Alibaba (BABA)
(Delayed Data from NYSE)
$85.41 USD
+2.45 (2.95%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $85.42 +0.01 (0.01%) 7:58 PM ET
3-Hold of 5 3
A Value C Growth A Momentum A VGM
Alibaba (BABA) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$105.67 | $130.00 | $85.00 | 27.37% |
Price Target
Based on short-term price targets offered by 17 analysts, the average price target for Alibaba comes to $105.67. The forecasts range from a low of $85.00 to a high of $130.00. The average price target represents an increase of 27.37% from the last closing price of $82.96.
Analyst Price Targets (17)
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
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/BABA.png)
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 |
---|---|---|---|---|
8/19/2024 | Susquehanna Financial Group | Shyam V Patil | 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 | The Benchmark Company | Fawne Jiang | Strong Buy | Strong Buy |
8/16/2024 | Not Identified | Not Identified | Hold | Hold |
8/15/2024 | Truist Securities | Youssef Squali | Strong Buy | Strong Buy |
7/26/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/19/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/10/2024 | New Street Research | Jin Yoon | Not Available | 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 | Not Identified | Not Identified | Strong Buy | Strong Buy |
2/8/2024 | Macquarie Capital Securities | Michael S Huang | Not Available | Hold |
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 | $105.67 |
LT Growth Rate | 24.80% |
Industry | Internet - Commerce |
Industry Rank by ABR | 68 of 253 |
Current Quarter EPS Est: | 2.24 |