- Alibaba (BABA, Financial) defies market conditions with a 28% YTD increase in share price.
- Analysts predict a potential 46.42% upside for BABA with an average target price of $159.41.
- Alibaba's "Outperform" status supported by a 1.7 average brokerage recommendation.
As Alibaba (NYSE: BABA) maneuvers through a complex trade environment between the United States and China, the company demonstrates considerable resilience. Even amidst market fluctuations, Alibaba's share price has impressively surged over 28% year to date. This growth is underpinned by a 6.67% increase in revenue year-on-year, reaching $38.6 billion, and surpassing market expectations by $313.04 million.
Wall Street Analysts' Forecast for Alibaba
According to projections compiled from 38 analysts, the average one-year price target for Alibaba Group Holding Ltd (BABA, Financial) stands at $159.41. The estimates range from a high of $192.64 to a low of $94.02, suggesting a significant upside potential of 46.42% from the current price of $108.87. For more detailed analysis and data, please visit the Alibaba Group Holding Ltd (BABA) Forecast page.
Brokerage Recommendations
Consensus across 43 brokerage firms positions Alibaba Group Holding Ltd (BABA, Financial) with an average brokerage recommendation of 1.7, translating to an "Outperform" status. This rating operates on a scale where 1 is a Strong Buy and 5 is a Sell, indicating a positive outlook from the financial community.
Evaluating Alibaba's GF Value
In terms of valuation, the GF Value for Alibaba Group Holding Ltd (BABA, Financial) is estimated at $108.14 for the next year. This suggests a slight downside of 0.67% from the current price of $108.87. The GF Value represents the fair value estimate derived from the historical multiples Alibaba has traded at, alongside past and projected business growth. Additional details can be accessed on the Alibaba Group Holding Ltd (BABA) Summary page.
