Seeing Is Believing
BABA is currently covered by 24 analysts with an average price target of $125.09. This is a potential upside of $41.75 (50.1%) from yesterday's end of day stock price of $83.34.
Alibaba Group Holding Ltd's activity chart (see below) currently has 852 price targets and 602 ratings on display. The stock rating distribution of BABA is 93.91% BUY and 6.09% HOLD.
Analysts average stock forecasts to be materialized ratio is 58.33% with an average time for these price targets to be met of 254.42 days.
Highest price target for BABA is $135, Lowest price target is $70, average price target is $125.09.
Most recent stock forecast was given by ROB SANDERSON from LOOP CAPITAL on 29-Aug-2024.
Alibaba Group Holding Limited provides technology infrastructure and marketing reach to facilitate the connection between merchants, brands, retailers and businesses worldwide with their customers.
Through its seven distinctive segments – China Commerce, International Commerce Managed Services etc., Alibaba is revolutionizing commerce scenarios in both Sinophone regions as well as internationally through popular online marketplaces like Taobao Marketplace, Tmall, AliExpress, Lazada, Trendyol, Daraz and 1688.com.
Alibaba owns Freshippo, their self-operated retail chain; Tmall Global, the import e-commerce platform; Taoxianda which provides online-offline integration services for FMCG brands and third party grocery partners; Cainiao Network logistic service provider as well as Ele.me on demand delivery local services guide Koubei and Fliggy: An online travel platform all in addition to pay performance programs advertising networks such as the Taobao Ad Exchange or even cloud computing resources like elastic computing storage network security database big data & IoT services that offer better agility scalability reliability across businesses both large and small.
Alibaba also provides a myriad of digital products to keep customers connected, entertained and informed. This includes the Youku video platform; Alibaba Pictures and other content resources featuring films, live events, news feeds literature music and more; Amap – an app providing mobile mapping navigation services plus real-time traffic info; DingTalk – boosting workplace efficiency through its comprehensive business solutions on a single mobile application ,as well as Tmall Genie smart speaker technology.
AliBaba has over 20 years in operation since 1999 based out of Hangzhou China.
Currently out of the existing stock ratings of BABA, 108 are a BUY (93.91%), 7 are a HOLD (6.09%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Buy
115
$31.66 (37.99%)
115
2 days ago
24/33 (72.73%)
$33.98 (41.94%)
540
1.06
Buy
130
$46.66 (55.99%)
135
12 days ago
7/21 (33.33%)
$46.09 (54.93%)
481
0.46
Buy
100
$16.66 (19.99%)
110
15 days ago
28/48 (58.33%)
$16.82 (20.22%)
271
1.82
What is BABA (Alibaba Group Holding Ltd) average time for price targets to be met?
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