10 Analysts Have This To Say About Alibaba Gr Holding
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on Alibaba Gr Holding (NYSE:BABA), with recent evaluations showing a shift towards a more cautious stance. The average 12-month price target has been lowered to $100.44 from $116.12, indicating a 13.5% decline. Key analysts from firms like Morgan Stanley, Mizuho, and Goldman Sachs have adjusted their ratings and price targets, reflecting changes in market conditions and Alibaba's performance. Despite a positive revenue growth rate of 5.08% as of December 31, 2023, Alibaba's growth lags behind its industry peers. However, the company demonstrates strong profitability and financial health, with impressive net margin, ROE, and ROA figures.
April 09, 2024 | 2:01 pm
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NEUTRAL IMPACT
Alibaba Gr Holding has received mixed analyst ratings with a lowered average 12-month price target of $100.44, reflecting a cautious market outlook. Despite this, Alibaba's strong profitability metrics and positive revenue growth indicate a robust financial standing.
The mixed analyst ratings and lowered price target suggest a cautious but not pessimistic outlook for Alibaba. The company's strong financial metrics, such as high net margin, ROE, and ROA, alongside a positive revenue growth, although lagging behind industry peers, indicate a solid foundation that could buffer against short-term market sentiment shifts. The overall neutral score reflects the balance between cautious analyst outlooks and Alibaba's underlying financial health.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100