Alibaba Group Holding Ltd (BABA)

NYSE: BABA · IEX Real-Time Price · USD
94.77
-0.10 (-0.11%)
At close: Aug 12, 2022 4:01 PM
94.68
-0.09 (-0.09%)
After-hours: Aug 12, 2022 7:59 PM EDT
-0.11%
Market Cap 250.96B
Revenue (ttm) 127.30B
Net Income (ttm) 5.90B
Shares Out 2.65B
EPS (ttm) 3.14
PE Ratio 30.18
Forward PE 11.22
Dividend n/a
Ex-Dividend Date n/a
Volume 17,846,425
Open 91.51
Previous Close 94.87
Day's Range 91.43 - 94.80
52-Week Range 73.28 - 189.26
Beta 0.58
Analysts Buy
Price Target 162.29 (+71.2%)
Earnings Date Aug 4, 2022

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 Marketplace, a social commerce platform; Tmall, a third-party onli... [Read more...]

Industry Internet & Direct Marketing Retail
IPO Date Sep 19, 2014
CEO Yong Zhang
Employees 245,700
Stock Exchange NYSE
Ticker Symbol BABA
Full Company Profile

Financial Performance

In 2021, BABA's revenue was 853.06 billion, an increase of 18.93% compared to the previous year's 717.29 billion. Earnings were 62.25 billion, a decrease of -58.66%.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 53 analysts, the average rating for BABA stock is "Buy." The 12-month stock price forecast is 162.29, which is an increase of 71.25% from the latest price.

Price Target
$162.29
(71.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

I don't see Alibaba delisting from the U.S., says Kraneshares' Brendan Ahern

Brendan Ahern, Kraneshares CIO, joins 'The Exchange' to discuss China stocks delisting amid audit tensions and U.S.-China relations.

This Stock Could Delist From the NYSE: What It Means for Investors

Reporting issues could push Alibaba off the New York Stock Exchange.

Chinese Stocks Alert: Why Are BABA, PDD, JD, TCEHY Down Today?

Chinese stocks are down across the board today after five of the largest state-owned companies in China announced plans to delist from U.S. exchanges. Shockwaves are rippling through markets today on ne...

Other symbols: JD

China regulator says Alibaba, Tencent have submitted app algorithm details

China's top internet watchdog said on Friday tech giants such as Tencent Holdings and Alibaba Group have submitted details of algorithms used in some of their products, complying with a drive by authori...

Other symbols: TCEHY

With Alibaba stake cut, SoftBank's Son cools toward China tech

SoftBank Group Corp's decision to sell down its Alibaba Group Holding stake for a $34 billion gain may be aimed at shoring up cash reserves, but it also underlines how CEO Masayoshi Son has cooled on Ch...

Other symbols: SFTBY

SoftBank shares rise 3% on news of trimming Alibaba stake

Shares in SoftBank Group Corp rose 3% in morning trading in Tokyo on Friday after the Japanese conglomerate said it would book a $34.1 billion gain by trimming its stake in Alibaba Group Holding.

Other symbols: SFTBY

Why Shares of Alibaba, JD.com, and Full Truck Alliance Are Rising Today

Inflation data is coming in better than expected and the Street had some positive sentiment on Alibaba.

Other symbols: JDYMM

First Eagle Dumps Alibaba, Buys Walmart

First Eagle Investment (Trades, Portfolio) disclosed its second-quarter equity portfolio earlier this month.

Other symbols: WMT

SoftBank To Gain $34 Billion By Cutting One-Third Of Alibaba Stake

Masayoshi Son is going to bolster the coffers of his SoftBank Group with a $34 billion gain from cutting its stake in Chinese e-commerce giant Alibaba.

Other symbols: SFTBY

Explainer - How will SoftBank cut its stake in Alibaba without selling shares?

SoftBank Group Corp is set to post a gain of $34.1 billion by reducing its stake in Alibaba Group Holding from 23.7% to 14.6%.

Other symbols: SFTBY

2 Reasons Investors Should Not Give Up On Alibaba Just Yet

There are still good reasons to be optimistic about Alibaba's prospects.

SoftBank to trim Alibaba stake to 14.6%, poised to book $34B gain

Masayoshi Son famously built his war chest by pumping $20 million into Alibaba two decades ago. Over the years the Chinese e-commerce behemoth has become a way for the billionaire founder of SoftBank Gr...

Other symbols: SFTBY

Big Tech Seen Cutting Back On Cloud Computing Spending In 2023

Big tech continued to spend aggressively on cloud computing in the June quarter. But some analysts expect a dramatic slowdown in 2023.

Alibaba Stock Sale to Give SoftBank Higher-Than-Expected $34 Billion Gain

SoftBank is shrinking its Alibaba holding down to 14.6% from 23.7%.

Other symbols: SFTBY

SoftBank to Reduce Alibaba Stake, Expects $34 Billion in Gains

The Japanese tech investor has been reducing its ties to the Chinese e-commerce company and using holdings to raise cash.

Other symbols: SFTBY

SoftBank to book $34 billion gain from Alibaba shares

TOKYO (Reuters) -SoftBank Group Corp on Wednesday said it will book an estimated gain of 4.6 trillion yen ($34.08 billion) on settling prepaid forward contracts using shares in Alibaba Group Holding, re...

Other symbols: SFTBY

Alibaba Says Its Primary Listing in Hong Kong Has Been Approved

The move will allow Chinese investors to trade directly in the stock and should foster a more diversified investor base.

Alibaba's Primary Listing in Hong Kong Is Approved

The move will allow Chinese investors to trade directly in the stock.

Alibaba gets Hong Kong's approval for a primary stock listing

Alibaba is making Hong Kong a "primary" listing for its shares, paving the way for mainland China investors to trade the stock directly.

Is Trending Stock Alibaba Group Holding Limited (BABA) a Buy Now?

Recently, Zacks.com users have been paying close attention to Alibaba (BABA). This makes it worthwhile to examine what the stock has in store.

Alibaba Has 1 Monster Hidden Asset

Alibaba was set to IPO its stake in Ant Group in 2020 at a massive valuation. The company may be rekindling the IPO.

Why Alibaba Fell Hard on Friday

A day after a better-than-feared earnings report gave it a boost, Alibaba retreated again amid broader caution over Chinese stocks.

Alibaba (BABA) Q1 Earnings Beat Estimates, Revenues Fall Y/Y

Alibaba's (BABA) first-quarter fiscal 2023 results reflect strength across China commerce wholesale, International commerce wholesale, cloud and logistics businesses.

Alibaba earnings highlight ‘attractive turnaround story,' though stock gives back gains

Alibaba Group Holding Ltd.'s shares looked to be giving back their post-earnings gains in Friday trading, but analysts generally had praise for the Chinese e-commerce giant's latest results.

Things are getting a little better for Alibaba now, asset management firm says

Shawn Yang of Blue Lotus Capital Advisors says the June quarter was probably the worst for Alibaba, but the situation is improving. That said, competition from other companies remains, Yang says.