Analyst Expectations For Alibaba Gr Hldgs's Future
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings for Alibaba Group Holdings (NYSE:BABA), with a majority being bullish. The average 12-month price target is $105.6, slightly up from $105.20. Recent analyst actions include maintaining, raising, or lowering ratings and price targets, reflecting their views on Alibaba's market performance. Alibaba shows strong financial health with notable revenue growth, net margin, ROE, ROA, and a low debt-to-equity ratio.
October 07, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Alibaba Group Holdings (NYSE:BABA) has received mixed analyst ratings, with a majority being bullish. The average 12-month price target is $105.6, slightly up from $105.20. Analysts have maintained, raised, or lowered their ratings and price targets, reflecting their views on Alibaba's market performance. The company shows strong financial health with notable revenue growth, net margin, ROE, ROA, and a low debt-to-equity ratio.
The majority of analysts are bullish on Alibaba, with a slight increase in the average price target. The company's strong financial metrics, such as revenue growth and low debt, support a positive outlook. These factors suggest a likely short-term positive impact on Alibaba's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100