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Alibaba Group Holding Limited (9988.HK)

HKSE - HKSE Delayed price. Currency in HKD
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76.850+2.150 (+2.88%)
At close: 04:09PM HKT

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  • R
    Credit Suisse axes BABA target price from $161 to $147, Rating Outperform. BABA's revenue for the second fiscal quarter which will end by 30 September 2022 was predicted to grow by 3% YoY to RMB207 billion, with an adjusted EBITA of RMB33.2 billion, ahead of the market consensus by 13%, reported Credit Suisse. Credit Suisse reiterated BABA as the sector top pick, but highlighted that the share price of the group will likely be driven by the market sentiment in China in the near term, instead of its fundamentals. The FY2023-25E earnings for the group were raised by 2-3%.
  • E
    Would definitely start buying more. $78/share going down is a good buy.
  • j
    Exactly like JPM said - Uninvestable!

    $45 price target
  • R
    JP Morgan cut BABA target price from $140 to $130 with rating kept Overweight. The group's FY2024 earning growth was predicted to revive to over 20%. Paired with current consensus FY2024 PE of only 9x, the broker deemed BABA's share price as appealing.
  • C
    Last year, I remember folks saying “back up the truck!” when this share went under $200.
  • A
    When HK opens Baba will rocket hold tight this week because this undervalued stock will finally gain backs some of its losses. Best long term todays rally is nothing compared to what’s coming
  • J
    Jimmy Da Saint
    They should start buying it all back on the next few months.

    Alibaba Group said it will hike its share repurchase program to $25 billion from $15 billion, the largest ever buyback undertaken of a Chinese internet stock.
    The buyback will run for two years through March 2024, Alibaba said on Tuesday after its board authorized the upsized share repurchase program.
    The move sent Alibaba’s shares over 11% higher in Hong Kong trading to close at HK$110.20.
    “The upsized share buyback underscores our confidence in Alibaba’s long-term, sustainable growth potential and value creation,” said Alibaba Group’s Deputy Chief Financial Officer, Toby Xu.
  • D
    Bought 500 share of baba at $78.67 pre market
  • S
    Sandor Clegane
    The Hang Seng index is at a 11 year low - so it's not only BABA. However, it's so extremely oversold / undervalued that any bit of positive news will send it soaring 20%+, including BABA.
  • D
    Why up?
  • V
    Value stock investor
    BABA goes down when the market is up, BABA goes down more when the market is down. It will be a trend before delisting.
  • G
    $88 tomorrow?
  • F
    I'm overweight in Baba right now, would love to average down here but it's too risky to try and catch the falling knife, will wait for a clear sign that we have begun the uptrend
  • M
    Mad Max
    Green again! $100 by Halloween, $200 by end of 2022, $400 by end of 2023 - go BABA!
  • N
    They had some interesting insights about BABA on Definitely made me think twice about the company.
  • y
    Thanks for few weakhands , I bought a lot shares of BABA today, and still keep buying now, Buy asap and Hold for sure !
  • y
    Buy BABA asap !
  • c
  • Y
    BABA is definitely close to the bottom! Losses should be very minimized right now. The chart starts looking like a very good set up for long term investors! Once it crosses SMA 200, which is currently at $100, then we will b going to the MOON!!
  • S
    Sandor Clegane
    Investors paid $320 a couple of years ago. Now I can buy it at a quarter of the price. Did revenues drop by 75%? Did profits drop by 75%? Of course not. Markets can be irrational. This is simply an opportunity to buy China's leading tech company at 25 cents on the dollar.