Alibaba Group (BABA) Stock Forecast, Price Target & Predictions

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BABA Stock Forecast

Alibaba Group stock forecast is as follows: an average price target of $153.02 (represents a 75.66% upside from BABA’s last price of $87.11) and a rating consensus of 'Buy', based on 32 wall street analysts offering a 1-year stock forecast.

BABA Price Target

The average price target for Alibaba Group (BABA) is $153.02 based on 1-year price targets from 32 Wall Street analysts in the past 3 months, with a price target range of $300.00 to $83.89. This represents a potential 75.66% upside from BABA's last price of $87.11.

BABA Analyst Ratings

Buy

According to 32 Wall Street analysts, Alibaba Group's rating consensus is 'Buy'. The analyst rating breakdown for BABA stock is 0 'Strong Buy' (0.00%), 18 'Buy' (56.25%), 11 'Hold' (34.38%), 3 'Sell' (9.38%), 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
Oct 24, 2024	Colin Sebastian	Robert W. Baird	$110.00	$98.00	12.24%	26.28%
Oct 14, 2024	Jiong Shao	Barclays	$137.00	$110.14	24.39%	57.27%
Oct 09, 2024	Gary Yu	Morgan Stanley	$115.00	$108.85	5.65%	32.02%
Sep 30, 2024	Alicia Yap	Citigroup	$136.00	$107.33	26.71%	56.12%
Aug 19, 2024	Shyam Patil	Susquehanna	$130.00	$83.18	56.29%	49.24%
Aug 16, 2024	Alex Yao	J.P. Morgan	$108.00	$83.72	29.00%	23.98%
Aug 16, 2024	Alicia Yap	Citigroup	$108.00	$83.72	29.00%	23.98%
Aug 16, 2024	Colin Sebastian	Robert W. Baird	$88.00	$79.54	10.64%	1.02%
Aug 15, 2024	Alicia Yap	Citigroup	$122.00	$81.35	49.97%	40.05%
Jul 08, 2024	Thomas Chong	Jefferies	$116.00	$73.28	58.29%	33.16%

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The latest Alibaba Group stock forecast, released on Oct 24, 2024 by Colin Sebastian from Robert W. Baird, set a price target of $110.00, which represents a 12.24% increase from the stock price at the time of the forecast ($98.00), and a 26.28% increase from BABA last price ($87.11).

Alibaba Group Price Target by Period

	1M	3M	12M
# Anlaysts	1	4	17
Avg Price Target	$110.00	$124.50	$109.24
Last Closing Price	$87.11	$87.11	$87.11
Upside/Downside	26.28%	42.92%	25.40%

In the current month, the average price target of Alibaba Group stock is $110.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 26.28% increase as opposed to Alibaba Group's last price of $87.11. This month's average price target is down -11.65% compared to last quarter, and up 0.70% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 14, 2024	Barclays	Overweight	Overweight	Hold
Oct 09, 2024	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
Oct 07, 2024	Loop Capital Markets	Underperform	Underperform	Hold
Oct 07, 2024	Susquehanna	Market Perform	Market Perform	Hold
Sep 30, 2024	Citigroup	Buy	Buy	Hold
Aug 23, 2024	Goldman Sachs	Buy	Buy	Hold
Aug 23, 2024	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
Aug 19, 2024	Loop Capital Markets	Underperform	Underperform	Hold
Aug 19, 2024	Susquehanna	Market Perform	Market Perform	Hold
Aug 19, 2024	Susquehanna	Positive	Positive	Hold

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Alibaba Group's last stock rating was published by Barclays on Oct 14, 2024. The company gave BABA a "Overweight" rating, the same as its previous rate.

