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NYSE:BABA

Alibaba Group (BABA) Stock Price, News & Analysis

$86.22
-2.06 (-2.33%)
(As of 03:58 PM ET)
Today's Range
$85.32
$87.17
50-Day Range
$68.82
$88.56
52-Week Range
$66.63
$102.50
Volume
15.35 million shs
Average Volume
18.53 million shs
Market Capitalization
$218.78 billion
P/E Ratio
20.10
Dividend Yield
1.14%
Price Target
$109.96

Alibaba Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
27.4% Upside
$109.96 Price Target
Short Interest
Healthy
1.84% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.36mentions of Alibaba Group in the last 14 days
Based on 85 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.05%
From $7.06 to $7.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.79 out of 5 stars

Retail/Wholesale Sector

18th out of 190 stocks

Business Services, Not Elsewhere Classified Industry

7th out of 89 stocks

BABA stock logo

About Alibaba Group Stock (NYSE:BABA)

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 Stock Price History

BABA Stock News Headlines

Burry Just Sold Amazon, Replaced it With Alibaba, is He Right?
Far from blindly following the most prominent names on Wall Street, retail investors could reverse engineer the recent moves made by giants like Warren Buffett and Ray Dalio. However, a critical piece of information must be added to this equation: Relative account size and buying power.
Burry Just Sold Amazon, Replaced it With Alibaba, is He Right?
Those looking to improve their risk/reward ratios within their portfolios can follow Michael Burry's lead out of Amazon and into Alibaba
JD’s Earnings Could Mean Chinese Stocks Making a Comeback (BABA)
JD.com is looking to lead the comeback from Chinese stocks, calling enough attention from Ray Dalio and even Michael Burry making JD his biggest holding today.
MarketBeat Week in Review – 5/13 - 5/17 (BABA)
Markets took a breather to end the week as investors wait for Nvidia's earnings after a week that saw the Dow cross the 40,000 mark for the first time
Baidu Stock Earnings Prove Ray Dalio Right about China? (BABA)
Baidu is another Chinese stock showing investors why the Chinese economy is something to look out for, as recovering fundamentals attracted Ray Dalio
Bears Sent a False Alarm for Under Armour Stock
Under Armour stock is still set to grow at double-digits to beat most peers in the retail sector, yet it still trades at a steep discount on a P/E basis
The Real Reason Michael Burry is Buying Physical Gold (BABA)
Big Short trader Michael Burry has initiated a large position in physical gold - here's why the market should pay attention.
Alibaba's profit in Q4 tumbles due to equity investments, New York-listed stock plunges
Chinese e-commerce company Alibaba Group Holding on Tuesday posted a greater-than-expected decline in profit for the fourth quarter due to its equity investments, sending its stock price plunging in New York
What Wall Street Doesn't Want You to Know About Alibaba Stock
Shares of Alibaba Group NYSE: BABA fell by as much as 5% in the pre-market session of May 14th; the reaction came after a wild first quarter 2024 earnings result, which is arguably the most critical report of the year as it sets the tone for what may come in the following months. Without digging deeper into the company's financials, any retail investor would be wrongly scared away.
What Wall Street Doesn’t Want You to Know About Alibaba Stock (BABA)
Alibaba stock is healthier than ever, despite an "86%" decline in net income, the metric that really matters enabled management to pay a dividend
Alibaba: Deep Undervaluation Meets Changing Sentiment
Where Will Alibaba Stock Be in 5 Years?
Alibaba Group (NYSE:BABA) Price Target Cut to $122.00
Alibaba Group (NYSE:BABA) Price Target Cut to $110.00
Alibaba: Let's Talk About The Elephant In The Room
Barclays Lowers Alibaba Group (NYSE:BABA) Price Target to $107.00
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
5/21/2024
Ex-Dividend for 7/12 Dividend
6/13/2024
Dividend Payable
7/12/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Employees
235,216
Year Founded
1999

