- Alibaba (BABA, Financial) is set to unveil its advanced AI model, Qwen 3, in 2025, amid a thriving AI market in China.
- Stock has appreciated by 56% in 2023, fueled by strategic advancements and improved government ties.
- Wall Street analysts predict a potential 22.96% upside for Alibaba's stock price.
Alibaba Group Holding (BABA) is making headlines with plans to introduce its next-generation AI model, Qwen 3, by April 2025. This strategic upgrade positions Alibaba competitively within China's dynamic AI industry, where local startups like DeepSeek are gaining traction with cost-effective solutions. A notable 56% rise in Alibaba's stock throughout 2023 underscores the company's successful focus on AI innovations and strengthened governmental relations.
Wall Street Analysts' Forecast
In assessing Alibaba's growth potential, 38 analysts have set a one-year price target for Alibaba Group Holding Ltd (BABA, Financial), with an average target price of $159.59. Estimates range from a high of $190.38 to a low of $93.99. This average target suggests a promising upside of 22.96% from the current stock price of $129.79. For more detailed projections, please visit the Alibaba Group Holding Ltd (BABA) Forecast page.
Reflecting a positive sentiment from Wall Street, Alibaba Group Holding Ltd (BABA, Financial) currently holds an average brokerage recommendation of 1.7, signifying an "Outperform" status out of 43 brokerage firms surveyed. The recommendation scale varies from 1 (Strong Buy) to 5 (Sell), indicating strong analyst confidence in Alibaba's performance.
Yet, according to GuruFocus estimates, the projected GF Value for Alibaba Group Holding Ltd (BABA, Financial) over the next year stands at $108.85. This projection hints at a potential downside of 16.13% from the stock's current level of $129.79. The GF Value represents GuruFocus' fair value estimate, based on historical valuation multiples, past growth trends, and future business performance forecasts. Delve into further insights on the Alibaba Group Holding Ltd (BABA) Summary page.
