Alibaba (BABA) Stock Moves -0.57%: What You Should Know
From Nasdaq: 2025-04-10 17:45:00
In the latest market close, Alibaba (BABA) reached $104.18, with a -0.57% movement compared to the previous day, outperforming the S&P 500, Dow, and Nasdaq, which all experienced losses. Heading into today, Alibaba’s shares had declined 23.6% over the past month.
Investors are anticipating Alibaba’s upcoming earnings report, with projected EPS of $1.37, down 2.14% from the previous year. Analysts estimate quarterly revenue at $33.21 billion, an 8.07% increase. Positive estimate revisions can signal optimism about the company’s future performance.
Alibaba currently holds a Zacks Rank of #1 (Strong Buy) with a Forward P/E ratio of 9.18, indicating undervaluation compared to the industry average. The Internet – Commerce industry, in which Alibaba operates, has a Zacks Industry Rank of 65, placing it in the top 27% of all industries.
Experts have identified 7 elite stocks with strong potential for early price pops, based on Zacks Rank #1 Strong Buys. These stocks have historically outperformed the market by over 2X, with an average annual gain of +23.9% since 1988. Investors are advised to closely monitor these selected stocks for potential growth opportunities.
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