Alibaba (BABA) Sinks 7% Post EPS
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Buy Alibaba (BABA) on Today's Weakness - Oppenheimer
January 29, 2015 2:35 PM ESTOppenheimer 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
Alibaba (BABA) Price Target Lowered to $98 at Goldman Sachs Following Q3 Results
January 29, 2015 1:03 PM ESTGoldman 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
UPDATE: Stifel Downgrades Alibaba (BABA) to Hold on Risk Following SAIC White Paper
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
Probability of Alibaba (BABA) Buying Yahoo! (YHOO) is Increasing - Analyst
January 29, 2015 10:24 AM ESTShares 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
Muddy Waters Tweets on Alibaba (BABA)
January 29, 2015 8:13 AM ESTShort 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
Yahoo! (YHOO) Falls on Alibaba (BABA) Post Earnings Sell-Off
January 29, 2015 7:10 AM ESTYahoo! (Nasdaq: YHOO) is weakening following the earnings-related sell-off in Alibaba (NYSE: BABA). Yahoo! shares are down 3.9 percent.
While Yahoo! said it was spinning-off its Alibaba stake in a tax-free distribution, the company's lock-up period extends through Q415. For more color on the move, click here.
... MoreAlibaba (BABA) Tops Q3 EPS by 6c
January 29, 2015 7:01 AM ESTAlibaba (NYSE: BABA) reported Q3 EPS of $0.81, $0.06 better than the analyst estimate of $0.75. Revenue for the quarter came in at $4.22 billion versus the consensus estimate of $4.45 billion.
GMV GMV transacted on our China retail marketplaces in the quarter ended December 31, 2014 was RMB787 billion (US$127 billion), an increase of 49% compared to the same quarter of 2013, and compared to RMB556 billion in the quarter ended September 30, 2014, representing a net addition of RMB231 billion GMV in three months. GMV transacted on Taobao Marketplace in the quarter ended December 31, 2014 was RMB494 billion (US$80 billion), an... More
