<div id="readability-page-1"><div><div>Benchmark analyst Fawne Jiang maintained Alibaba Group Holding BABA with a Buy and lowered the price target from $190 to $176 on Friday.Alibaba reported its fiscal fourth-quarter revenue growth of 7% to $32.58 billion, missing the analyst consensus estimate of $33.08 billion. It clocked an adjusted earnings per ADS of $1.73, which beat the analyst consensus estimate of $1.48. Also Read: US Listed Chinese Stocks Rally As Countries Agree To Ease Import TariffsRevenue from Taobao and Tmall Group grew by 9% to $13.97 billion. Revenue from Alibaba International Digital Commerce Group increased by 22% to $4.63 billion, driven by the growth of cross-border businesses. In addition:<ul> <li>Local Services Group revenue grew by 10% to $2.22 billion</li> <li>Orders for Amap and Ele.me grew </li> <li>Cainiao Smart Logistics Network Limited's revenue decreased 12% to $2.97 billion.</li> <li>Cloud Intelligence Group revenue grew by 18% to $4.15 billion.</li> <li>Digital Media and Entertainment Group rose 12% to $765 million.</li> <li>Customer management revenue (CMR) grew 12%</li> <li>Cloud revenue accelerated to high teens, fueled by strong demand for AI services.</li> </ul>Jiang blamed Alibaba International Digital Commerce Group’s soft performance and outdated consensus estimates.Looking ahead, Jiang expects CMR to continue outpacing GMV growth through fiscal 2026, supported by sustained take rate gains, and Cloud to maintain momentum with new customer onboarding and cross-selling. AIDC growth may moderate amid evolving global trade dynamics. At the same time, Ele.me ramps up investment in food delivery and instant commerce in partnership with Taobao and Tmall Group to defend against JD.com, Inc JD and offensively drive engagement via Taobao app integration.Jiang raised his revenue projections for CMR and TTG but lowered the group-level growth forecast to 6% (from 11% previously, excluding asset divestitures), reflecting AIDC resets and potential headwinds from Ele.me.While the fiscal fourth quarter was not clean, and near-term margin pressure remains a concern, the analyst continues to view Alibaba as a leading beneficiary of accelerated AI adoption in China and a top structural player in the sector.Jiang projected fiscal 2026 revenue of $134.44 billion and EPS of $8.50. He expects fiscal 2027 revenue of $146.03 billion and EPS of $11.01.Price Action: BABA shares traded higher by 0.64% at $124.69 at the last check on Friday.<ul> <li>Zeekr Vehicle Sales Jump 25%, Cost Cuts Drive Record Margins</li> </ul>Image: Shutterstock</div></div></div>

Alibaba  earnings 

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BABA

Alibaba Group Holding reported a 7% revenue growth to $32.58 billion, missing estimates. Adjusted earnings per ADS were $1.73, surpassing expectations. Revenue from Taobao and Tmall grew by 9%, while international commerce rose by 22%. Analyst Fawne Jiang maintained a Buy rating but lowered the price target to $176. Despite near-term margin pressures, Jiang sees Alibaba benefiting from AI adoption in China, projecting fiscal 2026 revenue of $134.44 billion and EPS of $8.50. BABA shares rose 0.64% to $124.69.

- Benchmark analyst Fawne Jiang maintained a Buy rating on Alibaba Group Holding (BABA) and lowered the price target from $190 to $176 after the company reported a fiscal fourth-quarter revenue of $32.58 billion, missing estimates.  
- Revenue from Taobao and Tmall grew by 9%, while international digital commerce increased by 22%, but overall group-level growth forecast was reduced to 6% due to soft performance in certain segments.  
- Jiang projects fiscal 2026 revenue of $134.44 billion and EPS of $8.50, highlighting Alibaba's potential as a key player in AI adoption in China despite near-term challenges.

Alibaba Misses Revenue, But AI Cloud Has Silver Lining