Alibaba Group Stock Forecast, Price & News

27 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alibaba Group in the last year. There are currently 1 sell rating, 1 hold rating, 24 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Alibaba Group stock.
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Wall Street analysts have given Alibaba Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Alibaba Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Alibaba Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
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Alibaba Group will be holding an earnings conference call on Tuesday, August 3rd at 7:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Alibaba Group Holding Limited (NYSE:BABA) released its quarterly earnings data on Wednesday, May, 12th. The specialty retailer reported $10.32 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.47 by $8.85. The specialty retailer earned $187.40 billion during the quarter, compared to the consensus estimate of $180.67 billion. Alibaba Group had a net margin of 20.83% and a trailing twelve-month return on equity of 12.95%. The company's revenue for the quarter was up 63.9% on a year-over-year basis. During the same period last year, the business posted $9.20 EPS.
View Alibaba Group's earnings history.

Alibaba Group's stock was trading at $198.91 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BABA stock has decreased by 6.5% and is now trading at $186.07.
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Alibaba Group issued an update on its FY 2022 earnings guidance on Tuesday, June, 8th. The company provided earnings per share (EPS) guidance of $- for the period. The company issued revenue guidance of $141.95 B-, compared to the consensus revenue estimate of $144.35 billion.

27 brokerages have issued 1 year price targets for Alibaba Group's shares. Their forecasts range from $192.00 to $407.00. On average, they expect Alibaba Group's share price to reach $312.71 in the next year. This suggests a possible upside of 68.1% from the stock's current price.
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173 employees have rated Alibaba Group CEO Daniel Yong Zhang on Glassdoor.com. Daniel Yong Zhang has an approval rating of 87% among Alibaba Group's employees.

Some companies that are related to Alibaba Group include Visa (V), Mastercard (MA), PayPal (PYPL), Accenture (ACN), Pinduoduo (PDD), Fidelity National Information Services (FIS), Uber Technologies (UBER), MercadoLibre (MELI), Global Payments (GPN), Relx (RELX), eBay (EBAY), MSCI (MSCI), DiDi Global (DIDI), CoStar Group (CSGP) and Zillow Group (ZG).
View all of BABA's competitors.

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), (CGC), Netflix (NFLX), Tesla (TSLA), The Walt Disney (DIS), PayPal (PYPL), Advanced Micro Devices (AMD) and salesforce.com (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 institutional and retail investors. Top institutional investors include Harel Insurance Investments & Financial Services Ltd. (0.01%), Regents of The University of California (0.01%), APEIRON CAPITAL Ltd (0.01%), Westwood Management Corp IL (0.01%), Portland Hill Asset Management Ltd (0.01%) and Private Management Group Inc. (0.00%).

BABA stock was sold by a variety of institutional investors in the last quarter, including TCW Group Inc., TIAA FSB, BW Gestao de Investimentos Ltda., Oregon Public Employees Retirement Fund, Cottage Street Advisors LLC, Westwood Management Corp IL, Caliber Wealth Management LLC, and Ayalon Holdings Ltd..

BABA stock was acquired by a variety of institutional investors in the last quarter, including Regents of The University of California, Private Management Group Inc., Asset Management Advisors LLC, Portland Hill Asset Management Ltd, CTC LLC, XR Securities LLC, HBW Advisory Services LLC, and APEIRON CAPITAL Ltd.

Shares of BABA 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 $186.07.

Alibaba Group has a market capitalization of $503.44 billion and generates $109.48 billion in revenue each year. The specialty retailer earns $22.98 billion in net income (profit) each year or $7.21 on an earnings per share basis.

Alibaba Group employs 117,600 workers across the globe.

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.

Alibaba Group was founded in 1999.

The official website for Alibaba Group is www.alibabagroup.com.

Alibaba Group is headquartered at 26/F TOWER ONE TIMES SQUARE 1 MATHESON ST. CAUSEWAY BAY, Hong Kong K3, .

Alibaba Group's mailing address is 26/F TOWER ONE TIMES SQUARE 1 MATHESON ST. CAUSEWAY BAY, Hong Kong K3, . The specialty retailer can be reached via phone at 8657185022088.