NYSE:BABA

Alibaba Group (BABA) Stock Forecast, Price & News

$94.85

+0.63 (+0.67%)

(As of 08/9/2023 ET)

Compare

Today's Range: $94.08
▼
$96.30
50-Day Range: $82.99
▼
$102.17
52-Week Range: $58.01
▼
$121.30

Volume: 18.28 million shs
Average Volume: 21.74 million shs
Market Capitalization: $243.36 billion

P/E Ratio: 23.19
Dividend Yield: N/A
Price Target: $139.62

Alibaba Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 47.2% Upside
$139.62 Price Target
Short Interest: Healthy
2.40% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.42
Based on 33 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 17.86%
From $7.00 to $8.25 Per Share

Overall MarketRank^™

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

2.90 out of 5 stars

Retail/Wholesale Sector

12th out of 211 stocks

Business Services, Not Elsewhere Classified Industry

10th out of 87 stocks

3.5

Analyst's Opinion

Consensus Rating
Alibaba Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $139.62, Alibaba Group has a forecasted upside of 47.2% from its current price of $94.85.
Amount of Analyst Coverage
Alibaba Group has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.40% of the float of Alibaba Group has been sold short.
Short Interest Ratio / Days to Cover
Alibaba Group has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Alibaba Group has recently increased by 2.93%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Alibaba Group does not currently pay a dividend.
Dividend Growth
Alibaba Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BABA.

3.0

News and Social Media Coverage

News Sentiment
Alibaba Group has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 33 news articles for Alibaba Group this week, compared to 28 articles on an average week.
Search Interest
345 people have searched for BABA on MarketBeat in the last 30 days. This is an increase of 56% compared to the previous 30 days.
MarketBeat Follows
99 people have added Alibaba Group to their MarketBeat watchlist in the last 30 days. This is an increase of 62% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Alibaba Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
12.50% of the stock of Alibaba Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 13.33% of the stock of Alibaba Group is held by institutions.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Alibaba Group are expected to grow by 17.86% in the coming year, from $7.00 to $8.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Alibaba Group is 23.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.38.
Price to Earnings Ratio vs. Sector
The P/E ratio of Alibaba Group is 23.19, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 30.03.
Price to Earnings Growth Ratio
Alibaba Group has a PEG Ratio of 0.69. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Alibaba Group has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Alibaba Group (NYSE:BABA) Stock

Alibaba Group Holding Limited is an eCommerce and Internet technology giant headquartered in the People's Republic of China. Its core platform, Alibaba.com, is the world’s 3rd largest eCommerce platform by sales. The company, through its vast network of subsidiary companies, provides the infrastructure and marketing to help merchants of all sizes develop their brands and to connect with customers in the People's Republic of China and internationally. The company also aids other businesses with a vast array of digital and logistical solutions with a reach that spans the globe.

Alibaba was co-founded by Jack Ma in 1999 when it became clear the Internet and digitization were the future of commerce. Mr. Ma is a billionaire investor, businessman, and philanthropist who believes in an open and free-market economy. The company went public in September 2014 with an IPO on the NYSE. The IPO set a record with its valuation of $25 billion and the company is now worth more than $225 billion and ranked among the 10 most valuable companies by market cap. Alibaba is also ranked 5th largest globally in regards to its work in AI, and it owns the world's largest B2B, B2C, and C2C eCommerce portals. In 2022, Alibaba’s Singles Day event brought in $139 billion to set a new one-day record.

The principal purpose of Alibaba Group Holding Limited is to open the Chinese market and connect it to the world. The company operates through seven segments including China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

The company’s eCommerce platforms include Taobao Marketplace, Tmall, Alimama, 1688.com, Alibaba.com, Aliexpress, Lazada, Trendyol, and Daraz. Taobao Marketplace is a social-media eCommerce platform while Alimama is a monetization platform for entrepreneurs. 1688.com and Alibaba.com are wholesale marketplaces where individuals and businesses can connect with bulk items and the remainder are eCommerce retail platforms and search engines targeting specific markets. In addition, the company also operated a retail chain called Freshippo and Tmall Global which is an import platform for eCommerce.

Other digital services provided by Alibaba include Taoxianda, which is a digital integration service for FMCG goods and grocery retailers, and Cainiao Network which is a logistical services platform complemented by Ele.me, a delivery and services platform.

Alibaba also supports the infrastructure of the Internet with a range of products and services that include computing, storage, network, security, database, big data, and IoT connectivity. This segment includes a suite of cloud-based services such as Alibaba Pictures and content platforms that provide streaming media.

