Alibaba (BABA) Tops Q3 EPS by 6c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/23/2026
Go back to Alibaba (BABA) Tops Q3 EPS by 6c
January 30, 2015 8:14 AM EST
Evercore ISI analyst Ken Sena lowered his price target on Buy-rated Alibaba (NYSE: BABA) to $115.00 (from $130.00) following earnings results. He said the lower take rate was a negative but just a temporary one.
Sena commented, "Alibabas better merchandise volumes, user growth and profitably this quarter all offer reason for investors to stay constructive. We also view the take-rate compression on... More
January 30, 2015 8:10 AM EST
SunTrust Robinson Humphrey analyst Robert Peck reiterated a Buy rating while cutting his price target on Alibaba (NYSE: BABA) to $110.00 (from $120.00) following earnings results and he calls the government concerns a 'red herring.'
Pecks Points. 1) Monetization (take rate) disappointed at 2.70% due to: organic desktop algorithm improvements,... More
January 30, 2015 7:59 AM EST
RBC Capital analyst Mark Mahaney lowered his price target on Outperform-rated Alibaba (NYSE: BABA) to $115.00 (from $130.00) following results yesterday that disappointed investors. While a monetization miss, the analyst said fundamentals are still strong.
Mahaney commented, "Revenue of 26.2B RMB came in above RBC @ 25.8B RMB but below Street @ 27.5B RMB. The major delta vs. Street was China Commerce... More
January 29, 2015 2:35 PM EST
Oppenheimer analyst Ella Ji reiterating an Outperform rating and $133 price target on Alibaba (NYSE: BABA), telling client to buy on today's weakness.
Ji comments, "F3Q15 revenue outperformed our estimate by 1% but missed the Street by 5%. Non-GAAP operating margin improved nicely from... More
January 29, 2015 1:03 PM EST
Goldman Sachs maintained a Neutral rating on Alibaba (NYSE: BABA) and lowered its price target to $98.00 (from $104.00). The stock declined after it reported Q3 results, with below consensus revenue.
Analyst Piyush Mubayi said, "China retail marketplaces gross merchandise volume (GMV) grew 49% yoy to Rmb787bn, on growth of 45% yoy in annual active buyers and 3% yoy spending per... More
January 29, 2015 10:42 AM EST
(Updated - January 29, 2015 11:16 AM EST)
Stifel downgraded Alibaba (NYSE: BABA) from Buy to Hold and removed its price target (prior $115). The change follows a SAIC white paper yesterday that criticized the company for a number of issues including failure to control counterfeit products. This morning Alibaba reported Q3 results. Analyst analyst Scott W. Devitt noted increased government risk and take rate... More
January 29, 2015 10:24 AM EST
Shares of Yahoo! (NASDAQ: YHOO) are getting smacked Thursday (-8.6%) amid disappointing quarterly results from Alibaba (NYSE: BABA) (-9.6%). Yahoo! fortunes are closely tied to Alibaba given its massive stake, which it now plans to spin-off into a separate publicly traded entity.
While lower today, the spinning-off of the Alibaba stake is seen as unlocking loads of value for Yahoo! shareholders. Today, Needham & Company analyst Laura Martin took it a step further and said the... More
January 29, 2015 8:32 AM EST
JD.com (NASDAQ: JD) is down 3% early in response to Alibaba's (NYSE: BABA) top line miss. BABA is down 6.3%.
...
More
January 29, 2015 8:13 AM EST
Short seller Muddy Waters commented on Alibaba (NYSE: BABA) after it reported Q3 results. The tweet raised questions about the amount of information given in its prospectus.
Shares are trading lower by about 6% pre-market, as its earning call gets... More
January 29, 2015 7:09 AM EST
Alibaba (NYSE: BABA) is immediately trading down 7% following December quarter results
...
More
