Alibaba Group Holding Limited (BABA)
| Market Cap | 184.92B |
| Revenue (ttm) | 130.72B |
| Net Income (ttm) | 11.08B |
| Shares Out | 2.09B |
| EPS (ttm) | 4.33 |
| PE Ratio | 20.02 |
| Forward PE | 7.84 |
| Dividend | $2.66 (3.00%) |
| Ex-Dividend Date | Jun 13, 2024 |
| Volume | 33,870,788 |
| Open | 87.60 |
| Previous Close | 86.70 |
| Day's Range | 86.83 - 90.46 |
| 52-Week Range | 66.63 - 102.50 |
| Beta | 0.44 |
| Analysts | Strong Buy |
| Price Target | 110.26 (+24.53%) |
| Earnings Date | May 14, 2024 |
About BABA
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others. It operates Taobao, a digital retail platform; Tmall, a third-party online and mobile... [Read more]
Financial Performance
In 2023, BABA's revenue was 941.17 billion, an increase of 8.34% compared to the previous year's 868.69 billion. Earnings were 79.74 billion, an increase of 9.97%.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for BABA stock is "Strong Buy." The 12-month stock price forecast is $110.26, which is an increase of 24.53% from the latest price.
News
Alibaba and Other Chinese Stocks Are Rallying. Why It Won't Last.
While Alibaba and other Chinese names could have more near-term upside, don't expect continued outperformance, says James Reilly, an analyst at Capital Economics,.
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant's shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.
Bullish on ABNB, BABA, AMZN
Airbnb (ABNB), Alibaba (BABA), and Amazon (AMZN) are today's big three stocks. Ben Lichtenstein and Joel Hawthorne discuss the technical trends, as well as how to trade these names.
Alibaba (BABA) Earnings: A Harsh Correction?
Alibaba (BABA) had a harsh correction due to year-to-date stock price run-up, notes Engin Kose. He and Anthony Sassine discuss Alibaba's earnings.
Alibaba should respond to competition, UBP says
Vey-Sern Ling, senior equity advisor at UBP, says Alibaba's growth has "faltered" and it should respond to competition from players like Temu and Shein.
Tencent Builds on Recovery as Alibaba Falters Again
Tencent Holdings Ltd.'s revenue and earnings beat estimates while rival Alibaba Group Holding Ltd.'s profit plunged. Bloomberg Intelligence's Catherine Lim shares her take on the results of the two Ch...
Tech Stocks on the Move Today: Alibaba, BlackBerry, and More
Tech stocks gained in intraday trading Tuesday, with the S&P 500 Information Technology Sector Index up 0.7% as of 2:30 p.m. ET Tuesday, while the broader S&P 500 was up 0.3%, and the tech-heavy Nasda...
Alibaba: Trust Is Make-or-Break for eCommerce Shoppers in China
Amid Alibaba's declining profits, the eCommerce giant is seeing its online shoppers' spending habits depend heavily on how trustworthy they feel the platform is.
Alibaba Stock Sinks as Profit Plunges on Investment Losses
American depositary receipts (ADRs) of Alibaba Group Holding (BABA) sank as the Chinese e-commerce giant's profit plunged on investment losses.
Alibaba Q4 profit sinks 86% year over year
Shares of Alibaba (BABA) are trading lower on Tuesday morning after the company posted an 86% loss in profit year-over-year. However, the company noted areas of acceleration, including customer growth...
Alibaba's stock slumps after another profit miss
Alibaba Group Holding Ltd. shares were on track to log their third post-earnings decline in as many quarters on Tuesday after the Chinese e-commerce company edged past revenue expectations for its lat...
China tech giant Alibaba posts modest yearly revenue growth
Chinese e-commerce giant Alibaba announced Tuesday a modest increase in annual revenue, as the firm pursues a major overhaul and regulatory curbs on the country's tech sector are relaxed.
Alibaba & Microsoft Unlocking Profits: How Options Trading Can Capitalize On Earnings & Breakouts - Microsoft (NASDAQ:MSFT)
On Friday May 10th, Live on Benzinga TV, Sandra Stone with Trading Made Simple LLC and Zunaid Soleman were discussing potential trade ideas.
Alibaba Quarterly Profit Sinks Despite Rise in Sales
Alibaba Group's profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses.
Alibaba Group reports 96% plummet in net income with BABA earnings
Alibaba Group Holdings reported some truly concerning Q4 2024 financial results today before US markets opened.
Chinese giant Alibaba posts 86% profit drop but beats revenue expectations
Alibaba posted a beat on revenue in its fiscal fourth quater ended March, but the Chinese e-commerce giant's net profit plunged.
China's Alibaba beats quarterly revenue estimates, profit drops
China's Alibaba Group Holding beat analysts' estimates for fourth-quarter revenue on Tuesday, as a focus on low-cost goods in response to cautious consumer spending helped boost domestic e-commerce sa...
Alibaba Group Announces March Quarter 2024 and Fiscal Year 2024 Results
HANGZHOU, China--(BUSINESS WIRE)---- $BABA #alibaba--Alibaba Group Holding Limited today announced its financial results for the quarter and fiscal year ended March 31, 2024.
Alibaba Has Surged on China Growth Hopes. Earnings Could Derail the Rally.
The stock is down4% over the past year, but has jumped 19% over a month. Inflation data disclosed over the weekend gave it a lift.
Alibaba (BABA): Are Chinese Stocks Becoming Compelling?
How will the BABA stock price react once earnings are released? Alibaba is largely comprised of ecommerce.
SoftBank has almost fully pulled out of Alibaba stock
SoftBank says it has almost entirely pulled out of Alibaba Group Holding Ltd (NYSE: BABA). Shares of the Chinese tech titan are still up some 4.0% on Monday.
Nio, Alibaba shares jump as China breakout rally looks set to continue: analyst
U.S.-listed shares of China-based companies were enjoying a broad rally Monday, and J.P. Morgan said their run-up since the start of the year could continue over the next several months despite all th...
Alibaba earnings forecast: Should you buy or sell the BABA dip?
Considered by many to be one of the biggest jewels of the Chinese economy, Alibaba Holding Limited (BABA) has been considered ‘China's Amazon' and an investors' darling for years.
Goldman Sachs discusses its divergent expectations for Tencent and Alibaba earnings
Ronald Keung, head of Asia internet research at Goldman Sachs, says it forecasts 20% earnings growth for Tencent but a mid to high single-digit decline in earnings for Alibaba.
South Korea signs agreement with AliExpress, Temu on product safety
South Korea's government signed an agreement on Monday with Alibaba's AliExpress and PDD Holdings' Temu to promote product safety, the Korea Fair Trade Commission (KFTC) said.