AutoNavi's New Product Launch: AutoNavi is set to launch a new product application based on its world model, which has excelled in spatial intelligence evaluations, according to sources from Sina Tech.
Establishment of Embodied Business Unit: AutoNavi has created an embodied business unit and is actively recruiting for various positions, including product specialists and data/algorithm engineers, to support this initiative.
Exploration of Robotics: The embodied business unit is exploring product forms such as robots and robodogs as part of its development strategy.
Market Context: The stock market context indicates high valuations in US stocks, suggesting caution in AI stock selection and advocating for flexible asset allocation across regions and sectors.
Wall Street analysts forecast 09988 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 09988 is USD with a low forecast of USD and a high forecast of 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.
0 Analyst Rating
Wall Street analysts forecast 09988 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 09988 is USD with a low forecast of USD and a high forecast of 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.
0 Buy
0 Hold
0 Sell
Current: 150.800
Low
Averages
High
Current: 150.800
Low
Averages
High
Morningstar
Morningstar
maintain
$251 -> $258
2025-11-27
Reason
Morningstar
Morningstar
Price Target
$251 -> $258
2025-11-27
maintain
Reason
The analyst rating for BABA-W (09988.HK) is influenced by several key factors outlined in the article. Morningstar's report highlights that despite a significant QoQ decline in adjusted EBITA, the management's forecast for the cloud intelligence business indicates a shift from 'accelerating' to 'high' revenue growth. The guidance for customer management revenue aligns with expectations, suggesting stability in that area.
Moreover, the broker believes that the company's business possesses a wide moat, indicating a competitive advantage, and that the market is underestimating the management's strong execution and the potential of the cloud business. This combination of factors leads to the conclusion that the company's value is still undervalued, with a fair value estimate significantly higher than the current stock price. Thus, the analyst maintains a positive outlook on BABA-W, reflecting confidence in its long-term growth potential despite short-term challenges.
CMBI
CMBI
Buy
downgrade
2025-11-26
Reason
CMBI
CMBI
Price Target
2025-11-26
downgrade
Buy
Reason
The analyst rating for BABA-W (09988.HK) is maintained at "Buy" by CMBI due to several factors. The company's revenue for 2FQ26 was RMB247.8 billion, which exceeded expectations, particularly driven by a strong performance in the cloud business, which grew by 34% YoY. CMBI also noted that the company's plan to reduce losses in the instant retail business aligns with market forecasts. Despite a slight decrease in the target price from US$209.4 to US$206.4, CMBI continues to view BABA-W as a core beneficiary in the AI sector, supporting their positive rating.
HSBC
HSBC Global Research
Buy
maintain
$205
2025-11-26
Reason
HSBC
HSBC Global Research
Price Target
$205
2025-11-26
maintain
Buy
Reason
The analyst rating from HSBC Global Research for BABA-W (09988.HK) is based on the encouraging growth of its cloud business, which accelerated to 34% year-over-year. The report highlights strong demand for AI, which is expected to continue driving robust growth in the cloud sector. The expanding backlog of AI-related demand indicates that demand exceeds supply, suggesting significant growth potential. As a result, HSBC raised its revenue forecasts for the cloud business for FY2026-2028 by 2-6%. Despite minor adjustments to overall estimations, the broker maintained a "Buy" rating and set a target price of US$205 for BABA-W's US stock and $200 for its H-shares.
BOCI
Buy
maintain
$187 -> $182
2025-11-26
Reason
BOCI
Price Target
$187 -> $182
2025-11-26
maintain
Buy
Reason
The analyst rating for Alibaba (BABA-W) is maintained as a "Buy" due to the company's solid 2QFY26 results, which showed a robust core business. The report highlighted a 5% year-over-year increase in total revenue, driven by a 10% increase in China's core e-commerce and a 34% growth in the cloud business. Despite a slight reduction in total revenue forecasts for FY2027-28, the net profit forecast remains largely unchanged, indicating confidence in the company's performance. The target prices set by the broker further reflect their positive outlook on Alibaba's future growth.
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.
