Alibaba Group Holding Limited (BABA)

NYSE: BABA · IEX Real-Time Price · USD
73.68
+1.50 (2.08%)
At close: Jul 2, 2024, 4:00 PM
73.72
+0.04 (0.05%)
After-hours: Jul 2, 2024, 7:59 PM EDT
2.08%
Market Cap 166.67B
Revenue (ttm) 130.72B
Net Income (ttm) 11.08B
Shares Out 2.26B
EPS (ttm) 4.30
PE Ratio 16.93
Forward PE 7.84
Dividend $1.65 (2.24%)
Ex-Dividend Date Jun 13, 2024
Volume 12,423,411
Open 72.32
Previous Close 72.18
Day's Range 71.97 - 73.78
52-Week Range 66.63 - 102.50
Beta 0.37
Analysts Strong Buy
Price Target 107.15 (+45.43%)
Earnings Date Aug 8, 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 and Tmall, which are digital retail platforms; Alimama, a propriet... [Read more]

Industry Internet Retail
IPO Date Sep 19, 2014
Employees 204,891
Stock Exchange NYSE
Ticker Symbol BABA
Full Company Profile

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 Statements

Analyst Forecast

According to 16 analysts, the average rating for BABA stock is "Strong Buy." The 12-month stock price forecast is $107.15, which is an increase of 45.43% from the latest price.

Price Target
$107.15
(45.43% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Alibaba is buying back more and more stock as prices extend selloff

Alibaba Group Holding Ltd. disclosed Tuesday that it continued to increase stock repurchases as prices struggled to gain traction.

13 hours ago - Market Watch

Alibaba, BYD Try to Turn Football Fans Into Shoppers

In Europe, amid the celebrations around the UEFA European football tournament, something else is part of the landscape now: Chinese company sponsors, from EV-maker BYD to AliExpress and AliPay. Ed Lud...

Other symbols: BYDDFBYDDY
1 day ago - Bloomberg Technology

CertiK Announces Completion of Migration to Alibaba Cloud In Asia

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- CertiK, Web3's leading blockchain security company, announced today that CertiK has successfully migrated its cloud infrastructure in Asia to Alibaba Cloud....

1 day ago - GlobeNewsWire

Alibaba Stock Has Languished While Tencent Has Soared. One Reason Why.

Shares in Tencent, like much of the rest of Chinese tech, have been slammed since Beijing began a crackdown on technology companies in late 2020.

Other symbols: TCEHY
4 days ago - Barrons

MSME Day 2024: Alibaba.com Commits to Scaling AI Tools for MSMEs

Strategic plans for a diverse supplier network and enhanced trade opportunities unveiled GENEVA , June 27, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-...

5 days ago - PRNewsWire

Alibaba president discusses AI strategy to help grow small businesses

The World Trade Organization is currently hosting its 40th Geneva Week in Switzerland, with an emphasis on small and medium enterprises (SMEs). Alibaba Group (BABA) preisdent Kuo Zhang joins Wealth!

6 days ago - Yahoo Finance

Alibaba Stock Looks Poised for a Rally. China Trade Tensions Could Be a Catalyst.

The shares are showing signs of a so-called golden cross, which indicates momentum.

6 days ago - Barrons

AliExpress Launches New Global Advertising Campaign for Olympic Games Paris 2024

Inspiring people from around the world to #FindYourSport Consumers have placed over 161 million orders for sporting goods on AliExpress since 2019* PARIS , June 25, 2024 /PRNewswire/ -- As the Worldwi...

7 days ago - PRNewsWire

Apple (AAPL) Adds Alibaba (BABA) & JD.com (JD) Apps to Vision Pro Headset

Apple (AAPL) added Alibaba (BABA) and JD.com (JD) apps to the Vision Pro Headset. According to Bloomberg Alibaba's Taobao app will allow users to simulate makeup looks and will offer virtual test driv...

