2024.08.21
2024.07.25 Alibaba Stock Forecast & Predictions for 2024 and Beyond
Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/
The decline in Alibaba's share price, which operates in internet commerce and has assets in cloud computing, media, and entertainment, is not unjustified.
Over the past four years, the share price has declined to initial public offering (IPO) levels and is currently in a consolidation phase. This is due to a number of factors, including pressure on China's technology sector, US restrictions on semiconductor exports to China, and the decline in the real estate market (Evergrande bankruptcy), among others.
A reasonable inquiry would be whether it is currently a prudent investment to purchase Alibaba stock, and whether its value will appreciate in the coming years.
In light of these challenges, Alibaba remains committed to expanding its business, investing its capital wisely, and maintaining its market position, despite a slight decline.
Analytical agencies anticipate that the share price may exceed $100 by 2024–2025. However, a number of experts project a less optimistic outlook for the asset's near-term value. For instance, some analysts anticipate that #BABA quotes will range between $38.68 and $70.38 over the remainder of the current year.
The article covers the following subjects:
- Key Takeaways: #BABA Stock Forecast for 2024-2030
- BABA Stock Price Today, Coming Days and Week
- Alibaba Stock Price Forecast for 2024 – Experts Predictions
- Alibaba Stock Technical Analysis
- Long-Term Alibaba Shares Technical Analysis for 2024
- Long-Term Trading Plan for Alibaba Group (#BABA)
- Alibaba Share Forecast for 2025
- Long-Term Alibaba Stock Forecast 2026-2030
- How Did the Price of Alibaba Change Over Time?
- About Alibaba
- Factors That May Impact Alibaba
- What Is the Future of the Alibaba Stock Price? Is Alibaba Still a Good Investment?
- Alibaba Stock Forecast FAQ
Key Takeaways: #BABA Stock Forecast for 2024-2030
Several factors can influence Alibaba's share price, including the demand for the company's new services, the level of competition within the industry, government and international regulation, and the broader state of global markets.
Many experts have offered their insights on the potential trajectory of #BABA shares in the coming year. For instance, analysts anticipate that the stock price may fluctuate within a range of $65.74 to $86.92. Some experts have expressed concerns about the future of the company, with predictions such as Gov Capital anticipating a decline to $38.68 by the end of the year.
Some optimistic forecasts for 2025 suggest that #BABA could potentially reach a level of up to $156.52. Some analysts also anticipate a decline toward $50.78 or even lower.
Long-term forecasts for Alibaba stock for 2026-2036 vary among analysts. Top experts predict a rise to $237.50 per share, while some expect a significant increase in #BABA to $759.92. Several analytical agencies give more moderate, even pessimistic forecasts, with the share price expected to range between $16.00 and $84.47.
BABA Stock Price Today, Coming Days and Week
When forecasting Alibaba's (#BABA) price, consider recent company news, e-commerce and tech sector trends, and overall market sentiment.
Pay attention to regulatory developments in China, as these can significantly impact Alibaba.
Use technical analysis tools like Moving Averages and the RSI to determine short-term trends.
Additionally, monitor global economic indicators and geopolitical events, as they can influence investor behavior and market dynamics.
Gaining insight into these factors offers a comprehensive view of the potential price trajectory of #BABA in the coming days and weeks.
Alibaba Stock Price Forecast for 2024 – Experts Predictions
Analysts have provided a range of estimates regarding Alibaba's stock price in 2024. The majority concur that the rate will fall to the range between $65.74 and $86.92 by the end of December.
However, some experts offer pessimistic forecasts, anticipating a more pronounced decline to the $31.69–$38.68 range. Conversely, the optimistic forecast assumes growth to $103.94–$135.00.
Trading Economics
Price range for 2024: $65.74 – $70.38 (as of July 19, 2024).
Trading Economics predicts that Alibaba's share price will continue to decline and could fall to $65.74 by the end of the year. By the end of the current quarter, the price will likely hover near $70.38.
Stock Analysis
Price range for 2024: $85.00 – $135.00 (as of July 19, 2024).
According to Stock Analysis, the average target price for #BABA stock is $107.15 with the low and high at $85.00 and $135.00 respectively. Analysts expect #BABA's value to gain 39.99% by the end of 2024. The consensus estimate is 'Strong Buy.'
