Alibaba Group Holding Limited (BABA)

NYSE: BABA · IEX Real-Time Price · USD
73.52
+0.10 (0.14%)
At close: Mar 18, 2024, 4:02 PM
73.57
+0.05 (0.07%)
After-hours: Mar 18, 2024, 7:59 PM EDT
0.14%
Market Cap 184.25B
Revenue (ttm) 130.82B
Net Income (ttm) 14.10B
Shares Out 2.55B
EPS (ttm) 5.38
PE Ratio 13.65
Forward PE 8.05
Dividend $1.00 (1.36%)
Ex-Dividend Date Dec 20, 2023
Volume 7,774,488
Open 73.42
Previous Close 73.42
Day's Range 73.33 - 74.02
52-Week Range 66.63 - 105.05
Beta 0.47
Analysts Strong Buy
Price Target 123.18 (+67.55%)
Earnings Date Feb 7, 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]

Industry Internet Retail
IPO Date Sep 19, 2014
Employees 235,216
Stock Exchange NYSE
Ticker Symbol BABA
Full Company Profile

Financial Performance

In 2022, BABA's revenue was 868.69 billion, an increase of 1.83% compared to the previous year's 853.06 billion. Earnings were 72.51 billion, an increase of 17.03%.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for BABA stock is "Strong Buy." The 12-month stock price forecast is $123.18, which is an increase of 67.55% from the latest price.

Price Target
$123.18
(67.55% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

AliExpress Levels Up Experience for U.S. Customers with Updated Shopping Guarantees and a Redesigned Mobile App

The updates roll out just in time for the brand's 14th Anniversary Sale, with deals up to 70% off from March 18 through March 27 LOS ANGELES, March 18, 2024 /PRNewswire/ -- AliExpress, an internationa...

11 hours ago - PRNewsWire

Alibaba, JD.Com, Other China Stocks Rise. Why Economic Data Point to More Gains.

China's industrial output grew 7% year-over-year in the first two months of 2024, the fastest growth in two year.

Other symbols: JDBIDU
17 hours ago - Barrons

Chinese Stocks Rallied. Why Caution on Alibaba and Others Is Still Warranted.

U.S.-China tensions could weigh on earnings for Chinese tech stocks like Alibaba, according to an analyst.

3 days ago - Barrons

EC Deepens Investigation of AliExpress Compliance With Digital Services Act

The European Commission (EC) has opened formal proceedings to determine whether AliExpress breached requirements of the Digital Services Act.

4 days ago - PYMNTS

EU probes AliExpress over possibly illegal online products

Alibaba's AliExpress could face a hefty fine after the European Commission on Thursday opened an investigation into dissemination of potentially illegal and pornographic materials, the third such prob...

4 days ago - Reuters

EU launches probe into AliExpress over pornography on platform

Alibaba Group Holding Ltd (NYSE: BABA) is in focus today after the European Commission launched a probe into its eCommerce platform – AliExpress. Did AliExpress violated the Digital Services Act?

4 days ago - Invezz

AliExpress is first online marketplace to face DSA investigation by EU

The European Union has opened its third formal investigation of a very large platform under the Digital Services Act (DSA), with China's AliExpress earning itself the dubious honor of being the first ...

4 days ago - TechCrunch

EU opens probe into Alibaba's AliExpress over illegal content, pornography on platform

EU opens probe into Alibaba's AliExpress over illegal content, pornography on platform

4 days ago - CNBC

Alibaba plans to invest $1.1 bln in South Korea, Yonhap reports

Alibaba Group plans to invest $1.1 billion in South Korea over the next three years to build a logistics center and expand businesses, South Korean news agency Yonhap reported on Thursday.

5 days ago - Reuters

Alibaba's Media Arm To Invest $640 Million In Hong Kong Entertainment Industry

The entertainment and media arm of Chinese tech giant Alibaba Group Holding will deploy at least HK$5 billion ($640 million) over the next five years to promote the development of Hong Kong's entertai...

