Alibaba (BABA)
(Delayed Data from NYSE)
$77.90 USD
+0.92 (1.20%)
Updated Aug 6, 2024 04:00 PM ET
After-Market: $77.70 -0.20 (-0.26%) 7:58 PM ET
4-Sell of 5 4
A Value D Growth D Momentum C VGM
Alibaba (BABA) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$106.52 | $135.00 | $80.00 | 38.37% |
Price Target
Based on short-term price targets offered by 18 analysts, the average price target for Alibaba comes to $106.52. The forecasts range from a low of $80.00 to a high of $135.00. The average price target represents an increase of 38.37% from the last closing price of $76.98.
Analyst Price Targets (18)
Broker Rating
Alibaba currently has an average brokerage recommendation (ABR) of 1.35 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 17 brokerage firms. The current ABR compares to an ABR of 1.35 a month ago based on 17 recommendations.
Of the 17 recommendations deriving the current ABR, 14 are Strong Buy, representing 82.35% of all recommendations. A month ago, Strong Buy represented 82.35%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 14 | 14 | 14 | 14 | 14 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 3 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.35 | 1.35 | 1.35 | 1.35 | 1.35 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/26/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/14/2024 | Truist Securities | Youssef Squali | Strong Buy | Strong Buy |
4/19/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/18/2024 | Not Identified | Not Identified | Hold | Hold |
4/10/2024 | New Street Research | Jin Yoon | Not Available | Strong Buy |
4/10/2024 | The Benchmark Company | Fawne Jiang | Strong Buy | Strong Buy |
4/9/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
3/27/2024 | Mizuho SecuritiesUSA | James Lee | Strong Buy | Strong Buy |
3/15/2024 | Loop Capital Markets | Robert Sanderson | Strong Buy | Strong Buy |
3/15/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
2/8/2024 | Macquarie Capital Securities | Michael S Huang | Not Available | Hold |
2/8/2024 | Susquehanna Financial Group | Shyam V Patil | Strong Buy | Strong Buy |
1/19/2024 | Robert W. Baird & Co. | Colin A Sebastian | Strong Buy | Strong Buy |
11/1/2023 | UBS | Kenneth Fong | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.35 |
ABR (Last week) | 1.35 |
# of Recs in ABR | 17 |
Average Target Price | $106.52 |
LT Growth Rate | 23.30% |
Industry | Internet - Commerce |
Industry Rank by ABR | 71 of 253 |
Current Quarter EPS Est: | 2.24 |