Alibaba (BABA) stock closed at $182.78, rising +2.27% from the previous session, outperforming the S&P 500 and Nasdaq. Over the past month, shares surged 29%, surpassing the Retail-Wholesale sector. Analysts forecast EPS of $1.03 and revenue of $34.09 billion for the upcoming financial results.

Analysts project Alibaba’s full-year earnings at $7.72 per share and revenue of $144.19 billion, with the Zacks Consensus EPS estimate recently decreasing by 10.08%. The stock holds a Zacks Rank of #3 (Hold) and has a Forward P/E ratio of 23.14, indicating a premium to the industry average.

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Read more at Nasdaq: Why Alibaba (BABA) Outpaced the Stock Market Today