NYSE:BABA

Alibaba Group - BABA Stock Forecast, Price & News

$79.86

+3.98 (+5.25%)

(As of 11/29/2022 12:00 AM ET)

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Today's Range: $79.45
▼
$80.89
50-Day Range: $63.15
▼
$85.80
52-Week Range: $58.01
▼
$138.70

Volume: 24.11 million shs
Average Volume: 28.08 million shs
Market Capitalization: $211.48 billion

P/E Ratio: 199.65
Dividend Yield: N/A
Price Target: $150.05

Alibaba Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.95 Rating Score
Upside/Downside: 87.9% Upside
$150.05 Price Target
Short Interest: Healthy
2.70% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.19
Based on 21 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 19.76%
From $5.87 to $7.03 Per Share

Overall MarketRank^™

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

2.89 out of 5 stars

Retail/Wholesale Sector

14th out of 219 stocks

Business Services, Not Elsewhere Classified Industry

11th out of 94 stocks

4.5

Analyst's Opinion

Consensus Rating
Alibaba Group has received a consensus rating of Buy. The company's average rating score is 2.95, and is based on 18 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $150.05, Alibaba Group has a forecasted upside of 87.9% from its current price of $79.86.
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.

5.0

Short Interest

Percentage of Shares Shorted
2.70% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Alibaba Group has recently decreased by 8.69%, indicating that investor sentiment is improving 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.

1.8

News and Social Media Coverage

News Sentiment
Alibaba Group has a news sentiment score of 0.19. 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 is a lower news sentiment than the 0.48 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 21 news articles for Alibaba Group this week, compared to 28 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 11 reddit mentions for Alibaba Group this week, compared to 27 mentions on an average week.
Search Interest
Only 216 people have searched for BABA on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.
MarketBeat Follows
84 people have added Alibaba Group to their MarketBeat watchlist in the last 30 days. This is an increase of 27% 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 14.81% 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 19.76% in the coming year, from $5.87 to $7.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Alibaba Group is 199.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 120.86.
Price to Earnings Ratio vs. Sector
The P/E ratio of Alibaba Group is 199.65, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.00.
Price to Earnings Growth Ratio
Alibaba Group has a PEG Ratio of 1.01. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Alibaba Group has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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.

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BABA Stock News Headlines

November 28, 2022 | marketbeat.com

China’s Zero-COVID Restrictions Can’t Stop JD.com (BABA)

China’s largest online retailer JD.com (NASDAQ: JD) is also its largest internet company by revenue. It is often referred to as the Amazon (NASDAQ: AMZN)

November 22, 2022 | marketbeat.com

Is This The Right Time to Invest in Alibaba? (BABA)

Without the ability to turn significant profits, Alibaba is struggling. Fortunately, the industry as a whole is facing challenges, so watch the sector closely.

November 30, 2022 | Investing Trends (Ad)

183 Pounds of Copper for Just ONE EV

To build just one electric vehicle (EV) engine requires 183 pounds of copper. Compare that to just 18 pounds required in a gas-powered car. That's 10 TIMES more copper. EVs are expected to increase 1,400% by 2030. More sources of copper are desperately needed to keep up with demand.

November 30, 2022 | markets.businessinsider.com

Jack Ma, the billionaire founder of Alibaba, disappeared from public view in 2020. He's been living in Tokyo for the past 6 months, new reports say.

November 29, 2022 | benzinga.com

Alibaba Stock Is Rising Today: What's Going On?