Alibaba Stock Price Today NYSE: BABA Quote, Market Cap, Chart
Alibaba Group Holding Limited reported strong earnings, beating analyst expectations, but cash generation was weak; however, aggressive buybacks continue to reward shareholders. I am upgrading Alibaba to a „strong buy” due to stable quarterly earnings figures and Chinese government stimulus measures aimed at boosting economic growth. Taobao and Tmall generated RMB99 billion in revenue, with strong customer retention and a 2% rise in management revenue. Alibaba Cloud grew 7%, driven by AI services, with adjusted EBITA up 89% and 9%… Alibaba popularized Singles day as the world’s biggest shopping holiday.
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The legal proceedings required OpenAI to let the publishers look through its training datasets for any copyrighted content. Even though a company’s earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its How to buy digibyte revenues. It’s almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company’s potential revenue growth is crucial.
Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer. 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.
Projected Revenue Growth
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Alibaba bets on retailing chief Jiang Fan to bolster e-commerce momentum
I’m adding Alibaba and JD.com to my radar, as I expect both Chinese players should fare better in a post-Beijing Stimulus plan China. Alibaba stock has cratered recently, and buyers fled after the stock hit its peak in October 2024. Alibaba is undervalued, with geopolitical concerns and a slowdown in their core TTG segment justifying some discounting; a Buy rating is warranted. The initial public offering was the largest ever offering at the time, with the company’s market cap reaching $231 billion.
For the next fiscal year, the consensus earnings estimate of $10.83 indicates a change of +13.7% from what Alibaba is expected to report a year ago. Alibaba Group saw its offerings in artificial intelligence (AI) drive growth in both its retail and its cloud businesses during the quarter ended Sept. 30. Alibaba Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing on Thursday. While we acknowledge the potential of BABA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than BABA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. Without considering a stock’s valuation, no investment decision can be efficient.
Alibaba is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Upgrade to MarketBeat All Access to add more stocks to your watchlist.
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This segment includes a suite of cloud-based services such as Alibaba Pictures and content platforms that provide streaming media. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors’ interest in buying the stock, leading to its price moving higher.