Alibaba Group Financial Forecast

Alibaba Group Revenue Forecast

	Mar 27	Dec 26	Sep 26	Jun 26	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
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
Avg Forecast	$277.28B	$323.50B	$275.16B	$270.62B	$251.85B	$293.63B	$249.73B	$252.24B	$234.93B	$272.46B	$239.14B	$248.23B	$220.53B	$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	$107.33B	$160.35B
High Forecast	$283.61B	$330.89B	$281.45B	$276.80B	$257.60B	$300.34B	$255.43B	$258.00B	$237.09B	$273.57B	$244.60B	$253.89B	$225.56B	$267.72B	$234.35B	$229.53B	$213.58B	$249.77B	$209.16B	$203.45B	$199.74B	$246.76B	$204.27B	$209.24B	$180.44B	$213.82B	$154.51B	$147.66B	$107.33B	$160.35B
Low Forecast	$269.40B	$314.31B	$267.34B	$262.93B	$244.69B	$285.29B	$242.63B	$245.07B	$232.70B	$271.35B	$232.34B	$241.17B	$214.26B	$254.46B	$214.55B	$218.03B	$202.87B	$237.25B	$209.16B	$203.45B	$199.74B	$246.76B	$204.27B	$209.24B	$180.44B	$213.82B	$154.51B	$147.66B	$107.33B	$160.35B
# Analysts	4	5	4	5	4	4	3	4	8	8	4	2	2	4	21	10	10	13	9	9	16	10	10	19	13	10	8	8	9	12
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%	1.07%	1.01%

Alibaba Group's average Quarter revenue forecast for Jun 23 based on 10 analysts is $224.41B, with a low forecast of $218.03B, and a high forecast of $229.53B. 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 27	Dec 26	Sep 26	Jun 26	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
# Analysts	4	5	4	5	4	4	3	4	8	8	4	2	2	4	21	10	10	13	9	9	16	10	10	19	13	10	8	8	9	12
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
Avg Forecast	$62.41B	$72.82B	$61.94B	$60.91B	$56.69B	$66.09B	$56.21B	$56.78B	$52.88B	$61.33B	$53.83B	$55.87B	$49.64B	$58.45B	$50.56B	$50.51B	$47.00B	$54.96B	$45.17B	$43.94B	$24.43B	$53.29B	$44.11B	$45.19B	$6.71B	$46.18B	$33.37B	$31.89B	$5.98B	$34.63B
High Forecast	$63.84B	$74.48B	$63.35B	$62.30B	$57.98B	$67.60B	$57.49B	$58.07B	$53.37B	$61.58B	$55.06B	$57.15B	$50.77B	$60.26B	$52.75B	$51.67B	$48.07B	$56.22B	$45.17B	$43.94B	$29.32B	$53.29B	$44.11B	$45.19B	$8.05B	$46.18B	$33.37B	$31.89B	$7.18B	$34.63B
Low Forecast	$60.64B	$70.75B	$60.18B	$59.18B	$55.08B	$64.22B	$54.61B	$55.16B	$52.38B	$61.08B	$52.30B	$54.28B	$48.23B	$57.27B	$48.29B	$49.08B	$45.66B	$53.40B	$45.17B	$43.94B	$19.55B	$53.29B	$44.11B	$45.19B	$5.37B	$46.18B	$33.37B	$31.89B	$4.79B	$34.63B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.63%	1.10%	0.68%	0.76%	0.87%	1.10%	0.44%	1.11%	-0.30%	2.06%	0.84%	1.92%	2.07%	1.76%

10 analysts predict BABA's average Quarter EBITDA for Jun 23 to be $50.51B, with a high of $51.67B and a low of $49.08B. This is 71.01% upper than Alibaba Group's previous annual EBITDA (Mar 23) of $29.54B.

