BABA.N Surges as Stock Crosses Above 5-Day SMA
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 24 Nov 25
Source: NASDAQ.COM
Shares of Alibaba Group Holding (BABA.N) experienced a notable uptick today, crossing above its 5-day simple moving average, signaling a potential shift in momentum. This positive movement comes on the heels of the successful relaunch of its AI chatbot, Qwen, which achieved over 10 million downloads in its first week, bolstering investor confidence. The company's renewed focus on its core e-commerce business and strategic investments in artificial intelligence under new leadership appear to be paying off, as analysts maintain a Strong Buy consensus on the stock. Despite broader market volatility, Alibaba's advancements in AI and cloud services position it favorably for future growth.
Analyst Views on BABA
Wall Street analysts forecast BABA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BABA is 203.66 USD with a low forecast of 172.00 USD and a high forecast of 230.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
13 Buy
1 Hold
0 Sell
Strong Buy
Current: 171.370
Low
172.00
Averages
203.66
High
230.00
Current: 171.370
Low
172.00
Averages
203.66
High
230.00
About BABA
Alibaba Group Holding Ltd is an investment holding company mainly engaged in the provision of technology infrastructure and marketing platforms. The Company operates its business through nine segments. The China Commerce Retail segment is engaged in the China commerce retail business. The China Commerce Wholesale segment is mainly engaged in the operation of 1688.com. The Cloud Intelligence segment provides cloud services. The International Commerce Retail segment provides customer management services, sales of goods and logistics services. The International Commerce Wholesale segment is mainly engaged in the operation of Alibaba.com. The Cainiao Represents Logistics Services segment provides fulfilment services. The Local Services segment’s revenue includes platform commissions, logistics services revenue. The Digital Media and Entertainment segment engages in the operation of Youku and Alibaba. The All Others segment is mainly engaged in the Sun Art, Freshippo and other business.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
