Formidable Asset Management LLC Boosts Stock Position in Alibaba Group Holding Limited $BABA

Formidable Asset Management LLC boosted its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA) by 25.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,474 shares of the specialty retailer’s stock after purchasing an additional 8,415 shares during the period. Alibaba Group comprises approximately 1.1% of Formidable Asset Management LLC’s holdings, making the stock its 18th largest holding. Formidable Asset Management LLC’s holdings in Alibaba Group were worth $7,413,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Rosenberg Matthew Hamilton purchased a new position in shares of Alibaba Group during the second quarter valued at approximately $26,000. Mather Group LLC. bought a new stake in Alibaba Group in the third quarter valued at $30,000. NBT Bank N A NY increased its position in Alibaba Group by 231.5% during the 3rd quarter. NBT Bank N A NY now owns 179 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 125 shares during the period. NewSquare Capital LLC raised its holdings in Alibaba Group by 65.0% in the 2nd quarter. NewSquare Capital LLC now owns 330 shares of the specialty retailer’s stock worth $37,000 after purchasing an additional 130 shares in the last quarter. Finally, Elkhorn Partners Limited Partnership lifted its position in shares of Alibaba Group by 33.3% in the 2nd quarter. Elkhorn Partners Limited Partnership now owns 400 shares of the specialty retailer’s stock worth $45,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 13.47% of the company’s stock.

Key Alibaba Group News

Here are the key news stories impacting Alibaba Group this week:

• Positive Sentiment: Major Qwen upgrade: Alibaba has rolled out a unified, agentic Qwen AI experience across its ecosystem (Taobao, Alipay, travel apps), enabling in-chat shopping, payments, food orders and travel bookings — a step that could accelerate user engagement and new monetization paths. Alibaba Qwen Upgrade: The Market Can No Longer Ignore This AI Catalyst
• Positive Sentiment: Agentic & payments features now live for public testing in China — Qwen can place orders, complete in-chat payments and book travel, increasing direct commerce conversion through AI. This operational progress makes near-term monetization more plausible. Alibaba Adds Agentic and Payments Capabilities to Consumer AI App
• Positive Sentiment: Wall Street warming to the AI story — several analysts and research notes show growing confidence that Alibaba’s AI/cloud push could be the next growth leg, supporting higher longer-term targets. Why Wall Street Is Turning More Confident on Alibaba’s AI Push
• Neutral Sentiment: Ecosystem integration breadth — multiple outlets note Qwen’s connections to Taobao, Alipay and travel apps and reported user milestones, which are strategically important but will take time to translate into revenue. China’s Alibaba Links Qwen AI App to Vast Consumer Ecosystem
• Neutral Sentiment: Deal/tech exposure: reports that Alibaba and JPMorgan are cornerstones in a chip-designer listing highlight strategic moves into semiconductors but are peripheral to core revenue drivers. Montage Technology Draws Alibaba, JPMorgan as Cornerstones for Hong Kong Listing
• Negative Sentiment: Analyst target trim: Nomura lowered its price target (from $215 to $193) while keeping a buy rating — a modest re-pricing that signals caution on near-term upside despite bullish AI narratives. Nomura Adjusts Alibaba Group Price Target to $193 From $215; Maintains Buy Rating
• Negative Sentiment: Profit-taking and core-ecommerce concerns: social and trade commentary note a multimonth pullback and worries about e‑commerce monetization, which likely drove the intraday decline as some investors locked gains after the AI headlines. Why This Trader Sees A Timing Opportunity In Alibaba Stock

Alibaba Group Stock Down 3.1%

BABA stock opened at $165.63 on Monday. The business has a 50 day moving average of $155.99 and a 200 day moving average of $148.15. The firm has a market cap of $395.21 billion, a PE ratio of 22.88, a price-to-earnings-growth ratio of 3.53 and a beta of 0.37. Alibaba Group Holding Limited has a twelve month low of $83.03 and a twelve month high of $192.67. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.23.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Freedom Capital cut shares of Alibaba Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Loop Capital set a $140.00 target price on Alibaba Group in a report on Tuesday, January 6th. Jefferies Financial Group lowered their target price on Alibaba Group from $231.00 to $225.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. Morgan Stanley reduced their price target on Alibaba Group from $200.00 to $180.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Finally, Zacks Research downgraded Alibaba Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. Seventeen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Alibaba Group has an average rating of “Moderate Buy” and an average price target of $190.68.

Alibaba Group Company Profile

Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.

The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.