Alibaba Group Holding Limited (BABA)
| Market Cap | 220.73B |
| Revenue (ttm) | 126.45B |
| Net Income (ttm) | 10.55B |
| Shares Out | 2.56B |
| EPS (ttm) | 3.99 |
| PE Ratio | 21.45 |
| Forward PE | 9.79 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,980,443 |
| Open | 85.17 |
| Previous Close | 85.28 |
| Day's Range | 85.17 - 86.95 |
| 52-Week Range | 58.01 - 125.84 |
| Beta | 0.65 |
| Analysts | Strong Buy |
| Price Target | 144.25 (+67.46%) |
| Earnings Date | May 18, 2023 |
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]
Financial Performance
In 2023, 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 StatementsAnalyst Forecast
According to 24 analysts, the average rating for BABA stock is "Strong Buy." The 12-month stock price forecast is $144.25, which is an increase of 67.46% from the latest price.
News
China Stocks Rise Again Amid PMIs and Stimulus Hopes. It Bodes Well for Alibaba.
The prospect of government stimulus and signs of a strengthening Chinese consumer could be tailwinds for the e-commerce giant.
Final Trades: Alibaba, Cooper, Dish Network, Delta Air Lines
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
China Stocks Jump on Stimulus Hopes. Alibaba, Baidu Rise.
The government is considering extra support for the property market, Bloomberg reported Friday.
Alibaba Stock Looks Undervalued At $80 Per Share
Alibaba stock has declined by close to 11% this year to date, as an anticipated rebound in consumer spending in China following the big Covid-19 unlock earlier this ye
Alibaba begins rollout of its ChatGPT-style tech as China A.I. race heats up
Alibaba says Tongyi Tingwu, its AI-powered assistant, can analyze multimedia content and generate a text summary from video and audio files.
Alibaba and Didi Stocks Are Moving After China's Factory Slump Worsens
U.S.-traded shares of Chinese companies Alibaba Group Holding and Didi Global are seeing different reactions Wednesday after weak data on manufacturing pulled down stocks in Hong Kong.
Alibaba Unveils Its Spin-Off Plans
Chinese e-commerce giant Alibaba Group Holdings Ltd. NASDAQ: BABA announced in November 2022 that it would be spinning off six companies.
Chinese ADRs slump premarket after weaker-than-expected manufacturing data
The U.S.-listed stock of Chinese companies moved mostly lower early Wednesday, after weak manufacturing data. China's official manufacturing purchasing managers index fell to 48.8 in May, from 49.2 in...
China will have to deploy more fiscal stimulus and targeted easing, HSBC strategist says
Georgios Leontaris, chief investment officer for EMEA at HSBC Global Private Banking and Wealth, discusses the Chinese economic outlook and its market implications.
Alibaba Options Traders Bet On Stock Jumping This Much By July Expiration - Alibaba Group Holding (NYSE:BABA)
The U.S. is gearing up for cabinet-level talks with China, which is expected to have a significant impact on trade between the two countries. Options traders are betting this could be great news for C...
Options Action: Alibaba's stock benefits from optimism around U.S.-China talks
Kevin Kelly, Kelly Intelligence CEO, joins CNBC's Melissa Lee and the Options Action traders to discuss optimism surrounding news there will be cabinet level talks between the U.S. and China.
MongoDB and Alibaba Cloud Extend Global Partnership
Collaboration enables Alibaba Cloud customers to use MongoDB's flexible and highly scalable document-based data model and has led to 8x growth in usage since 2019 G-bit, Xindong, and Pumpkin Film amon...
Alibaba Leads China Stocks to Slump as Covid Fears Return, Risking Economic Rebound
A senior health advisor has warned that China could face 65 million weekly Covid-19 infections in June, according to reports. It risks the rebound story.
Alibaba's Cloud Potential
Alibaba Group Holding Ltd. ( BABA , Financial) has lost significant value since 2021 due to Covid-19 disruptions, the regulatory tech crackdown and macro adversities.
Al Gore's Firm Says Buying Alibaba Stock Was a ‘Mistake'
Generation Investment exited its stake in Chinese online giant Alibaba in the first quarter. It bought Microsoft, Texas Instruments, and Coupang stock.
Alibaba's Cloud Arm Is Said to Cut 7% of Staff in Overhaul
Chinese e-commerce giant Alibaba Group Holding Ltd.'s cloud division has begun a round of job cuts that could reduce its staff by about 7%, according to a person familiar with the matter.
Alibaba's Prized Cloud and AI Arm Is Slashing Jobs. Brace for the IPO.
Alibaba announced the biggest restructuring in its history earlier this year, and signaled last week that its cloud unit could be the first division to go public on its own.
Alibaba to cut 7% of workforce in its cloud unit as it pursues IPO for the division
Alibaba's CEO Daniel Zhang has long-seen cloud computing as a key part of the e-commerce giant's future.
China's internet giants bet big on A.I. as Beijing looks to rival U.S. on tech 'paradigm shift'
On their March quarter earnings calls, Chinese tech giants Baidu, Alibaba and Tencent outlined progress they're making with the development of generative AI.
Alibaba's Business Value Keeps Rising
Charlie Munger (Trades, Portfolio)'s Daily Journal Corp. ( DJCO , Financial) owns four stocks, collectively valued at more than $160 million according to 13F filings. Chinese e-commerce giant Alibaba ...
Alibaba, Baidu and Tencent Signal First Steps in Bumpy Recovery
The economy is open again, helping Alibaba, Baidu and Tencent claw back in the first quarter from a miserable 2022, though they will likely face continuing skepticism from investors.
These are the top 10 stocks held by 'Big Short' investor Michael Burry
Michael Burry invested a lot of money into the stock market last quarter, according to 13F filings. The "Big Short" investor who has held a bearish tilt towards stocks initiated 17 new positions last ...
Why Alibaba's business shakeup isn't helping its stock
Alibaba Group Holding Ltd. is moving quickly to split up its business in a bid to unlock more value for shareholders, but the company's broader challenges continue to drag the stock down.
Alibaba Options Traders Bet On Stock Surging This Much By September Expiration - Alibaba Group Holding (NYSE:BABA)
Alibaba Group Holding Limited BABA shares dropped on Thursday following the release of fourth-quarter financial results.