Alibaba (BABA) stock outperforms S&P 500 and Nasdaq, with positive analyst sentiment and earnings report coming
From Nasdaq: 2025-02-11 17:45:21
Alibaba (BABA) stock closed at $112.78, up 1.31% from the previous session, outperforming S&P 500 and Nasdaq. In the past month, the stock rose by 38.22%, leading the Retail-Wholesale sector. Earnings report on Feb 20, 2025, expects EPS of $3.08 and revenue of $38.19 billion, reflecting positive analyst sentiment.
Alibaba’s Zacks Consensus Estimates forecast $8.72 EPS and $137.23 billion revenue for the year, with recent revisions indicating analyst confidence in the company’s performance. Zacks Rank of #3 (Hold) suggests moderate outlook. Valued at a Forward P/E ratio of 12.77, BABA trades at a discount to industry average.
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Read more at Nasdaq: Alibaba (BABA) Exceeds Market Returns: Some Facts to Consider
