---
title: "\"Big Banks\" Bank of America Securities lowers Alibaba's target price to 168 yuan and maintains a \"Buy\" rating"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282480855.md"
description: "Bank of America Securities has lowered its target price for Alibaba to HKD 168, maintaining a \"Buy\" rating. The target price for U.S. stocks has been reduced from USD 180 to USD 172, mainly due to changes in customer management revenue recognition and increased AI investments, although losses in the rapid delivery business have partially offset the impact. It is expected that Alibaba's average loss per order will improve to RMB 3.0 by the end of the fiscal quarter in March, with losses in fiscal year 2027 expected to decrease to RMB 45 billion. AI investment remains a focus"
datetime: "2026-04-13T03:05:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282480855.md)
  - [en](https://longbridge.com/en/news/282480855.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282480855.md)
---

# "Big Banks" Bank of America Securities lowers Alibaba's target price to 168 yuan and maintains a "Buy" rating

Bank of America Securities published a research report, lowering the target price for Alibaba-W (09988.HK) from HKD 176 to HKD 168, maintaining a "Buy" rating. The target price for Alibaba (BABA.US) in the U.S. stock market was reduced from USD 180 to USD 172, mainly reflecting changes in customer management revenue recognition and increased AI-related investments, although this was partially offset by a narrowing loss in the rapid delivery business.

Bank of America expects that by the end of March, the average loss per order in the rapid delivery business will improve from RMB 3.5 to RMB 3.0. It is anticipated that the loss for the fiscal year 2027 will narrow from RMB 87 billion in fiscal year 2026 to RMB 45 billion. AI-related investments remain a focus, including the promotion of Tongyi Qianwen applications and rising costs for model training/inference

### Related Stocks

- [RTH.US](https://longbridge.com/en/quote/RTH.US.md)
- [BABX.US](https://longbridge.com/en/quote/BABX.US.md)
- [EBIZ.US](https://longbridge.com/en/quote/EBIZ.US.md)
- [IBUY.US](https://longbridge.com/en/quote/IBUY.US.md)
- [KBAB.US](https://longbridge.com/en/quote/KBAB.US.md)
- [XRT.US](https://longbridge.com/en/quote/XRT.US.md)
- [ONLN.US](https://longbridge.com/en/quote/ONLN.US.md)
- [09988.HK](https://longbridge.com/en/quote/09988.HK.md)
- [513770.CN](https://longbridge.com/en/quote/513770.CN.md)
- [KWEB.US](https://longbridge.com/en/quote/KWEB.US.md)
- [BABA.US](https://longbridge.com/en/quote/BABA.US.md)
- [513040.CN](https://longbridge.com/en/quote/513040.CN.md)
- [YINN.US](https://longbridge.com/en/quote/YINN.US.md)

## Related News & Research

- [Alibaba says its advanced AI model accurately detects colorectal cancer and enhances early detection rates](https://longbridge.com/en/news/284480736.md)
- [22:18 ETfal Launches HappyHorse-1.0, the #1-Ranked AI Video Model, as Official API Partner](https://longbridge.com/en/news/284296795.md)
- [Banuba Updates its AI Try-On Platform with Easier Digitization & Better Performance](https://longbridge.com/en/news/284438031.md)
- [Alipay launches AI payment processing tool for businesses as agent-based commerce Expands](https://longbridge.com/en/news/284355433.md)
- [0G to Make Alibaba's Qwen wModels Accessible to AI Agents via Blockchain Integration](https://longbridge.com/en/news/283768010.md)