What is the target price for Baba stock?
Stock Price Targets
| High | $2,171.15 |
|---|---|
| Median | $1,603.16 |
| Low | $229.00 |
| Average | $1,546.09 |
| Current Price | $156.00 |
Can Alibaba stock hit 1000?
Alibaba has considerably more challenges on hand now than in early 2019 (U.S.-China trade war), yet the share price manages to be substantially higher. Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level.
What are analysts saying about Baba?
BABA – Alibaba Group Holding Limited
| Earnings Estimate | Current Qtr. (Sep 2021) | Next Qtr. (Dec 2021) |
|---|---|---|
| No. of Analysts | 21 | 17 |
| Avg. Estimate | 1.95 | 3.12 |
| Low Estimate | 1.34 | 2.82 |
| High Estimate | 2.44 | 3.5 |
What is a fair price for Alibaba?
The 49 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 248.79, with a high estimate of 336.94 and a low estimate of 35.54. The median estimate represents a +54.00% increase from the last price of 161.56.
Why is Alibaba stock falling?
Shares of Alibaba (NYSE:BABA), the Chinese tech giant, took a dive today in a broad sell-off in Chinese stocks in response to news that Chinese real estate giant Evergrande Group could be forced into bankruptcy. Alibaba closed down 5.4% while the China MSCI ETF lost 4% and the S&P 500 pulled back 1.7%.
What is the future of Baba stock?
Stock Price Forecast The 49 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 248.79, with a high estimate of 336.94 and a low estimate of 35.54. The median estimate represents a +54.00% increase from the last price of 161.56.
Does Alibaba have debt?
Alibaba reported $150.61B in Debt for its second fiscal quarter of 2021.
Can Alibaba bounce back?
The truth is that Alibaba was never likely in any jeopardy of being broken up by the Chinese government. Many commenters and writers have continually banged the drum that BABA stock will rebound since its woes began late last year.
When did Alibaba Group last report its earnings?
Earnings Alibaba Group (NYSE:BABA) Earnings Information. Alibaba Group last issued its quarterly earnings data on May 22nd, 2020. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $8.61.
What was the EPs for Alibaba last quarter?
According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $2.55. The reported EPS for the same quarter last year was $1.7.
How are Zacks earnings reported on a bnri basis?
Zacks earnings numbers are reported on a BNRI (Before Non Recurring Items) basis and include stock option expenses where possible. New to earnings? Here’s a quick guide for how to read an earnings report. Visit the Earnings Calendar to see dates for upcoming earnings announcements.