Shares of Consumer Discretionary sector company Alibaba moved 5.7% today, and are now trading at a price of $143.75. The Large-Cap stock's daily volume was 72,105,034 compared to its average volume of 23,046,605. The S&P 500 index returned a -2.0% performance.
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. The company is based in Hangzhou and has 204,891 full time employees. Its market capitalization is $341,542,830,080.
39 analysts are following Alibaba and have set target prices ranging from $86.023094 to $190.55493 per share. On average, they have given the company a rating of buy. At today's prices, BABA is trading -3.11% away from its average analyst target price of $148.37 per share.
Over the last year, BABA's share price has increased by 87.9%, which represents a difference of 69.3% when compared to the S&P 500. The stock's 52 week high is $145.3 per share whereas its 52 week low is $68.36. With average free cash flows of $25.68 Billion that have been growing at an average rate of 7.4% over the last 5 years, Alibaba is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 25,289,000 | nan | 25,289,000 | -23.67 |
| 2022 | 29,086,000 | 4,047,000 | 33,133,000 | 23.14 |
| 2021 | 22,520,000 | 4,386,000 | 26,906,000 | -31.72 |
| 2020 | 35,378,000 | 4,028,000 | 39,406,000 | 238.05 |
| 2019 | 15,376,000 | 3,719,000 | 11,657,000 | -34.06 |
| 2018 | 22,496,000 | 4,818,000 | 17,678,000 |
