Alibaba Group (BABA) Stock Forecast, Price Target & Predictions
BABA Stock Forecast
Alibaba Group stock forecast is as follows: an average price target of $165.22 (represents a 107.80% upside from BABA’s last price of $79.51) and a rating consensus of 'Buy', based on 27 wall street analysts offering a 1-year stock forecast.
BABA Price Target
The average price target for Alibaba Group (BABA) is $165.22 based on 1-year price targets from 27 Wall Street analysts in the past 3 months, with a price target range of $300.00 to $83.89. This represents a potential 107.80% upside from BABA's last price of $79.51.
BABA Analyst Ratings
According to 27 Wall Street analysts, Alibaba Group's rating consensus is 'Buy'. The analyst rating breakdown for BABA stock is 0 'Strong Buy' (0.00%), 19 'Buy' (70.37%), 8 'Hold' (29.63%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Alibaba Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 03, 2024 | Gary Yu | Morgan Stanley | $85.00 | $72.88 | 16.63% | 6.90% |
| Mar 27, 2024 | James Lee | Mizuho Securities | $95.00 | $71.48 | 32.90% | 19.48% |
| Feb 08, 2024 | Ronald Keung | Goldman Sachs | $105.00 | $70.78 | 48.35% | 32.06% |
| Feb 08, 2024 | Colin Sebastian | Robert W. Baird | $85.00 | $70.78 | 20.09% | 6.90% |
| Aug 11, 2023 | Robin Zhu | Bernstein | $100.00 | $95.72 | 4.47% | 25.77% |
| Aug 11, 2023 | Colin Sebastian | Robert W. Baird | $142.00 | $99.21 | 43.13% | 78.59% |
| Aug 09, 2023 | James Lee | Mizuho Securities | $145.00 | $94.92 | 52.76% | 82.37% |
| May 23, 2023 | Shyam Patil | Susquehanna | $160.00 | $83.07 | 92.61% | 101.23% |
| May 19, 2023 | Carson Lo | HSBC | $83.89 | $85.77 | -2.19% | 5.51% |
| May 15, 2023 | Youssef Squali | Truist Financial | $130.00 | $88.34 | 47.16% | 63.50% |
The latest Alibaba Group stock forecast, released on Apr 03, 2024 by Gary Yu from Morgan Stanley, set a price target of $85.00, which represents a 16.63% increase from the stock price at the time of the forecast ($72.88), and a 6.90% increase from BABA last price ($79.51).
Alibaba Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 10 |
| Avg Price Target | - | $90.00 | $113.09 |
| Last Closing Price | $79.51 | $79.51 | $79.51 |
| Upside/Downside | -100.00% | 13.19% | 42.23% |
In the current month, the average price target of Alibaba Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Alibaba Group's last price of $79.51. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 09, 2024 | Citigroup | Buy | Buy | Hold |
| Apr 09, 2024 | Susquehanna | Buy | Buy | Hold |
| Mar 26, 2024 | Jefferies | Buy | Buy | Hold |
| Feb 08, 2024 | Susquehanna | Positive | Positive | Hold |
| Feb 08, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Feb 08, 2024 | Benchmark | Buy | Buy | Hold |
| Feb 08, 2024 | Mizuho Securities | Underperform | Underperform | Hold |
| Feb 08, 2024 | Susquehanna | Buy | Buy | Hold |
| Jan 12, 2024 | UBS | Buy | Buy | Hold |
| Jan 12, 2024 | Truist Financial | Underperform | Underperform | Hold |
Alibaba Group's last stock rating was published by Citigroup on Apr 09, 2024. The company gave BABA a "Buy" rating, the same as its previous rate.
