Alibaba (BABA) Shares Plunge on Revenue and EPS Miss, Guidance Signals Worst Revenue Growth in Years as Singles' Day Sales Also Disappoints
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- US futures fall on tech selloff as concerns about hawkish Fed, AI spending mount
- SpaceX extends losses after $600 billion wipeout, tech stocks slide again
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Alibaba (BABA) PT Lowered to $215 at Mizuho Securities
November 18, 2021 5:51 PM ESTMizuho Securities analyst James Lee lowered the price target on Alibaba (NYSE: BABA) to $215.00 (from $245.00) while maintaining a Buy rating.
The analyst commented, "As expected, negative macro factors drove slower CMR revenue growth but were offset by strength in Cloud and international. On... More
Alibaba (BABA) PT Lowered to $220 at Raymond James
November 18, 2021 1:53 PM ESTRaymond James analyst Aaron Kessler lowered the price target on Alibaba (NYSE: BABA) to $220.00 (from $240.00) while maintaining an Outperform rating following results.
The analyst commented, "Alibaba reported lower-than-expected F2Q22 revenues and EBITA due to largely to slower China Retail Marketplace growth. Alibaba cited macro... More
Alibaba (BABA) Misses Q2 EPS by 19c, Revenue Misses
November 18, 2021 6:26 AM ESTAlibaba (NYSE: BABA) reported Q2 EPS of $1.74, $0.19 worse than the analyst estimate of $1.93. Revenue for the quarter came in at $31.15 billion versus the consensus estimate of $32.05 billion.
Guidance:
The guidance below is a forward-looking statement that... More

