Alibaba Group (NYSE:BABA) Price Target Raised to $207.00 at Nomura

Alibaba Group (NYSE:BABA) had its target price increased by investment analysts at Nomura from $200.00 to $207.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The firm currently has a “buy” rating on the specialty retailer’s stock. Nomura’s target price indicates a potential upside of 52.61% from the stock’s previous close.

Several other brokerages have also commented on BABA. Barclays upped their target price on Alibaba Group from $186.00 to $195.00 and gave the company an “overweight” rating in a research report on Thursday. DZ Bank lowered Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 price target on the stock. in a research note on Friday, March 20th. HSBC raised their price objective on shares of Alibaba Group from $172.00 to $180.00 in a research report on Thursday. Mizuho lifted their price objective on shares of Alibaba Group from $190.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Erste Group Bank lowered shares of Alibaba Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $188.05.

Alibaba Group Trading Down 3.9%

NYSE:BABA opened at $135.64 on Friday. Alibaba Group has a 52 week low of $103.71 and a 52 week high of $192.67. The firm’s fifty day moving average is $131.65 and its 200-day moving average is $149.49. The firm has a market cap of $325.41 billion, a P/E ratio of 22.27, a P/E/G ratio of 2.52 and a beta of 0.50. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.33 and a current ratio of 1.33.

Alibaba Group (NYSE:BABA) last issued its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 EPS for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.82%. The business had revenue of $35.30 billion for the quarter. Equities analysts expect that Alibaba Group will post 6.7 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Bruce G. Allen Investments LLC raised its holdings in shares of Alibaba Group by 26.4% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 302 shares of the specialty retailer’s stock worth $54,000 after acquiring an additional 63 shares during the last quarter. Bluesphere Advisors LLC boosted its stake in Alibaba Group by 2.2% during the 3rd quarter. Bluesphere Advisors LLC now owns 3,023 shares of the specialty retailer’s stock valued at $540,000 after purchasing an additional 64 shares during the last quarter. Richardson Financial Services Inc. increased its holdings in Alibaba Group by 34.4% during the 3rd quarter. Richardson Financial Services Inc. now owns 254 shares of the specialty retailer’s stock worth $45,000 after purchasing an additional 65 shares in the last quarter. Transcend Capital Advisors LLC raised its stake in shares of Alibaba Group by 1.0% in the third quarter. Transcend Capital Advisors LLC now owns 6,661 shares of the specialty retailer’s stock worth $1,191,000 after purchasing an additional 66 shares during the last quarter. Finally, Bleakley Financial Group LLC raised its stake in shares of Alibaba Group by 0.4% in the fourth quarter. Bleakley Financial Group LLC now owns 16,420 shares of the specialty retailer’s stock worth $2,407,000 after purchasing an additional 67 shares during the last quarter. 13.47% of the stock is currently owned by institutional investors and hedge funds.

Key Alibaba Group News

Here are the key news stories impacting Alibaba Group this week:

• Positive Sentiment: Wall Street sentiment improved as multiple firms raised price targets, including HSBC to $180 and Mizuho to $195, reinforcing confidence in Alibaba’s AI and cloud growth outlook. Alibaba Group (NYSE:BABA) Price Target Raised to $180.00 at HSBC
• Positive Sentiment: Alibaba reported strong AI and cloud momentum, with Cloud Intelligence revenue accelerating and AI revenue posting triple-digit growth for another quarter, suggesting the company’s pivot toward enterprise AI is gaining traction. China’s Alibaba reports 38% jump in AI and cloud revenue as it races to grow
• Positive Sentiment: Reports that U.S. regulators approved Nvidia H200 chip sales to several Chinese firms, including Alibaba, could support Alibaba’s AI infrastructure buildout if purchases move forward. US clears sales of Nvidia’s H200 chip to 10 China firms
• Neutral Sentiment: Alibaba announced an annual dividend, which may be viewed as a shareholder-friendly move, but the yield details appear unusually high and the announcement is less important than the AI growth narrative driving the stock. Alibaba Group Price Performance
• Negative Sentiment: The earnings report also highlighted that profits are under pressure from elevated AI and cloud spending, and some coverage noted revenue still missed estimates, reminding investors that near-term earnings may stay volatile while Alibaba invests for growth. Alibaba Q4 Earnings Fall Short of Estimates, Revenues Rise Y/Y

About Alibaba Group

Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.

The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.