BABA Price History

30 days | 90 days | 365 days | Advanced Chart

BABA Stock News Headlines

July 29, 2023 | marketbeat.com

MarketBeat Week in Review – 7/24 - 7/28 (BABA)

Investors continue to look for stocks to buy as inflation cools. As you prepare for another busy week, here are some of our top stories from this week

July 24, 2023 | marketbeat.com

5 Reasons Alibaba Stock Under $100 is a Generational Opportunity

The current transitory period for Alibaba could be looked back upon as an Amazon-esque ‘coulda, shoulda, woulda’ opportunity for long-term investors.

August 10, 2023 | Stansberry Research (Ad)

A 73-Year-Old Market Signal With 95% Accuracy Just Flashed

This signal has flashed just 24 times in the past 73 years – and it has signaled the exact moment to move your money with 95% accuracy. Now, it's flashing again. Discover where here.

July 15, 2023 | marketbeat.com

MarketBeat Week in Review – 7/10 - 7/14 (BABA)

As inflation moderates, Investors are optimistic for the second quarter earnings season and that optimism is evident in some of the top stories from this week

July 12, 2023 | marketbeat.com

Alibaba Just Flashed Green, Very Green (BABA)

After trading sideways in a tight range for more than a year, the stars are finally aligning once more for Alibaba Group Holding Ltd (NYSE: BABA) stock.

July 12, 2023 | marketbeat.com

Alibaba Just Flashed Green, Very Green

After trading sideways in a tight range for more than a year, the stars are finally aligning once more for Alibaba Group Holding Ltd (NYSE: BABA) stock.

July 11, 2023 | marketbeat.com

Pullback Creates an Opportunity for ‘The Amazon of Latin America' (BABA)

MercadoLibre trending lower combined with favorable technical indicator signals has potentially set the stage for the next move up in its recovery.

August 9, 2023 | finance.yahoo.com

Alibaba’s Options Signal Rising Optimism Ahead of Earnings

August 10, 2023 | Chaikin Analytics (Ad)

Wall Street Insider Makes Prediction about Hot A.I. Stock

50-year Wall Street Veteran Marc Chaikin just detailed why he's avoiding NVDA and buying this overlooked A.I. stock instead. Learn more here.

August 9, 2023 | markets.businessinsider.com

Alibaba's Recovery and Growth Prospects Drive Positive Outlook from Mizuho Analyst

August 9, 2023 | msn.com

Alibaba revenue expected to grow nearly 2% in Q1

August 9, 2023 | finance.yahoo.com

China’s internet giants order $5bn of Nvidia chips to power AI ambitions

August 9, 2023 | finance.yahoo.com

July CPI, San Francisco Fed president interview, Alibaba earnings: What to watch

August 9, 2023 | msn.com

Alibaba, Nio among China stocks falling amid downbeat economic data

August 9, 2023 | finance.yahoo.com

Zacks.com featured highlights Alibaba, Encompass Health, Molson Coors, Ford Motor and Albemarle

August 8, 2023 | finance.yahoo.com

China's AI players from Alibaba to state-run institute rush to open source their models in race for global influence

August 8, 2023 | finance.yahoo.com

Alibaba EPS Preview

August 8, 2023 | msn.com

Can Alibaba Stock Return to Its Past Glory?

August 8, 2023 | msn.com

China’s AI players from Alibaba to state-run institute rush to open source their models in race for global influence

August 8, 2023 | msn.com

Alibaba Stock: BABA Looks Juicy Ahead Of Earnings

August 8, 2023 | msn.com

Alibaba: The Case For Loading Up Is Here - Don't Wait Till It's Gone

August 8, 2023 | americanbankingnews.com

Alibaba Group (NYSE:BABA) Lowered to "Hold" at StockNews.com

August 8, 2023 | americanbankingnews.com

Alibaba Group (BABA) Set to Announce Earnings on Thursday

August 7, 2023 | finance.yahoo.com

Paytm Founder to Take Control From Ant Without Paying Cash

August 7, 2023 | financialpost.com

Stock market today: Asian benchmarks mostly slip after Wall Street’s losing week

August 4, 2023 | finance.yahoo.com

Time to Buy These E-Commerce Stocks as Amazon Leads the Way?

August 4, 2023 | msn.com

Alibaba Cloud open sources its two generative AI models based on ChatGPT-style Tongyi Qianwen

See More Headlines

Receive BABA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Alibaba Group and its competitors with MarketBeat's FREE daily newsletter.