Alibaba Group Financial Forecast
Alibaba Group Revenue Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $208.20B | $247.76B | $207.18B | $205.56B | $204.05B | $242.58B | $200.69B | $205.74B | $187.40B | $221.08B | $155.06B | $153.75B | $114.31B | $161.46B | $119.02B | $114.92B | $93.50B | $117.28B |
| Avg Forecast | $248.27B | $296.00B | $255.50B | $257.28B | $233.71B | $276.89B | $237.99B | $248.10B | $220.50B | $259.69B | $224.61B | $224.41B | $208.81B | $244.19B | $209.16B | $203.45B | $199.74B | $246.76B | $204.27B | $209.24B | $180.44B | $213.82B | $154.51B | $147.66B | $107.38B | $157.99B | $117.12B | $111.84B | $91.58B | $108.52B |
| High Forecast | $250.86B | $299.09B | $258.16B | $259.97B | $236.15B | $279.78B | $240.47B | $249.82B | $221.65B | $267.72B | $230.84B | $226.75B | $210.99B | $246.74B | $211.34B | $205.57B | $202.35B | $249.98B | $206.93B | $211.97B | $182.79B | $216.61B | $156.52B | $149.58B | $108.78B | $160.05B | $118.64B | $113.30B | $92.77B | $130.23B |
| Low Forecast | $245.42B | $292.61B | $252.57B | $254.34B | $231.04B | $273.72B | $235.26B | $246.37B | $218.91B | $254.46B | $221.85B | $221.84B | $206.42B | $241.40B | $206.77B | $201.12B | $196.97B | $243.33B | $201.43B | $206.33B | $177.93B | $210.85B | $152.36B | $145.61B | $105.89B | $155.80B | $115.49B | $110.29B | $90.31B | $86.82B |
| # Analysts | 5 | 2 | 2 | 2 | 2 | 3 | 3 | 6 | 13 | 11 | 12 | 10 | 11 | 6 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 6 | 5 | 10 | 8 | 4 | 4 | 8 | 6 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 0.99% | 1.01% | 1.02% | 0.98% | 0.98% | 0.98% | 1.04% | 1.03% | 1.00% | 1.04% | 1.06% | 1.02% | 1.02% | 1.03% | 1.02% | 1.08% |
Alibaba Group's average Quarter revenue forecast for Jun 23 based on 10 analysts is $224.41B, with a low forecast of $221.84B, and a high forecast of $226.75B. BABA's average Quarter revenue forecast represents a 7.79% increase compared to the company's last Quarter revenue of $208.20B (Mar 23).
Alibaba Group EBITDA Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 2 | 2 | 2 | 2 | 3 | 3 | 6 | 13 | 11 | 12 | 10 | 11 | 6 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 6 | 5 | 10 | 8 | 4 | 4 | 8 | 6 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $29.54B | $60.25B | $30.81B | $33.17B | $21.17B | $58.49B | $19.57B | $50.18B | $-2.02B | $95.04B | $28.18B | $61.29B | $12.36B | $60.95B | $90.47B | $29.73B | $32.08B | $41.55B |
| Avg Forecast | $59.31B | $70.71B | $61.04B | $61.46B | $55.83B | $66.15B | $56.85B | $59.27B | $34.00B | $39.53B | $35.99B | $53.70B | $30.91B | $35.93B | $32.72B | $48.82B | $24.43B | $32.67B | $29.74B | $44.38B | $6.71B | $87.82B | $25.17B | $57.95B | $5.98B | $55.02B | $61.42B | $25.42B | $24.65B | $39.39B |
| High Forecast | $59.93B | $71.45B | $61.67B | $62.10B | $56.41B | $66.84B | $57.45B | $59.68B | $40.80B | $47.43B | $43.18B | $64.44B | $37.09B | $43.12B | $39.26B | $58.58B | $29.32B | $39.20B | $35.69B | $53.26B | $8.05B | $105.39B | $30.20B | $69.54B | $7.18B | $66.02B | $73.70B | $30.50B | $29.59B | $47.27B |
| Low Forecast | $58.63B | $69.90B | $60.34B | $60.76B | $55.19B | $65.39B | $56.20B | $58.86B | $27.20B | $31.62B | $28.79B | $42.96B | $24.73B | $28.75B | $26.17B | $39.06B | $19.55B | $26.13B | $23.79B | $35.51B | $5.37B | $70.26B | $20.13B | $46.36B | $4.79B | $44.02B | $49.14B | $20.33B | $19.72B | $31.51B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.68% | 0.94% | 0.68% | 0.87% | 1.79% | 0.66% | 1.13% | -0.30% | 1.08% | 1.12% | 1.06% | 2.07% | 1.11% | 1.47% | 1.17% | 1.30% | 1.05% |
10 analysts predict BABA's average Quarter EBITDA for Jun 23 to be $53.70B, with a high of $64.44B and a low of $42.96B. This is 81.81% upper than Alibaba Group's previous annual EBITDA (Mar 23) of $29.54B.
