Alibaba Group Holding Limited (BABA)
NYSE: BABA · Real-Time Price · USD
105.07
+9.61 (10.07%)
At close: Sep 26, 2024, 4:00 PM
104.90
-0.17 (-0.16%)
After-hours: Sep 26, 2024, 6:36 PM EDT
Alibaba Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Alibaba stock have an average target of 105.9, with a low estimate of 85 and a high estimate of 130. The average target predicts an increase of 0.79% from the current stock price of 105.07.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Alibaba stock from 16 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 10 | 9 | 10 | 9 | 9 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 17 | 16 | 17 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy Maintains $115 | Strong Buy | Maintains | $115 | +9.45% | Aug 29, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $90 | Hold | Maintains | $90 | -14.34% | Aug 23, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $135 → $130 | Buy | Maintains | $135 → $130 | +23.73% | Aug 19, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $118 | Strong Buy | Reiterates | $118 | +12.31% | Aug 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $110 → $100 | Strong Buy | Maintains | $110 → $100 | -4.83% | Aug 16, 2024 |
Financial Forecast
Revenue This Year
1,026.66B
from 941.17B
Increased by 9.08%
Revenue Next Year
1,114.98B
from 1,026.66B
Increased by 8.60%
EPS This Year
64.05
from 31.24
Increased by 105.01%
EPS Next Year
71.73
from 64.05
Increased by 11.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.1T | 1.2T | 1.3T | ||
| Avg | 1.0T | 1.1T | 1.2T | ||
| Low | 964.3B | 1.0T | 1.1T |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.7% | 15.7% | 17.3% | ||
| Avg | 9.1% | 8.6% | 7.7% | ||
| Low | 2.5% | 0.5% | -1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 74.84 | 85.32 | 100.07 | ||
| Avg | 64.05 | 71.73 | 80.87 | ||
| Low | 53.51 | 50.87 | 54.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 139.5% | 33.2% | 39.5% | ||
| Avg | 105.0% | 12.0% | 12.7% | ||
| Low | 71.3% | -20.6% | -24.0% |
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.