Alibaba ( (BABA) ) has been popular among investors this week. Here is a recap of the key news on this stock.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Alibaba has been experiencing a strong performance, nearly doubling its stock value year-to-date, driven by increased consumer spending in China and enhanced profitability in its e-commerce division. The company has also seen a rise in demand for its AI and cloud services, with Q1 FY26 results showing revenue of 247.7 billion yuan and a 26% year-over-year increase in cloud sales. Analysts are optimistic about Alibaba’s future, with expectations of $0.85 earnings per share on $34.22 billion revenue for Q2 FY26. Mizuho analyst James Lee has reaffirmed a Buy rating, raising the price target to $195, citing strong delivery growth and a growing presence in banking and financial services.
In comparison, Nio, an electric vehicle maker, has also shown significant growth with a 64% increase in stock value year-to-date, thanks to strong vehicle deliveries and renewed optimism in China’s EV market. However, analysts appear more confident in Alibaba’s near-term potential, with a Strong Buy rating and an average price target suggesting a 20% upside, compared to Nio’s Moderate Buy rating and a potential 5% downside.