S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Top-Rated StocksTop-Rated
NYSE:BABA

Alibaba Group (BABA) Stock Forecast, Price & News

$95.72
-3.49 (-3.52%)
(As of 08/11/2023 08:47 PM ET)
Compare
Today's Range
$94.34
▼
$97.65
50-Day Range
$83.35
▼
$102.17
52-Week Range
$58.01
▼
$121.30
Volume
25.22 million shs
Average Volume
21.97 million shs
Market Capitalization
$245.59 billion
P/E Ratio
20.58
Dividend Yield
N/A
Price Target
$138.50
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Alibaba Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
44.8% Upside
$138.64 Price Target
Short Interest
Healthy
2.28% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.49mentions of Alibaba Group in the last 14 days
Based on 60 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
18.13%
From $7.06 to $8.34 Per Share

Overall MarketRank™

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

3.46 out of 5 stars

Retail/Wholesale Sector

2nd out of 211 stocks

Business Services, Not Elsewhere Classified Industry

1st out of 86 stocks

See Top Rated MarketRank™ Stocks Here

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.

BABA Price History

BABA Stock News Headlines

August 10, 2023 | marketbeat.com
Alibaba Explodes On Earnings, Inching Toward Triple Digit Prices (BABA)
Alibaba stock is rising after its second quarter 2023 earnings results, pushing sentiment higher after all valuation drivers push to new highs
July 29, 2023 | marketbeat.com
MarketBeat Week in Review – 7/24 - 7/28 (BABA)
Investors continue to look for stocks to buy as inflation cools. As you prepare for another busy week, here are some of our top stories from this week
August 14, 2023 | Chaikin Analytics (Ad)
Wall Street Insider Makes Prediction about Hot A.I. Stock
50-year Wall Street Veteran Marc Chaikin just detailed why he's avoiding NVDA and buying this overlooked A.I. stock instead. Learn more here.
July 24, 2023 | marketbeat.com
5 Reasons Alibaba Stock Under $100 is a Generational Opportunity
The current transitory period for Alibaba could be looked back upon as an Amazon-esque ‘coulda, shoulda, woulda’ opportunity for long-term investors.
July 15, 2023 | marketbeat.com
MarketBeat Week in Review – 7/10 - 7/14 (BABA)
As inflation moderates, Investors are optimistic for the second quarter earnings season and that optimism is evident in some of the top stories from this week
August 13, 2023 | finance.yahoo.com
Alibaba Group Holding Limited (NYSE:BABA) Q1 2024 Earnings Call Transcript
August 12, 2023 | finance.yahoo.com
Alibaba's Damo Academy offers free access to 100 AI patents as part of China's nationwide move to boost tech innovation
August 12, 2023 | finance.yahoo.com
Incredibly cute mini electric vehicle convertible for sale on Alibaba
August 14, 2023 | Behind the Markets (Ad)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
August 12, 2023 | stocknews.com
3 China Stocks Smart Money is Watching Closely
August 11, 2023 | seekingalpha.com
Alibaba Fiscal Q1: Why I Am Downgrading To Hold
August 11, 2023 | benzinga.com
These Analysts Boost Their Forecasts On Alibaba After Strong Q1 Results
August 11, 2023 | msn.com
Alibaba's quarterly revenue beats despite China's sputtering economy
August 11, 2023 | markets.businessinsider.com
Analysts React to Alibaba's Q1 Performance: Hiked Expectations and Optimism in the Air
August 11, 2023 | seekingalpha.com
Alibaba Fiscal Q1: Monster Earnings Beat May Catalyze A Rally
August 11, 2023 | seekingalpha.com
Yes, Alibaba Is Still Dirt Cheap
August 11, 2023 | seekingalpha.com
Alibaba Fiscal Q1: Ding, Ding, Slower Chinese Recovery Priced In
August 11, 2023 | seekingalpha.com
Alibaba Starts Fiscal 2024 With A Bang
August 11, 2023 | finance.yahoo.com
Alibaba Group Holding Limited: Alibaba Earnings: Strong Beat on Results; Near-Term Choppy Recovery in the Chinese Businesses
August 11, 2023 | finance.yahoo.com
Alibaba Posted 'Solid' Results Across the Board, UBP Says
August 10, 2023 | msn.com
‘Lost in the Stars’ Helps Alibaba Entertainment Businesses Towards Quarterly Profits
August 10, 2023 | markets.businessinsider.com
Gold Edges Lower; Alibaba Posts Upbeat Results
August 10, 2023 | wsj.com
Stocks to Watch Thursday: Tapestry, Alibaba, Disney
August 10, 2023 | finance.yahoo.com
Why Alibaba Stock Jumped Today
August 10, 2023 | finance.yahoo.com
Alibaba Group (BABA) Q2 2023 Earnings Call Transcript
August 10, 2023 | finance.yahoo.com
Dow Jones Closes Near Session Low; Cathie Wood Loads Up On This Stock Despite 23% Plunge
August 10, 2023 | businesswire.com
Alibaba Group Announces June Quarter 2023 Results
See More Headlines
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BABA Company Calendar

