S&P 500   4,191.98
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China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Buy THIS stock before Taiwan is attacked (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
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Buy THIS stock before Taiwan is attacked (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Buy THIS stock before Taiwan is attacked (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Buy THIS stock before Taiwan is attacked (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Buy THIS stock before Taiwan is attacked (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Buy THIS stock before Taiwan is attacked (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Buy THIS stock before Taiwan is attacked (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Buy THIS stock before Taiwan is attacked (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain

Alibaba Group (BABA) Stock Forecast, Price & News

$83.98
-1.79 (-2.09%)
(As of 05/19/2023 08:47 PM ET)
Compare
Today's Range
$83.48
$85.20
50-Day Range
$81.00
$103.38
52-Week Range
$58.01
$125.84
Volume
21.57 million shs
Average Volume
23.83 million shs
Market Capitalization
$222.39 billion
P/E Ratio
20.53
Dividend Yield
N/A
Price Target
$144.63

Alibaba Group MarketRank™ Forecast

Analyst Rating
Buy
3.07 Rating Score
Upside/​Downside
72.2% Upside
$144.63 Price Target
Short Interest
Healthy
2.00% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.31mentions of Alibaba Group in the last 14 days
Based on 81 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
21.01%
From $6.76 to $8.18 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.26 out of 5 stars

Retail/Wholesale Sector

3rd out of 212 stocks

Business Services, Not Elsewhere Classified Industry

1st out of 91 stocks


BABA stock logo

About Alibaba Group (NYSE:BABA) Stock

Alibaba Group Holding Limited is an eCommerce and Internet technology giant headquartered in the People's Republic of China. Its core platform, Alibaba.com, is the world’s 3rd largest eCommerce platform by sales. The company, through its vast network of subsidiary companies, provides the infrastructure and marketing to help merchants of all sizes develop their brands and to connect with customers in the People's Republic of China and internationally. The company also aids other businesses with a vast array of digital and logistical solutions with a reach that spans the globe.

Alibaba was co-founded by Jack Ma in 1999 when it became clear the Internet and digitization were the future of commerce. Mr. Ma is a billionaire investor, businessman, and philanthropist who believes in an open and free-market economy. The company went public in September 2014 with an IPO on the NYSE. The IPO set a record with its valuation of $25 billion and the company is now worth more than $225 billion and ranked among the 10 most valuable companies by market cap. Alibaba is also ranked 5th largest globally in regards to its work in AI, and it owns the world's largest B2B, B2C, and C2C eCommerce portals. In 2022, Alibaba’s Singles Day event brought in $139 billion to set a new one-day record.

The principal purpose of Alibaba Group Holding Limited is to open the Chinese market and connect it to the world. The company operates through seven segments including China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

The company’s eCommerce platforms include Taobao Marketplace, Tmall, Alimama, 1688.com, Alibaba.com, Aliexpress, Lazada, Trendyol, and Daraz. Taobao Marketplace is a social-media eCommerce platform while Alimama is a monetization platform for entrepreneurs. 1688.com and Alibaba.com are wholesale marketplaces where individuals and businesses can connect with bulk items and the remainder are eCommerce retail platforms and search engines targeting specific markets. In addition, the company also operated a retail chain called Freshippo and Tmall Global which is an import platform for eCommerce.

Other digital services provided by Alibaba include Taoxianda, which is a digital integration service for FMCG goods and grocery retailers, and Cainiao Network which is a logistical services platform complemented by Ele.me, a delivery and services platform.

Alibaba also supports the infrastructure of the Internet with a range of products and services that include computing, storage, network, security, database, big data, and IoT connectivity. This segment includes a suite of cloud-based services such as Alibaba Pictures and content platforms that provide streaming media.

