Barclays analyst Jiong Shao maintains $Alibaba (BABA.US)$ with a buy rating, and adjusts the target price from $137 to $130.
According to TipRanks data, the analyst has a success rate of 49.8% and a total average return of 7.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Alibaba (BABA.US)$'s main analysts recently are as follows:
The company's September quarter results met expectations, yet its ongoing investment cycle is impacting margins and has become a point of concern for investors. It is believed that maintaining a significant quarterly share buyback will ultimately yield positive results due to mathematical inevitabilities.
Following Alibaba's fiscal Q2 results, which were largely in-line with consensus, there is an expectation that China's consumer demand softness and deflationary pressure will continue in the near-term. Additionally, investments in AI and data computing are anticipated to rebound sequentially. Adjustments were made to the FY25-27 adjusted net profit forecasts, reflecting a more prolonged investment phase.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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