Alibaba Group Holding Limited (BABA)
| Market Cap | 164.02B |
| Revenue (ttm) | 130.72B |
| Net Income (ttm) | 11.08B |
| Shares Out | 2.14B |
| EPS (ttm) | 4.31 |
| PE Ratio | 17.37 |
| Forward PE | 7.84 |
| Dividend | $1.65 (2.16%) |
| Ex-Dividend Date | Jun 13, 2024 |
| Volume | 9,292,982 |
| Open | 75.26 |
| Previous Close | 75.40 |
| Day's Range | 74.55 - 76.77 |
| 52-Week Range | 66.63 - 102.50 |
| Beta | 0.32 |
| Analysts | Strong Buy |
| Price Target | 107.15 (+40.01%) |
| 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]
Financial Performance
In 2023, Alibaba'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 StatementsAnalyst 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 40.01% from the latest price.
News
China Baby Stores Market Research Report 2024 Featuring Alibaba, JD, Kidswant Children Products, Shanghai Aiyingshi, & Zhuhai LBaby New Retail Management
Dublin, July 26, 2024 (GLOBE NEWSWIRE) -- The "Baby Stores in China - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering. This report covers the scope, size, d...
Alibaba and Baidu Stocks Rise. Blame China's Surprise Rate Cut.
The move is a sign of concerns that growth is weak, says UBS's Paul Donovan.
Final Trade: NFLX, BABA, MLPX, BTC
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What's Happening With Alibaba Stock?
Chinese e-commerce and cloud behemoth Alibaba stock has been a weak performer this year, rising by just about 1% since early January. In comparison, its U.S.-based peer Amazon has gained a solid 27% o...
Chinese Stocks Fall on Disappointing Economic Growth
Baidu, Alibaba, and Tencent were falling on Monday.
Nio, Alibaba shares fall on weak China data and improved odds of a Trump win
The U.S.-listed shares of China-based companies took a broad hit Monday after data showed that China's economy grew at a weaker rate than expected in the second quarter.
Big Foundation Slashes Stakes in Chinese Stocks Alibaba, JD.com
Wellcome Trust, a charitable foundation focused on science and health, sold most of its U.S.-traded shares of the Cinese tech companies.
Alibaba: Generative AI Tools Drive 30% Increase in eCommerce Orders
Alibaba Group is reportedly using generative artificial intelligence to strengthen its renewed efforts to expand overseas.
Olympian and Four-time NBA Champion Tony Parker Named as Face of Alibaba.com's Olympic Games Paris 2024 Campaign
The basketball legend-turned-entrepreneur will front Alibaba.com's campaign—"Same Player, New Game"—for the Olympic Games Paris 2024 alongside two other sporting stars who are also winning in business...
Alibaba stock price analysis: the comeback could be epic
Alibaba (NYSE: BABA) stock price record of underperformance has continued this year. It has dropped by over 1.50% this year as the Nasdaq 100 and S&P 500 indices soared by double digits.
Alibaba bets on gen AI tools for overseas merchants, executive says
Chinese tech giant Alibaba's international e-commerce unit is tapping generative AI-powered tools to help cross-border merchants with translation, content creation and product returns, group vice pres...
Nasdaq Index, Dow Jones, S&P 500 News: Morphic Holding Shares Surge Over 75%; Alibaba Group Stumbles
Nasdaq flat, but Alibaba shares dip 1.17% pre-market as AI progress showcased at Shanghai conference.
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.
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...
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....
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.
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-...
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!
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.
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...
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...
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.
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 ...