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NVDA   878.05 (+2.10%)
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BABA   69.84 (-1.10%)
T   16.09 (-0.92%)
F   12.17 (-0.49%)
MU   120.00 (-1.13%)
GE   154.98 (+0.83%)
CGC   6.84 (-2.01%)
DIS   113.58 (+0.56%)
AMC   2.53 (+2.43%)
PFE   25.93 (+0.08%)
PYPL   63.40 (-0.17%)
XOM   118.84 (-0.70%)
QQQ   431.84 (+0.18%)
AAPL   172.13 (-0.32%)
MSFT   417.14 (+0.85%)
META   502.41 (+0.44%)
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NVDA   878.05 (+2.10%)
AMD   163.11 (+1.74%)
NIO   3.80 (-2.31%)
BABA   69.84 (-1.10%)
T   16.09 (-0.92%)
F   12.17 (-0.49%)
MU   120.00 (-1.13%)
GE   154.98 (+0.83%)
CGC   6.84 (-2.01%)
DIS   113.58 (+0.56%)
AMC   2.53 (+2.43%)
PFE   25.93 (+0.08%)
PYPL   63.40 (-0.17%)
XOM   118.84 (-0.70%)
QQQ   431.84 (+0.18%)
AAPL   172.13 (-0.32%)
MSFT   417.14 (+0.85%)
META   502.41 (+0.44%)
GOOGL   154.80 (-0.04%)
AMZN   184.36 (+0.40%)
TSLA   156.86 (-2.86%)
NVDA   878.05 (+2.10%)
AMD   163.11 (+1.74%)
NIO   3.80 (-2.31%)
BABA   69.84 (-1.10%)
T   16.09 (-0.92%)
F   12.17 (-0.49%)
MU   120.00 (-1.13%)
GE   154.98 (+0.83%)
CGC   6.84 (-2.01%)
DIS   113.58 (+0.56%)
AMC   2.53 (+2.43%)
PFE   25.93 (+0.08%)
PYPL   63.40 (-0.17%)
XOM   118.84 (-0.70%)

Alibaba Group (BABA) Stock Price, News & Analysis

$69.84
-0.78 (-1.10%)
(As of 10:17 AM ET)
Today's Range
$69.44
$70.19
50-Day Range
$70.64
$78.24
52-Week Range
$66.63
$102.50
Volume
4.08 million shs
Average Volume
18.27 million shs
Market Capitalization
$177.22 billion
P/E Ratio
12.89
Dividend Yield
1.40%
Price Target
$112.91

Alibaba Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
59.8% Upside
$112.91 Price Target
Short Interest
Healthy
1.74% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.43mentions of Alibaba Group in the last 14 days
Based on 59 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-3.39%
From $7.97 to $7.70 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.11 out of 5 stars

Retail/Wholesale Sector

57th out of 204 stocks

Business Services, Not Elsewhere Classified Industry

26th out of 90 stocks

BABA stock logo

About Alibaba Group Stock (NYSE:BABA)

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 Stock Price History

BABA Stock News Headlines

Here's How to Dip into Chinese Stocks if You Live in the U.S.
Wondering how to invest in Chinese stocks? China has the globe’s largest population and second-largest economy when measured by GDP.
Tencent Is Looking to Fill Nvidia’s Gap in China’s Chip Market (BABA)
Tencent is looking to fill a potential $7 billion gap left by Nvidia's banishment from China's A.I. market, Wall Street sees triple-digit upside now
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Alibaba scraps planned IPO of Cainiao logistics unit as it doubles down on e-commerce
Alibaba Group Holding on Tuesday said it had scrapped plans to list its logistics unit Cainiao in Hong Kong, as it looks to prioritize growing its e-commerce business while facing challenging IPO market conditions
PDD Holdings Stock Can Have Another Double-Digit Rally This Week (BABA)
PDD stock is quickly becoming the market's favorite this time around, analysts are boosting their price targets and institutions bought right before earnings
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
7 Stable Stocks for 50% Returns by Early 2025
Alibaba Group (NYSE:BABA) Shares Down 3.2%
Alibaba Group (NYSE:BABA) Shares Gap Up to $72.99
Alibaba: I Was Fooled By The Valuation (Downgrade)
Benchmark Reaffirms Buy Rating for Alibaba Group (NYSE:BABA)
See More Headlines
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Company Calendar

Ex-Dividend for 1/18 Dividend
12/20/2023
Dividend Payable
1/18/2024
Last Earnings
2/07/2024
Today
4/16/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Employees
235,216
Year Founded
1999

Price Target and Rating

Average Stock Price Target
$112.91
High Stock Price Target
$136.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+59.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
15 Analysts

Profitability

Net Income
$10.60 billion
Pretax Margin
12.45%

Debt

Sales & Book Value

Annual Sales
$927.49 billion
Cash Flow
$8.87 per share
Book Value
$61.20 per share

