Alibaba Group Stock Forecast, Price & News

28 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alibaba Group in the last twelve months. There are currently 2 hold ratings, 25 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 Friday, May 28th 2021.
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Alibaba Group Holding Limited (NYSE:BABA) released its quarterly earnings results on Monday, February, 1st. The specialty retailer reported $22.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.78 by $19.25. The specialty retailer earned $221.08 billion during the quarter, compared to analyst estimates of $214.39 billion. Alibaba Group had a trailing twelve-month return on equity of 12.74% and a net margin of 22.56%. Alibaba Group's revenue was up 36.9% compared to the same quarter last year. During the same period in the prior year, the business posted $18.19 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 (WHO). Since then, BABA shares have increased by 17.6% and is now trading at $233.89.
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28 brokers have issued 12 month target prices for Alibaba Group's shares. Their forecasts range from $216.00 to $395.00. On average, they expect Alibaba Group's stock price to reach $323.04 in the next year. This suggests a possible upside of 38.1% 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), Pinduoduo (PDD), Accenture (ACN), Uber Technologies (UBER), Fidelity National Information Services (FIS), MercadoLibre (MELI), NetEase (NTES), Global Payments (GPN), eBay (EBAY), MSCI (MSCI), Zillow Group (ZG), Zillow Group (Z) and CoStar Group (CSGP).
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 retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (2.15%), Baillie Gifford & Co. (0.93%), Norges Bank (0.91%), FMR LLC (0.89%), Schroder Investment Management Group (0.83%) and UBS Asset Management Americas Inc. (0.70%).

BABA stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Canada Pension Plan Investment Board, Jennison Associates LLC, Price T Rowe Associates Inc. MD, Vontobel Asset Management Inc., Sands Capital Management LLC, Magellan Asset Management Ltd, and Schroder Investment Management Group.

BABA stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Itau Unibanco Holding S.A., Credit Suisse AG, Healthcare of Ontario Pension Plan Trust Fund, E Fund Management Co. Ltd., TRG Investments LLC, HMI Capital Management L.P., and Tweedy Browne Co 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 $233.89.

Alibaba Group has a market capitalization of $632.82 billion and generates $71.99 billion in revenue each year. The specialty retailer earns $21.10 billion in net income (profit) each year or $6.03 on an earnings per share basis.

Alibaba Group employs 122,399 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.