Jefferies Financial published a research report on July 9th, pointing out that Alibaba will strive to achieve its three-year plan, and the growth of users, orders, and total transaction value (GMV) of commodities is key in the first phase. Comprehensive marketing solutions, WXT and other products should be able to drive revenue growth in the second half of the 2025 fiscal year. The bank maintains its forecast for customer management revenue (CMR) growth. The bank expects overall EBITA to meet expectations, taking into account reinvestment in Taotian Group (TTG) and the availability improvement of Alibaba International Digital Business Group (AIDC). The bank expects that as of the end of June, AIDC's quarterly revenue will increase by 35% annually, and cloud intelligence business revenue will increase by 4% annually to 26.1 billion yuan. Jefferies has raised Alibaba's target price from HKD 110 to HKD 112 and maintains a 'buy' rating.
大行评级｜杰富瑞：阿里巴巴将致力达成其三年计划 上调目标价至112港元
Jefferies Financial stated that Alibaba will strive to achieve its three-year plan and its target price has been raised to HKD 112 by the rating agency.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.