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DIS   112.43 (+3.98%)
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NYSE:BABA

Alibaba Group - BABA Stock Forecast, Price & News

$92.43
+1.24 (+1.36%)
(As of 08/10/2022 12:00 AM ET)
Add
Compare
Today's Range
$88.56
$92.95
50-Day Range
$89.37
$122.39
52-Week Range
$73.28
$196.92
Volume
17.72 million shs
Average Volume
29.47 million shs
Market Capitalization
$250.57 billion
P/E Ratio
51.35
Dividend Yield
N/A
Price Target
$166.83

Alibaba Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.87 Rating Score
Upside/​Downside
80.2% Upside
$166.53 Price Target
Short Interest
Healthy
1.62% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.20mentions of Alibaba Group in the last 14 days
Based on 67 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.67%
From $6.34 to $7.27 Per Share

Overall MarketRank

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

2.64 out of 5 stars

Retail/Wholesale Sector

28th out of 218 stocks

Business Services, Not Elsewhere Classified Industry

13th out of 105 stocks

BABA stock logo

About Alibaba Group (NYSE:BABA) Stock

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. It operates through four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others. The company operates Taobao Marketplace, a social commerce platform; Tmall, a third-party online and mobile commerce platform for brands and retailers; Alimama, a monetization platform; 1688.com and Alibaba.com, which are online wholesale marketplaces; AliExpress, a retail marketplace; Lazada, Trendyol, and Daraz that are e-commerce platforms; and Tmall Global and Kaola, which are import e-commerce platforms. It also operates Lingshoutong that connects FMCG manufacturers and their distributors to small retailers; Cainiao Network logistic services platform; Ele.me, an on-demand delivery and local services platform; Koubei, a restaurant and local services guide platform; and Fliggy, an online travel platform. In addition, the company offers pay-for-performance, in-feed, and display marketing services; and Taobao Ad Network and Exchange, a real-time online bidding marketing exchange. Further, it provides elastic computing, database, storage, virtualization network, large-scale computing, security, management and application, big data analytics, machine learning platform, and Internet of Things services. Additionally, the company operates Youku, an online video platform; Alibaba Pictures and other content platforms that provide online videos, films, live events, news feeds, literature, music, and others; Amap, a mobile digital map, navigation, and real-time traffic information app; DingTalk, a business efficiency app; and Tmall Genie, an AI-enabled smart speaker. The company was incorporated in 1999 and is based in Hangzhou, the People's Republic of China.

Alibaba Group Stock Performance

Shares of BABA opened at $91.19 on Wednesday. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.13. The firm has a market cap of $247.21 billion, a PE ratio of 50.66, a P/E/G ratio of 1.55 and a beta of 0.58. Alibaba Group has a 12 month low of $73.28 and a 12 month high of $198.45. The stock has a fifty day moving average price of $105.26 and a 200-day moving average price of $103.95.

Alibaba Group (NYSE:BABA - Get Rating) last announced its earnings results on Thursday, May 26th. The specialty retailer reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.78. Alibaba Group had a return on equity of 10.03% and a net margin of 3.69%. The company had revenue of $204.05 billion for the quarter, compared to analyst estimates of $199.43 billion. During the same period in the prior year, the company posted $1.10 EPS. The firm's quarterly revenue was up 8.9% compared to the same quarter last year. Equities research analysts predict that Alibaba Group will post 6.34 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on BABA. Bank of America cut their price objective on Alibaba Group from $162.00 to $155.00 and set a "buy" rating on the stock in a research report on Monday, August 1st. Sanford C. Bernstein upgraded shares of Alibaba Group from a "market perform" rating to an "outperform" rating and lifted their price objective for the company from $115.00 to $130.00 in a report on Tuesday, July 19th. Truist Financial upped their target price on shares of Alibaba Group from $132.00 to $145.00 and gave the stock a "buy" rating in a research note on Tuesday, May 31st. JPMorgan Chase & Co. lifted their price target on shares of Alibaba Group from $130.00 to $140.00 and gave the company an "overweight" rating in a research note on Tuesday, July 5th. Finally, HSBC dropped their price objective on Alibaba Group from $146.00 to $141.00 and set a "buy" rating on the stock in a research note on Tuesday, July 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $166.53.

