Alibaba Group Announces March Quarter 2017 and Full Fiscal Year 2017 Results

Alibaba (BABA) PT Raised to $151 at Deutsche Bank; 'Pent up Consumerism'

Deutsche Bank raised its price target on Alibaba (NYSE: BABA) to $151.00 (from $144.00) while maintaining a Buy rating.

Analyst Esther Chwei notes the company's opening remarks "reflected on the release of pent up consumerism as underpinning not just its fastest revenue growth... More

Alibaba (BABA) PT Raised to $135 at Cantor Fitzgerald; Reiterates Overweight

Cantor Fitzgerald raised its price target on Alibaba (NYSE: BABA) to $135.00 (from $120.00) while maintaining a Overweight rating. 4Q revenue was reported at $5,605M compared to the FactSet consensus of $5,233M. EBITDA was $2,411M vs. consensus of $2,271M. Adjusted EPS of $0.63 missed consensus of $0.66 on... More

Alibaba (BABA) PT Raised to $142 at Goldman Sachs, Keeps Top Rating

Goldman Sachs raised its price target on Alibaba (NYSE: BABA) to $142.00 while maintaining a Conviction Buy rating following solid results.

Analyst Piyush Mubayi revenue of Rmb38.6bn (+60% yoy) was 6%/7% above GSe/Bloomberg consensus. Meanwhile, EPS was up 46% yoy but below consensus on... More

Alibaba (BABA) Misses Q4 EPS by 2c, Sales Beat

Alibaba (NYSE: BABA) reported Q4 EPS of $0.63, $0.02 worse than the analyst estimate of $0.65. Revenue for the quarter came in at $5.61 billion versus the consensus estimate of $5.23 billion.

"Alibaba Group had another outstanding quarter and fiscal year, demonstrating our ability to successfully engage and monetize the half a billion consumers across our platforms," said Daniel Zhang, Chief Executive Officer of Alibaba Group. "Our core commerce segment continued its significant growth and strong cash flow at large scale, enabling our aggressive investment in cloud computing, digital media and entertainment to drive the digital transformation of... More