Positive.

From Nasdaq: 2024-07-06 00:22:20

Alibaba’s stock remains depressed with no meaningful recovery. Q4-2024 showed growth, pushing FY2025 revenues to $130.4 billion, 8% higher than FY2023. International expansion and cloud growth contributed positively. Profitability improved, with adjusted EBITA jumping 12% and net income rising 11%. The stock trades at a low forward P/E of 9x, with analysts predicting a 39.2% upside potential.

Alibaba’s recent performance and focus on capital returns through buybacks and dividends make its investment case increasingly promising. The stock, with significant upside potential, could attract investors back. Despite known risks, the potential rewards at Alibaba’s current valuation appear attractive. With a Strong Buy consensus and bullish outlook, Alibaba looks poised for growth.



Read more at Nasdaq: Alibaba Stock (NYSE:BABA): Bullish on Accelerating Growth, Growing Capital Returns