Is Baba a good stock to buy?
Alibaba Group Holding Ltd. engages in providing online and mobile marketplaces in retail and wholesale trade. It operates through the following business segments: Core Commerce; Cloud Computing ...
What is the target price for Baba?
Under these very reasonable growth assumptions, my long-term model on Alibaba pegs the company’s 2025 earnings potential at $20 per share. Based on a forward price-earnings multiple of 20, which is a historically average multiple for the information technology sector, that implies a 2024 price target for BABA stock of $400.
Should I Sell Baba stock?
Alibaba has created a new unit to focus on ... Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough ...
What does target price mean in stocks?
What Is A Target Price In Stocks?
- A target price is an estimate of the future price of a stock. …
- Target prices can be used to evaluate stocks and may be even more useful than an equity analyst’s rating.
- While opinion-based ratings have limited value, target prices can help investors evaluate the potential risk/reward profile of the stock.
Is BABA stock expected to rise?
The average price target from 26 Wall Street analysts who have issued a BABA stock price target is $188.49, according to data compiled by MarketBeat. The estimates range from $130 at the low end to a high of $310 for the next 12 months, with the lowest price target reflecting 40% upside from the close on 3 June.
Is BABA a strong buy?
TipRanks shows the consensus of 18 analysts covering Alibaba is a “strong buy” rating. The average price target is $171.07 — an 83% increase from today's price of BABA stock. Even the lowest price target is still a rather respectable $132....A Better Way to Buy Beaten Down Alibaba Stock.TickerCompanyPriceBABAAlibaba Group Holding Limited$93.43May 26, 2022
Is Alibaba a Buy Sell or Hold?
Alibaba Group has received a consensus rating of Buy. The company's average rating score is 2.81, and is based on 22 buy ratings, 3 hold ratings, and 1 sell rating.
What is a fair price for Alibaba?
Alibaba Group Holding's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2022 was $3.74. Therefore, the Peter Lynch Fair Value for today is $70.82. As of today (2022-07-18), Alibaba Group Holding's share price is $102.44.
Is Alibaba a good long term investment?
Super bullish, the consensus among Wall Street analysts is that Alibaba should still see significant growth in 2022.
Is Alibaba safe to invest in?
Alibaba was once considered one of the safest Chinese tech stocks to own. It operates China's largest e-commerce marketplaces, Taobao and Tmall, as well as its largest cloud infrastructure platform, Alibaba Cloud.
Why is Alibaba so low?
Alibaba Group Holding (BABA 2.04%) investors had a rough month in February, as their shares fell 16% in response to a disappointing earnings report and fears of tightened regulation of tech companies in China.
Does Alibaba stock pay dividends?
Alibaba (NYSE: BABA) does not pay a dividend.
Is NIO a buy?
In 2021, Nio more than doubled EV sales, despite pandemic-related challenges. Out of 33 analysts covering Nio stock, 31 rate it a buy. Two analysts have a hold and no one has a sell, FactSet says.
What's the cheapest company in the world?
Alibaba Group Holding is probably “the cheapest company in the world” outside of Russia as investors put a high China risk premium on the e-commerce giant, according to Daniel O'Keefe, a managing director and portfolio manager at Artisan Partners.
Can you buy Alibaba stock in US?
If you'd like to buy Alibaba stock, you'll need to find an online broker that gives you the ability to purchase the stock through the NASDAQ stock market exchange.
Why did Alibaba go up?
Alibaba Stock Rallies On Hopes For Government Support Shares of Alibaba gained strong upside momentum after China's Vice Premier Liu He promised to provide support to markets and economy. Other Chinese stocks, like NIO or Baidu, have also enjoyed strong demand today.
Why is Alibaba stock down?
The company lost almost half of its market value in 2021 amid severe regulatory scrutiny in both China in the U.S., with a decline in the stock price exacerbated in 2022 amid macroeconomic pressures from high inflation and rising interest rates.
