From Nasdaq:

Alibaba (BABA) recently closed at $68.93, showing a -0.76% move from the previous day’s closing price, lagging behind the S&P 500’s daily loss of 0.56%. Prior to this, shares of the online retailer had lost 7.87% over the past month, which is lower compared to the sector and S&P 500 gains.

Investors anticipate Alibaba’s upcoming earnings release, expecting an EPS of $2.73, marking a 2.15% drop. Revenue is expected to be $37.68 billion, a 4.89% increase over the previous year. The Zacks Consensus Estimates expect earnings of $8.86 per share and revenue of $132.68 billion for the entire year.
Investors should also monitor stock prices as it carries a Zacks Rank of #5 (Strong Sell).

The valuation of Alibaba shows a Forward P/E ratio of 7.84, at a discount compared to the average Forward P/E of 19.85 of its industry. The Internet-Commerce industry currently has a Zacks Industry Rank of 87, placing it within the top 35% of over 250 industries, which suggests a strong industry performance.

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