Last Earnings
8/10/2023
Today
8/13/2023
Next Earnings (Estimated)
11/16/2023
Fiscal Year End
3/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Sector
Retail/Wholesale
Current Symbol
NYSE:BABA
CUSIP
N/A
CIK
1577552
Web
www.alibabagroup.com
Phone
8657185022088
Fax
86-571-8526-9066
Employees
235,216
Year Founded
1999

Price Target and Rating

Average Stock Price Forecast
$138.64
High Stock Price Forecast
$180.00
Low Stock Price Forecast
$100.00
Forecasted Upside/Downside
+44.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
15 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$4.65
Trailing P/E Ratio
20.58
Forward P/E Ratio
13.56
P/E Growth
0.68
Net Income
$10.60 billion
Net Margins
9.45%
Pretax Margin
10.27%
Return on Equity
12.54%
Return on Assets
7.87%

Debt

Debt-to-Equity Ratio
0.13
Current Ratio
1.81
Quick Ratio
1.81

Sales & Book Value

Annual Sales
$126.49 billion
Price / Sales
1.94
Cash Flow
$8.95 per share
Price / Cash Flow
10.69
Book Value
$61.20 per share
Price / Book
1.56

Miscellaneous

Outstanding Shares
2,565,750,000
Free Float
2,245,033,000
Market Cap
$245.59 billion
Optionable
Optionable
Beta
0.68

Social Links

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Key Executives

  • Mr. Joseph C. Tsai (Age 59)
    Exec. Vice Chairman
  • Mr. Yong ZhangMr. Yong Zhang (Age 51)
    CEO & Exec. Chairman
  • Mr. J. Michael Evans (Age 65)
    Pres & Director
  • Mr. Hong Xu (Age 50)
    Chief Financial Officer
  • Ms. Joan Zhou
    Investment Director
  • Mr. Yuen Jen Yao
    Sr. VP & Head of Corp. Fin.
  • Mr. Robert Lin
    Investor Relations
  • Ms. Siying Yu (Age 49)
    Gen. Counsel
  • Ms. Wenhong Tong (Age 53)
    Chief People Officer
  • Mr. Xiaofeng Shao (Age 57)
    Sr. VP of Ant Group

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













BABA Stock - Frequently Asked Questions

Should I buy or sell Alibaba Group stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alibaba Group in the last twelve months. There are currently 1 hold rating, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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 Wall Street analysts have issued 1-year price objectives for Alibaba Group's stock. Their BABA share price forecasts range from $100.00 to $180.00. On average, they anticipate the company's share price to reach $138.64 in the next twelve months. This suggests a possible upside of 44.8% 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 on January 1st, 2023. Since then, BABA shares have increased by 8.7% and is now trading at $95.72.
View the best growth stocks for 2023 here.

When is Alibaba Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our BABA earnings forecast.

How were Alibaba Group's earnings last quarter?

Alibaba Group Holding Limited (NYSE:BABA) released its quarterly earnings data on Thursday, August, 10th. The specialty retailer reported $17.37 EPS for the quarter, beating analysts' consensus estimates of $14.59 by $2.78. The specialty retailer had revenue of $234.16 billion for the quarter, compared to analyst estimates of $224.75 billion. Alibaba Group had a net margin of 9.45% and a trailing twelve-month return on equity of 12.54%. The firm's revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.40 earnings per share.

What ETFs hold Alibaba Group's stock?

ETFs with the largest weight of Alibaba Group (NYSE:BABA) stock in their portfolio include ProShares Online Retail ETF (ONLN), ProShares Long Online/Short Stores ETF (CLIX), Global X Emerging Markets Internet & Ecommerce ETF (EWEB), Invesco Golden Dragon China ETF (PGJ), First Trust International IPO ETF (FPXI), Columbia Emerging Markets Consumer ETF (ECON), FlexShares ESG & Climate Emerging Markets Core Index Fund (FEEM) and Global X Emerging Markets ETF (EMM).

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (0.20%), Dimensional Fund Advisors LP (0.15%), Fisher Asset Management LLC (0.15%), Simplex Trading LLC (0.00%), WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST (0.10%) and Allspring Global Investments Holdings LLC (0.10%).

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 $95.72.

How much money does Alibaba Group make?

Alibaba Group (NYSE:BABA) has a market capitalization of $245.59 billion and generates $126.49 billion in revenue each year. The specialty retailer earns $10.60 billion in net income (profit) each year or $4.65 on an earnings per share basis.

How many employees does Alibaba Group have?

The company employs 235,216 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 8/14/2023 by MarketBeat.com Staff

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