Alibaba Group - BABA Stock Forecast, Price & News

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alibaba Group in the last twelve months. There are currently 1 hold rating and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BABA shares.
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19 equities research analysts have issued 12-month price objectives for Alibaba Group's shares. Their BABA share price forecasts range from $90.00 to $250.00. On average, they predict the company's stock price to reach $150.05 in the next twelve months. This suggests a possible upside of 98.7% from the stock's current price.
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Alibaba Group's stock was trading at $118.79 on January 1st, 2022. Since then, BABA shares have decreased by 36.4% and is now trading at $75.50.
View the best growth stocks for 2022 here.

Alibaba Group saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 77,250,000 shares, an increase of 31.9% from the October 15th total of 58,580,000 shares. Based on an average daily volume of 21,310,000 shares, the short-interest ratio is currently 3.6 days. Approximately 2.9% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
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Alibaba Group Holding Limited (NYSE:BABA) issued its quarterly earnings data on Thursday, November, 18th. The specialty retailer reported $11.20 earnings per share for the quarter, beating the consensus estimate of $1.46 by $9.74. The specialty retailer earned $200.69 billion during the quarter, compared to analysts' expectations of $204.97 billion. Alibaba Group had a trailing twelve-month return on equity of 10.61% and a net margin of 0.88%. The company's revenue for the quarter was up 29.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.32 earnings per share.

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.

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).

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

Alibaba Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Primecap Management Co. CA (0.66%), Price T Rowe Associates Inc. MD (0.44%), Temasek Holdings Private Ltd (0.35%), Citadel Advisors LLC (0.00%), Nomura Holdings Inc. (0.00%) and Jane Street Group LLC (0.00%).

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.
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One share of BABA stock can currently be purchased for approximately $75.50.

Alibaba Group (NYSE:BABA) has a market capitalization of $199.93 billion and generates $134.57 billion in revenue each year. The specialty retailer earns $9.82 billion in net income (profit) each year or $0.40 on an earnings per share basis.

The company employs 254,941 workers across the globe.

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.