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BABA Stock News Headlines

MarketBeat Week in Review – 5/15 - 5/19 (BABA)
Investors are battling stagflation as they wait for a recession, and the MarketBeat team continues to help you understand where to find opportunities
Alibaba: Could This Be The Year Of The Dragon (BABA)
Even though many of their headwinds have yet to dissipate fully, there's a growing sense that Alibaba is a sleeping giant that could soon be waking up.
BREAKING: The truth about war with China
Foreign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.
Alibaba: Could This Be The Year Of The Dragon
Even though many of their headwinds have yet to dissipate fully, there's a growing sense that Alibaba is a sleeping giant that could soon be waking up.
As China Wakes Up, Baidu Gets Noticed (BABA)
Baidu has just reported its first quarter 2023 earnings, posting double-digit growth across the board. Economic indicators, analyst targets point to a new rally
Analysts Upgrade GXO Logistics, Its First Quarter Says It All (BABA)
GXO Logistics gets upgrades all around from analysts, as the real profitability growth is missed during the first quarter.
Thinking Of Buying The Dip On JD.com? Consider This First
JD.com posted its slowest growth pace on record, making the CEO give up the crown. Bullish analyst targets, Chinese macro developments may give way to a rally
Wall Street Thinks These 3 MegaCaps Have the Biggest Gains Ahead
Many other mega cap companies are on par if not better than the usual big names. Wall Street thinks these three will have the biggest gains over the next year.
"Chilling War Games Show US Forces Crushed" – FOX NEWS
=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>>
Alibaba Group (NYSE:BABA) Sees Strong Trading Volume
Alibaba's Q4: Cloud Spin-Off Incoming
See More Headlines
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BABA Company Calendar

Last Earnings
2/23/2023
Today
5/21/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Employees
254,941
Year Founded
1999

Price Target and Rating

Average Stock Price Forecast
$144.63
High Stock Price Forecast
$180.00
Low Stock Price Forecast
$115.00
Forecasted Upside/Downside
+72.2%
Consensus Rating
Buy
Rating Score (0-4)
3.07
Research Coverage
15 Analysts

Profitability

Net Income
$9.82 billion
Pretax Margin
5.11%

Debt

Sales & Book Value

Annual Sales
$126.49 billion
Cash Flow
$9.43 per share
Book Value
$62.41 per share

Miscellaneous

Outstanding Shares
2,648,140,000
Free Float
2,317,121,000
Market Cap
$222.39 billion
Optionable
Optionable
Beta
0.65

Social Links


Key Executives

  • Yong ZhangYong Zhang
    Executive Chairman & Chief Executive Officer
  • John Michael Evans
    President & Director
  • Hong Xu
    Chief Financial Officer
  • Wu Zeming
    Chief Technology Officer
  • Matthew Bassiur
    VP, Head-Global Intellectual Property Enforcement













BABA Stock - Frequently Asked Questions

Should I buy or sell Alibaba Group stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alibaba Group in the last year. There are currently 14 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BABA shares.
View BABA analyst ratings
or view top-rated stocks.

What is Alibaba Group's stock price forecast for 2023?

15 equities research analysts have issued 12-month target prices for Alibaba Group's shares. Their BABA share price forecasts range from $115.00 to $180.00. On average, they expect the company's stock price to reach $144.63 in the next twelve months. This suggests a possible upside of 72.2% from the stock's current price.
View analysts price targets for BABA
or view top-rated stocks among Wall Street analysts.

How have BABA shares performed in 2023?

Alibaba Group's stock was trading at $88.09 at the beginning of 2023. Since then, BABA shares have decreased by 4.7% and is now trading at $83.98.
View the best growth stocks for 2023 here
.

Are investors shorting Alibaba Group?

Alibaba Group saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 51,830,000 shares, a decline of 6.3% from the April 15th total of 55,300,000 shares. Based on an average trading volume of 24,260,000 shares, the short-interest ratio is currently 2.1 days. Currently, 2.0% of the company's shares are sold short.
View Alibaba Group's Short Interest
.

When is Alibaba Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our BABA earnings forecast
.

How were Alibaba Group's earnings last quarter?