Alibaba Group Net Income Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 2 | 2 | 2 | 2 | 3 | 3 | 6 | 13 | 11 | 12 | 10 | 11 | 6 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 6 | 5 | 10 | 8 | 4 | 4 | 8 | 6 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $23.64B | $46.91B | $-18.33B | $22.66B | $-21.64B | $19.77B | $5.49B | $45.07B | $-5.37B | $79.53B | $28.88B | $47.53B | $3.22B | $52.17B | $72.59B | $21.45B | $25.91B | $33.12B |
| Avg Forecast | $33.65B | $49.90B | $40.90B | $42.77B | $28.88B | $47.53B | $35.37B | $38.87B | $-20.53B | $23.80B | $7.26B | $41.37B | $-18.66B | $21.64B | $6.60B | $37.61B | $-14.75B | $19.67B | $6.00B | $34.19B | $-5.75B | $75.11B | $20.90B | $43.91B | $1.74B | $44.05B | $55.89B | $16.74B | $18.02B | $30.45B |
| High Forecast | $34.11B | $50.58B | $41.45B | $43.35B | $29.27B | $48.17B | $35.85B | $41.79B | $-16.42B | $28.56B | $8.71B | $49.64B | $-14.93B | $25.96B | $7.92B | $45.13B | $-11.80B | $23.60B | $7.20B | $41.03B | $-4.60B | $90.14B | $25.08B | $52.69B | $2.09B | $52.86B | $67.07B | $20.08B | $21.63B | $36.54B |
| Low Forecast | $33.15B | $49.16B | $40.29B | $42.13B | $28.45B | $46.82B | $34.84B | $35.37B | $-24.63B | $19.04B | $5.81B | $33.10B | $-22.39B | $17.31B | $5.28B | $30.09B | $-17.70B | $15.74B | $4.80B | $27.35B | $-6.90B | $60.09B | $16.72B | $35.13B | $1.39B | $35.24B | $44.71B | $13.39B | $14.42B | $24.36B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.27% | 2.17% | -2.78% | 0.60% | 1.47% | 1.01% | 0.91% | 1.32% | 0.93% | 1.06% | 1.38% | 1.08% | 1.85% | 1.18% | 1.30% | 1.28% | 1.44% | 1.09% |
Alibaba Group's average Quarter net income forecast for Jun 23 is $41.37B, with a range of $33.10B to $49.64B. BABA's average Quarter net income forecast represents a 74.97% increase compared to the company's last Quarter net income of $23.64B (Mar 23).