Alibaba Group Net Income Forecast

	Mar 27	Dec 26	Sep 26	Jun 26	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
# Analysts	4	5	4	5	4	4	3	4	8	8	4	2	2	4	21	10	10	13	9	9	16	10	10	19	13	10	8	8	9	12
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
Avg Forecast	$44.26B	$61.71B	$49.08B	$50.33B	$36.67B	$55.71B	$41.85B	$42.51B	$29.91B	$46.71B	$36.26B	$36.72B	$-148.42B	$46.72B	$37.24B	$35.69B	$-128.29B	$148.25B	$29.44B	$26.20B	$-14.75B	$39.10B	$29.07B	$35.11B	$-5.75B	$50.62B	$33.78B	$33.76B	$1.74B	$39.12B
High Forecast	$45.57B	$63.54B	$50.54B	$51.82B	$37.76B	$57.37B	$43.09B	$43.77B	$31.26B	$48.09B	$37.34B	$36.95B	$-118.74B	$48.43B	$41.45B	$36.75B	$-102.63B	$177.91B	$29.44B	$26.20B	$-11.80B	$39.10B	$29.07B	$35.11B	$-4.60B	$50.62B	$33.78B	$33.76B	$2.09B	$39.12B
Low Forecast	$42.62B	$59.43B	$47.27B	$48.47B	$35.32B	$53.65B	$40.30B	$40.94B	$28.39B	$46.56B	$34.92B	$36.49B	$-178.11B	$43.47B	$30.04B	$34.37B	$-153.94B	$118.60B	$29.44B	$26.20B	$-17.70B	$39.10B	$29.07B	$35.11B	$-6.90B	$50.62B	$33.78B	$33.76B	$1.39B	$39.12B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.18%	0.32%	-0.62%	0.86%	1.47%	0.51%	0.19%	1.28%	0.93%	1.57%	0.85%	1.41%	1.85%	1.33%

Alibaba Group's average Quarter net income forecast for Jun 23 is $35.69B, with a range of $34.37B to $36.75B. BABA's average Quarter net income forecast represents a 50.93% increase compared to the company's last Quarter net income of $23.64B (Mar 23).

Alibaba Group SG&A Forecast

	Mar 27	Dec 26	Sep 26	Jun 26	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
# Analysts	4	5	4	5	4	4	3	4	8	8	4	2	2	4	21	10	10	13	9	9	16	10	10	19	13	10	8	8	9	12
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
Avg Forecast	$47.57B	$55.50B	$47.21B	$46.43B	$43.21B	$50.38B	$42.85B	$43.28B	$40.31B	$46.75B	$41.03B	$42.59B	$37.84B	$44.56B	$38.54B	$38.50B	$35.83B	$41.90B	$35.89B	$34.91B	$31.69B	$42.34B	$35.05B	$35.90B	$56.69B	$36.69B	$26.51B	$25.33B	$10.85B	$27.51B
High Forecast	$48.66B	$56.77B	$48.29B	$47.49B	$44.20B	$51.53B	$43.83B	$44.27B	$40.68B	$46.94B	$41.97B	$43.56B	$38.70B	$45.93B	$40.21B	$39.38B	$36.64B	$42.85B	$35.89B	$34.91B	$38.02B	$42.34B	$35.05B	$35.90B	$68.03B	$36.69B	$26.51B	$25.33B	$13.02B	$27.51B
Low Forecast	$46.22B	$53.93B	$45.87B	$45.11B	$41.98B	$48.95B	$41.63B	$42.05B	$39.93B	$46.56B	$39.86B	$41.38B	$36.76B	$43.66B	$36.81B	$37.41B	$34.81B	$40.71B	$35.89B	$34.91B	$25.35B	$42.34B	$35.05B	$35.90B	$45.35B	$36.69B	$26.51B	$25.33B	$8.68B	$27.51B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.05%	0.98%	0.92%	0.97%	1.09%	1.07%	1.08%	0.95%	0.93%	0.93%	1.11%	0.81%	1.85%	0.84%

Alibaba Group's average Quarter SG&A projection for Jun 23 is $38.50B, based on 10 Wall Street analysts, with a range of $37.41B to $39.38B. The forecast indicates a 1.96% rise compared to BABA last annual SG&A of $37.76B (Mar 23).

