Alibaba Group Stock Forecast, Price & News

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alibaba Group in the last year. There are currently 1 hold rating, 28 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 Thursday, August 19th 2021.
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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 had revenue of $187.40 billion for the quarter, compared to analysts' expectations of $180.67 billion. Alibaba Group had a net margin of 20.83% and a trailing twelve-month return on equity of 12.95%. Alibaba Group's quarterly revenue was up 63.9% on a year-over-year basis. During the same period in the previous year, the company posted $9.20 earnings per share.
View Alibaba Group's earnings history.

Alibaba Group's stock was trading at $198.91 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BABA shares have increased by 6.7% and is now trading at $212.30.
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Alibaba Group issued an update on its FY 2022 earnings guidance on Tuesday, June, 8th. The company provided 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.

30 analysts have issued 12-month price targets for Alibaba Group's stock. Their forecasts range from $270.00 to $407.00. On average, they anticipate Alibaba Group's share price to reach $321.31 in the next year. This suggests a possible upside of 51.3% 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), Uber Technologies (UBER), Fidelity National Information Services (FIS), MercadoLibre (MELI), Global Payments (GPN), Relx (RELX), eBay (EBAY), MSCI (MSCI), CoStar Group (CSGP), Zillow Group (ZG) and Zillow Group (Z).
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 shareholders include Price T Rowe Associates Inc. MD (1.88%), Baillie Gifford & Co. (0.99%), Schroder Investment Management Group (0.79%), UBS Asset Management Americas Inc. (0.65%), Primecap Management Co. CA (0.56%) and FIL Ltd (0.55%).

BABA stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Morgan Stanley, Bank of New York Mellon Corp, Massachusetts Financial Services Co. MA, Canada Pension Plan Investment Board, Vontobel Asset Management Inc., Credit Suisse AG, and Artisan Partners Limited Partnership.

BABA stock was purchased by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, FIL Ltd, Baillie Gifford & Co., Generation Investment Management LLP, Gardner Russo & Quinn LLC, Ninety One UK Ltd, Cederberg Capital Ltd, and First Eagle Investment Management LLC.

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 $212.30.

Alibaba Group has a market capitalization of $574.41 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 852-2215-5100.