<p>中國電子商務巨頭阿里巴巴（BABA）將於 11 月 15 日公佈其 2025 財年第二季度財報。華爾街分析師預計該公司第二季度每股收益為 2.05 美元，同比下降 5%。相反，分析師預計收入將同比增長 6%，達到 331.6 億美元，數據來源於 TipRanks 預測頁面。</p>
<p>值得強調的是，阿里巴巴近期的盈利歷史並不太令人印象深刻，在過去五個季度中，該公司有兩個季度未能達到盈利預期。</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>第二季度前需考慮的因素</strong></h2>
<p>根據 TipRanks 的 “多頭説，空頭説” 工具，分析師預測阿里巴巴將面臨盈利壓力，原因在於當前經濟環境中的挑戰。空頭對中國持續的通縮趨勢下消費者需求減弱表示擔憂。他們還指出，阿里巴巴正在進行的再投資可能進一步影響盈利，進而影響調整後的 EBITDA。</p>
<p>從積極的一面來看，多頭認為阿里巴巴的雲業務正在加速增長，這得益於公共雲的採用和日益增長的人工智能服務需求。此外，他們預計阿里巴巴的國際數字商務和菜鳥物流收入將增長，反映出其強勁的跨境擴張。多頭對阿里巴巴的股票回購和分紅策略也持樂觀態度，這可能提升股東回報。</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>網站流量趨勢緩解擔憂</strong></h2>
<p>投資者可以使用 TipRanks 的網站流量工具來獲取公司即將發佈的財報的洞察。該工具提供有關公司網站域名在特定時間段內表現的信息。</p>
<p>儘管預計盈利將下降，分析師預測阿里巴巴的收入將顯示同比增長。TipRanks 的網站流量篩選器支持這一點，顯示在 2025 財年第二季度，alibaba.com 及其另外兩個網站（aliexpress.com 和 taobao.com）的訪問量同比增長了 15.61%，這表明第二季度的收入表現更強勁。</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>期權交易者預計</strong> <strong>6.15%</strong> <strong>的波動</strong></h2>
<p>使用 TipRanks 的期權工具，我們可以看到期權交易者對該股票在財報發佈後立即的預期。預期的盈利波動是通過計算在財報公告後最接近到期的期權的平價跨式期權得出的。如果這聽起來複雜，不用擔心，期權工具會為您完成這些計算。</p>
<p>實際上，目前顯示期權交易者預計該股票將出現 6.15% 的波動。</p>
<h2><strong>阿里巴巴股票現在值得購買嗎？</strong></h2>
<p>轉向華爾街，分析師對 BABA 股票的共識評級為強烈買入，基於過去三個月內的 15 個買入和三個持有評級，如下圖所示。BABA 股票的平均目標價為 124.40 美元，意味着 35.54% 的上漲潛力。阿里巴巴股票在過去一年上漲了 15.5%，年初至今上漲了 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 分析師評級</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）將於 11 月 15 日公佈其 2025 財年第二季度財報，分析師預計每股收益為 0.05 美元，同比下降 5%，而收入預計增長 6%，達到 341.6 億美元。儘管消費者需求減弱和持續的再投資可能會對收益造成壓力，但對雲業務和國際增長的樂觀情緒依然存在。網站流量顯示出 15.61% 的增長，表明潛在的收入增長。分析師對 BABA 股票維持強烈買入的共識，目標價為 115.40 美元，暗示有 35.54% 的上漲空間</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>中國電子商務巨頭阿里巴巴（BABA）將於 11 月 15 日公佈其 2025 財年第二季度財報。華爾街分析師預計該公司第二季度每股收益為 2.05 美元，同比下降 5%。相反，分析師預計收入將同比增長 6%，達到 331.6 億美元，數據來源於 TipRanks 預測頁面。</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>值得強調的是，阿里巴巴近期的盈利歷史並不太令人印象深刻，在過去五個季度中，該公司有兩個季度未能達到盈利預期。</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>第二季度前需考慮的因素</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>根據 TipRanks 的 “多頭説，空頭説” 工具，分析師預測阿里巴巴將面臨盈利壓力，原因在於當前經濟環境中的挑戰。空頭對中國持續的通縮趨勢下消費者需求減弱表示擔憂。他們還指出，阿里巴巴正在進行的再投資可能進一步影響盈利，進而影響調整後的 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>從積極的一面來看，多頭認為阿里巴巴的雲業務正在加速增長，這得益於公共雲的採用和日益增長的人工智能服務需求。此外，他們預計阿里巴巴的國際數字商務和菜鳥物流收入將增長，反映出其強勁的跨境擴張。多頭對阿里巴巴的股票回購和分紅策略也持樂觀態度，這可能提升股東回報。</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>網站流量趨勢緩解擔憂</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>投資者可以使用 TipRanks 的網站流量工具來獲取公司即將發佈的財報的洞察。該工具提供有關公司網站域名在特定時間段內表現的信息。</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>儘管預計盈利將下降，分析師預測阿里巴巴的收入將顯示同比增長。TipRanks 的網站流量篩選器支持這一點，顯示在 2025 財年第二季度，alibaba.com 及其另外兩個網站（aliexpress.com 和 taobao.com）的訪問量同比增長了 15.61%，這表明第二季度的收入表現更強勁。</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>期權交易者預計</strong> <strong>6.15%</strong> <strong>的波動</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 的期權工具，我們可以看到期權交易者對該股票在財報發佈後立即的預期。預期的盈利波動是通過計算在財報公告後最接近到期的期權的平價跨式期權得出的。如果這聽起來複雜，不用擔心，期權工具會為您完成這些計算。</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>實際上，目前顯示期權交易者預計該股票將出現 6.15% 的波動。</p>
</div><h2><strong>Is Alibaba Stock a Good Buy Right Now?</strong></h2>
<div class="lb-trans"><h2><strong>阿里巴巴股票現在值得購買嗎？</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>轉向華爾街，分析師對 BABA 股票的共識評級為強烈買入，基於過去三個月內的 15 個買入和三個持有評級，如下圖所示。BABA 股票的平均目標價為 124.40 美元，意味着 35.54% 的上漲潛力。阿里巴巴股票在過去一年上漲了 15.5%，年初至今上漲了 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 分析師評級</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

- 阿里巴巴將於 11 月 15 日公佈 2025 財年第二季度財報。  
- 分析師預計每股收益將下降 5%，但收入將同比增長 6%。  
- 網站流量數據顯示，阿里巴巴的訪問量同比增長 15.61%。  

阿里巴巴 (BABA) 第二季度財報前瞻：以下是預期內容