Alibaba Group (NYSE:BABA – Get Free Report) had its price objective raised by stock analysts at HSBC from $172.00 to $180.00 in a research report issued to clients and investors on Thursday,MarketScreener Latest Ratings reports. HSBC’s price objective indicates a potential upside of 35.82% from the stock’s current price.
BABA has been the topic of several other research reports. BNP Paribas Exane started coverage on shares of Alibaba Group in a research report on Wednesday, April 29th. They set an “outperform” rating and a $209.00 price objective on the stock. Weiss Ratings lowered shares of Alibaba Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 27th. Argus raised shares of Alibaba Group to a “hold” rating in a research report on Tuesday, March 24th. Robert W. Baird decreased their price target on shares of Alibaba Group from $174.00 to $164.00 and set an “outperform” rating on the stock in a research note on Friday, March 20th. Finally, Mizuho lifted their price target on shares of Alibaba Group from $190.00 to $195.00 and gave the stock an “outperform” rating in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $188.76.
View Our Latest Report on BABA
Alibaba Group Stock Performance
Alibaba Group (NYSE:BABA – Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 EPS for the quarter. The business had revenue of $35.30 billion during the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. Research analysts anticipate that Alibaba Group will post 6.7 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Troluce Capital Advisors LLC bought a new stake in Alibaba Group during the 1st quarter worth about $3,136,000. Cypress Capital Group raised its holdings in Alibaba Group by 1.6% during the 1st quarter. Cypress Capital Group now owns 34,306 shares of the specialty retailer’s stock worth $4,304,000 after purchasing an additional 525 shares during the last quarter. Bradley Foster & Sargent Inc. CT raised its holdings in Alibaba Group by 5.3% during the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 8,976 shares of the specialty retailer’s stock worth $1,126,000 after purchasing an additional 453 shares during the last quarter. Waverly Advisors LLC raised its holdings in Alibaba Group by 10.7% during the 1st quarter. Waverly Advisors LLC now owns 30,051 shares of the specialty retailer’s stock worth $3,770,000 after purchasing an additional 2,912 shares during the last quarter. Finally, Wealth Alliance LLC raised its holdings in Alibaba Group by 1.3% during the 1st quarter. Wealth Alliance LLC now owns 8,510 shares of the specialty retailer’s stock worth $1,068,000 after purchasing an additional 108 shares during the last quarter. 13.47% of the stock is owned by institutional investors.
Alibaba Group News Roundup
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.
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