Alibaba Group Holding Limited (BABA)

NYSE: BABA · IEX Real-Time Price · USD
73.35
-2.33 (-3.08%)
At close: Jun 14, 2024, 4:00 PM
73.40
+0.05 (0.07%)
After-hours: Jun 14, 2024, 7:59 PM EDT
-3.08%
Market Cap 172.64B
Revenue (ttm) 130.72B
Net Income (ttm) 11.08B
Shares Out 2.35B
EPS (ttm) 4.31
PE Ratio 16.67
Forward PE 7.84
Dividend $2.66 (3.63%)
Ex-Dividend Date Jun 13, 2024
Volume 18,052,307
Open 74.21
Previous Close 75.68
Day's Range 73.26 - 74.29
52-Week Range 66.63 - 102.50
Beta 0.37
Analysts Strong Buy
Price Target 107.15 (+46.08%)
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 46.08% from the latest price.

Price Target
$107.15
(46.08% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

‘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.

7 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 ...

8 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...

8 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...

8 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...

9 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...

16 days 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.

19 days 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...

19 days 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.

19 days 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
19 days 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
22 days 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.

22 days 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...

22 days 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...

23 days 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.

23 days ago - Reuters

Alibaba Group Announces Filing of Annual Report on Form 20-F for Fiscal Year 2024

HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter)) today announced that it filed its annual report on Form 20-F for the f...

23 days ago - Business Wire

Alibaba Group Announces Proposed 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 a propose...

23 days ago - Business Wire

Alibaba bets on AI to fuel cloud growth as it expands globally to catch up with U.S. tech giants

Alibaba expanded the availability zones of its cloud computing products to Mexico for the first time, and it will build new data centers in key markets including Malaysia and South Korea. The push for...

23 days ago - CNBC

Alibaba's Hong Kong shares drop 5% after report of possible $5 billion convertible bond sale

Hong Kong-listed shares of Alibaba ended the trading day 5.24% lower, after falling more than 6% earlier in the day. Bloomberg reported that the Chinese tech giant is considering selling convertible b...

23 days ago - CNBC

LVMH deepens partnership with Alibaba to boost tech presence in China

French Luxury group LVMH is to deepen its partnership with Alibaba to leverage the firm's cloud and artificial intelligence capacities and boost its presence in China, it said on Wednesday.

Other symbols: LVMUY
24 days ago - Reuters

Chinese tech giants slash prices of language models used to power AI chatbots

Chinese tech giants Alibaba and Baidu slashed prices on Tuesday of large-language models (LLMs) used to power generative artificial intelligence products, as a price war in the cloud computing sector ...

Other symbols: BIDU
25 days ago - Reuters

Alibaba has a 'decent shot' at turning its business around within a couple of years, UOB says

Qi Wang, chief investment officer (wealth management) of UOB Kay Hian, discusses the Chinese e-commerce giant's results.

26 days ago - CNBC International TV

Alibaba and Other Chinese Stocks Are Rallying. Why It Won't Last.

While Alibaba and other Chinese names could have more near-term upside, don't expect continued outperformance, says James Reilly, an analyst at Capital Economics,.

4 weeks ago - Barrons

Alibaba Shares Rise as Investors Grow Confident in Outlook

The e-commerce giant's shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.

4 weeks ago - WSJ

Bullish on ABNB, BABA, AMZN

Airbnb (ABNB), Alibaba (BABA), and Amazon (AMZN) are today's big three stocks. Ben Lichtenstein and Joel Hawthorne discuss the technical trends, as well as how to trade these names.

Other symbols: AMZNABNB
4 weeks ago - Schwab Network