Alibaba Group Announces June Quarter 2024 Results
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Alibaba (BABA) PT Lowered to $130 at Susquehanna
August 19, 2024 6:02 AM EDTSusquehanna analyst Shyam Patil lowered the price target on Alibaba (NYSE: BABA) to $130.00 (from $135.00) while maintaining a Positive rating.
The analyst comments "Our thoughts. Despite the choppy China macro, BABA continues to make progress on strategic initiatives such as AI, and while the... More
Alibaba (BABA) PT Raised to $85 at Bernstein SocGen Group
August 16, 2024 6:00 AM EDTBernstein SocGen Group analyst Robin Zhu raised the price target on Alibaba (NYSE: BABA) to $85.00 (from $80.00) while maintaining a Market Perform rating.
The analyst comments "Q1 a mixed bag. Alibaba group revenue of RMB243bn missed consensus by 2.6% (RMB250bn), although gross... More
Citi Reiterates Buy Rating on Alibaba (BABA) Following Earnings
August 15, 2024 7:37 AM EDTCiti analyst Alicia Yap reiterated a Buy rating and $122.00 price target on Alibaba (NYSE: BABA).
The analyst comments "Ali reported mixed FY1Q25 result with total revs of Rmb243.2bn, +4% y/y, 2.7% below our estimate of Rmb250.0bn and 2.6% below... More
Alibaba (BABA) Tops Q2 EPS by 1.44c, Misses on Revenue
August 15, 2024 6:32 AM EDTAlibaba (NYSE: BABA) reported Q2 EPS of RMB16.44, RMB1.44 better than the analyst estimate of RMB15.00. Revenue for the quarter came in at RMB243.24 billion versus the consensus estimate of RMB248.38 billion.
For earnings history and earnings-related data on Alibaba (BABA) click here.
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