Stock FAQs

why is baba stock down today

by Dr. Hugh Wisozk Jr. Published 3 years ago Updated 2 years ago
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Will Alibaba ever pay a dividend?

The way Alibaba is being priced right now is like saying China will forever be in lock-down, Xi is immortal and Alibaba's businesses across the world, expansion in …

How low will Baba go?

 · Chinese stocks are down across the board a day after ride-hailing company DiDi (NYSE: DIDI) announced plans to delist from the New York Stock Exchange and as regulators in Beijing impose new ...

Why is Baba so low?

 · Real-time trade and investing ideas on Alibaba Group Holding Ltd - ADR BABA from the largest community of traders and investors.

What is the target price for Baba?

 · Why Alibaba (BABA) Stock is Down Today Shares of Alibaba (NYSE: BABA) are down nearly 3% in pre-market Thursday after Bloomberg reported that regulators are probing the relationship between...

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Why is Alibaba dropping today?

Alibaba Stock Falls Amid Worries Over The Potential Deal On China Stock Listings. Shares of Alibaba found themselves under pressure after U.S. audit watchdog stated that it was “premature” to talk about a deal that could keep Chinese companies listed at U.S. – based stock exchanges.

Why is Baba stock down so much?

Chinese e-commerce and tech companies listed in the U.S. have declined significantly since last year after China's regulators began cracking down on giants like Alibaba and JD.com. BABA is down 28% year-to-date following a decline of 48% in 2021.

Is Baba a good buy right now?

Alibaba Bulls on Parade Among 16 analysts, only one holds a sell recommendation. All the rest hold a strong buy stance. BABA's average price target for the next 12 months is $176, which, based on the current share price of $104.27, implies an expected upside of more than 68%.

Will Alibaba stock ever go up again?

For its current fiscal year 2022, Alibaba is expected to earn $7.42 a share, down 25% compared to 2021. But growth is expected to pick up in 2023, up 6% to $7.88. Click here to the top-rated stocks in the group.

Is BABA a good long term investment?

The consensus around BABA stock is currently a “strong buy” - that's based on 22 analysts over the past 3 months who have offered ratings for Alibaba looking forward over the next 12 months. Alibaba stock's average price target is $203, which suggests a 67% upside, as of last check.

What is Alibaba stock prediction?

Stock Price Forecast The 48 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 152.31, with a high estimate of 258.53 and a low estimate of 70.25. The median estimate represents a +73.24% increase from the last price of 87.92.

Is it safe to buy Alibaba stock?

A risk worth taking. Even after Wednesday's surge, Alibaba trades at a price-to-earnings ratio of just 12. While the Chinese government remains a risk and the stock will never earn the valuation it would as an equivalent American company, it appears that the worst is over based on regulators' recent comments.

Is Alibaba bigger than Amazon?

Alibaba is smaller than Amazon, but it's only growing a slightly faster rate. Alibaba's revenue rose 41% in fiscal 2021 (which ended in March), or just 32% after excluding its takeover of the hypermarket operator Sun Art. Alibaba expects its revenue to rise 20% to 23% in fiscal 2022.

Is BABA undervalued?

Alibaba Stock Price Forecast: BABA is Undervalued by About 53% Your capital is at risk. 74-89% of *accounts lose money.

Can Alibaba be delisted?

Alibaba and Other Chinese Stocks Could Get Delisted. What That Means for China Funds.

Does Alibaba stock pay dividends?

Alibaba does not currently pay a dividend to shareholders. However, in contrast to other high-growth tech stocks that do not pay dividends and might never, such as Netflix (NFLX), Uber (UBER), and Lyft (LYFT), Alibaba is highly profitable and generates positive free cash flow.

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