Alibaba (BABA) closed slightly lower than the S&P 500, with upcoming earnings projections

From Nasdaq: 2025-01-21 17:45:20

In the latest trading session, Alibaba (BABA) closed at $85.38, slightly lower than the S&P 500’s gain. Analysts project earnings of $3.08 per share and revenue of $38.46 billion for the upcoming earnings report. Recent revisions in estimates reflect changing business dynamics. Alibaba currently holds a Zacks Rank of #3 (Hold).

Alibaba is trading at a Forward P/E ratio of 9.77, a discount compared to its industry average. The PEG ratio, at 0.41, takes into account expected earnings growth. The Internet – Commerce industry has an average PEG ratio of 1.23 and a Zacks Industry Rank of 74. Stay updated on stock-moving metrics with Zacks.com.

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