Miscellaneous

Outstanding Shares
2,537,500,000
Free Float
2,220,313,000
Market Cap
$179.25 billion
Optionable
Optionable
Beta
0.46

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Key Executives

  • Mr. Joseph C. Tsai (Age 60)
    Executive Chairman
  • Mr. Yongming Wu (Age 49)
    CEO, Head of Core E-Commerce Business & Director
  • Mr. J. Michael Evans (Age 66)
    President & Director
  • Mr. Hong Xu (Age 51)
    Chief Financial Officer
  • Ms. Joan Zhou
    Investment Director
  • Mr. Yuen Jen Yao
    Senior VP & Head of Corporate Finance
  • Mr. Zeming Wu (Age 44)
    Chief Technology Officer
  • Mr. Robert Lin
    Investor Relations
  • Ms. Siying Yu (Age 50)
    General Counsel
  • Ms. Jane Jiang
    Chief People Officer

Should I Buy Alibaba Group Stock? BABA Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Alibaba:

  • Alibaba's diverse business segments provide exposure to various industries, reducing risk associated with sector-specific downturns.
  • Recent expansion efforts, such as the "10 billion yuan of subsidies" campaign on AliExpress, demonstrate a commitment to growth and market dominance.
  • Strong presence in the Chinese e-commerce market, with platforms like Taobao and Tmall, offers stability and potential for continued revenue growth.
  • Alibaba's cloud computing segment has shown significant growth potential, capitalizing on the increasing demand for digital services and data storage.
  • Current stock price reflects a favorable valuation compared to industry peers, presenting a potential buying opportunity for investors.

Cons

Investors should be bearish about investing in Alibaba for these reasons:

  • Regulatory challenges in China pose a risk to Alibaba's operations and could lead to increased scrutiny and potential fines.
  • Competition from emerging e-commerce platforms like PDD Holdings' Temu and Shein could impact Alibaba's market share and profitability.
  • Geopolitical tensions and trade uncertainties may affect Alibaba's international expansion plans and revenue streams.
  • Concerns about corporate governance practices and transparency issues could deter some investors from considering Alibaba as a long-term investment.
  • Market volatility and macroeconomic factors could impact Alibaba's stock performance, requiring a cautious approach from investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Alibaba Group pros and cons to contact@marketbeat.com.

BABA Stock Analysis - 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 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BABA shares.
View BABA analyst ratings
or view top-rated stocks.

What is Alibaba Group's stock price target for 2024?

15 equities research analysts have issued 12 month target prices for Alibaba Group's shares. Their BABA share price targets range from $85.00 to $136.00. On average, they predict the company's share price to reach $112.91 in the next twelve months. This suggests a possible upside of 59.8% 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 2024?

Alibaba Group's stock was trading at $77.51 at the beginning of 2024. Since then, BABA shares have decreased by 8.9% and is now trading at $70.64.
View the best growth stocks for 2024 here
.

Are investors shorting Alibaba Group?

Alibaba Group saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 41,560,000 shares, a drop of 5.6% from the March 15th total of 44,030,000 shares. Based on an average daily trading volume, of 18,410,000 shares, the short-interest ratio is presently 2.3 days. Currently, 1.7% of the shares of the company are sold short.
View Alibaba Group's Short Interest
.

When is Alibaba Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our BABA earnings forecast
.

How were Alibaba Group's earnings last quarter?

Alibaba Group Holding Limited (NYSE:BABA) issued its quarterly earnings results on Wednesday, February, 7th. The specialty retailer reported $18.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $19.12 by $0.15. The specialty retailer earned $260.35 billion during the quarter, compared to analyst estimates of $260.26 billion. Alibaba Group had a trailing twelve-month return on equity of 12.65% and a net margin of 10.75%. The business's revenue was up 5.1% compared to the same quarter last year. During the same period last year, the business posted $2.44 earnings per share.

How often does Alibaba Group pay dividends? What is the dividend yield for Alibaba Group?

Alibaba Group announced a -- dividend on Thursday, November 16th. Shareholders of record on Thursday, December 21st will be given a dividend of $1.00 per share on Thursday, January 18th. The ex-dividend date is Wednesday, December 20th.
Read our dividend analysis for BABA
.

Is Alibaba Group a good dividend stock?

Alibaba Group (NYSE:BABA) pays an annual dividend of $0.98 per share and currently has a dividend yield of 1.37%. The dividend payout ratio is 18.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BABA will have a dividend payout ratio of 12.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BABA.

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).

Who are Alibaba Group's major shareholders?

Alibaba Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include ARGA Investment Management LP (0.14%), IMC Chicago LLC (0.00%), Daily Journal Corp (0.01%), Douglas Lane & Associates LLC (0.01%), Aurora Investment Managers LLC. (0.00%) and Matthews International Capital Management LLC (0.00%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NYSE:BABA) was last updated on 4/16/2024 by MarketBeat.com Staff

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