Alibaba Group (NYSE:BABA) Trading 1.2% Higher After Analyst Upgrade

Posted by on May 2nd, 2026

Alibaba Group Holding Limited (NYSE:BABA – Get Free Report)’s stock price was up 1.2% on Thursday after BNP Paribas Exane upgraded the stock to a strong-buy rating. The stock traded as high as $132.64 and last traded at $131.9660. Approximately 7,367,968 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 11,662,329 shares. The stock had previously closed at $130.43.

Several other equities analysts have also commented on the company. Weiss Ratings lowered Alibaba Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 27th. Loop Capital set a $140.00 price target on Alibaba Group in a research report on Tuesday, January 6th. JPMorgan Chase & Co. reduced their price target on Alibaba Group from $215.00 to $205.00 and set an “overweight” rating on the stock in a research report on Friday, March 20th. Mizuho reduced their price target on Alibaba Group from $195.00 to $190.00 and set an “outperform” rating on the stock in a research report on Friday, March 20th. Finally, Zacks Research lowered Alibaba Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 22nd. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $188.75.

View Our Latest Analysis on BABA

Institutional Investors Weigh In On Alibaba Group

A number of large investors have recently made changes to their positions in the business. Capital World Investors lifted its stake in shares of Alibaba Group by 7.7% in the 4th quarter. Capital World Investors now owns 6,505,165 shares of the specialty retailer’s stock valued at $953,527,000 after purchasing an additional 466,847 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Alibaba Group by 7,680.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,014,147 shares of the specialty retailer’s stock valued at $881,554,000 after purchasing an additional 5,936,847 shares during the period. Fisher Asset Management LLC lifted its stake in shares of Alibaba Group by 0.8% in the 4th quarter. Fisher Asset Management LLC now owns 5,335,894 shares of the specialty retailer’s stock valued at $782,135,000 after purchasing an additional 42,297 shares during the period. Norges Bank purchased a new position in shares of Alibaba Group in the 4th quarter valued at approximately $594,477,000. Finally, American Century Companies Inc. lifted its stake in shares of Alibaba Group by 17.7% in the 3rd quarter. American Century Companies Inc. now owns 2,987,539 shares of the specialty retailer’s stock valued at $533,964,000 after purchasing an additional 448,484 shares during the period. 13.47% of the stock is currently owned by institutional investors.

Alibaba Group Trading Down 0.3%

The company has a market cap of $314.55 billion, a PE ratio of 24.81, a PEG ratio of 2.39 and a beta of 0.50. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.22. The stock has a 50 day moving average price of $133.05 and a 200 day moving average price of $151.35.

Alibaba Group (NYSE:BABA – Get Free Report) last released its earnings results on Saturday, February 14th. The specialty retailer reported $0.13 EPS for the quarter. The company had revenue of $40.71 billion during the quarter. Alibaba Group had a return on equity of 7.43% and a net margin of 9.12%. Sell-side analysts predict that Alibaba Group Holding Limited will post 4.33 EPS for the current fiscal year.

Alibaba Group Company Profile

(Get Free Report)

Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.

The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.

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