When will Alibaba Group Holding Limited (Baba) report earnings?
Alibaba Group Holding Limited is estimated to report earnings on 08/19/2021. The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date.
How did Alibaba perform in Q1 FY 2022?
Alibaba Group Holding Limited ( BABA) reported mixed results for Q1 FY 2022. Adjusted earnings per share (EPS) came in above analysts' estimates, rising 12.0% year over year (YOY) to RMB16.60 ($2.57). Note that Alibaba shares referred to throughout this story represent Nasdaq-listed American depositary shares (ADS) with the ticker BABA.
Does Alibaba’s stock have a 40% upside potential?
Having grown 27% since the end of 2019, Alibaba’s stock (NYSE: BABA) still has a 40% upside potential. BABA’s stock grew by 27% from $182 at the end of 2019 to near $232 now, compared to the S&P 500 which gained 22% since the end of 2019. The company has seen revenue and earnings rising over recent years, while its P/E multiple has fallen.
What does Alibaba's revenue beat estimates but missed analyst forecasts?
Note that Alibaba shares referred to throughout this story represent Nasdaq-listed American depositary shares (ADS) with the ticker BABA. Revenue, however, missed analyst forecasts but was up 33.8% compared to the year-ago quarter.
What time does BABA report earnings?
Alibaba (NYSE:BABA) recently announced its fiscal fourth quarter and full year earnings date. The release will come out at 7:30 AM Eastern Time on May 26th. The release is the best opportunity for Alibaba to show that it is recovering from the damage it took in 2021.
What day does BABA report earnings?
Aug 02, 2022Earnings announcement* for BABA: Aug 02, 2022 Alibaba Group Holding Limited is estimated to report earnings on 08/02/2022. The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates.
What do analysts predict about BABA stock?
Stock Price Forecast The 48 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 149.83, with a high estimate of 232.70 and a low estimate of 106.23. The median estimate represents a +53.70% increase from the last price of 97.48.
Did Alibaba announce earnings?
BABA stock jumped. Alibaba reported adjusted earnings of $1.55 a share on revenue of $32.2 billion. Analysts expected Alibaba to report adjusted income of $1.07 a share on revenue of $29.9 billion. Results were for its fiscal fourth quarter ended March 31.
What's the meaning of EPS?
Earnings per shareEarnings per share (EPS) is a figure describing a public company's profit per outstanding share of stock, calculated on a quarterly or annual basis. EPS is arrived at by taking a company's quarterly or annual net income and dividing by the number of its shares of stock outstanding.
Is Alibaba stock expected to rise?
The price could reach $109.20 by the end of 2022 and $146.95 by the end of 2023, climbing to $186.73 by the end of 2025 and $273.21 by the end of 2030.
Will Alibaba stock Recover in 2022?
Furthermore, given that BABA is expected to report its FQ4'22 earnings on 12 May 2022, there is a high possibility that the stock may continue its rally, if the company achieves consensus estimates as well.
Will Alibaba bounce back?
Alibaba went through several issues over the last year and a half, but earnings will likely bounce back soon. The company is probably at a low point earnings-wise now, and this is typically the best time to invest in a stock.
When is Alibaba Group's earnings date?
Alibaba Group has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 2nd, 2022 based of...
Did Alibaba Group beat their earnings estimates last quarter?
In the previous quarter, Alibaba Group (NYSE:BABA) reported $7.95 earnings per share (EPS) to beat the analysts' consensus estimate of $1.06 by $6....
How can I listen to Alibaba Group's earnings conference call?
The conference call for Alibaba Group's latest earnings report can be listened to online. Listen to Conference Call
How can I read Alibaba Group's conference call transcript?
The conference call transcript for Alibaba Group's latest earnings report can be read online. Read Transcript
How much revenue does Alibaba Group generate each year?
Alibaba Group (NYSE:BABA) has a recorded annual revenue of $134.57 billion.
How much profit does Alibaba Group generate each year?
Alibaba Group (NYSE:BABA) has a recorded net income of $9.82 billion. BABA has generated $3.07 earnings per share over the last four quarters.
What is Alibaba Group's price-to-earnings ratio?
Alibaba Group (NYSE:BABA) has a trailing price-to-earnings ratio of 35.78 and a forward price-to-earnings ratio of 17.32. The price/earnings-to-gro...
