Shares of Alibaba have moved -2.4% today, and are now trading at a price of $82.28. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 21,223,647 compared to the stock's average volume of 20,648,529.
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. Based in Hangzhou, China the company has 198,162 full time employees and a market cap of $196,482,990,080.
The company is now trading -32.05% away from its average analyst target price of $121.08 per share. The 40 analysts following the stock have set target prices ranging from $85.4807 to $144.54178, and on average give Alibaba a rating of buy.
Over the last 52 weeks, BABA stock has risen 8.5%, which amounts to a -15.7% difference compared to the S&P 500. The stock's 52 week high is $117.82 whereas its 52 week low is $66.63 per share. With its net margins declining an average -15.3% over the last 6 years, Alibaba may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 130,350,000 | 11,081,000 | 9 | 12.5 |
| 2022 | 126,491,000 | 10,598,000 | 8 | 14.29 |
| 2021 | 134,567,000 | 9,820,000 | 7 | -66.67 |
| 2020 | 109,480,000 | 22,983,000 | 21 | -16.0 |
| 2019 | 45,483,000 | 11,254,000 | 25 | 8.7 |
| 2018 | 56,152,000 | 13,095,000 | 23 |
