Alibaba Group FY2027 EPS Estimate Raised by Erste Group Bank

Alibaba Group Holding Limited (NYSE:BABA) – Erste Group Bank boosted their FY2027 earnings per share (EPS) estimates for Alibaba Group in a note issued to investors on Wednesday, February 18th. Erste Group Bank analyst H. Engel now forecasts that the specialty retailer will post earnings of $8.02 per share for the year, up from their prior forecast of $7.99. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Alibaba Group’s current full-year earnings is $7.86 per share.

BABA has been the topic of a number of other research reports. JPMorgan Chase & Co. cut their target price on shares of Alibaba Group from $240.00 to $230.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. Macquarie Infrastructure reissued an “outperform” rating on shares of Alibaba Group in a report on Tuesday, November 25th. Sanford C. Bernstein lowered their target price on Alibaba Group from $200.00 to $190.00 and set an “outperform” rating for the company in a report on Wednesday, November 26th. Loop Capital set a $140.00 target price on Alibaba Group in a research report on Tuesday, January 6th. Finally, Wall Street Zen lowered Alibaba Group from a “hold” rating to a “sell” rating in a research note on Friday, November 28th. Seventeen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Alibaba Group has an average rating of “Moderate Buy” and an average price target of $195.17.

Alibaba Group Trading Up 0.2%

BABA opened at $154.60 on Monday. The company’s 50 day moving average is $158.99 and its 200-day moving average is $156.76. The company has a market cap of $369.10 billion, a P/E ratio of 21.35, a PEG ratio of 3.38 and a beta of 0.39. Alibaba Group has a 1-year low of $95.73 and a 1-year high of $192.67. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.23.

Institutional Investors Weigh In On Alibaba Group

A number of institutional investors have recently made changes to their positions in BABA. Northwestern Mutual Wealth Management Co. raised its position in shares of Alibaba Group by 7,680.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,014,147 shares of the specialty retailer’s stock worth $881,554,000 after acquiring an additional 5,936,847 shares during the last quarter. Capital World Investors raised its holdings in Alibaba Group by 1,074.9% during the 3rd quarter. Capital World Investors now owns 6,038,318 shares of the specialty retailer’s stock worth $1,079,229,000 after purchasing an additional 5,524,354 shares during the last quarter. Norges Bank bought a new position in Alibaba Group during the 2nd quarter worth approximately $527,243,000. Alkeon Capital Management LLC acquired a new position in shares of Alibaba Group in the 2nd quarter worth approximately $184,291,000. Finally, Artisan Partners Limited Partnership bought a new stake in shares of Alibaba Group in the 3rd quarter valued at $290,208,000. Institutional investors own 13.47% of the company’s stock.

About Alibaba Group

Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.

The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.