Alibaba Group (NYSE:BABA) Trading Down 3.4% – Here’s What Happened

Posted by Brenda Bartman on Jun 10th, 2026

Alibaba Group Holding Limited (NYSE:BABA – Get Free Report)’s share price fell 3.4% on Wednesday . The company traded as low as $115.37 and last traded at $115.6370. 10,747,224 shares changed hands during trading, a decline of 9% from the average session volume of 11,776,179 shares. The stock had previously closed at $119.70.

Key Alibaba Group News

Here are the key news stories impacting Alibaba Group this week:

Positive Sentiment: Alibaba is expanding its AI push by creating a new “Token Foundry” business unit and putting CEO Eddie Wu in direct control, signaling that management is prioritizing AI growth and internal execution. Alibaba CEO Takes Direct Control of New AI Business Unit
Neutral Sentiment: Citi said the recent selloff tied to China’s AI capex plans may be premature, suggesting the market may be overreacting to fears that state-backed data-center spending will hurt private cloud operators like Alibaba. Alibaba falls on China AI capex report; Citi says selloff is premature
Negative Sentiment: The U.S. Defense Department added Alibaba to its list of Chinese military-linked companies, which raises regulatory and reputational risk and could limit access to certain U.S. government contracts or procurement-related business. Pentagon expands list of China military-linked firms to include Alibaba, Baidu in fresh blow to diplomatic thaw
Negative Sentiment: Alibaba rejected the designation, but the headline is still weighing on sentiment because it reinforces geopolitical concerns around Chinese tech stocks. Alibaba Rejects U.S. Military Company Label, Sees No Business Impact

Analyst Ratings Changes

Several research analysts recently commented on the stock. JPMorgan Chase & Co. raised their price objective on shares of Alibaba Group from $200.00 to $205.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Zacks Research raised shares of Alibaba Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Mizuho raised their price objective on shares of Alibaba Group from $190.00 to $195.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Wall Street Zen raised shares of Alibaba Group from a “sell” rating to a “hold” rating in a report on Saturday, May 23rd. Finally, Morgan Stanley raised their price objective on shares of Alibaba Group from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $188.76.

Check Out Our Latest Analysis on Alibaba Group

Alibaba Group Stock Performance

The company has a market cap of $277.43 billion, a PE ratio of 18.99, a PEG ratio of 2.06 and a beta of 0.47. The business’s 50-day moving average is $130.68 and its 200 day moving average is $144.70. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.28 and a current ratio of 1.28.

Alibaba Group (NYSE:BABA – Get Free Report) last issued its earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 EPS for the quarter. The company had revenue of $35.30 billion for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. On average, equities research analysts predict that Alibaba Group Holding Limited will post 6.75 EPS for the current fiscal year.

Alibaba Group Dividend Announcement

The firm also recently announced an annual dividend, which will be paid on Monday, July 13th. Investors of record on Thursday, June 11th will be given a $1.05 dividend. This represents a yield of 72.0%. The ex-dividend date is Thursday, June 11th. Alibaba Group’s dividend payout ratio (DPR) is presently 15.60%.

Hedge Funds Weigh In On Alibaba Group

A number of large investors have recently added to or reduced their stakes in BABA. Northwestern Mutual Wealth Management Co. raised its position in 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 worth $881,554,000 after purchasing an additional 5,936,847 shares during the period. Capital World Investors grew its holdings in Alibaba Group by 1,074.9% in the 3rd quarter. Capital World Investors now owns 6,038,318 shares of the specialty retailer’s stock worth $1,079,229,000 after acquiring an additional 5,524,354 shares during the last quarter. Norges Bank bought a new stake in Alibaba Group in the 4th quarter worth $594,477,000. Artisan Partners Limited Partnership bought a new stake in Alibaba Group in the 3rd quarter worth $290,208,000. Finally, Trivest Advisors Ltd bought a new stake in Alibaba Group in the 3rd quarter worth $202,126,000. Hedge funds and other institutional investors own 13.47% of the company’s stock.

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.