<p>中国电子商务巨头阿里巴巴（BABA）将于 11 月 15 日公布其 2025 财年第二季度财报。华尔街分析师预计该公司第二季度每股收益为 2.05 美元，同比下降 5%。相反，分析师预计收入将同比增长 6%，达到 331.6 亿美元，数据来源于 TipRanks 预测页面。</p>
<p>值得强调的是，阿里巴巴近期的盈利历史并不太令人印象深刻，在过去五个季度中，该公司有两个季度未能达到盈利预期。</p>
<p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/11/baba-earns.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/11/baba-earns.jpg"/></p>
<h2><strong>第二季度前需考虑的因素</strong></h2>
<p>根据 TipRanks 的 “多头说，空头说” 工具，分析师预测阿里巴巴将面临盈利压力，原因在于当前经济环境中的挑战。空头对中国持续的通缩趋势下消费者需求减弱表示担忧。他们还指出，阿里巴巴正在进行的再投资可能进一步影响盈利，进而影响调整后的 EBITDA。</p>
<p>从积极的一面来看，多头认为阿里巴巴的云业务正在加速增长，这得益于公共云的采用和日益增长的人工智能服务需求。此外，他们预计阿里巴巴的国际数字商务和菜鸟物流收入将增长，反映出其强劲的跨境扩张。多头对阿里巴巴的股票回购和分红策略也持乐观态度，这可能提升股东回报。</p>
<p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/11/bulls-4.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/11/bulls-4.jpg"/></p>
<h2><strong>网站流量趋势缓解担忧</strong></h2>
<p>投资者可以使用 TipRanks 的网站流量工具来获取公司即将发布的财报的洞察。该工具提供有关公司网站域名在特定时间段内表现的信息。</p>
<p>尽管预计盈利将下降，分析师预测阿里巴巴的收入将显示同比增长。TipRanks 的网站流量筛选器支持这一点，显示在 2025 财年第二季度，alibaba.com 及其另外两个网站（aliexpress.com 和 taobao.com）的访问量同比增长了 15.61%，这表明第二季度的收入表现更强劲。</p>
<p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/11/website-alibaba.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/11/website-alibaba.png"/></p>
<h2><strong>期权交易者预计</strong> <strong>6.15%</strong> <strong>的波动</strong></h2>
<p>使用 TipRanks 的期权工具，我们可以看到期权交易者对该股票在财报发布后立即的预期。预期的盈利波动是通过计算在财报公告后最接近到期的期权的平价跨式期权得出的。如果这听起来复杂，不用担心，期权工具会为您完成这些计算。</p>
<p>实际上，目前显示期权交易者预计该股票将出现 6.15% 的波动。</p>
<h2><strong>阿里巴巴股票现在值得购买吗？</strong></h2>
<p>转向华尔街，分析师对 BABA 股票的共识评级为强烈买入，基于过去三个月内的 15 个买入和三个持有评级，如下图所示。BABA 股票的平均目标价为 124.40 美元，意味着 35.54% 的上涨潜力。阿里巴巴股票在过去一年上涨了 15.5%，年初至今上涨了 21%。</p>
<p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/11/baba-forecast.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/11/baba-forecast.jpg"/></p>
<p><strong>查看更多 BABA 分析师评级</strong></p>
<p>披露</p>

阿里巴巴

阿里巴巴-WR

阿里巴巴-W

<p>阿里巴巴（BABA）将于 11 月 15 日公布其 2025 财年第二季度财报，分析师预计每股收益为 0.05 美元，同比下降 5%，而收入预计增长 6%，达到 341.6 亿美元。尽管消费者需求减弱和持续的再投资可能会对收益造成压力，但对云业务和国际增长的乐观情绪依然存在。网站流量显示出 15.61% 的增长，表明潜在的收入增长。分析师对 BABA 股票维持强烈买入的共识，目标价为 115.40 美元，暗示有 35.54% 的上涨空间</p>

