Alibaba is a internet retail company located in Hong Kong, which is part of the Consumer Cyclical sector, and is traded under the ticker BABA on the NYSE exchange.
Alibaba stock last closed at $88.54, up 2.12% from the previous day, and has decreased 2.36% in one year. It has underperformed other stocks in the Internet Retail industry by 0.28 percentage points. Alibaba stock is currently +32.88% from its 52-week low of $66.63, and -13.62% from its 52-week high of $102.50.
As of May 17, 2024, there are 19.76B BABA shares outstanding. The market capitalization of BABA is $218.73B. In the past 24 hours, 35.06M BABA shares were traded.
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After you have selected the best place to buy Alibaba stock, it's absolutely critical to research their stock before you buy, so you truly understand the risk as well as the upside.
WallStreetZen was created to help part-time investors do better fundamental analysis in less time.
You can view all of the due diligence checks on BABA's stock page.
Investors use a variety of different financial metrics, analyses, models, and charts to gauge BABA's intrinsic value.
Using relative valuations measures:
You can do additional valuation research on BABA's stock here.
Out of 12 Equities analysts who research BABA, the consensus analyst rating on BABA is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
James Lee, a top 2% analyst from Mizuho maintains BABA with a strong buy rating and lowers their BABA price target from $95.00 to $92.00, on May 15, 2024.
Mizuho's James Lee lowered their price target on Alibaba (NYSE: BABA) by 3.2% from $95 to $92 on 2024/05/15. The analyst maintained their Strong Buy rating on the stock.
Alibaba reported its Q4 and FY 2024 earnings on 2024/05/14.
Lee called the quarter "encouraging" as GMV (Gross Merchandise Volume) accelerated because of "demand elasticity of price discounts," and "China commerce margin remained on track in spite of facing mix shift to lower-priced platform."
Alibaba's soft consolidated EBITA was the result of long-term investments in international businesses and Cainia, the analyst explained.
Alibaba reported:
For Q4 2024:
For FY 2024:
Management did not provide financial guidance in its press release or earnings presentation.
CEO Eddie Wu commented: “This quarter’s results demonstrate that our strategies are working and we are returning to growth.
"Our China and international commerce businesses realized double-digit Y/Y GMV growth through our focus on the customer experience.
"We are also excited by the accelerated growth of customers and cloud computing revenues related to our AI products.
"We will remain focused on our strategic priorities and capture future growth opportunities
CFO Toby Xu added: “Alibaba Group delivered a strong quarter with revenue growth of 7% Y/Y.
"We’ve seen early results from increased investment in our strategic business priorities and are confident in our business outlook.
"We are committed to continuing to return value to our shareholders.
During FY 2024, we repurchased US$12.5B of shares, and our board of directors has approved a US$4B dividend for FY 2024.
Alex Yao, a bottom 16% analyst from JP Morgan maintains BABA with a strong buy rating and lowers their BABA price target from $105.00 to $100.00, on Apr 9, 2024.
Gary Yu, a bottom 8% analyst from Morgan Stanley maintains BABA with a hold rating and maintains their BABA price target from $85.00 to $85.00, on Apr 9, 2024.
Ronald Keung, a bottom 7% analyst from Goldman Sachs maintains BABA with a strong buy rating and lowers their BABA price target from $121.00 to $105.00, on Feb 8, 2024.
Shyam Patil, a top 13% analyst from Susquehanna maintains BABA with a strong buy rating and lowers their BABA price target from $150.00 to $135.00, on Feb 8, 2024.
You can dig deeper into what analysts are projecting on the Alibaba stock forecast page.
Last year, BABA earnings were $11.03B. During the past 5 year, BABA's earnings have grown by -2.82% per year. This was slower than the Internet Retail industry average of 42.84%.
Last year, BABA revenue was $130.18B. In the last five year, BABA's revenue has grown by 18.37% per year. This was slower than the Internet Retail industry average of 27.04%.
You can analyze BABA's earnings and revenue performance here.
Over the last year, executives and large shareholders at BABA have not bought or sold any shares.
Research more about who owns BABA shares here.
Alibaba pays a dividend of 1.13%, compared to the Internet Retail industry's average dividend yield of 3.83%. If you owned $1,000 of BABA stock, you would have been paid $11.29 in the past year.
Dig into more info about Alibaba dividend yield and history here.
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To summarize, here are the 6 steps to buy Alibaba stock:
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