Alibaba (BABA)
(Delayed Data from NYSE)
$68.88 USD
+0.06 (0.09%)
Updated Apr 18, 2024 04:01 PM ET
After-Market: $69.00 +0.12 (0.17%) 7:58 PM ET
4-Sell of 5 4
A Value C Growth C Momentum A VGM
Alibaba (BABA) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$108.32 | $135.00 | $85.00 | 57.40% |
Price Target
Based on short-term price targets offered by 17 analysts, the average price target for Alibaba comes to $108.32. The forecasts range from a low of $85.00 to a high of $135.00. The average price target represents an increase of 57.4% from the last closing price of $68.82.
Analyst Price Targets (17)
Broker Rating
Alibaba currently has an average brokerage recommendation (ABR) of 1.38 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 16 brokerage firms. The current ABR compares to an ABR of 1.38 a month ago based on 16 recommendations.
Of the 16 recommendations deriving the current ABR, 13 are Strong Buy, representing 81.25% of all recommendations. A month ago, Strong Buy represented 81.25%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 13 | 13 | 13 | 13 | 13 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 3 | 3 | 3 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.38 | 1.38 | 1.38 | 1.38 | 1.27 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
4/10/2024 | The Benchmark Company | Fawne Jiang | Strong Buy | Strong Buy |
3/27/2024 | Mizuho SecuritiesUSA | James Lee | Strong Buy | Strong Buy |
3/15/2024 | Loop Capital Markets | Robert Sanderson | Strong Buy | Strong Buy |
2/8/2024 | Susquehanna Financial Group | Shyam V Patil | Strong Buy | Strong Buy |
2/8/2024 | Macquarie Capital Securities | Michael S Huang | Not Available | Hold |
2/7/2024 | Truist Securities | Youssef Squali | Strong Buy | Strong Buy |
1/19/2024 | Robert W. Baird & Co. | Colin A Sebastian | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.38 |
ABR (Last week) | 1.38 |
# of Recs in ABR | 16 |
Average Target Price | $108.32 |
LT Growth Rate | NA |
Industry | Internet - Commerce |
Industry Rank by ABR | 36 of 252 |
Current Quarter EPS Est: | 1.20 |