Alibaba Group Announces December Quarter 2018 Results
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Alibaba (BABA) PT Raised to $195 at Oppenheimer
January 31, 2019 8:40 AM ESTOppenheimer analyst Jason Helfstein raised the price target on Alibaba (NYSE: BABA) to $195.00 (from $185.00) while maintaining a Outperform rating.
Helfstein commented, "We are maintaining our Outperform rating, and raising our target to $195 (was $185) on strong F3Q (Dec.) core commerce results.... More
Alibaba (BABA) PT Lowered to $215 at BofA/Merrill Lynch
January 31, 2019 6:46 AM ESTBofA/Merrill Lynch analyst Eddie Leung lowered the price target on Alibaba (NYSE: BABA) to $215.00 (from $221.00) while maintaining a Buy rating.
... MoreAlibaba (BABA) PT Raised to $210 at RBC Capital
January 30, 2019 1:54 PM ESTRBC Capital analyst Mark Mahaney raised the price target on Alibaba (NYSE: BABA) to $210.00 (from $200.00) while maintaining a Outperform rating despite mixed results.
The price target hike is largely due to a change from Fx headwinds to tailwinds at current spot rates, the analyst said.
... MoreAlibaba (BABA) Tops Q4 EPS by 10c, Revenues Miss
January 30, 2019 6:47 AM ESTAlibaba (NYSE: BABA) reported Q4 EPS of $1.77, $0.10 better than the analyst estimate of $1.67. Revenue for the quarter came in at $17.06 billion versus the consensus estimate of $17.64 billion.
Revenue was RMB117,278 million (US$17,057 million), an increase of 41% year-over-year.Revenue from core commerce increased 40% year-over-year to RMB102,843 million (US$14,958 million).Revenue from cloud computing increased 84% year-over-year to RMB6,611 million (US$962 million).Revenue from digital media and entertainment increased 20% year-over-year to RMB6,491 million (US$944 million).Revenue from innovation initiatives and others increased 73% year-over-year to RMB1,333 million (US$193 million).Annual... More