12

-1.62 (-1.89%)

(As of 09/21/2023 ET)

Compare

Today's Range: $83.78
▼
$84.77
50-Day Range: $85.74
▼
$102.17
52-Week Range: $58.01
▼
$121.30

Volume: 10.62 million shs
Average Volume: 20.62 million shs
Market Capitalization: $215.83 billion

P/E Ratio: 18.09
Dividend Yield: N/A
Price Target: $138.64

Alibaba Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 64.8% Upside
$138.64 Price Target
Short Interest: Healthy
1.72% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.52
Based on 18 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.

2.70 out of 5 stars

Retail/Wholesale Sector

49th out of 200 stocks

Business Services, Not Elsewhere Classified Industry

20th out of 87 stocks

4.5

Analyst's Opinion

Consensus Rating
Alibaba Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 13 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $138.64, Alibaba Group has a forecasted upside of 64.8% from its current price of $84.12.
Amount of Analyst Coverage
Alibaba Group has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.72% of the float of Alibaba Group has been sold short.
Short Interest Ratio / Days to Cover
Alibaba Group has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Alibaba Group has recently increased by 7.48%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Alibaba Group does not currently pay a dividend.
Dividend Growth
Alibaba Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BABA.

2.0

News and Social Media Coverage

News Sentiment
Alibaba Group has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 18 news articles for Alibaba Group this week, compared to 30 articles on an average week.
Search Interest
Only 186 people have searched for BABA on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.
MarketBeat Follows
93 people have added Alibaba Group to their MarketBeat watchlist in the last 30 days. This is an increase of 15% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Alibaba Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
12.50% of the stock of Alibaba Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 14.22% of the stock of Alibaba Group is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Alibaba Group are expected to grow by 9.27% in the coming year, from $8.20 to $8.96 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Alibaba Group is 18.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Alibaba Group is 18.09, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 24.93.
Price to Book Value per Share Ratio
Alibaba Group has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

BABA Stock News Headlines

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 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 22, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.

August 28, 2023 | marketbeat.com

5 Computer Vision Stocks with a Clear Path to Growth (BABA)

Computer vision stocks stand to gain from AI 2.0: the widespread embedding of AI technology, including automotive, IoT, and consumer products.

August 23, 2023 | marketbeat.com

6 Best Online and Direct Marketing Retail Stocks to Invest in (BABA)

Online retail stocks offer ways to invest in internet-based retail stores. Learn more about the best online retail stocks to invest in on MarketBeat.

September 21, 2023 | msn.com

Alibaba: Red Dragon Turns Green, Time To Buy

September 20, 2023 | finance.yahoo.com

Alibaba: A Global Powerhouse

September 20, 2023 | finance.yahoo.com

Why Chinese Tech Stocks Are Falling

September 22, 2023 | Legacy Research (Ad)

ATTENTION: Digital Dollar Could Send this $0.25 Play Skyrocketing

In just a few days, the U.S. government could announce this mandatory recall on the U.S. dollar… And replace it with a new digital dollar. And that could send this $0.25 alternative investment skyrocketing.

September 20, 2023 | finance.yahoo.com

Boeing Raises Long-Term China Forecast. Freight Growth Is Bullish for Alibaba.

September 20, 2023 | msn.com

Alibaba Pictures acquires concert producer Damai as it eyes offline, live entertainment business

September 20, 2023 | msn.com

Alibaba Pictures to Pay $167 Million for Damai, Chinese Live Events Firm, Signaling Group’s Entertainment Reshuffle

September 19, 2023 | reuters.com

Alibaba tells Erdogan it plans to invest $2 billion in Turkey

September 19, 2023 | msn.com

Is Alibaba Stock a No-Brainer Buy?

September 19, 2023 | finance.yahoo.com

U.S. Business Confidence Hits Record Low in China. Days of Outperformance May Be Over.

