Alibaba Group (NYSE:BABA) Stock Price Up 5.3% – Time to Buy?

Posted by Brenda Bartman on Aug 2nd, 2026

Shares of Alibaba Group Holding Limited (NYSE:BABA – Get Free Report) were up 5.3% during mid-day trading on Friday . The stock traded as high as $122.59 and last traded at $122.4350. 16,949,459 shares changed hands during trading, an increase of 41% from the average daily volume of 12,061,191 shares. The stock had previously closed at $116.32.

Alibaba Group News Summary

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

Positive Sentiment: Moonshot reportedly built its Kimi AI models with access to a large Nvidia-chip cluster leased through Alibaba. The arrangement could support Alibaba Cloud revenue growth, improve data-center utilization and reinforce the company’s position as a leading Chinese AI-computing provider. Moonshot has Nvidia chip cluster from Alibaba computing deal
Positive Sentiment: The Moonshot news boosted optimism that Alibaba’s AI spending can translate into commercial cloud demand, while broader strength in technology stocks provided a favorable backdrop for BABA. Alibaba’s AI Bet Is Powering a Rival
Positive Sentiment: Erste Group Bank raised its Alibaba EPS forecasts to $5.84 for fiscal 2027 and $8.46 for fiscal 2028, up from previous estimates. The revisions signal improving expectations for Alibaba’s longer-term earnings power. Erste Group Bank raises Alibaba earnings estimates
Neutral Sentiment: Alibaba’s AI customer is also an AI competitor, creating a trade-off: cloud usage generates revenue, but Moonshot and other customers could develop competing services that challenge Alibaba’s own AI offerings. Alibaba’s Biggest AI Customer Is Also Its Rival
Negative Sentiment: Rosen Law Firm and Pomerantz separately announced investigations into potential securities claims involving allegedly misleading company information. These announcements do not establish wrongdoing, but they add legal and reputational risk for shareholders. Rosen Law Firm Alibaba investigation

Analysts Set New Price Targets

Several analysts recently weighed in on BABA shares. Morgan Stanley boosted their price objective on shares of Alibaba Group from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Nomura lowered their target price on Alibaba Group from $207.00 to $178.00 and set a “buy” rating for the company in a research report on Thursday, June 25th. Barclays raised their target price on Alibaba Group from $186.00 to $195.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. JPMorgan Chase & Co. upped their price target on Alibaba Group from $200.00 to $205.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Alibaba Group in a research note on Wednesday, May 27th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $186.90.

View Our Latest Stock Report on BABA

Alibaba Group Stock Performance

The stock’s 50 day moving average price is $112.84 and its 200 day moving average price is $132.85. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.28 and a current ratio of 1.28. The company has a market capitalization of $293.48 billion, a P/E ratio of 20.10, a price-to-earnings-growth ratio of 2.24 and a beta of 0.51.

Alibaba Group (NYSE:BABA – Get Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. The company had revenue of $35.30 billion during the quarter. As a group, equities analysts expect that Alibaba Group Holding Limited will post 6.31 EPS for the current year.

Alibaba Group Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Monday, July 13th. Shareholders of record on Thursday, June 11th were issued a dividend of $1.05 per share. This represents a yield of 93.0%. The ex-dividend date was Thursday, June 11th. Alibaba Group’s dividend payout ratio (DPR) is presently 16.91%.

Insider Transactions at Alibaba Group

In related news, CEO Fan (Fj) Jiang sold 13,579 shares of the company’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $12.10, for a total transaction of $164,305.90. Following the sale, the chief executive officer owned 556,617 shares in the company, valued at $6,735,065.70. This represents a 2.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Siying Yu sold 6,772 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $12.10, for a total value of $81,941.20. Following the sale, the general counsel directly owned 607,234 shares of the company’s stock, valued at $7,347,531.40. This represents a 1.10% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 920,303 shares of company stock worth $70,796,370. Corporate insiders own 12.50% of the company’s stock.

Hedge Funds Weigh In On Alibaba Group

A number of institutional investors and hedge funds have recently modified their holdings of the business. Brighton Jones LLC boosted its stake in Alibaba Group by 40.4% during the fourth quarter. Brighton Jones LLC now owns 3,411 shares of the specialty retailer’s stock worth $289,000 after acquiring an additional 981 shares in the last quarter. AQR Capital Management LLC bought a new position in shares of Alibaba Group during the 1st quarter worth about $254,000. Bank of Nova Scotia boosted its position in shares of Alibaba Group by 313.0% during the 2nd quarter. Bank of Nova Scotia now owns 21,778 shares of the specialty retailer’s stock worth $2,470,000 after purchasing an additional 16,505 shares in the last quarter. Daiwa Securities Group Inc. acquired a new stake in shares of Alibaba Group in the 2nd quarter valued at about $1,613,000. Finally, Ieq Capital LLC grew its stake in shares of Alibaba Group by 51.9% in the 2nd quarter. Ieq Capital LLC now owns 70,060 shares of the specialty retailer’s stock valued at $7,946,000 after buying an additional 23,925 shares during the period. 13.47% of the stock is currently owned by institutional investors.

About Alibaba Group

(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.