Alibaba Group (BABA, Financial) shares surged nearly 3% after the company announced the launch of Qwen2.5-Omni-7B, a new multimodal AI model from its Cloud unit. This model, capable of processing text, video, images, and audio, is part of the Qwen series and has been released as open-source. It is accessible on platforms such as Alibaba Cloud's ModelScope and GitHub. The new AI model aims to enhance the development of intelligent applications, contributing to the competitive AI scene in China.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 38 analysts, the average target price for Alibaba Group Holding Ltd (BABA, Financial) is $162.01 with a high estimate of $193.27 and a low estimate of $95.42. The average target implies an upside of 21.80% from the current price of $133.01. More detailed estimate data can be found on the Alibaba Group Holding Ltd (BABA) Forecast page.
Based on the consensus recommendation from 43 brokerage firms, Alibaba Group Holding Ltd's (BABA, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Alibaba Group Holding Ltd (BABA, Financial) in one year is $109.75, suggesting a downside of 17.49% from the current price of $133.01. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Alibaba Group Holding Ltd (BABA) Summary page.
