Alibaba Group Announces June Quarter 2016 Results

RBC Capital Reiterates Outperform on Alibaba (BABA) Following Strong 1Q Results

August 12, 2016 10:20 AM EDT

RBC Capital reiterated an Outperform rating on Alibaba (NYSE: BABA), and raised the price target to $110.00 (from $105.00), following the company's 1Q earnings report. BABA reported revenues of 32.15B RMB, beating the Street's 30.0B estimate. Non-GAAP EPS of 4.90 RMB also beat the Street at 4.56 RMB.... More

Brean Capital Raises Price Target on Alibaba (BABA) to $115 on Strong 1Q Results

August 12, 2016 9:49 AM EDT

Brean Capital reiterated a Buy rating on Alibaba (NYSE: BABA), and raised the price target to $115.00 (from $100.00), following the company's 1Q earnings report. Revenue came in at RMB 32.2bn, exceeding consensus estimates of RMB 30.1bn. Adjusted EPS came in at $0.74, exceeding consensus of $0.62 on operating leverage from higher core ecommerce revenue.

Analyst Fawne Jiang commented, "BABA reported strong FY1Q17... More

Oppenheimer Raises price Target on Alibaba (BABA) to $115 Following 1Q

August 12, 2016 9:38 AM EDT

Oppenheimer reiterated an Outperform rating on Alibaba (NYSE: BABA), and raised the price target to $115.00 (from $110.00), following the company's 1Q earnings report.

Analyst Jason Helfstein commented, "Raising price target from $110 to $115 on extraordinary F1Q:17 results, with GMV/ revenue/EBITDA exceeding consensus by... More

Wedbush Raises Price Target on Alibaba (BABA) to $90 Following 1Q

August 12, 2016 8:44 AM EDT

Wedbush reiterated a Neutral rating on Alibaba (NYSE: BABA), and raised the price target to $90.00 (from $80.00), following the company's 1Q earnings report. Revenue grew to $4.84 billion and topped consensus of $4.54 billion. Adjusted EBITDA of $2.1 billion topped consensus of $2.0 billion on better-than-expected revenue.... More

Alibaba (BABA) PT Raised to $110 at Evercore ISI

August 12, 2016 7:16 AM EDT

Evercore ISI raised its price target on Alibaba (NYSE: BABA) to $110.00 (from $98.00) following "very solid" June quarter results.

The firm commented, "Alibaba impressed with another quarter of accelerated revenues on strong margins and user metrics while detailing the new segment... More

Macquarie Upgrades Alibaba (BABA) to Outperform

August 12, 2016 7:13 AM EDT

Macquarie upgraded Alibaba (NYSE: BABA) from Neutral to Outperform with a price target of $110.00 (from $76.00).

For an analyst ratings summary and ratings history on Alibaba click here. For more ratings news on Alibaba click here.

Shares of Alibaba closed at $91.77 yesterday.

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Raymond James Upgrades Alibaba (BABA) to Strong Buy

August 12, 2016 7:12 AM EDT

Raymond James upgraded Alibaba (NYSE: BABA) from Outperform to Strong Buy with a price target of $124.00 (from $95.00).

For an analyst ratings summary and ratings history on Alibaba click here. For more ratings news on Alibaba click here.

Shares of Alibaba closed at $91.77 yesterday.

... More

Alibaba (BABA) PT Raised to $104 at Baird Amid 'Impressive Growth'

August 11, 2016 1:44 PM EDT

Baird analyst Colin Sebastian reiterated an Outperform rating and raised his price target on Alibaba (NYSE: BABA) to $104.00 (from $94.00), noting impressive growth driven by commerce strength, Cloud momentum.

Sebastian commented, "F1Q17 performance highlighted by accelerating revenue growth(+59% Y/Y vs. +31% F4Q16; +47%... More

Alibaba (BABA) Posts Q1 Profit of RMB 4.90/Share, Topping Views

August 11, 2016 6:55 AM EDT

Alibaba (NYSE: BABA) reported Q1 EPS of RMB4.90, RMB0.70 better than the analyst estimate of RMB4.20. Revenue for the quarter came in at RMB32.2 billion versus the consensus estimate of RMB30.2 billion.

Mobile MAUs in June reached 427 million,... More