Alibaba (BABA) Q2 Pre-Earnings: Here’s What to Expect

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2024.11.13 04:54
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Alibaba (BABA) is set to announce its fiscal Q2 FY25 results on November 15, with analysts expecting earnings of $0.05 per share, down 5% year-over-year, while revenues are projected to rise 6% to $34.16 billion. Concerns about weakening consumer demand and ongoing reinvestments may pressure earnings, but optimism exists around the cloud segment and international growth. Website traffic shows a 15.61% increase, indicating potential revenue growth. Analysts maintain a Strong Buy consensus on BABA stock, with a price target of $115.40, suggesting a 35.54% upside.