Alibaba (BABA.US) Latest News & Headlines | Longbridge

Weekly Recap | Alibaba -3.48%, consensus target above spot
Weekly Review·Sep 12 at 07:46 AM
- Alibaba shares fell 3.48 % this week to close at 109.30 dollars, underperforming the S&P 500 amid weak trading activity and a weekly amplitude of 4.79 %. - Institutional backing remains strong, with 38 out of 42 covering institutions rating the stock as a buy or overweight and an average target price of 186.04 dollars. - Key corporate developments focused on AI and cloud partnerships, while upcoming US macroeconomic data are expected to influence market risk appetite.
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Weekly Recap | Alibaba -4.76%, placement raises dilution concern
Weekly Review·Sep 5 at 06:15 AM
- Alibaba shares fell 4.76 % this week to close at 113.24 dollars, underperforming the S & P 500. - The decline was primarily driven by equity dilution pressures from a 10.2 billion dollar AI stock issuance and a prior 75 % drop in net income. - Despite the downward pressure, 38 out of 42 covering institutions maintained buy or overweight ratings with an average target price of 186.82 dollars.
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Weekly Recap | BABA-W -3.59%, consensus target 60% above spot
Weekly Review·Sep 5 at 06:03 AM
- Alibaba-W dropped 3.59 % this week to close at 110.1 HKD, underperforming the Hang Seng Index by 3.92 percentage points amid capital expansion and short-term funding pressures. - The company raised about 10.2 billion USD through a new share placement, triggering dilution concerns and a temporary drop in stock price. - Despite short-term price pressure, 25 out of 28 covered institutions rated the stock as buy or overweight, with a consensus target price of 176.46 HKD.
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Weekly Recap | BABA-WR -3.78%, consensus target above spot
Weekly Review·Sep 5 at 05:48 AM
- Alibaba - WR declined by 3.78 % this week to close at 94.15 HKD, underperforming the Hang Seng Index by 4.11 percentage points amid heavy trading volume. - The sole covering institution maintained a strong buy rating with a consensus target price of 149 HKD, which is 58.26 % higher than the current price. - Future performance will depend on upcoming macroeconomic data releases such as Hong Kong's unemployment rate and CPI.
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