<p>Chinese e-commerce giant Alibaba (BABA) is set to announce its fiscal Q2 FY25 results on November 15. Wall Street analysts expect the company to report earnings of $2.05 per share for Q2, down 5% from the year-ago quarter. On the contrary, analysts expect revenues to increase 6% year-over-year to $33.16 billion, according to data from the TipRanks Forecast page.</p>
<div class="lb-trans"><p>中国电子商务巨头阿里巴巴（BABA）将于 11 月 15 日公布其 2025 财年第二季度财报。华尔街分析师预计该公司第二季度每股收益为 2.05 美元，同比下降 5%。相反，分析师预计收入将同比增长 6%，达到 331.6 亿美元，数据来源于 TipRanks 预测页面。</p>
</div><p>It’s important to highlight that Alibaba’s recent earnings history has not been so impressive, with the company missing earnings estimates in two of the past five quarters.</p>
<div class="lb-trans"><p>值得强调的是，阿里巴巴近期的盈利历史并不太令人印象深刻，在过去五个季度中，该公司有两个季度未能达到盈利预期。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/11/baba-earns.jpg" alt="" original-src="https://blog.tipranks.com/wp-content/uploads/2024/11/baba-earns.jpg"/></p>
<h2><strong>Factors to Consider Ahead of Q2</strong></h2>
<div class="lb-trans"><h2><strong>第二季度前需考虑的因素</strong></h2>
</div><p>According to TipRanks’ Bulls Say, Bears Say tool, analysts forecast that Alibaba will face earnings pressure due to the challenges in the current economic landscape. Bears remain concerned about the weakening consumer demand in China amid persistent deflationary trends. They also note that Alibaba’s ongoing reinvestments could further weigh on earnings, potentially impacting adjusted EBITDA.</p>
<div class="lb-trans"><p>根据 TipRanks 的 “多头说，空头说” 工具，分析师预测阿里巴巴将面临盈利压力，原因在于当前经济环境中的挑战。空头对中国持续的通缩趋势下消费者需求减弱表示担忧。他们还指出，阿里巴巴正在进行的再投资可能进一步影响盈利，进而影响调整后的 EBITDA。</p>
</div><p>On the positive side, bulls see potential in Alibaba’s accelerating cloud segment, fueled by public cloud adoption and rising AI service demand. Further, they expect Alibaba’s international digital commerce and Cainiao logistics revenues to grow, reflecting its robust cross-border expansion. Bulls also remain optimistic about Alibaba’s share buyback and dividend strategies, which could enhance shareholder returns.</p>
<div class="lb-trans"><p>从积极的一面来看，多头认为阿里巴巴的云业务正在加速增长，这得益于公共云的采用和日益增长的人工智能服务需求。此外，他们预计阿里巴巴的国际数字商务和菜鸟物流收入将增长，反映出其强劲的跨境扩张。多头对阿里巴巴的股票回购和分红策略也持乐观态度，这可能提升股东回报。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/11/bulls-4.jpg" alt="" original-src="https://blog.tipranks.com/wp-content/uploads/2024/11/bulls-4.jpg"/></p>
<h2><strong>Website Traffic Trend Eases Worry</strong></h2>
<div class="lb-trans"><h2><strong>网站流量趋势缓解担忧</strong></h2>
</div><p>Investors can use TipRanks’ Website Traffic Tool to gain insights into a company’s upcoming earnings report. The tool offers information on how a company’s website domain performed over a specific time frame.</p>
<div class="lb-trans"><p>投资者可以使用 TipRanks 的网站流量工具来获取公司即将发布的财报的洞察。该工具提供有关公司网站域名在特定时间段内表现的信息。</p>
</div><p>Although earnings are expected to decline, analysts project Alibaba’s revenue to show year-over-year growth. TipRanks’ Website Traffic Screener supports this, showing a 15.61% year-over-year rise in visits to alibaba.com and its two other websites (aliexpress.com and taobao.com) for fiscal Q2, suggesting stronger top-line performance for Q2.</p>
<div class="lb-trans"><p>尽管预计盈利将下降，分析师预测阿里巴巴的收入将显示同比增长。TipRanks 的网站流量筛选器支持这一点，显示在 2025 财年第二季度，alibaba.com 及其另外两个网站（aliexpress.com 和 taobao.com）的访问量同比增长了 15.61%，这表明第二季度的收入表现更强劲。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/11/website-alibaba.png" alt="" original-src="https://blog.tipranks.com/wp-content/uploads/2024/11/website-alibaba.png"/></p>
<h2><strong>Options Traders Anticipate a</strong> <strong>6.15%</strong> <strong>Move</strong></h2>
<div class="lb-trans"><h2><strong>期权交易者预计</strong> <strong>6.15%</strong> <strong>的波动</strong></h2>
</div><p>Using TipRanks’ Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don’t worry, the Options tool does this for you.</p>
<div class="lb-trans"><p>使用 TipRanks 的期权工具，我们可以看到期权交易者对该股票在财报发布后立即的预期。预期的盈利波动是通过计算在财报公告后最接近到期的期权的平价跨式期权得出的。如果这听起来复杂，不用担心，期权工具会为您完成这些计算。</p>
</div><p>Indeed, it currently says that options traders are expecting a 6.15% move in either direction.</p>
<div class="lb-trans"><p>实际上，目前显示期权交易者预计该股票将出现 6.15% 的波动。</p>
</div><h2><strong>Is Alibaba Stock a Good Buy Right Now?</strong></h2>
<div class="lb-trans"><h2><strong>阿里巴巴股票现在值得购买吗？</strong></h2>
</div><p>Turning to Wall Street, analysts have a Strong Buy consensus rating on BABA stock based on 15 Buys and three Holds assigned in the past three months, as indicated by the graphic below. The average BABA stock price target is $124.40, implying upside potential of 35.54%. Alibaba stock increased 15.5% over the past year and 21% year-to-date.</p>
<div class="lb-trans"><p>转向华尔街，分析师对 BABA 股票的共识评级为强烈买入，基于过去三个月内的 15 个买入和三个持有评级，如下图所示。BABA 股票的平均目标价为 124.40 美元，意味着 35.54% 的上涨潜力。阿里巴巴股票在过去一年上涨了 15.5%，年初至今上涨了 21%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/11/baba-forecast.jpg" alt="" original-src="https://blog.tipranks.com/wp-content/uploads/2024/11/baba-forecast.jpg"/></p>
<p><strong>See more BABA analyst ratings</strong></p>
<div class="lb-trans"><p><strong>查看更多 BABA 分析师评级</strong></p>
</div><p>Disclosure</p>
<div class="lb-trans"><p>披露</p>
</div>

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

- 阿里巴巴将于 11 月 15 日公布 2025 财年第二季度财报。  
- 分析师预计每股收益将下降 5%，但收入将同比增长 6%。  
- 网站流量数据显示，阿里巴巴的访问量同比增长 15.61%。  

阿里巴巴 (BABA) 第二季度财报前瞻：以下是预期内容