Alibaba Group (NYSE:BABA) Trading 5.3% Higher – What’s Next?

Alibaba Group Holding Limited (NYSE:BABA) shot up 5.3% on Thursday . The stock traded as high as $155.29 and last traded at $154.60. 20,712,599 shares were traded during mid-day trading, an increase of 35% from the average session volume of 15,344,205 shares. The stock had previously closed at $146.75.

More Alibaba Group News

Here are the key news stories impacting Alibaba Group this week:

• Positive Sentiment: Maturing technical setup: Technical indicators across Chinese large-caps, including Alibaba, are turning bullish — a signal some momentum traders and funds may be buying into. Chinese Stock Charts Reach a Turning Point. What to Watch.
• Positive Sentiment: Product/tech progress: Alibaba’s Amap rolled out AI-powered 3D virtual tours for offline destinations — a tangible product enhancement that supports growth in local services and advertising monetization. Alibaba’s Amap rolls out AI-powered 3D virtual tours for offline destinations
• Positive Sentiment: Analyst stance: Morgan Stanley lowered its price target to $180 but kept an “overweight” rating, implying continued analyst confidence and a meaningful upside from current levels — supportive for investor sentiment despite the PT cut.
• Neutral Sentiment: Sector catalysts: Broader China/AI sector moves — e.g., discussion of strategic spin-offs at peers like Baidu — could lift re-rating hopes across the group, a contextual tailwind for Alibaba but not company‑specific. Why Baidu’s Quiet Spin-Off Could Unlock a Major Re-Rating (BABA)
• Negative Sentiment: Legal/investor risk: Pomerantz LLP has opened an investor investigation into Alibaba — a headline risk that can pressure sentiment and invite volatility until details are clarified. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Alibaba Group Holding Limited – BABA
• Negative Sentiment: Analyst caution and downgrades: Freedom Capital cut Alibaba from “strong-buy” to “hold,” and other analyst commentary highlights regulatory caution — both reduce near-term upward pressure from the sell‑side and can temper momentum. Zacks.com
• Negative Sentiment: Investor sentiment & performance headlines: Coverage noting strategic risks and underperformance vs. peers, plus recent writeups about Alibaba’s strategic gambles, add to the negative narrative that can cap gains. Alibaba’s Strategic Gamble Weighs on Investor Sentiment Regulatory Headwinds and Analyst Caution Weigh on Alibaba Shares
• Negative Sentiment: Recent trading pressure: Coverage and data noting recent intraday/near-term underperformance and a short-term slide have contributed to increased volatility and investor caution. Alibaba (BABA) Stock Slides as Market Rises: Facts to Know Before You Trade Alibaba Group Holding Ltd. ADR underperforms Tuesday when compared to competitors

Analysts Set New Price Targets

BABA has been the subject of several recent research reports. Bank of America increased their price target on Alibaba Group from $168.00 to $195.00 and gave the company a “buy” rating in a research report on Wednesday, September 24th. Weiss Ratings reissued a “buy (b-)” rating on shares of Alibaba Group in a report on Wednesday, October 8th. Mizuho set a $195.00 target price on shares of Alibaba Group in a report on Wednesday, October 22nd. Freedom Capital lowered shares of Alibaba Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Finally, Arete Research set a $172.00 price objective on shares of Alibaba Group in a research report on Tuesday, December 9th. Seventeen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $191.84.

Alibaba Group Trading Up 5.3%

The business has a 50 day moving average of $156.58 and a two-hundred day moving average of $145.47. The firm has a market cap of $368.89 billion, a P/E ratio of 21.35, a PEG ratio of 2.34 and a beta of 0.37. 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 Trading of Alibaba Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Kingstone Capital Partners Texas LLC grew its stake in Alibaba Group by 1,349,768.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 49,013,718 shares of the specialty retailer’s stock valued at $5,558,646,000 after buying an additional 49,010,087 shares during the last quarter. Primecap Management Co. CA boosted its holdings in shares of Alibaba Group by 0.7% during the second quarter. Primecap Management Co. CA now owns 20,764,276 shares of the specialty retailer’s stock worth $2,354,877,000 after acquiring an additional 140,579 shares during the period. Capital World Investors grew its position in shares of Alibaba Group by 1,074.9% in the third quarter. Capital World Investors now owns 6,038,318 shares of the specialty retailer’s stock valued at $1,079,229,000 after purchasing an additional 5,524,354 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of Alibaba Group by 0.5% during the third quarter. Fisher Asset Management LLC now owns 5,293,597 shares of the specialty retailer’s stock worth $946,125,000 after purchasing an additional 26,156 shares during the period. Finally, Norges Bank acquired a new stake in Alibaba Group during the 2nd quarter worth approximately $527,243,000. Institutional investors own 13.47% of the company’s stock.

Alibaba Group Company Profile

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.