Alibaba Group Holding Limited (BABA)
NYSE: BABA · IEX Real-Time Price · USD
73.68
+1.50 (2.08%)
At close: Jul 2, 2024, 4:00 PM
73.72
+0.04 (0.05%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Alibaba Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Alibaba stock have an average target of 107.15, with a low estimate of 85 and a high estimate of 135. The average target predicts an increase of 45.43% from the current stock price of 73.68.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Alibaba stock from 16 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 12 | 12 | 11 | 10 | 9 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 19 | 19 | 18 | 17 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy Maintains $111 → $115 | Strong Buy | Maintains | $111 → $115 | +56.08% | Jun 6, 2024 |
| Barclays | Barclays | Buy Maintains $109 → $107 | Buy | Maintains | $109 → $107 | +45.22% | May 16, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $99 → $103 | Strong Buy | Maintains | $99 → $103 | +39.79% | May 16, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $118 | Strong Buy | Reiterates | $118 | +60.15% | May 15, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $113 → $110 | Strong Buy | Maintains | $113 → $110 | +49.29% | May 15, 2024 |
Financial Forecast
Revenue This Year
1,040.39B
from 941.17B
Increased by 10.54%
Revenue Next Year
1,127.01B
from 1,040.39B
Increased by 8.33%
EPS This Year
60.98
from 31.28
Increased by 94.96%
EPS Next Year
68.73
from 60.98
Increased by 12.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.1T | 1.2T | 1.3T | 1.4T | 1.4T |
| Avg | 1.0T | 1.1T | 1.2T | 1.3T | 1.3T |
| Low | 977.9B | 1.1T | 1.0T | 1.2T | 1.3T |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.3% | 15.2% | 17.8% | 15.3% | 5.9% |
| Avg | 10.5% | 8.3% | 7.0% | 6.8% | 2.8% |
| Low | 3.9% | 1.4% | -7.5% | -0.3% | -1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 71.57 | 80.40 | 89.56 | 64.45 | 67.86 |
| Avg | 60.98 | 68.73 | 75.77 | 62.61 | 65.92 |
| Low | 47.28 | 52.65 | 56.70 | 60.16 | 63.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 128.8% | 31.8% | 30.3% | -14.9% | 8.4% |
| Avg | 95.0% | 12.7% | 10.3% | -17.4% | 5.3% |
| Low | 51.1% | -13.7% | -17.5% | -20.6% | 1.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.