Alibaba Group Holding Limited (BABA)
| Market Cap | 182.60B |
| Revenue (ttm) | 130.82B |
| Net Income (ttm) | 14.10B |
| Shares Out | 2.42B |
| EPS (ttm) | 5.34 |
| PE Ratio | 13.98 |
| Forward PE | 7.84 |
| Dividend | $1.00 (1.32%) |
| Ex-Dividend Date | Dec 20, 2023 |
| Volume | 13,743,325 |
| Open | 76.19 |
| Previous Close | 75.11 |
| Day's Range | 75.06 - 76.93 |
| 52-Week Range | 66.63 - 102.50 |
| Beta | 0.46 |
| Analysts | Strong Buy |
| Price Target | 113.55 (+50.3%) |
| Earnings Date | May 16, 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]
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 StatementsAnalyst Forecast
According to 17 analysts, the average rating for BABA stock is "Strong Buy." The 12-month stock price forecast is $113.55, which is an increase of 50.30% from the latest price.
News
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China Growth Tops Forecasts but Alibaba Stock Is Falling. Here's Why.
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Jack Ma sends longest memo to Alibaba employees in 5 years
Jack Ma has some words of encouragement for Alibaba Group employees. In a roughly page-long memo, he addressed the company's shortcomings, Reuters reported.
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In the past year, Alibaba underwent a historic re-organization and sweeping management changes in a bid to return the Chinese technology giant to growth.
Alibaba Billionaire Jack Ma Returns To Spotlight, Praises Company Leaders Amid Massive Restructuring
Alibaba cofounder Jack Ma endorsed the Chinese giant's sweeping restructuring efforts and praised company leadership in a memo to employees, according to news reports, prompting a surge in shares and ...
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Jack Ma Praises Alibaba's Leadership, Restructuring
The Alibaba co-founder praised the company's leadership and the ongoing restructuring in a memo to employees, a rare move for the billionaire since stepping away from the spotlight in recent years.
Alibaba founder Jack Ma steps out from shadows with long internal post
Alibaba co-founder Jack Ma has penned a rare lengthy memo to employees that expresses support for the internet giant's restructuring efforts, a sign that he may be willing to take a more active role a...
Alibaba Cuts Cloud Prices Globally as AI Demand Quickens
Alibaba Group Holding Ltd. is cutting prices for cloud customers outside of China by as much as 59%.
Alibaba Offers Deep Cloud Discounts Amid AI Boom
Chinese conglomerate Alibaba is reportedly offering steep price cuts to its cloud customers. These markdowns — as high as 59% and aimed at customers from the U.S. to Singapore — come amid a leap in de...
Alibaba Slashes Prices for Cloud Products To International Customers in AI Push
Chinese conglomerate Alibaba Group Holdings' (BABA) cloud division on Monday announced big price cuts for its international customers as it tries to increase its reach into artificial intelligence (AI...
Alibaba Cloud Slashes Prices for International Customers
Alibaba Cloud is lowering prices for international users as it looks to attract more customers in the era of artificial intelligence, cutting some price tags by up to 59%.
Alibaba Cloud announces price cut on products powered by offshore data centers
China's Alibaba Cloud on Monday said it will cut prices for products that are powered by its offshore data centers by as much as 59% amid rising competition to attract artificial intelligence software...
What happened to the Alibaba stock price?
Alibaba (NYSE: BABA) stock price is not doing well in 2024 as the company faces a mountain of challenges in China and abroad. It has dropped by almost 6% this year, 26% in the past 12 months, and by 6...
Alibaba, AMD, Super Micro, Intel and Other Tech Stocks in Focus Today
It's been a tough start to the quarter for technology stocks. The tech-heavy Nasdaq Composite Index fell 1% Tuesday and looked set to open lower again Wednesday.
Alibaba Ramps Up Share Buybacks
The Chinese e-commerce giant staged its second highest quarterly buyback on record, spending $4.8 billion on shares in the first three months of 2024.
With Cainiao buyback, Alibaba takes aim at rivals' overseas advance
Alibaba's plan to buy full control of its logistics subsidiary rather than spinning it off could signal the Chinese giant is taking competition from e-commerce rivals Shein and Temu more seriously in ...
It's time to selectively return to China, analyst argues
Emmanuel Hauptmann, founding partner and head of systematic equities at RAM Active Investments, discusses Chinese AI, the outlook for chips and what is driving the strong increase in Chinese allocatio...
Alibaba and Other Chinese Stocks Slide as ‘Uneven' Economic Recovery Laid Bare
Chinese industrial activity shows encouraging signs, but sustainable economic growth needs a recovery in the beaten-down property sector.
Alibaba Calls Off IPO for Logistics Arm Cainiao
Alibaba Group Holding Ltd. scrapped an initial public offering in Hong Kong for its Cainiao logistics arm, the second time Alibaba has nixed a high-profile debut for one of its main businesses.
Alibaba withdraws Hong Kong IPO for logistics arm
Chinese e-commerce titan Alibaba is withdrawing a planned initial public offering for its logistics arm Cainiao, the company said Tuesday, as a major company overhaul faces setbacks.