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The company also aids other businesses with a vast array of digital and logistical solutions with a reach that spans the globe. The company’s eCommerce platforms include Taobao Marketplace, Tmall, Alimama, 1688.com, Alibaba.com, Aliexpress, Lazada, Trendyol, and Daraz. Taobao Marketplace is a social-media eCommerce platform while Alimama is a monetization platform for entrepreneurs. 1688.com and Alibaba.com are wholesale marketplaces where individuals and businesses can connect with bulk items and the remainder are eCommerce retail platforms and search engines targeting specific markets. In addition, the company also operated a retail chain called Freshippo and Tmall Global which is an import platform for eCommerce. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.36 average news sentiment score of Retail/Wholesale companies.

Alibaba stock

MarketBeat All Access members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks. Alibaba Group’s stock is owned by a variety of institutional and retail investors. The principal purpose of Alibaba Group Holding Limited is to open the Chinese market and connect it to the world. The company operates through seven segments including China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

China

Only 14.81% of the stock of Alibaba Group is held by institutions. Alibaba https://dotbig.com/ Group does not have a long track record of dividend growth.

In the years that followed, China’s economic progress w… International investing can be enriching, literally and figuratively, but it must be done selectively and only after conducting a great deal of due diligence. Sometimes, a big change – or the lack thereof, in China’s case … Synchronoss’ third-quarter results are expected to reflect an expanding partner base and customer base driven by strong demand for its cloud-based solutions. 6 reasons why one little-known copper mining company could be your best way to profit as copper prices resume climb to $10k.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. In the meantime, there’s a real risk that the Trump administration might take action to obstruct Alibaba’s business on American soil. Forex news Buying Alibaba shares is a direct bet on the Chinese economy, in the long run, magnified through the lens of booming e-commerce and cloud computing operations. The stock is also fairly affordable, trading at just 30 times trailing earnings and 25 times forward estimates.

Alibaba Estimates* In Cny

The results breezed by Wall Street’s consensus estimates, which had pointed to earnings near $1.98 per share on approximately $21.3 billion in top-line revenue. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or https://www.ig.com/en/forex/what-is-forex-and-how-does-it-work sell any security. The P/E ratio of Alibaba Group is 38.83, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.27. In the past three months, Alibaba Group insiders have not sold or bought any company stock.

  • Are challenging Alibaba’s inventory-free business model with their hyper-efficient takes on more traditional online retail models.
  • 6 reasons why one little-known copper mining company could be your best way to profit as copper prices resume climb to $10k.
  • Of the major tech companies, Meituan slumped 17%, Alibaba lost 9% and Tencent also fell 9%.
  • Political tension between Washington and Beijing is making that ambition difficult to pursue right now but investors should keep this expansionist agenda in mind for the long haul.
  • Receive a free world-class investing education from MarketBeat.
  • U.S.-listed shares of Chinese internet stocks were set to rally once again Monday amid new indications that China could be plans to relax COVID-19 restrictions.

Alibaba is expanding its operations outside Chinese borders, including a deep interest in starting direct e-commerce operations in the United States. Political tension between Washington and Beijing is making that ambition difficult to pursue right now but investors should keep this expansionist agenda in mind for the long haul. “The pandemic has fundamentally altered our macroeconomic environment and everyday Alibaba stock price life, but it has also introduced new opportunities,” Zhang said. The Hang Seng dropped 5% in late trade on Tuesday, skidding on concerns over regulatory action. Of the major tech companies, Meituan slumped 17%, Alibaba lost 9% and Tencent also fell 9%. Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more.

Alibaba Analyst Data

12.50% of the stock of Alibaba Group is held by insiders. A high Forex percentage of insider ownership can be a sign of company health.

21 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Alibaba Group in the last year. There are currently 2 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” BABA shares. Alibaba also supports the infrastructure of the Internet with a range of products and services that include computing, storage, network, security, database, big data, and IoT connectivity.

Copper Stocks Wont Stay Cheap For Much Longer

The company went public in September 2014 with an IPO on the NYSE. The IPO set a record with its valuation of $25 billion and the company is now worth more than $225 billion and ranked among the 10 most valuable companies by market cap. Alibaba is also ranked 5th largest globally in regards to its work in AI, and it owns the world’s largest B2B, B2C, and C2C eCommerce portals. https://dotbig.com/markets/stocks/BABA/ In 2022, Alibaba’s Singles Day event brought in $139 billion to set a new one-day record. Alibaba Group has a short interest ratio (“days to cover”) of 2.7, which is generally considered an acceptable ratio of short interest to trading volume. Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET.

Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. U.S.-listed shares of Chinese internet stocks were set to rally once again Monday amid new indications that China could be plans to relax COVID-19 dotbig restrictions. While a Chinese official maintained over the weekend that the… View our full suite of financial calendars and market data tables, all for free. Alibaba Group’s stock was trading at $118.79 on January 1st, 2022. Since then, BABA stock has decreased by 41.2% and is now trading at $69.81.

Some investors might prefer Pinduoduo or JD, but Alibaba offers the best balance between risk and long-term rewards, in my opinion. Alibaba Group saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling Alibaba stock 59,060,000 shares, an increase of 7.2% from the September 15th total of 55,070,000 shares. Based on an average trading volume of 20,240,000 shares, the short-interest ratio is currently 2.9 days. Approximately 2.2% of the company’s stock are sold short.

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