Alibaba Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Alibaba stock have an average target of 113.55, with a low estimate of 85 and a high estimate of 142. The average target predicts an increase of 51.18% from the current stock price of 75.11.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$85	$113.55	$118	$142
Change	+13.17%	+51.18%	+57.10%	+89.06%

Analyst Ratings

The average analyst rating for Alibaba stock from 17 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	14	14	12	12	12	10
Buy	5	4	4	4	4	4
Hold	1	2	2	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	20	18	19	19	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alicia Yap Citigroup	Citigroup	Strong Buy Maintains $126 → $124	Strong Buy	Maintains	$126 → $124	+65.09%	Apr 10, 2024
Fawne Jiang Benchmark	Benchmark	Strong Buy Reiterates $118	Strong Buy	Reiterates	$118	+57.10%	Apr 10, 2024
Alex Yao JP Morgan	JP Morgan	Buy Maintains $105 → $100	Buy	Maintains	$105 → $100	+33.14%	Apr 9, 2024
Gary Yu Morgan Stanley	Morgan Stanley	Hold Maintains $85	Hold	Maintains	$85	+13.17%	Apr 9, 2024
James Lee Mizuho	Mizuho	Strong Buy Maintains $95	Strong Buy	Maintains	$95	+26.48%	Mar 27, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

960.24B

from 868.69B

10.54%

from 868.69B

Revenue Next Year

1,036.37B

from 960.24B

7.93%

from 960.24B

EPS This Year

64.35

from 27.44

134.51%

from 27.44

EPS Next Year

64.68

from 64.35

0.52%

from 64.35

Year	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	376.84B	509.71B	717.29B	853.06B	868.69B	960.24B	1,036.37B	1,114.85B	1,179.30B	1,186.86B	1,238.34B
Revenue Growth	50.58%	35.26%	40.72%	18.93%	1.83%	10.54%	7.93%	7.57%	5.78%	0.64%	4.34%
EPS	33.36	55.92	54.72	22.72	27.44	64.35	64.68	72.78	76.17	67.65	71.35
EPS Growth	36.27%	67.63%	-2.15%	-58.48%	20.77%	134.51%	0.52%	12.52%	4.66%	-11.18%	5.47%
No. Analysts	-	-	-	-	-	44	44	33	4	3	3

Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2023	2024	2025	2026	2027	2028
High	1.1T	1.1T	1.2T	1.3T	1.3T	1.4T
Avg	960.2B	1.0T	1.1T	1.2T	1.2T	1.2T
Low	915.5B	964.5B	1.0T	1.1T	1.1T	1.1T

Revenue Growth

Revenue Growth	2023	2024	2025	2026	2027	2028
High	22.5%	19.7%	16.7%	13.5%	8.6%	14.2%
Avg	10.5%	7.9%	7.6%	5.8%	0.6%	4.3%
Low	5.4%	0.4%	-0.8%	-5.2%	-8.0%	-6.1%

EPS Forecast

EPS	2023	2024	2025	2026	2027	2028
High	71.09	75.00	84.40	91.40	69.64	73.45
Avg	64.35	64.68	72.78	76.17	67.65	71.35
Low	56.55	51.08	57.36	61.06	65.00	68.55

EPS Growth

EPS Growth	2023	2024	2025	2026	2027	2028
High	159.1%	16.6%	30.5%	25.6%	-8.6%	8.6%
Avg	134.5%	0.5%	12.5%	4.7%	-11.2%	5.5%
Low	106.1%	-20.6%	-11.3%	-16.1%	-14.7%	1.3%

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.