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Alibaba Group Holding Ltd has a consensus price target of $120.14 based on the ratings of 23 analysts. The high is $155 issued by Deutsche Bank on January 13, 2023. The low is $85 issued by Bernstein on August 16, 2024. The 3 most-recent analyst ratings were released by Benchmark, Mizuho, and Baird on November 15, 2024, November 12, 2024, and October 24, 2024, respectively. With an average price target of $113.67 between Benchmark, Mizuho, and Baird, there's an implied 28.38% upside for Alibaba Group Holding Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Alibaba Gr Hldgs (NYSE:BABA) was reported by Benchmark on November 15, 2024. The analyst firm set a price target for $118.00 expecting BABA to rise to within 12 months (a possible 33.27% upside). 46 analyst firms have reported ratings in the last year.
The latest analyst rating for Alibaba Gr Hldgs (NYSE:BABA) was provided by Benchmark, and Alibaba Gr Hldgs reiterated their buy rating.
The last upgrade for Alibaba Group Holding Ltd happened on October 7, 2024 when Macquarie raised their price target to N/A. Macquarie previously had a neutral for Alibaba Group Holding Ltd.
The last downgrade for Alibaba Group Holding Ltd happened on February 8, 2024 when Macquarie changed their price target from N/A to $85.4 for Alibaba Group Holding Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alibaba Gr Hldgs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Alibaba Gr Hldgs was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest Alibaba Gr Hldgs (BABA) rating was a reiterated with a price target of $118.00 to $118.00. The current price Alibaba Gr Hldgs (BABA) is trading at is $88.54, which is out of the analyst’s predicted range.
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