BABA Company Calendar

Last Earnings: 5/18/2023
Today: 8/10/2023
Next Earnings (Confirmed): 8/10/2023
Fiscal Year End: 3/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NYSE:BABA
CUSIP: N/A
CIK: 1577552
Web: www.alibabagroup.com
Phone: 8657185022088
Fax: 86-571-8526-9066
Employees: 235,216
Year Founded: 1999

Price Target and Rating

Average Stock Price Forecast: $139.62
High Stock Price Forecast: $180.00
Low Stock Price Forecast: $98.00
Forecasted Upside/Downside: +47.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.09
Trailing P/E Ratio: 23.19
Forward P/E Ratio: 13.55
P/E Growth: 0.69
Net Income: $10.60 billion
Net Margins: 8.50%
Pretax Margin: 10.27%
Return on Equity: 10.79%
Return on Assets: 6.79%

Debt

Debt-to-Equity Ratio: 0.13
Current Ratio: 1.81
Quick Ratio: 1.81

Sales & Book Value

Annual Sales: $126.49 billion
Price / Sales: 1.92
Cash Flow: $8.79 per share
Price / Cash Flow: 10.79
Book Value: $61.20 per share
Price / Book: 1.55

Miscellaneous

Outstanding Shares: 2,565,750,000
Free Float: 2,245,033,000
Market Cap: $243.36 billion
Optionable: Optionable
Beta: 0.68

Social Links

The Best High-Yield Dividend Stocks for 2023

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

Key Executives

Mr. Joseph C. Tsai (Age 59)
Exec. Vice Chairman

Mr. Yong Zhang (Age 51)
CEO & Exec. Chairman

Mr. J. Michael Evans (Age 65)
Pres & Director

Mr. Hong Xu (Age 50)
Chief Financial Officer

Ms. Joan Zhou
Investment Director

Mr. Yuen Jen Yao
Sr. VP & Head of Corp. Fin.

Mr. Robert Lin
Investor Relations

Ms. Siying Yu (Age 49)
Gen. Counsel

Ms. Wenhong Tong (Age 53)
Chief People Officer

Mr. Xiaofeng Shao (Age 57)
Sr. VP of Ant Group

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BABA Stock - Frequently Asked Questions

Should I buy or sell Alibaba Group stock right now?: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alibaba Group in the last year. There are currently 1 hold rating, 10 buy ratings and 1 strong buy rating 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 2023?: 12 Wall Street research analysts have issued 1-year price objectives for Alibaba Group's stock. Their BABA share price forecasts range from $98.00 to $180.00. On average, they anticipate the company's stock price to reach $139.62 in the next twelve months. This suggests a possible upside of 47.2% 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 2023?: Alibaba Group's stock was trading at $88.09 at the beginning of the year. Since then, BABA stock has increased by 7.7% and is now trading at $94.85.
View the best growth stocks for 2023 here.
When is Alibaba Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our BABA earnings forecast.
How can I listen to Alibaba Group's earnings call?: Alibaba Group will be holding an earnings conference call on Thursday, August 10th at 7:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 855-883-1031 with passcode "10032058".
How were Alibaba Group's earnings last quarter?: Alibaba Group Holding Limited (NYSE:BABA) announced its quarterly earnings results on Thursday, May, 18th. The specialty retailer reported $1.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.92 by $0.23. The specialty retailer had revenue of $30.32 billion for the quarter, compared to analysts' expectations of $30.35 billion. Alibaba Group had a trailing twelve-month return on equity of 10.79% and a net margin of 8.50%.
What ETFs hold Alibaba Group's stock?: ETFs with the largest weight of Alibaba Group (NYSE:BABA) stock in their portfolio include ProShares Online Retail ETF (ONLN), ProShares Long Online/Short Stores ETF (CLIX), Global X Emerging Markets Internet & Ecommerce ETF (EWEB), Invesco Golden Dragon China ETF (PGJ), First Trust International IPO ETF (FPXI), Columbia Emerging Markets Consumer ETF (ECON), FlexShares ESG & Climate Emerging Markets Core Index Fund (FEEM) and Global X Emerging Markets ETF (EMM).
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 Dimensional Fund Advisors LP (0.15%), Fisher Asset Management LLC (0.15%), Simplex Trading LLC (0.00%), WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST (0.10%), Allspring Global Investments Holdings LLC (0.10%) and IMC Chicago LLC (0.00%).
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 $94.85.
How much money does Alibaba Group make?: Alibaba Group (NYSE:BABA) has a market capitalization of $243.36 billion and generates $126.49 billion in revenue each year. The specialty retailer earns $10.60 billion in net income (profit) each year or $4.09 on an earnings per share basis.
How many employees does Alibaba Group have?: The company employs 235,216 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
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 8/10/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Alibaba Group (BABA) Stock Forecast, Price & News

Alibaba Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Alibaba Group (NYSE:BABA) Stock

BABA Price History

BABA Stock News Headlines

BABA Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

BABA Stock - Frequently Asked Questions

Overall MarketRank^™