Is BABA a good stock?

Is BABA a good stock?

Alibaba stock is a strong buy The consensus around BABA stock is currently a “strong buy” – that’s based on 22 analysts over the past 3 months who have offered ratings for Alibaba looking forward over the next 12 months. Alibaba stock’s average price target is $203, which suggests a 67% upside, as of last check.

What is the future of BABA stock?

For its current fiscal year 2022, Alibaba is expected to earn $7.79 a share, down 22% compared to 2021. But growth is expected to ramp up in 2023, up 10% to $8.59.

Is Alibaba a Buy sell or Hold?

Alibaba Group has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 21 buy ratings, 3 hold ratings, and 3 sell ratings.

Is Baba a buy or sell?

Of the 27 ratings, 21 recommend BABA stock as a buy, compared with three hold and three sell recommendations.

Is BABA a buy or sell?

What is the target price for Alibaba?

Stock Price Targets

Is Baba stock a good investment?

While both TCEHY and BABA can be considered good long-term investments based on their market dominance and diversified business, TCEHY appears to be a better buy despite trading at a significantly higher valuation based on its higher earnings growth potential and higher profitability.

Should you buy Baba stock?

BABA’s full-year Zacks Consensus Estimates are calling for earnings of $8.27 per share and revenue of $134.18 billion. These results would represent year-over-year changes of -16.8% and +25.3%, respectively. Investors should you get into the right

Who is buying Baba?

Retail marketplaces

Should I Sell Baba stock?

Alibaba has created a new unit to focus on Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough