--- title: "Weekly Recap | Alibaba +3.6%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/299509340.md" description: "Alibaba closed the week at $113.24, up 3.6% from the prior Friday’s $109.30. The S&P 500 slipped 0.08%, so the stock outperformed by about 3.68 percentage points. Trading was quiet for most of the week before a strong Friday push: the stock opened at $108.28 on Monday, briefly rallied on Tuesday, and hit a weekly low of $106.64 on Wednesday. It closed at $108.54 on Thursday, then gapped up to $110.99 on Friday and rallied to $113.24 on volume of 13." datetime: "2026-09-19T05:39:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299509340.md) - [en](https://longbridge.com/en/news/299509340.md) - [zh-HK](https://longbridge.com/zh-HK/news/299509340.md) generator: "portal-rs" --- # Weekly Recap | Alibaba +3.6%, most brokers rate it buy ## The Week Alibaba closed the week at $113.24, up 3.6% from the prior Friday’s $109.30. The S&P 500 slipped 0.08%, so the stock outperformed by about 3.68 percentage points. Trading was quiet for most of the week before a strong Friday push: the stock opened at $108.28 on Monday, briefly rallied on Tuesday, and hit a weekly low of $106.64 on Wednesday. It closed at $108.54 on Thursday, then gapped up to $110.99 on Friday and rallied to $113.24 on volume of 13.25 million shares, well above the weekly average of about 8.81 million. Weekly amplitude was 6.58%. ## Key Events Three themes dominated the week. First, Goldman Sachs said before the market opened on 17 September that Alibaba’s cloud business growth was a bright spot. The stock subsequently rose 3.00% in night trading and climbed back above its 20-day moving average of $111.74, though it still faced resistance near the 50-day line at $119.21. Second, MiniMax shareholders approved Alibaba Cloud deals and capital mandates at an EGM on 15 September, reinforcing the cloud and AI ecosystem storyline. Third, on Saturday 19 September, news emerged that Chinese regulators were investigating Alibaba units for suspected competition-law violations. That came after the week had ended, so the market reaction belongs to next week. Earlier in the week, Alibaba touched a near one-month low in premarket trading on 14 September as US rate-hike bets rose, and it set another one-month intraday low on 16 September, a reminder that rate expectations still weigh on the stock. ## Analyst Ratings As of this week, 42 institutions cover Alibaba: 30 rate it buy, 8 overweight, 1 hold, 1 underweight, none sell, and 2 have no opinion. That adds up to 38 buy or overweight. The consensus rating is Strong Buy, and the consensus target price is $185.49, about 63.8% above the current price of $113.24. The target range is wide, from a low of $95.14 to a high of $238.07, so views diverge considerably. Alibaba ranks second among 25 retailers covered in the industry. ## The Week Ahead There is no Alibaba earnings release next week, but US macro data is packed. The Richmond Fed composite index lands on 22 September, previous reading 4. On 23 September there are EIA weekly crude and Cushing inventory reports. Thursday 24 September brings initial jobless claims, the current account balance, new home sales, and the EIA natural gas inventory change; the consensus for new home sales is 0.608. Rate expectations have been a visible pressure point on Alibaba’s valuation throughout this week, and the jobless claims number will feed directly into that debate. The competition-law probe reported on Saturday is another key variable to watch when trading resumes. ## In Short Alibaba gained 3.6% this week and beat the market, but the rally was driven by internal catalysts rather than a broad improvement in risk appetite: Goldman’s upbeat view on the cloud business and the MiniMax-Alibaba Cloud deal did the heavy lifting. The ratings picture is strong, with 38 institutions at buy or overweight and a consensus target about 63.8% above spot, yet the target range from $95 to $238 shows real disagreement. On the latest trading day, large-lot money was a net seller while small-lot money was a net buyer, so institutional and retail flows pointed in opposite directions. The next test is whether the cloud and AI narrative shows up in actual earnings, whether macro rate pressure keeps dragging on valuation, and whether the regulatory probe becomes an emotional turning point. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [BABX.US](https://longbridge.com/en/quote/BABX.US.md) - [BABO.US](https://longbridge.com/en/quote/BABO.US.md) - [BABU.US](https://longbridge.com/en/quote/BABU.US.md) - [BABW.US](https://longbridge.com/en/quote/BABW.US.md) ## Related News & Research - [Alibaba’s DAMO Academy Debuts Generalist AI for Nearly 150 Abdominal Conditions](https://longbridge.com/en/news/299441948.md) - [Alibaba’s Amap, Singapore Tourism Board launch city guides with 104 local picks](https://longbridge.com/en/news/299602063.md) - [US government website used AI search tool from China that FBI said copied Anthropic](https://longbridge.com/en/news/299359211.md) - [MiniMax Shareholders Approve Alibaba Cloud Deals and Capital Mandates at EGM](https://longbridge.com/en/news/299065062.md) - [Apple’s iPhone 18 Pro Quickly Falls Below Launch Price on China Platforms](https://longbridge.com/en/news/299034396.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**