5 days ago - Forbes

Alibaba's Media Arm to Invest $640 Million in Hong Kong Entertainment

Alibaba Group's media and entertainment arm will invest in movies, television dramas and creative events in Hong Kong over the next five years.

6 days ago - WSJ

Alibaba's Lingxi Games says management to step down to make way for younger execs

Lingxi Games, Alibaba Group's video games arm, has told staff its leadership team will step down to make way for younger management, according to an internal memo.

10 days ago - Reuters

Alibaba could get a big boost from NPC policies to spur consumer spending: Analyst

David Riedel of Riedel Research Group shares stocks he thinks will benefit from policies coming from China's National People's Congress.

10 days ago - CNBC International TV

South Korea probes data protection by e-commerce platforms like AliExpress, Temu

South Korea's personal data protection watchdog said on Thursday it is looking into consumer data practices of major overseas shopping platforms, as South Korean use of Chinese e-commerce platforms li...

Other symbols: PDD
11 days ago - Reuters

Alibaba Releases Report on Cross-Border Trade's Positive Impact on the U.S. Economy

New report quantifies the positive economic impacts of cross-border trade conducted by businesses leveraging Alibaba platforms, tools and solutions NEW YORK , March 6, 2024 /PRNewswire/ -- Alibaba Gro...

12 days ago - PRNewsWire

Alibaba to Invest in China AI Firm MiniMax at $2.5 Billion Valuation

Bloomberg has learned that Chinese e-commerce giant Alibaba Group Holding Ltd. is spearheading its second major deal in the artificial intelligence space this year.

12 days ago - Bloomberg Markets and Finance

Giant Pension Bought Apple, Microsoft, Tesla, and Alibaba Stock Ahead of 2024

Canada Pension Plan, one of the largest in the world, doubled its investment in Apple stock, initiated a position in Alibaba, and bought more Microsoft and Tesla.

Other symbols: AAPLMSFTTSLA
15 days ago - Barrons

Key competitors to Baidu's cloud business are not Alibaba or Tencent: Analyst

Shawn Yang of Arete Research says that Baidu is "still doing better" than Alibaba or Tencent when it comes to AI development.

Other symbols: BIDUTCEHY
17 days ago - CNBC International TV

Alibaba.com's Annual March Expo Highlights Small Business Sourcing Trends and Rolls Out More Guaranteed Services

NEW YORK , Feb. 29, 2024 /PRNewswire/ -- Alibaba.com , a leading platform for global business-to-business (B2B) e-commerce and part of Alibaba International Digital Commerce Group, today released new ...

18 days ago - PRNewsWire

AliExpress Marks Choice Anniversary with Deals and New Ambassadors

SINGAPORE , Feb. 29, 2024 /PRNewswire/ -- AliExpress, an international online retail marketplace under Alibaba International Digital Commerce Group, is celebrating the first anniversary of its Choice ...

18 days ago - PRNewsWire

Alibaba Cuts China Cloud Prices to Rekindle Division's Growth

Alibaba Group will cut cloud product prices in China to boost a promising division whose sales have slowed in recent quarters amid rising competition.

18 days ago - WSJ

China's Alibaba Cuts Cloud Service Price to Super AI Business

Chinese internet pioneer Alibaba Group Holding Ltd. is rolling out its second major cost cuts for cloud services in years.

18 days ago - Bloomberg Markets and Finance

Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China

The move aims to make "cloud capabilities more inclusive and accessible in the era of AI," said Alibaba Cloud on Thursday.

18 days ago - CNBC

China's Alibaba Cloud rolls out price cuts of up to 55% on cloud products

China's Alibaba Cloud said on Thursday it will cut prices on its cloud service products by an average of 20% in its second large-scale price adjustment programme in recent years.

18 days ago - Reuters

Alibaba Leads Record Deal to Create $2.5 Billion China AI Firm

Alibaba Group Holding Ltd. led the largest single financing round for a Chinese artificial intelligence startup, joining Tencent Holdings Ltd.

19 days ago - Bloomberg Markets and Finance