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BABA Stock News Headlines

Alibaba Group: A Huge Revenue Rebound Is Approaching
China's easing of COVID measures and promising economic stimulus policies are a bullish sign for Alibaba. As its macro backdrop improves, its positioned to unleash pent-up demand from consumers who have recently come out of lockdowns.
Alibaba Says Primary Listing in Hong Kong Is Approved
Alibaba Has 1 Monster Hidden Asset
See More Headlines
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BABA Company Calendar

Last Earnings
5/26/2022
Today
8/10/2022
Next Earnings (Estimated)
11/17/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Employees
254,941
Year Founded
1999

Price Target and Rating

Average Stock Price Forecast
$166.53
High Stock Price Forecast
$250.00
Low Stock Price Forecast
$130.00
Forecasted Upside/Downside
+80.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.87
Research Coverage
23 Analysts

Profitability

Net Income
$9.82 billion
Pretax Margin
5.04%

Debt

Sales & Book Value

Annual Sales
$134.57 billion
Cash Flow
$9.62 per share
Book Value
$62.41 per share

Miscellaneous

Outstanding Shares
2,710,914,000
Free Float
2,372,050,000
Market Cap
$250.57 billion
Optionable
Optionable
Beta
0.58

Social Links


Key Executives

  • Mr. Joseph C. Tsai (Age 58)
    Exec. Vice Chairman
  • Mr. Yong Zhang (Age 50)
    CEO & Exec. Chairman
  • Mr. J. Michael Evans (Age 64)
    Pres & Director
  • Mr. Toby Xu
    Chief Financial Officer
  • Ms. Joan Zhou
    Investment Director
  • Mr. Yuen Jen Yao
    Sr. VP & Head of Corp. Fin.
  • Mr. Li Cheng (Age 47)
    Chief Technology Officer
  • Mr. Robert Lin
    Investor Relations
  • Ms. Siying Yu (Age 48)
    Gen. Counsel
  • Ms. Jennifer Kuperman Johnson (Age 48)
    Head of International Corp. Communications













BABA Stock - Frequently Asked Questions

Should I buy or sell Alibaba Group stock right now?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alibaba Group in the last twelve months. There are currently 3 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BABA shares.
View BABA analyst ratings
or view top-rated stocks.

What is Alibaba Group's stock price forecast for 2022?

23 Wall Street analysts have issued 1 year price targets for Alibaba Group's stock. Their BABA share price forecasts range from $130.00 to $250.00. On average, they predict the company's share price to reach $166.53 in the next twelve months. This suggests a possible upside of 80.2% from the stock's current price.
View analysts price targets for BABA
or view top-rated stocks among Wall Street analysts.

How have BABA shares performed in 2022?

Alibaba Group's stock was trading at $118.79 on January 1st, 2022. Since then, BABA stock has decreased by 22.2% and is now trading at $92.43.
View the best growth stocks for 2022 here
.

When is Alibaba Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 17th 2022.
View our BABA earnings forecast
.

How were Alibaba Group's earnings last quarter?

Alibaba Group Holding Limited (NYSE:BABA) released its quarterly earnings data on Thursday, May, 26th. The specialty retailer reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.78. The specialty retailer earned $204.05 billion during the quarter, compared to the consensus estimate of $199.43 billion. Alibaba Group had a net margin of 3.69% and a trailing twelve-month return on equity of 10.03%. The firm's quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.10 EPS.

What is Daniel Yong Zhang's approval rating as Alibaba Group's CEO?

173 employees have rated Alibaba Group Chief Executive Officer Daniel Yong Zhang on Glassdoor.com. Daniel Yong Zhang has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Alibaba Group own?

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), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS), PayPal (PYPL), Advanced Micro Devices (AMD) and Salesforce (CRM).

What is Alibaba Group's stock symbol?

Alibaba Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BABA."

Who are Alibaba Group's major shareholders?

Alibaba Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Loomis Sayles & Co. L P (0.24%), Assenagon Asset Management S.A. (0.10%), Allspring Global Investments Holdings LLC (0.09%), Simplex Trading LLC (0.00%), IMC Chicago LLC (0.00%) and Handelsbanken Fonder AB (0.07%).

How do I buy shares of Alibaba Group?

Shares of BABA stock 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.
Compare Top Brokerages Here.

What is Alibaba Group's stock price today?

One share of BABA stock can currently be purchased for approximately $92.43.

How much money does Alibaba Group make?

Alibaba Group (NYSE:BABA) has a market capitalization of $250.57 billion and generates $134.57 billion in revenue each year. The specialty retailer earns $9.82 billion in net income (profit) each year or $1.80 on an earnings per share basis.

How many employees does Alibaba Group have?

The company employs 254,941 workers across the globe.

Does Alibaba Group have any subsidiaries?

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.
Read More

When was Alibaba Group founded?

Alibaba Group was founded in 1999.

How can I contact Alibaba Group?

Alibaba Group's mailing address is 26/F TOWER ONE TIMES SQUARE 1 MATHESON ST. CAUSEWAY BAY, Hong Kong K3, . The official website for the company is www.alibabagroup.com. The specialty retailer can be reached via phone at 8657185022088, via email at investor@alibaba-inc.com, or via fax at 86-571-8526-9066.

This page (NYSE:BABA) was last updated on 8/10/2022 by MarketBeat.com Staff

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