Alibaba Group Announces December Quarter 2016 Results

Alibaba (BABA) PT Raised to $130 at Oppenheimer Following 3Q Report

Oppenheimer raised its price target on Alibaba (NYSE: BABA) to $130.00 (from $120.00) while maintaining a Outperform rating following the company's 3Q earnings report.

Analyst Jason Helfstein commented, "Following better F3Q:17 results, we are raising our target from $120 to $130, reflecting our bullish view on core... More

Alibaba (BABA) PT Raised to $122 at Jefferies Following 3Q Beat

Jefferies raised its price target on Alibaba (NYSE: BABA) to $122.00 (from $119.00) while maintaining a Buy rating following 3Q beat. Revenue grew 54% yoy to RMB53.2bn, 6.4% above Street.

Analyst Jessie Guo commented, "FY3Q17 results beat consensus and our estimates on both top... More

Needham & Company Maintains Bullish View on Alibaba (BABA) Following Strong Results

Needham & Company analyst Kerry Rice reiterated a Buy rating and $125 price target on Alibaba (NYSE: BABA) after the company "reported a strong Dec quarter with its China Commerce and International businesses providing the upside. Within China Commerce, Online Marketing Services benefited from merchants... More

Alibaba (BABA) PT Raised to $133 at Instinet (Nomura)

Instinet (Nomura) analyst Jialong Shi raised its price target on Alibaba (NYSE: BABA) to $133.00 (from $129.00) while maintaining a Buy rating.

Shi commented, "Alibaba (Ali) reported better-than-expected FY3Q17 revenues (+54% YoY) and non-GAAP earnings (+36% YoY). Revenues exceeded consensus by 6%, driven by higher China retail... More

Alibaba (BABA) PT Raised to $116 at Baird

Baird raised its price target on Alibaba (NYSE: BABA) to $116.00 (from $110.00) while maintaining a Outperform rating.

Analyst Colin Sebastian commented, "BABA reported strong F3Q17 results above expectations, driven by a reacceleration in core commerce (+45% Y/Y) and to a lesser extent Cloud... More

Alibaba (BABA) PT Raised to $148 at Deutsche Bank

Deutsche Bank raised its price target on Alibaba (NYSE: BABA) to $148.00 (from $140.00) while maintaining a Buy rating following strong results.

The analyst commented, "Alibaba reported a strong Dec Q with total rev growth of 54% yoy, beating DBe by 7%. Non-GAAP EBITDA margin of 50.7%... More

Alibaba (BABA) Tops Q3 EPS by 17c, Revenues Rise 54%

Alibaba (NYSE: BABA) reported Q3 EPS of $1.30, $0.17 better than the analyst estimate of $1.13. Revenue for the quarter came in at $7.7 billion versus the consensus estimate of $7.32 billion.

Our robust December quarter demonstrates the strength of the Chinese consumer and Alibabas ability to create value across our vast ecosystem, said Daniel Zhang, Chief Executive Officer of Alibaba Group. The 11.11 Shopping Festival featured Alibaba at its best, integrating commerce, entertainment and social engagement, all happening globally at record scale. We are driving the age of New Retail, which leverages big data and innovation to provide a seamless... More