What is BABA’s average 12-month price target, according to analysts?
Based on analyst ratings, Alibaba’s 12-month average price target is $159.84.
What is BABA’s upside potential, based on the analysts’ average price target?
Alibaba has 45.44% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the [object Object] tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the [object Object] and follow the analysts of your choice. Visit their profiles for more details a...
Stock Price Forecast
Analyst Recommendations
The 49 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 182.95, with a high estimate of 296.92 and a low estimate of 140.36. The median estimate represents a +65.56% increase from the last price of 110.50.
Component Grades
The current consensus among 55 polled investment analysts is to Buy stock in Alibaba Group Holding Ltd. This rating has held steady since February, when it was unchanged from a Buy rating. Move your mouse over past months for detail
The Trend in the Analyst Price Target
We have 9 different ratings for every stock to help you appreciate its future potential. You can unlock it all now.
The Trend in the Broker Recommendations
Over the past 14 months, BABA's average price target has gone down $128.85.
What is Alibaba stock worth in 2020?
Over the past 61 days, BABA's average broker recommendation rating worsened by 0.24.
When will Alibaba release its earnings?
Alibaba Group's stock was trading at $198.91 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BABA stock has decreased by 5.2% and is now trading at $188.62. View which stocks have been most impacted by COVID-19.
Analyst price target for BABA
Alibaba Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021. View our earnings forecast for Alibaba Group.
BABA earnings per share forecast
Based on 17 analyst s offering 12 month price targets for Alibaba Group Holding Ltd.
BABA revenue forecast
What is BABA 's earnings per share in the next 3 years based on estimates from 2 analyst s?
BABA earnings growth forecast
What is BABA 's revenue in the next 3 years based on estimates from 6 analyst s?
BABA revenue growth forecast
How is BABA forecast to perform vs Internet Retail companies and vs the US market?
Stock Price Forecast
How is BABA forecast to perform vs Internet Retail companies and vs the US market?
Analyst Recommendations
The 49 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 182.95, with a high estimate of 296.92 and a low estimate of 140.36. The median estimate represents a +66.24% increase from the last price of 110.05.
Ownership
- Alibaba Group trades on the New York Stock Exchange (NYSE) under the ticker symbol \"BABA.\" Alibaba Group saw a increase in short interest during the month of April. As of April 15th, there was short interest totalling 111,073,322 shares, an increase of 1.4% from the March 29th total of 109,557,442 shares. Based on an average trading volume of 14,212,594 shares, the days-to-cove…
Controversy
- Alibaba Group announced that its board has approved a stock buyback program on Monday, September 25th 2017, which permits the company to buyback $6,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indicatio…
Results
- Alibaba Group Holding Ltd (NYSE:BABA) issued its earnings results on Thursday, May, 18th. The specialty retailer reported $0.63 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.64 by $0.01. The specialty retailer had revenue of $5.61 billion for the quarter, compared to the consensus estimate of $5.26 ...
Release
- Alibaba Group is scheduled to release their next quarterly earnings announcement on Wednesday, May 15th 2019. View Earnings Estimates for Alibaba Group.
Ratings
- 26 Wall Street analysts have issued \"buy,\" \"hold,\" and \"sell\" ratings for Alibaba Group in the last year. There are currently 25 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of \"Buy.\" View Analyst Ratings for Alibaba Group.
Criticism
- News coverage about BABA stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Alibaba Group earned …
Business
- Alibaba Group has a market capitalization of $455.88 billion and generates $39.90 billion in revenue each year. The specialty retailer earns $10.22 billion in net income (profit) each year or $4.03 on an earnings per share basis. Alibaba Group employs 66,421 workers across the globe. The official website for Alibaba Group is http://www.alibabagroup.com.
Location
- Alibaba Group's mailing address is 26/F TOWER ONE TIMES SQUARE 1 MATHESON ST. CAUSEWAY BAY, Hong Kong K3, . The specialty retailer can be reached via phone at 852-2215-5100.