Alibaba Group (NYSE:BABA) Price Target Raised to $207.00 at Nomura

Alibaba Group (NYSE:BABA) had its target price upped by Nomura from $200.00 to $207.00 in a research report report published on Friday morning,MarketScreener reports. The firm currently has a buy rating on the specialty retailer’s stock.

BABA has been the subject of several other reports. Robert W. Baird dropped their price target on Alibaba Group from $174.00 to $164.00 and set an “outperform” rating for the company in a research note on Friday, March 20th. Susquehanna upped their price target on Alibaba Group from $170.00 to $185.00 and gave the stock a “positive” rating in a research note on Friday. Zacks Research lowered Alibaba Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 22nd. Argus upgraded Alibaba Group to a “hold” rating in a research note on Tuesday, March 24th. Finally, Weiss Ratings lowered Alibaba Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 27th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $188.76.

Alibaba Group Stock Performance

Alibaba Group stock opened at $132.53 on Friday. The firm has a market capitalization of $317.95 billion, a P/E ratio of 21.76, a PEG ratio of 2.44 and a beta of 0.50. The stock has a fifty day moving average price of $131.64 and a 200 day moving average price of $149.37. Alibaba Group has a 52 week low of $103.71 and a 52 week high of $192.67. The company has a current ratio of 1.28, a quick ratio of 1.33 and a debt-to-equity ratio of 0.21.

Alibaba Group (NYSE:BABA) last released its earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 EPS for the quarter. The firm had revenue of $35.30 billion during the quarter. Alibaba Group had a return on equity of 4.76% and a net margin of 10.31%. Equities research analysts anticipate that Alibaba Group will post 6.7 earnings per share for the current year.

Alibaba Group Announces Dividend

The business also recently announced an annual dividend, which will be paid on Monday, July 13th. Stockholders of record on Thursday, June 11th will be given a $1.05 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a dividend yield of 72.0%. Alibaba Group’s dividend payout ratio is presently 17.92%.

Institutional Investors Weigh In On Alibaba Group

Several institutional investors and hedge funds have recently modified their holdings of the stock. ARK Investment Management LLC purchased a new position in Alibaba Group in the third quarter valued at about $37,565,000. Great Hill Capital LLC purchased a new position in Alibaba Group in the third quarter valued at about $2,207,000. Vanguard Personalized Indexing Management LLC boosted its holdings in Alibaba Group by 14.9% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 30,361 shares of the specialty retailer’s stock valued at $5,427,000 after purchasing an additional 3,929 shares during the last quarter. Jennison Associates LLC boosted its holdings in Alibaba Group by 11.9% in the fourth quarter. Jennison Associates LLC now owns 54,235 shares of the specialty retailer’s stock valued at $7,950,000 after purchasing an additional 5,760 shares during the last quarter. Finally, Thornburg Investment Management Inc. boosted its holdings in Alibaba Group by 14.3% in the third quarter. Thornburg Investment Management Inc. now owns 553,384 shares of the specialty retailer’s stock valued at $98,906,000 after purchasing an additional 69,232 shares during the last quarter. Hedge funds and other institutional investors own 13.47% of the company’s stock.

Alibaba Group News Summary

Here are the key news stories impacting Alibaba Group this week:

• Positive Sentiment: Multiple Wall Street firms raised price targets on Alibaba, including Nomura, Morgan Stanley, Mizuho, HSBC, and JPMorgan, signaling continued confidence in the stock’s upside as analysts focus on its cloud and AI growth. Nomura adjusts Alibaba Group price target to $207
• Positive Sentiment: Alibaba shares surged in Hong Kong as the company accelerated its pivot to AI, reinforcing the idea that investors are rewarding the shift toward higher-growth cloud and artificial intelligence businesses. Alibaba shares surge 7% in Hong Kong as firm accelerates pivot to AI
• Positive Sentiment: Recent coverage highlighted strong AI and cloud momentum, including triple-digit AI revenue growth and a 38% jump in cloud revenue, which supports the bull case that Alibaba’s heavy spending may eventually pay off. Alibaba Earnings: Cloud Acceleration Is A Bullish Catalyst
• Neutral Sentiment: The Trump-Xi summit ended with few concrete breakthroughs, but the absence of escalation is being viewed as a short-term plus for Chinese equities, including Alibaba. Trump-Xi Summit Ends With Few Breakthroughs
• Negative Sentiment: Alibaba’s latest earnings report showed profits under pressure as the company ramped up AI, cloud, and commerce spending, with some analysts warning that margins may stay strained in the near term. BABA Q4 Profit Falls on Heavy Tech Spending

About Alibaba Group

Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.

The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.