Alibaba Group EPS Forecast

	Mar 27	Dec 26	Sep 26	Jun 26	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
# Analysts	4	5	4	5	4	4	3	4	8	8	4	2	2	4	21	10	10	13	9	9	16	10	10	19	13	10	8	8	9	12
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
Avg Forecast	$18.07	$25.19	$20.04	$20.55	$14.97	$22.75	$17.09	$17.36	$12.21	$19.07	$14.80	$14.99	$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	$15.97
High Forecast	$18.60	$25.94	$20.63	$21.16	$15.42	$23.42	$17.59	$17.87	$12.76	$19.63	$15.24	$15.08	$10.84	$19.77	$16.92	$15.00	$9.64	$17.16	$12.02	$10.70	$7.11	$15.96	$11.87	$14.33	$11.18	$20.67	$13.79	$13.78	$6.05	$15.97
Low Forecast	$17.40	$24.26	$19.30	$19.79	$14.42	$21.91	$16.45	$16.71	$11.59	$19.01	$14.26	$14.90	$9.71	$17.75	$12.26	$14.03	$9.26	$16.05	$12.02	$10.70	$7.11	$15.96	$11.87	$14.33	$11.18	$20.67	$13.79	$13.78	$6.05	$15.97
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%	1.24%

According to 10 Wall Street analysts, Alibaba Group's projected average Quarter EPS for Jun 23 is $14.57, with a low estimate of $14.03 and a high estimate of $15.00. 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
JMIA	Jumia	$3.72	$9.00	141.94%	Buy
ETSY	Etsy	$50.41	$101.26	100.87%	Hold
JD	JD	$35.19	$69.13	96.45%	Buy
BABA	Alibaba Group	$87.11	$153.02	75.66%	Buy
SE	Sea	$113.68	$159.73	40.51%	Buy
PDD	PDD	$117.68	$159.20	35.28%	Buy
VIPS	Vipshop	$13.26	$16.17	21.95%	Hold
GLBE	Global-e Online	$42.74	$51.88	21.39%	Buy
MELI	MercadoLibre	$1.92K	$1.99K	3.57%	Buy

BABA Forecast FAQ

Is Alibaba Group a good buy?

Yes, according to 32 Wall Street analysts, Alibaba Group (BABA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 18 'Buy' recommendations, accounting for 56.25% of BABA's total ratings.

What is BABA's price target?

Alibaba Group (BABA) average price target is $153.02 with a range of $83.89 to $300, implying a 75.66% from its last price of $87.11. The data is based on 32 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 75.66% (from the last price of $87.11 to the average price target of $153.02), up by 244.39% based on the highest stock price target, and down by -3.70% based on the lowest stock price target.

Can Alibaba Group stock reach $130?

BABA's average twelve months analyst stock price target of $153.02 supports the claim that Alibaba Group can reach $130 in the near future.

What is Alibaba Group's current price target trend?

1 Wall Street analyst forecast a $110 price target for Alibaba Group (BABA) this month, up 26.28% from its last price of $87.11. Compared to the last 3 and 12 months, the average price target increased by 42.92% and increased by 25.40%, respectively.

What are Alibaba Group's analysts' financial forecasts?

Alibaba Group's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $1.05T (high $1.07T, low $1.02T), average EBITDA is $235.77B (high $241.15B, low $229.07B), average net income is $176.75B (high $182B, low $170.22B), average SG&A $179.72B (high $183.82B, low $174.61B), and average EPS is $72.16 (high $74.3, low $69.49). BABA's analysts financial forecasts for the fiscal year (Mar 2027) are as follows: average revenue is $1.15T (high $1.17T, low $1.11T), average EBITDA is $258.08B (high $263.97B, low $250.74B), average net income is $205.37B (high $211.47B, low $197.79B), average SG&A $196.72B (high $201.21B, low $191.13B), and average EPS is $83.85 (high $86.34, low $80.75).

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 $191.07B by -35.94%. The company's net income was $72.78B, missing the average estimation of $75.61B by -3.73%. Apple's SG&A was $145.68B, missing the average forecast of $148.52B by -1.91%. 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 $47B by -37.15%. Alibaba Group's net income was $23.64B, missing the average estimation of $-128B by -118.43%. The company's SG&A was $37.76B, beating the average forecast of $35.83B by 5.41%. Lastly, the company's EPS was $9.12, missing the average prediction of $9.45 by -3.47%