What Alibaba does
Its primary business is to offer a digital marketplace where consumers and merchants can connect and buy and sell from each other. But the company has expanded its operations to include cloud computing, digital media and entertainment, and other business offerings.
What is the future of Alibaba
Stock Price Forecast
The 51 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 138.63, with a high estimate of 184.44 and a low estimate of 72.07. The median estimate represents a +50.42% increase from the last price of 92.16.
Why is Alibaba so successful
Alibaba gathers scattered customers with similar needs to form a powerful purchasing group that can buy single products at a wholesale price. Furthermore, Alibaba also takes advantage of its massive online customer behavior data to develop products suited to particular customer habits.
Does Alibaba stock have a future
BABA Stock Forecast FAQ
Alibaba has 53.90% upside potential, based on the analysts' average price target. Alibaba has a conensus rating of Strong Buy which is based on 13 buy ratings, 1 hold ratings and 0 sell ratings. The average price target for Alibaba is $142.71.
Will BABA ever recover
The website's algorithm-based analysis projected that the BABA share price could fall to $2.54 by the end of 2022. However, Coin Price Forecast projected the price could recover, although it would take 12 years to return to the previous all-time high above $300.
Why is Alibaba losing value
The stock has lost more than 70% of its value since late 2020, hammered by regulatory crackdowns, rising competition from the likes of JD.com (JD) and Pinduoduo (PDD), and a Covid-induced slowdown in the world's second-largest economy.
Will Alibaba stock reach $1000
Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level. Alibaba's P/E ratio would compress to a mere 11 times on a forward basis (FY2026) and this is based on the current depressed environment.
Could BABA reach $1,000
Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level. Alibaba's P/E ratio would compress to a mere 11 times on a forward basis (FY2026) and this is based on the current depressed environment.
What is the future of BABA
Alibaba Group Holding Ltd (NYSE:BABA)
The 52 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 138.94, with a high estimate of 185.38 and a low estimate of 72.44. The median estimate represents a +45.83% increase from the last price of 95.28.
Is BABA a good investment
BABA Stock Forecast FAQ
What is BABA's upside potential, based on the analysts' average price target Alibaba has 54.83% upside potential, based on the analysts' average price target. Alibaba has a conensus rating of Strong Buy which is based on 13 buy ratings, 1 hold ratings and 0 sell ratings.
Does Alibaba have a future
Analysts believe Alibaba's revenue and adjusted EBITDA will grow 10% and 9%, respectively, in fiscal 2024.
Will Alibaba recover in 2023
Analysts expect Alibaba's revenue to grow at a CAGR of 9% from fiscal 2023 to 2025, and for its net income to increase at a CAGR of 30% as it spins off more of its subsidiaries and reins in its spending.
Is BABA still a good buy
Alibaba has 50.92% upside potential, based on the analysts' average price target. Is BABA a Buy, Sell or Hold Alibaba has a conensus rating of Strong Buy which is based on 13 buy ratings, 1 hold ratings and 0 sell ratings.
Can BABA reach $1,000
Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level. Alibaba's P/E ratio would compress to a mere 11 times on a forward basis (FY2026) and this is based on the current depressed environment.
Will Alibaba reach $1 000
Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level. Alibaba's P/E ratio would compress to a mere 11 times on a forward basis (FY2026) and this is based on the current depressed environment.