September 19, 2023 | finance.yahoo.com

Zacks Investment Ideas feature highlights: Caterpillar, Alibaba and Aflac

September 15, 2023 | seekingalpha.com

Alibaba Group: Not Just The Drama That Keeps Me Away From Investing

September 15, 2023 | finance.yahoo.com

Alibaba Group Holding Limited: Alibaba, JD, PDD: August China Retail Sales Growth Accelerated; Online Consumption In Line

September 15, 2023 | finance.yahoo.com

Alibaba, JD.com Show the Jury Is Still Out on China’s Economy Amid Strong Data

September 14, 2023 | seekingalpha.com

Alibaba Is Back In The Buy Zone

September 14, 2023 | finance.yahoo.com

3 Red Flags for Alibaba's Future

September 13, 2023 | marketwatch.com

Alibaba Introduces Its AI Model to Public

September 13, 2023 | msn.com

Alibaba to make AI available to the public, one day

September 13, 2023 | barrons.com

Alibaba to Make Its AI Model Public, But Its Cloud Spinoff Still Seems Far Off

September 13, 2023 | msn.com

As Alibaba’s Stock Slides, Employee No. 52 Still Believes In Its “Tao”

September 13, 2023 | seekingalpha.com

Avoid Alibaba, One Of The Weakest Momentum Picks In Big Tech

September 13, 2023 | finance.yahoo.com

Some Chinese Stocks Are a Real Bargain Now. Alibaba Is One of Them.

See More Headlines

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BABA Company Calendar

Last Earnings: 8/10/2023
Today: 9/21/2023
Next Earnings (Estimated): 11/16/2023
Fiscal Year End: 3/31/2024

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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: +64.8%
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: 18.09
Forward P/E Ratio: 10.26
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: $126.49 billion
Price / Sales: 1.71
Cash Flow: $8.65 per share
Price / Cash Flow: 9.73
Book Value: $61.20 per share
Price / Book: 1.37

Miscellaneous

Outstanding Shares: 2,565,750,000
Free Float: 2,245,033,000
Market Cap: $215.83 billion
Optionable: Optionable
Beta: 0.70

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Key Executives

Mr. Joseph C. Tsai (Age 59)
Chairman of Cainiao Smart Logistics Network Limited & Exec. Vice Chairman

Mr. 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 Wall Street analysts have issued 12-month target prices for Alibaba Group's stock. Their BABA share price forecasts range from $100.00 to $180.00. On average, they expect the company's share price to reach $138.64 in the next year. This suggests a possible upside of 64.8% 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 at the beginning of the year. Since then, BABA stock has decreased by 4.5% and is now trading at $84.12.
View the best growth stocks for 2023 here.
Are investors shorting Alibaba Group?: Alibaba Group saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 41,260,000 shares, an increase of 7.5% from the August 15th total of 38,390,000 shares. Based on an average trading volume of 17,780,000 shares, the short-interest ratio is currently 2.3 days. Currently, 1.7% of the shares of the 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 earnings results on Thursday, August, 10th. The specialty retailer reported $17.37 EPS for the quarter, topping the consensus estimate 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 trailing twelve-month return on equity of 12.55% and a net margin of 9.45%. The firm's revenue was up 13.9% on a year-over-year basis. During the same period in the previous year, the company posted $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."
Who are Alibaba Group's major shareholders?: Alibaba Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Citadel Advisors LLC (0.00%), BlackRock Inc. (0.20%), Goldman Sachs Group Inc. (0.00%), Dimensional Fund Advisors LP (0.15%), Fisher Asset Management LLC (0.15%) and Lazard Asset Management LLC (0.14%).
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 $84.12.
How much money does Alibaba Group make?: Alibaba Group (NYSE:BABA) has a market capitalization of $215.83 billion and generates $126.49 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 9/22/2023 by MarketBeat.com Staff

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Alibaba Group (BABA) Stock Forecast, Price & News

Alibaba Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Alibaba Group (NYSE:BABA) Stock

BABA Price History

BABA Stock News Headlines

BABA Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

BABA Stock - Frequently Asked Questions

Overall MarketRank^™