Price Target and Rating

Average Stock Price Target
$109.96
High Stock Price Target
$135.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+24.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
15 Analysts

Profitability

Net Income
$11.08 billion
Pretax Margin
10.80%

Debt

Sales & Book Value

Annual Sales
$130.35 billion
Cash Flow
$9.29 per share
Book Value
$60.14 per share

Miscellaneous

Outstanding Shares
2,537,500,000
Free Float
2,220,313,000
Market Cap
$223.96 billion
Optionable
Optionable
Beta
0.44

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Key Executives

  • Mr. Joseph C. Tsai (Age 60)
    Executive Chairman
  • Mr. Yongming Wu (Age 49)
    CEO, Head of Core E-Commerce Business & Director
  • Mr. J. Michael Evans (Age 66)
    President & Director
  • Mr. Hong Xu (Age 51)
    Chief Financial Officer
  • Ms. Joan Zhou
    Investment Director
  • Mr. Yuen Jen Yao
    Senior VP & Head of Corporate Finance
  • Mr. Zeming Wu (Age 44)
    Chief Technology Officer
  • Mr. Robert Lin
    Investor Relations
  • Ms. Siying Yu (Age 50)
    General Counsel
  • Mr. Xiaofeng Shao (Age 58)
    Senior Vice President of Ant Group

BABA Stock Analysis - Frequently Asked Questions

Should I buy or sell Alibaba Group stock right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alibaba Group in the last twelve months. There are currently 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BABA shares.
View BABA analyst ratings
or view top-rated stocks.

What is Alibaba Group's stock price target for 2024?

15 brokerages have issued 12 month price objectives for Alibaba Group's shares. Their BABA share price targets range from $85.00 to $135.00. On average, they expect the company's stock price to reach $109.96 in the next twelve months. This suggests a possible upside of 27.4% 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 2024?

Alibaba Group's stock was trading at $77.51 at the beginning of 2024. Since then, BABA stock has increased by 11.4% and is now trading at $86.34.
View the best growth stocks for 2024 here
.

Are investors shorting Alibaba Group?

Alibaba Group saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 43,930,000 shares, an increase of 7.8% from the April 15th total of 40,760,000 shares. Based on an average daily volume of 15,370,000 shares, the days-to-cover ratio is currently 2.9 days. Approximately 1.8% of the shares of the company 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, August 8th 2024.
View our BABA earnings forecast
.

How were Alibaba Group's earnings last quarter?

Alibaba Group Holding Limited (NYSE:BABA) posted its quarterly earnings results on Wednesday, February, 7th. The specialty retailer reported $18.97 earnings per share for the quarter, missing the consensus estimate of $19.12 by $0.15. The specialty retailer had revenue of $260.35 billion for the quarter, compared to analysts' expectations of $260.26 billion. Alibaba Group had a trailing twelve-month return on equity of 12.70% and a net margin of 8.44%. The company's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company earned $2.44 earnings per share.

How often does Alibaba Group pay dividends? What is the dividend yield for Alibaba Group?

Alibaba Group announced a None dividend on Tuesday, May 14th. Shareholders of record on Thursday, June 13th will be given a dividend of $1.66 per share on Friday, July 12th. This represents a dividend yield of 3%. The ex-dividend date is Thursday, June 13th.
Read our dividend analysis for BABA
.

Is Alibaba Group a good dividend stock?

Alibaba Group (NYSE:BABA) pays an annual dividend of $0.98 per share and currently has a dividend yield of 1.11%. The dividend payout ratio is 22.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BABA will have a dividend payout ratio of 12.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BABA.

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).

Who are Alibaba Group's major shareholders?

Alibaba Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (0.33%), Jane Street Group LLC (0.00%), Lazard Asset Management LLC (0.16%), ARGA Investment Management LP (0.14%), Discerene Group LP (0.12%) and Simplex Trading LLC (0.00%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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.
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This page (NYSE:BABA) was last updated on 5/21/2024 by MarketBeat.com Staff

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