Alibaba Group Holding Limited (NYSE:BABA) issued its earnings results on Thursday, February, 23rd. The specialty retailer reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.55. The specialty retailer earned $35.92 billion during the quarter, compared to analyst estimates of $35.36 billion. Alibaba Group had a trailing twelve-month return on equity of 10.86% and a net margin of 8.50%.

What is Daniel Yong Zhang's approval rating as Alibaba Group's CEO?

173 employees have rated Alibaba Group Chief Executive Officer Daniel Yong Zhang on Glassdoor.com. Daniel Yong Zhang has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Alibaba Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alibaba Group investors own include NVIDIA (NVDA), Micron Technology (MU), General Electric (GE), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS), PayPal (PYPL), Advanced Micro Devices (AMD) and Salesforce (CRM).

What is Alibaba Group's stock symbol?

Alibaba Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BABA."

Who are Alibaba Group's major shareholders?

Alibaba Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dodge & Cox (0.48%), Price T Rowe Associates Inc. MD (0.42%), FIL Ltd (0.40%), Susquehanna International Group LLP (0.00%), Temasek Holdings Private Ltd (0.36%) and Bank of America Corp DE (0.36%).

How do I buy shares of Alibaba Group?

Shares of BABA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Alibaba Group's stock price today?

One share of BABA stock can currently be purchased for approximately $83.98.

How much money does Alibaba Group make?

Alibaba Group (NYSE:BABA) has a market capitalization of $222.39 billion and generates $126.49 billion in revenue each year. The specialty retailer earns $9.82 billion in net income (profit) each year or $4.09 on an earnings per share basis.

How many employees does Alibaba Group have?

The company employs 254,941 workers across the globe.

Does Alibaba Group have any subsidiaries?
The following companies are subsidiares of Alibaba Group: Ali CN Investment Holding, Ali CV Investment Holding, Ali Fortune Investment Holding, Ali Panini Investment Holding, Ali UC Investment Holding, Ali WB Investment Holding, Ali YK Investment Holding, Alibaba (Chengdu) Software Technology, Alibaba (China), Alibaba (China) Technology, Alibaba Cloud, Alibaba Group Properties, Alibaba Group Services, Alibaba Group Treasury, Alibaba Investment, Alibaba Singapore Holding Private, Alibaba.com, Alibaba.com China, Alibaba.com International (Cayman) Holding, Alibaba.com International Holding, Alibaba.com Investment Holding, Alibaba.com Singapore E-Commerce, Alimama China Holding, Alimama Investment Holding, Alimama Limited, Alisoft China Holding, Alisoft Holding, Alisoft Investment Holding, AutoNavi Holdings, C-SKY Microsystems, Cainiao Logistics, Daraz, Ele.me, Hangzhou Ali Technology, Hangzhou Ali Venture Capital, Hangzhou Alibaba Advertising, Hangzhou Alimama Software Services, Hangzhou Alimama Technology, Hangzhou Meitou Information Technology, IDsManager, Infinity AR, Intime Retail, Intime Retail (Group), Kaola, Lazada Group, Perfect Advance Holding, Shen Zhen OneTouch Business Service, Taobao (China) Software, Taobao China Holding, Taobao Holding, Teambition, Trendyol, Ververica, Ververica, Visualead, Zhejiang Alibaba Cloud Computing, Zhejiang Taobao Network, Zhejiang Tmall Network, and Zhejiang Tmall Technology.
Read More
How can I contact Alibaba Group?

Alibaba Group's mailing address is 26/F TOWER ONE TIMES SQUARE 1 MATHESON ST. CAUSEWAY BAY, Hong Kong K3, . The official website for the company is www.alibabagroup.com. The specialty retailer can be reached via phone at 8657185022088, via email at investor@alibaba-inc.com, or via fax at 86-571-8526-9066.

This page (NYSE:BABA) was last updated on 5/22/2023 by MarketBeat.com Staff

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