Alibaba Group SG&A Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 2 | 2 | 2 | 2 | 3 | 3 | 6 | 13 | 11 | 12 | 10 | 11 | 6 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 6 | 5 | 10 | 8 | 4 | 4 | 8 | 6 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $37.76B | $40.95B | $32.95B | $34.01B | $34.62B | $45.17B | $37.73B | $34.20B | $52.89B | $34.03B | $29.33B | $20.49B | $20.05B | $23.21B | $18.59B | $17.02B | $17.26B | $17.96B |
| Avg Forecast | $42.83B | $51.06B | $44.08B | $44.38B | $40.32B | $47.77B | $41.05B | $42.80B | $44.09B | $52.33B | $49.91B | $31.40B | $40.08B | $47.57B | $45.37B | $28.54B | $31.69B | $43.24B | $41.25B | $25.95B | $56.69B | $32.14B | $21.23B | $18.93B | $10.85B | $19.60B | $14.31B | $13.28B | $12.01B | $16.51B |
| High Forecast | $43.27B | $51.59B | $44.54B | $44.85B | $40.74B | $48.26B | $41.48B | $43.10B | $52.91B | $62.79B | $59.89B | $37.68B | $48.10B | $57.08B | $54.45B | $34.25B | $38.02B | $51.89B | $49.50B | $31.14B | $68.03B | $38.57B | $25.47B | $22.71B | $13.02B | $23.52B | $17.17B | $15.94B | $14.41B | $19.81B |
| Low Forecast | $42.34B | $50.48B | $43.57B | $43.88B | $39.86B | $47.22B | $40.58B | $42.50B | $35.27B | $41.86B | $39.93B | $25.12B | $32.07B | $38.06B | $36.30B | $22.83B | $25.35B | $34.60B | $33.00B | $20.76B | $45.35B | $25.71B | $16.98B | $15.14B | $8.68B | $15.68B | $11.45B | $10.62B | $9.61B | $13.21B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.86% | 0.73% | 1.19% | 1.09% | 1.04% | 0.91% | 1.32% | 0.93% | 1.06% | 1.38% | 1.08% | 1.85% | 1.18% | 1.30% | 1.28% | 1.44% | 1.09% |
Alibaba Group's average Quarter SG&A projection for Jun 23 is $31.40B, based on 10 Wall Street analysts, with a range of $25.12B to $37.68B. The forecast indicates a -16.86% fall compared to BABA last annual SG&A of $37.76B (Mar 23).
Alibaba Group EPS Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 2 | 2 | 2 | 2 | 3 | 3 | 6 | 13 | 11 | 12 | 10 | 11 | 6 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 6 | 5 | 10 | 8 | 4 | 4 | 8 | 6 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $9.12 | $18.00 | $-6.93 | $8.56 | $-8.09 | $7.35 | $2.00 | $16.64 | $-2.00 | $29.36 | $10.64 | $17.68 | $1.20 | $19.84 | $27.92 | $8.16 | $10.02 | $12.80 |
| Avg Forecast | $13.25 | $19.65 | $16.10 | $16.84 | $11.37 | $18.71 | $13.92 | $15.30 | $10.28 | $19.07 | $15.20 | $14.57 | $9.45 | $16.67 | $12.02 | $10.70 | $7.11 | $15.96 | $11.87 | $14.33 | $11.18 | $20.67 | $13.79 | $13.78 | $6.05 | $15.74 | $10.76 | $10.30 | $6.57 | $67.90 |
| High Forecast | $13.43 | $19.91 | $16.32 | $17.07 | $11.52 | $18.97 | $14.11 | $16.45 | $10.94 | $19.77 | $15.93 | $14.77 | $9.58 | $16.89 | $12.18 | $10.84 | $7.23 | $16.23 | $12.07 | $14.58 | $11.37 | $21.02 | $14.02 | $14.02 | $6.15 | $16.00 | $10.95 | $10.48 | $6.68 | $81.46 |
| Low Forecast | $13.05 | $19.35 | $15.86 | $16.59 | $11.20 | $18.43 | $13.72 | $13.93 | $9.28 | $17.75 | $14.70 | $14.35 | $9.31 | $16.42 | $11.84 | $10.54 | $6.98 | $15.68 | $11.65 | $14.08 | $10.98 | $20.29 | $13.54 | $13.54 | $5.94 | $15.45 | $10.57 | $10.12 | $6.45 | $54.35 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.08% | -0.58% | 0.80% | -1.14% | 0.46% | 0.17% | 1.16% | -0.18% | 1.42% | 0.77% | 1.28% | 0.20% | 1.26% | 2.59% | 0.79% | 1.53% | 0.19% |
According to 10 Wall Street analysts, Alibaba Group's projected average Quarter EPS for Jun 23 is $14.57, with a low estimate of $14.35 and a high estimate of $14.77. This represents a 59.75% increase compared to BABA previous annual EPS of $9.12 (Mar 23).