Other symbols: AAPLJD
8 days ago - Schwab Network

Why Alibaba Stock Could Rally: Golden Cross In Sight

Alibaba Group Holding Ltd – ADR BABA BABAF is on the cusp of a Golden Cross, signaling potential bullish momentum ahead.

15 days ago - Benzinga

‘The China equity trade is back' and here are the stocks to pick, says SocGen

Early futures action suggest the S&P 500 SPX will open a fraction shy of the fresh record close hit this week.

24 days ago - Market Watch

Alibaba.com Taps AI to Lower International Merchant Barriers

Global business-to-business e-commerce service Alibaba.com is using AI technology to help lower the barriers for smaller businesses on its platform. Alibaba.com, a part of the Alibaba Group, launched ...

25 days ago - Bloomberg Markets and Finance

Alibaba.com President Kuo Zhang on China Overcapacity Concerns, Tariffs

Alibaba.com, a global business-to-business e-commerce platform owned by Alibaba Group, officially launched Alibaba Guaranteed, a cross-border trade service, to help simplify global sourcing for smalle...

25 days ago - Bloomberg Markets and Finance

Alibaba.com Launches Cross-Border Trade Service With Fixed Prices, Guaranteed Delivery

Alibaba.com has launched a new service in which it does more of the legwork involved in cross-border trade. For products sourced through Alibaba Guaranteed, which was officially launched Thursday (Jun...

26 days ago - PYMNTS

Alibaba.com Officially Launches Alibaba Guaranteed: Making Global Sourcing as Simple as Online Shopping

NEW YORK , June 6, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and part of Alibaba International Digital Commerce Group, today announced the o...

26 days ago - PRNewsWire

Alibaba Group Announces Completion of US$5 Billion Offering of Convertible Senior Notes

HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the compl...

4 weeks ago - Business Wire

AliExpress taps David Beckham for a brand ambassador deal

David Beckham is partnering with AliExpress this summer. Beckham will be the face of the "Score More" campaign running alongside the UEFA Euro 2024.

5 weeks ago - Business Insider

Alibaba's global arm signs David Beckham as international e-commerce brand ambassador

Soccer star David Beckham has signed his latest advertising deal with Alibaba's international e-commerce platform AliExpress, the business unit said Monday. The deal comes against the backdrop of Chin...

5 weeks ago - CNBC

Alibaba open sources AI technology to support customer growth, exec says

Selina Yuan, president of Alibaba Cloud's international division, comments on how the firm has progressed with artificial intelligence and language models since 2018.

5 weeks ago - CNBC International TV

Mizuho Securities analyst names 3 bright spots in China's internet sector

James Lee, U.S. and China internet analyst at Mizuho Securities, says travel, e-commerce and cloud computing are "very encouraging" segments within the sector.

Other symbols: BIDUTCEHY
5 weeks ago - CNBC International TV

AMD, Workday, Alibaba, Super Micro Computer, and Other Tech Stocks in Focus Today

Tech stocks were looking to rebound early Friday after even Nvidia's stellar earnings couldn't prevent broader losses in the previous session.

Other symbols: AMDSMCIWDAY
5 weeks ago - Barrons

Alibaba to Raise $4.5 Billion Through Convertible Bonds to Fund Buybacks

The Chinese company plans to raise $4.5 billion through a convertible-bond issue to fund share repurchases, following a similar move by rival e-commerce giant JD.com.

5 weeks ago - WSJ

Alibaba Group Prices US$4,500 Million Offering of Convertible Senior Notes

HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the prici...

5 weeks ago - Business Wire

Alibaba to offer $4.5 billion in convertible debt to help pay for share buybacks

The U.S.-listed shares of Alibaba Group Holding Ltd. BABA, -0.24% edged up 0.1% in morning trading Friday, after the China-based ecommerce giant said it planned to sell $4.5 billion worth of convertib...

5 weeks ago - Market Watch

China's Alibaba to raise $4.5 bln through convertible notes offering

Alibaba Group Holding said on Thursday it would sell $4.5 billion in convertible senior notes and plans to repurchase American Depositary Shares using some of the proceeds.

5 weeks ago - Reuters