Alibaba (BABA) plan is a 'positive catalyst' for the stock over the next 18 months - Benchmark

Alibaba (BABA) restructuring a potential long-term driver - Susquehanna

May 23, 2023 9:31 AM EDT

Alibaba's (NYSE: BABA) price target was cut to $160 from $175 by Susquehanna on Tuesday, with analyst Shyam Patil maintaining a Positive rating on the stock.

Patil believes the focus for Alibaba has shifted to restructuring, which is a potential long-term driver.... More

Alibaba (BABA) PT Lowered to $140 at HSBC

May 19, 2023 8:32 AM EDT

HSBC analyst Charlene Liu lowered the price target on Alibaba (NYSE: BABA) to $140.00 (from $143.00) while maintaining a Buy rating.... More

Foot Locker, Disney, Ross Stores fall premarket; Deere rises

May 19, 2023 8:16 AM EDT

Investing.com -- Stocks in focus in premarket trade on Friday, May 19th. Please refresh for updates.

Foot Locker (NYSE: FL) stock slumped 25% after the footwear... More

Alibaba (9988:HK) (BABA) PT Lowered to HK$176 at Jefferies

May 19, 2023 8:06 AM EDT

Jefferies analyst Thomas Chong lowered the price target on Alibaba (9988:HK) (NYSE: BABA) to HK$176.00 (from HK$214.00) while maintaining a Buy rating.... More

Alibaba (BABA) PT Lowered to $181 at Jefferies

May 19, 2023 8:06 AM EDT

Jefferies analyst Thomas Chong lowered the price target on Alibaba (NYSE: BABA) to $181.00 (from $220.00) while maintaining a Buy rating.... More

Alibaba (BABA) PT Lowered to $115 at Baird

May 19, 2023 6:51 AM EDT

Baird analyst Colin Sebastian lowered the price target on Alibaba (NYSE: BABA) to $115.00 (from $120.00) while maintaining a Outperform rating.... More

Benchmark says new strategic plan isa positive catalyst for Alibaba (BABA) stock in the next 6-18 months

May 19, 2023 6:37 AM EDT

Benchmark analyst Fawne Jiang reiterated a Buy rating and $180.00 price target on Alibaba (NYSE: BABA).

"Along with its F4Q23 earnings, BABA announced a capital management plan striving to unlock shareholder values. Major upcoming events include a full spin-off of cloud, IPOs of... More

Alibaba (BABA) PT Lowered to $132 at BofA Securities

May 19, 2023 5:33 AM EDT

BofA Securities analyst Joyce Ju lowered the price target on Alibaba (NYSE: BABA) to $132.00 (from $144.00) while maintaining a Buy rating.

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Alibaba misses revenue estimate, approves cloud unit spinoff

May 18, 2023 7:08 AM EDT

(Reuters) - China's Alibaba Group Holding Ltd posted a 2% rise in quarterly revenue that missed expectations on Thursday and said it would list its cloud computing business in the next year. 

The company has been struggling to attract new users as China's e-commerce sector matures and it grapples with inroads made by new competitors such as PDD Holdings and Douyin, the Chinese version of TikTok that is also owned by ByteDance.

U.S.-listed shares of the Chinese tech giant fell 4.9% to $86.20 in early trading.

Earlier this year, Alibaba announced plans to restructure into six units... More

Alibaba (BABA) Tops Q1 EPS by RMB1.25

May 18, 2023 7:07 AM EDT

Alibaba (NYSE: BABA) reported Q1 EPS of RMB10.71, RMB1.25 better than the analyst estimate of RMB9.46. Revenue for the quarter came in at RMB208.2 billion versus the consensus estimate of RMB209.02 billion.

For earnings history and earnings-related data on Alibaba (BABA) click here.

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