Alibaba Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| JD | JD | $33.35 | $87.15 | 161.32% | Buy |
| SE | Sea | $66.26 | $169.51 | 155.83% | Buy |
| BABA | Alibaba Group | $79.51 | $165.22 | 107.80% | Buy |
| ETSY | Etsy | $63.57 | $120.65 | 89.79% | Buy |
| GLBE | Global-e Online | $29.81 | $53.40 | 79.13% | Buy |
| JMIA | Jumia | $6.07 | $9.00 | 48.27% | - |
| VIPS | Vipshop | $16.40 | $16.07 | -2.01% | Buy |
| MELI | MercadoLibre | $1.68K | $1.60K | -4.86% | Buy |
| PDD | PDD | $138.69 | $131.63 | -5.09% | Buy |
BABA Forecast FAQ
Is Alibaba Group a good buy?
Yes, according to 27 Wall Street analysts, Alibaba Group (BABA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 19 'Buy' recommendations, accounting for 70.37% of BABA's total ratings.
What is BABA's price target?
Alibaba Group (BABA) average price target is $165.22 with a range of $83.89 to $300, implying a 107.80% from its last price of $79.51. The data is based on 27 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Alibaba Group stock go up soon?
According to Wall Street analysts' prediction for BABA stock, the company can go up by 107.80% (from the last price of $79.51 to the average price target of $165.22), up by 277.31% based on the highest stock price target, and up by 5.51% based on the lowest stock price target.
Can Alibaba Group stock reach $120?
BABA's average twelve months analyst stock price target of $165.22 supports the claim that Alibaba Group can reach $120 in the near future.
What are Alibaba Group's analysts' financial forecasts?
Alibaba Group's analysts financial forecasts for the fiscal year (Mar 2025) are as follows: average revenue is $996.69B (high $1.01T, low $986.39B), average EBITDA is $238.1B (high $240.38B, low $235.64B), average net income is $150.65B (high $155.08B, low $145.49B), average SG&A $171.94B (high $173.58B, low $170.16B), and average EPS is $59.31 (high $61.05, low $57.28). BABA's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $1.06T (high $1.07T, low $1.04T), average EBITDA is $252.52B (high $255.15B, low $249.63B), average net income is $167.22B (high $169.49B, low $164.73B), average SG&A $182.35B (high $184.25B, low $180.26B), and average EPS is $65.83 (high $66.73, low $64.85).
Did the BABA's actual financial results beat the analysts' financial forecasts?
Based on Alibaba Group's last annual report (Mar 2023), the company's revenue was $868.69B, beating the average analysts forecast of $865.61B by 0.36%. Apple's EBITDA was $122.39B, missing the average prediction of $148.38B by -17.51%. The company's net income was $72.78B, beating the average estimation of $47.18B by 54.26%. Apple's SG&A was $145.68B, missing the average forecast of $161.57B by -9.84%. Lastly, the company's EPS was $27.65, missing the average prediction of $48.83 by -43.38%. In terms of the last quarterly report (Mar 2023), Alibaba Group's revenue was $208.2B, missing the average analysts' forecast of $208.81B by -0.29%. The company's EBITDA was $29.54B, missing the average prediction of $30.91B by -4.43%. Alibaba Group's net income was $23.64B, missing the average estimation of $-18.662B by -226.69%. The company's SG&A was $37.76B, missing the average forecast of $40.08B by -5.79%. Lastly, the company's EPS was $9.12, missing the average prediction of $9.45 by -3.47%