Alibaba (BABA)
(Delayed Data from NYSE)
$99.21 USD
+0.81 (0.82%)
Updated Nov 5, 2024 04:01 PM ET
After-Market: $99.43 +0.22 (0.22%) 6:30 PM ET
2-Buy of 5 2
A Value C Growth D Momentum A VGM
Alibaba (BABA) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$119.72 | $145.00 | $85.00 | 21.67% |
Price Target
Based on short-term price targets offered by 18 analysts, the average price target for Alibaba comes to $119.72. The forecasts range from a low of $85.00 to a high of $145.00. The average price target represents an increase of 21.67% from the last closing price of $98.40.
Analyst Price Targets (18)
Broker Rating
Alibaba currently has an average brokerage recommendation (ABR) of 1.24 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 1.24 a month ago based on 17 recommendations.
Of the 17 recommendations deriving the current ABR, 15 are Strong Buy, representing 88.24% of all recommendations. A month ago, Strong Buy represented 88.24%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 15 | 15 | 15 | 14 | 14 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.24 | 1.24 | 1.24 | 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 |
---|---|---|---|---|
10/15/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
10/7/2024 | Macquarie Capital Securities | Michael S Huang | Hold | Strong Buy |
9/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
9/9/2024 | New Street Research | Jin Yoon | Strong Buy | Strong Buy |
8/19/2024 | Susquehanna Financial Group | Shyam V Patil | Strong Buy | Strong Buy |
8/19/2024 | Nomura | Chao Wang | Not Available | Strong Buy |
8/16/2024 | The Benchmark Company | Fawne Jiang | Strong Buy | Strong Buy |
8/16/2024 | Robert W. Baird & Co. | Colin A Sebastian | Strong Buy | Strong Buy |
8/16/2024 | Loop Capital Markets | Robert Sanderson | Strong Buy | Strong Buy |
8/16/2024 | Not Identified | Not Identified | Hold | Hold |
8/15/2024 | UBS | Kenneth Fong | Strong Buy | Strong Buy |
8/15/2024 | Truist Securities | Youssef Squali | Strong Buy | Strong Buy |
7/26/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/21/2024 | Mizuho SecuritiesUSA | James Lee | Strong Buy | 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 | 1.24 |
ABR (Last week) | 1.24 |
# of Recs in ABR | 17 |
Average Target Price | $119.72 |
LT Growth Rate | 26.50% |
Industry | Internet - Commerce |
Industry Rank by ABR | 68 of 252 |
Current Quarter EPS Est: | 2.09 |
BABA FAQs
Alibaba Group Holding Limited (BABA) currently has an average brokerage recommendation (ABR) of 1.24 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 average price target for Alibaba Group Holding Limited (BABA) is $119.72. The current on short-term price targets is based on 3 reports.
The forecasts for Alibaba Group Holding Limited (BABA) range from a low of $85 to a high of $145. The average price target represents a increase of $21.67 from the last closing price of $98.40.
The current UPSIDE for Alibaba Group Holding Limited (BABA) is 21.67%
Based on short-term price targets offered by 18 analysts, the average price target for Alibaba comes to $119.72. The forecasts range from a low of $85.00 to a high of $145.00. The average price target represents an increase of 21.67% from the last closing price of $98.40.