<p>中国科技巨头 <strong>阿里巴巴</strong>(BABA 3.13%) 的股价在周一东部时间下午 12:26 交易时上涨超过 3%，此前华尔街分析师发布了关于该公司的新研究报告，并上调了对该股票的目标价。</p>
<h2>云计算将加速</h2>
<p>在他的报告中，<strong>巴克莱</strong> 分析师邵炯维持了对阿里巴巴的增持评级，并将其目标价上调了 45 美元至每股 190 美元，意味着从当前水平约有 36% 的上涨空间。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzI0MTkvcGVvcGxlLWhlYWRwaG9uZXMuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="467" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzI0MTkvcGVvcGxlLWhlYWRwaG9uZXMuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<p>邵的论点基于阿里巴巴云业务的持续强劲表现，该业务不仅包括传统的云服务如数据存储，还包括新兴的人工智能能力，这些能力在连续八个季度中实现了三位数的百分比收入增长。邵还认为，阿里巴巴的新快速配送业务所产生的亏损将很快减轻。</p>
<p>邵在报告中表示：“我们预计云收入增长将在未来几个季度继续加速，从 6 月季度的同比 26% 增长，保持稳定的利润率。关于食品配送的价格战和阿里巴巴在即时商业中显著的亏损，我们的信念是这些显著的亏损是暂时的，亏损可能在 9 月季度达到峰值。我们预计阿里巴巴的即时商业业务在稳定状态下将接近盈亏平衡，同时提取有意义的协同效应以惠及其核心电子商务业务。”</p>
<h2>在中国投资大型科技和人工智能公司是不同的</h2>
<p>阿里巴巴的市盈率不到 18 倍，这比一些美国科技和人工智能巨头目前的估值要友好得多。然而，这种情况相对标准，因为中国公共市场面临更大的政府干预风险，使得监管环境变得不那么可预测。近年来，中国经济也遭遇了巨大的困难。</p>
<p>尽管如此，如果你对这些因素进行了尽职调查，仍然觉得投资这只中国股票是舒适的，阿里巴巴为投资者提供了接触一家在巨大市场中具有显著规模的科技和人工智能公司的机会，其估值优于类似的美国公司。</p>

阿里巴巴

阿里巴巴-W

2 倍做多阿里巴巴 ETF - KraneShares

BABO

2 倍做多 BABA ETF - GraniteShares

<p>阿里巴巴的股价上涨超过 3%，因为巴克莱分析师邵炯将目标价上调至 190 美元，意味着有 36% 的上涨空间。邵炯强调了阿里巴巴强大的云业务，该业务在过去八个季度中实现了三位数的收入增长，并预计其快速配送服务的亏损将减少。尽管面临政府干预和中国经济疲软的风险，阿里巴巴的估值仍然相较于美国科技公司具有吸引力，为投资者提供了显著的科技和人工智能市场的投资机会</p>

<p>Shares of Chinese tech giant <strong>Alibaba</strong>(BABA 3.13%) were trading more than 3% higher as of 12:26 p.m. ET Monday after a Wall Street analyst issued a new research note on the company and raised his price target on the stock.</p>
<div class="lb-trans"><p>中国科技巨头 <strong>阿里巴巴</strong>(BABA 3.13%) 的股价在周一东部时间下午 12:26 交易时上涨超过 3%，此前华尔街分析师发布了关于该公司的新研究报告，并上调了对该股票的目标价。</p>
</div><h2>Cloud to accelerate</h2>
<div class="lb-trans"><h2>云计算将加速</h2>
</div><p>In his note, <strong>Barclays</strong> analyst Jiong Shao maintained his overweight rating on Alibaba and hiked his price target by $45 to $190 per share, implying about 36% upside from current levels.</p>
<div class="lb-trans"><p>在他的报告中，<strong>巴克莱</strong> 分析师邵炯维持了对阿里巴巴的增持评级，并将其目标价上调了 45 美元至每股 190 美元，意味着从当前水平约有 36% 的上涨空间。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzI0MTkvcGVvcGxlLWhlYWRwaG9uZXMuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F832419%2Fpeople-headphones.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><p>Shao's thesis is built on continuing strength in Alibaba's cloud business, which not only houses traditional cloud services like data storage, but also new artificial intelligence capabilities that have seen triple-digit percentage revenue growth for eight straight quarters. Shao also thinks that the losses being generated by Alibaba's new rapid-delivery business will soon abate.</p>
<div class="lb-trans"><p>邵的论点基于阿里巴巴云业务的持续强劲表现，该业务不仅包括传统的云服务如数据存储，还包括新兴的人工智能能力，这些能力在连续八个季度中实现了三位数的百分比收入增长。邵还认为，阿里巴巴的新快速配送业务所产生的亏损将很快减轻。</p>
</div><p>&#34;We expect cloud revenue growth to continue to accelerate from 26% year-over-year in [the] June-quarter in coming quarters with stable margins,&#34; Shao said in his note. &#34;With respect to the price war in food delivery and BABA's significant losses in instant commerce, our conviction has been that the significant losses are transitory and losses will likely peak in Sep.-Q. We expect BABA to run its instant commerce business at around break-even in a steady state, while extracting meaningful synergy to benefit its core e-commerce franchise.&#34;</p>
<div class="lb-trans"><p>邵在报告中表示：“我们预计云收入增长将在未来几个季度继续加速，从 6 月季度的同比 26% 增长，保持稳定的利润率。关于食品配送的价格战和阿里巴巴在即时商业中显著的亏损，我们的信念是这些显著的亏损是暂时的，亏损可能在 9 月季度达到峰值。我们预计阿里巴巴的即时商业业务在稳定状态下将接近盈亏平衡，同时提取有意义的协同效应以惠及其核心电子商务业务。”</p>
</div><h2>Buying big tech and AI in China is different</h2>
<div class="lb-trans"><h2>在中国投资大型科技和人工智能公司是不同的</h2>
</div><p>Alibaba trades at less than 18 times forward earnings, which is a much friendlier valuation than some of the tech and AI giants in the U.S. trade at now. This is fairly standard, however, because there are greater risks of government intervention in the public markets in China, making the regulatory environment less predictable. The Chinese economy has also struggled immensely in recent years.</p>
<div class="lb-trans"><p>阿里巴巴的市盈率不到 18 倍，这比一些美国科技和人工智能巨头目前的估值要友好得多。然而，这种情况相对标准，因为中国公共市场面临更大的政府干预风险，使得监管环境变得不那么可预测。近年来，中国经济也遭遇了巨大的困难。</p>
</div><p>That said, if you do your due diligence on these factors and still feel comfortable with investing in this Chinese stock, Alibaba offers investors exposure to a tech and AI company with significant scale in a massive market, and at a better valuation than you could get for a similar U.S.-based company.</p>
<div class="lb-trans"><p>尽管如此，如果你对这些因素进行了尽职调查，仍然觉得投资这只中国股票是舒适的，阿里巴巴为投资者提供了接触一家在巨大市场中具有显著规模的科技和人工智能公司的机会，其估值优于类似的美国公司。</p>
</div>

Why Shares of Alibaba Are Rising Today

- 阿里巴巴股价上涨超过 3%，分析师将目标价上调至 190 美元。  
- 分析师认为云业务持续强劲，预计未来收入增长加速。  
- 阿里巴巴的估值低于美国科技公司，投资风险需谨慎评估。  

为什么阿里巴巴的股价今天上涨