What is Alibaba Group's EPS forecast for next year?
Alibaba Group's earnings are expected to grow from $6.34 per share to $7.61 per share in the next year, which is a 20.03% increase.
How much does a stock decline after earnings call?
Keep in mind that a stock tends to be extra sensitive to market news if it rallies by more than 10% after the previous earnings call. Also worth noting is that a 10% decline after the previous earnings call is a strong indicator that the stock has a lot of bearish potential.
When to buy a straddle?
Buy a Straddle at or close to the money two to three weeks pre-EA. Sell the position either the night before the EA when the company announces earnings pre-market, or during the EA day when it announces post-market. Expiration date should generally be the closest expiry immediately after the EA.
Summary
Alibaba has fallen so much that it has been "dead money" since it came public more than 7 years ago.
BABA Stock Price
BABA has fallen more than 40% since I placed the company in the "too hard" pile, citing regulatory and capital allocation concerns.
Alibaba Earnings
BABA is anticipated to report earnings on January 28th. In the last quarter's results, the company missed on both the top and bottom lines.
BABA Stock Key Metrics
Yet these surface-level numbers do not tell the whole story. BABA is actually still growing at a solid clip, as it saw solid top-line growth across each of its growth verticals.
Is Alibaba A Good Long-Term Stock?
If one were to look only at valuations, BABA looks like a slam dunk investment. The stock is trading at 16x earnings, or less than 10x earnings after accounting for cash and equity investments.
Is BABA Stock A Buy, Sell, Or Hold?
At least on a fundamental basis, BABA looks like a buy. The recent pullback has had more to do with multiple compression, as the stock is trading as cheaply as it ever has as a public company.
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BABA Annual Active Consumes in China
Alibaba's annual active consumers in China rose 11.6% to a total of 828.0 million. 4 Annual active consumers in China represent a key metric used to track the total number of user accounts that placed at least one confirmed order through Alibaba's China retail marketplaces in the past 12 months.
BABA to Increase Share Repurchases
Alibaba said that it was increasing its share repurchase program from $10 billion to $15 billion, reflecting the company's confidence in its prospects for long-term growth. The company noted that it would be its largest buyback program in its history. 8 The program will be effective through to the end of 2022. 9
Article Sources
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When was Alibaba founded?
Founded in 1999 as a platform for small businesses to sell their products via the internet, Alibaba has since expanded far beyond e-commerce. It's ventured into many other industries, such as cloud computing and entertainment.
What is Alibaba's business empire?
Alibaba's business empire includes logistics division Cainiao, cloud computing service Alibaba Cloud, and streaming platform Youku. These ventures have shown great potential and, in the long run, could help diversify Alibaba's revenue. Some of these businesses are also growing rapidly.
How many buyers does Pinduoduo have?
Today, Pinduoduo has 824 million active buyers on its platform. It hit a milestone in the fourth quarter of 2020 when it overtook Alibaba in terms of active buyers -- making it China's biggest e-commerce platform by this measure. It is also outpacing Alibaba in terms of growth.
How much did Munger buy Alibaba?
In April, Munger revealed he had bought a $37 million stake in Alibaba via the Daily Journal Corporation ( NASDAQ: DJCO ), where Munger sits as chairman. Some investors were left scratching their heads over this decision. Others wonder if they should do the same thing.
What is Alibaba's largest segment?
E-commerce is by far the largest Alibaba segment, generating 87% of the group's annual revenue. This business is also highly profitable, delivering $29.7 billion in adjusted earnings before interest, tax, depreciation, and amortization ( EBITDA) in fiscal 2021. For years, many players have tried to loosen Alibaba's grip on China's e-commerce ...
Is Pinduoduo outpacing Alibaba?
It is also outpacing Alibaba in terms of growth. Pinduoduo's revenue surged 239% in its latest fiscal quarter, while Alibaba's commerce revenue grew 72% over the same period. For now, Alibaba is still holding on to its crown. Its e-commerce business generates over seven times as much revenue as Pinduoduo's.
Does Alibaba have a strong balance sheet?
For now, Alibaba can draw on its strong balance sheet if it needs to. The company had $72 billion in cash, cash equivalents, and short-term investments as of March 31, giving it plenty of firepower to fuel its side bets. But even then, there's no guarantee Alibaba's unprofitable businesses will ever turn a profit.