Alibaba Group Holding Limited (BABA)
NYSE: BABA · Real-Time Price · USD
85.14
+2.86 (3.48%)
At close: Dec 23, 2024, 4:00 PM
85.04
-0.10 (-0.12%)
After-hours: Dec 23, 2024, 6:44 PM EST

Alibaba Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Alibaba stock have an average target of 111.86, with a low estimate of 85 and a high estimate of 130. The average target predicts an increase of 31.38% from the current stock price of 85.14.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $85 $111.86 $115 $130
Change -0.16% +31.38% +35.07% +52.69%
* Price targets were last updated on Nov 19, 2024.

Analyst Ratings

The average analyst rating for Alibaba stock from 15 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 1099977
Buy 444566
Hold 333222
Sell 000000
Strong Sell 000000
Total 171616161515

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$137$130
Buy Maintains $137$130 +52.69% Nov 19, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$118
Strong Buy Reiterates $118 +38.60% Nov 18, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$118
Strong Buy Reiterates $118 +38.60% Nov 15, 2024
Mizuho
Mizuho
Buy
Maintains
$92$113
Buy Maintains $92$113 +32.72% Nov 12, 2024
Baird
Baird
Buy
Maintains
$88$110
Buy Maintains $88$110 +29.20% Oct 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1,020.27B
from 941.17B
Increased by 8.41%
Revenue Next Year
1,110.83B
from 1,020.27B
Increased by 8.88%
EPS This Year
64.13
from 31.24
Increased by 105.25%
EPS Next Year
72.23
from 64.13
Increased by 12.64%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Mar 31, 2020 Mar 31, 2021 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Mar 31, 2026 Mar 31, 2027
Revenue
509.71B717.29B853.06B868.69B941.17B1,020.27B1,110.83B1,200.12B
Revenue Growth
35.26%40.72%18.93%1.83%8.34%8.41%8.88%8.04%
EPS
55.9254.6822.7427.4631.2464.1372.2382.21
EPS Growth
67.56%-2.22%-58.42%20.77%13.79%105.25%12.64%13.81%
Forward PE
-----9.698.607.56
No. Analysts -----464428
Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 1.1T 1.2T 1.3T
Avg 1.0T 1.1T 1.2T
Low 964.1B 1.0T 1.1T

Revenue Growth

Revenue Growth 20252026202720282029
High
13.0%
15.2%
15.0%
Avg
8.4%
8.9%
8.0%
Low
2.4%
2.2%
-0.2%

EPS Forecast

EPS 202520262027
High 70.41 82.31 98.98
Avg 64.13 72.23 82.21
Low 56.89 61.04 65.99

EPS Growth

EPS Growth 202520262027
High
125.4%
28.4%
37.0%
Avg
105.2%
12.6%
13.8%
Low
82.1%
-4.8%
-8.6%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.