Alibaba's Stock Plummets Nearly 70% from All-Time High
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 26 2026
0mins
Source: NASDAQ.COM
- Significant Stock Decline: Alibaba's stock has plummeted from a record high of $307.84 in October 2020 to around $95, representing a nearly 70% drop, which highlights the compressing valuation due to macroeconomic, competitive, and regulatory challenges that investors should not underestimate.
- Increased Regulatory Pressure: The Chinese government's antitrust crackdown in 2021 has weakened Alibaba's competitive edge in the e-commerce sector, leading to greater pressure on its cloud and e-commerce businesses, which could negatively impact its market share and profitability.
- Tariff Impact: While Alibaba generates most of its revenue domestically, the Trump Administration's tariffs pose a threat to its cross-border e-commerce operations, particularly affecting AliExpress's sales in the U.S., which may lead to an overall revenue decline.
- Future Growth Potential: Despite facing near-term challenges, analysts project Alibaba's revenue and EPS to grow at CAGRs of 11% and 20% from fiscal 2026 to 2029, indicating strong long-term growth potential in the e-commerce and cloud markets.
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Analyst Views on BABA
Wall Street analysts forecast BABA stock price to rise
15 Analyst Rating
15 Buy
0 Hold
0 Sell
Strong Buy
Current: 96.140
Low
180.00
Averages
203.09
High
230.00
Current: 96.140
Low
180.00
Averages
203.09
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 four segments. The Alibaba China E-commerce Group segment is mainly engaged in E-commerce business, including operating Tmall Supermarket and Tmall Global, providing customer management services, product sales, as well as logistics services. It also operates quick commerce business such as Taobao Instant Commerce and Ele.me, as well as the China commerce wholesale business through 1688.com. The Alibaba International Digital Commerce Group segment is mainly engaged in international commerce retail and wholesale business, operating platforms such as AliExpress, Trendyol, Lazada and Alibaba.com. The Cloud Intelligence Group segment mainly provides public and non-public cloud services. The Other segments primarily include the operations of Freshippo, Cainiao, Alibaba Health 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.
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- Security Strategy Upgrade: By implementing this ban, Alibaba seeks to improve its control over sensitive information, thereby reducing security threats that may arise from the use of external tools and ensuring the safety of its core technologies.
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