Alibaba Group Stock Forecast, Price & News

29 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alibaba Group in the last year. There are currently 2 sell ratings, 2 hold ratings, 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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Alibaba Group is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
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Alibaba Group Holding Limited (NYSE:BABA) released its quarterly earnings results on Monday, August, 2nd. The specialty retailer reported $16.60 earnings per share for the quarter, topping analysts' consensus estimates of $1.74 by $14.86. The specialty retailer had revenue of $205.74 billion for the quarter, compared to analyst estimates of $208.67 billion. Alibaba Group had a trailing twelve-month return on equity of 12.92% and a net margin of 19.25%. The business's revenue for the quarter was up 33.8% on a year-over-year basis. During the same period last year, the business earned $14.82 earnings per share.
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 19.9% and is now trading at $159.38.
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29 analysts have issued twelve-month price targets for Alibaba Group's shares. Their forecasts range from $192.00 to $407.00. On average, they expect Alibaba Group's stock price to reach $301.78 in the next twelve months. This suggests a possible upside of 89.3% 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), MercadoLibre (MELI), Fidelity National Information Services (FIS), Uber Technologies (UBER), Relx (RELX), MSCI (MSCI), eBay (EBAY), Global Payments (GPN), DiDi Global (DIDI), CoStar Group (CSGP) and Affirm (AFRM).
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 Jefferies Group LLC (0.00%), Price T Rowe Associates Inc. MD (1.27%), Baillie Gifford & Co. (0.95%), FMR LLC (0.66%), Morgan Stanley (0.64%) and Primecap Management Co. CA (0.58%).

BABA stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Price T Rowe Associates Inc. MD, Legal & General Group Plc, UBS Asset Management Americas Inc., Northern Trust Corp, Credit Suisse AG, and Geode Capital Management LLC.

BABA stock was acquired by a variety of institutional investors in the last quarter, including Jefferies Group LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Millennium Management LLC, GQG Partners LLC, Simplex Trading LLC, Morgan Stanley, Artisan Partners Limited Partnership, and Laurion Capital Management LP.

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 $159.38.

Alibaba Group has a market capitalization of $433.22 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 251,462 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 or via email at [email protected]