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Alibaba Group Holding Ltd has a consensus price target of $119.82 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 Barclays, Benchmark, and Benchmark on November 19, 2024, November 18, 2024, and November 15, 2024, respectively. With an average price target of $122 between Barclays, Benchmark, and Benchmark, there's an implied 40.02% 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 Barclays on November 19, 2024. The analyst firm set a price target for $130.00 expecting BABA to rise to within 12 months (a possible 49.20% upside). 44 analyst firms have reported ratings in the last year.
The latest analyst rating for Alibaba Gr Hldgs (NYSE:BABA) was provided by Barclays, and Alibaba Gr Hldgs maintained their overweight 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 19, 2024 so you should expect the next rating to be made available sometime around November 19, 2025.
While ratings are subjective and will change, the latest Alibaba Gr Hldgs (BABA) rating was a maintained with a price target of $137.00 to $130.00. The current price Alibaba Gr Hldgs (BABA) is trading at is $87.13, which is out of the analyst’s predicted range.
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