Year | Minimum, $ | Average, $ | Maximum, $ |
2024 | 85.00 | 107.15 | 135.00 |
Predict-Price
Price range for 2024: $31.69 – $103.94 (as of July 19, 2024).
Predict-Price's AI-based forecasts suggest that the probability of growth in 2024 is more than 18%. In a bullish scenario, the price could rise to $103.94. In a bearish scenario, the share price may slide to $31.69.
CoinPriceForecast
Price range for 2024: $72.17 – $84.03 (as of July 19, 2024).
According to experts at CoinPriceForecast, the average price could be $84.03 per share at the end of 2024.
Year | Mid-Year, $ | Year-End, $ | Change |
2024 | 72.17 | 84.03 | 8 % |
LongForecast
Price range for 2024: $70.32 – $98.50 (as of July 19, 2024).
LongForecast projects that by the end of the third quarter, Alibaba stock may rise to $91.20. At the same time, the maximum price will reach $98.50. By the end of 2024, the #BABA rate will stand at $90.09.
Month | Opening price, $ | Min–Max, $ | Closing price, $ | Change |
2024 | ||||
September | 91.20 | 77.30–91.20 | 84.02 | 16.4% |
October | 84.02 | 80.20–94.14 | 87.17 | 20.8% |
November | 87.17 | 82.53–96.89 | 89.71 | 24.3% |
December | 89.71 | 82.88–97.30 | 90.09 | 24.8% |
WalletInvestor
Price range for 2024: $62.59 – $77.25 (as of July 19, 2024).
WalletInvestor expects Alibaba stock to decline over the next two quarters and hit $68.67 per share by the end of the year.
Month | Opening price, $ | Closing price, $ | Minimum price, $ | Maximum price, $ | Change |
2024 | |||||
September | 76.27 | 68.99 | 68.99 | 76.64 | -10.54 %▼ |
October | 69.54 | 73.27 | 69.53 | 73.63 | 5.08 % ▲ |
November | 73.09 | 68.78 | 68.78 | 73.09 | -6.27 %▼ |
December | 68.27 | 63.35 | 62.59 | 68.67 | -7.76 %▼ |
CoinCodex
Price range for 2024: $65.05 – $86.92 (as of July 19, 2024).
According to the technical analysis by Coincodex, most indicators give bearish signals on #BABA shares. In addition, the market sentiment is also assessed as bearish. However, analysts forecast the quotes to rise to $86.92 by the end of 2024. This forecast is based on the historical performance of #BABA over the past 10 years.
Year | Average price, $ | Change |
2024 | 86.92 | 12.83 % |
GovCapital
Price range for 2024: $38.68 – $70.69 (as of July 19, 2024).
Analysts at GovCapital give pessimistic forecasts for Alibaba securities in 2024. Based on the projections, the price is expected to reach $47.82 by the end of the third quarter and decline further to $38.68 by the end of the year.
Date | Average price, $ | Minimum price possible, $ | Maximum price possible, $ |
August 31, 2024 | 61.69 | 52.43 | 70.94 |
September 01, 2024 | 63.56 | 54.02 | 73.09 |
September 30, 2024 | 47.82 | 40.64 | 54.99 |
October 01, 2024 | 46.80 | 39.78 | 53.82 |
October 31, 2024 | 47.21 | 40.13 | 54.29 |
November 01, 2024 | 49.62 | 42.17 | 57.06 |
November 30, 2024 | 40.34 | 34.29 | 46.40 |
December 01, 2024 | 38.77 | 32.95 | 44.58 |
December 31, 2024 | 38.68 | 32.88 | 44.48 |
Alibaba Stock Technical Analysis
Let’s forecast the trajectory of the Alibaba share price for the second half of 2024. To this end, we will employ time frames ranging from H4 to MN.
The use of technical indicators, including MACD, the RSI, tick volume, VWAP, and the simple moving average (SMA), in conjunction with the money flow indicator (MFI), will facilitate a more comprehensive and precise analysis.
These tools will enable us to gauge the strength of the current trend, accumulation and distribution phases, monitor cash outflows/inflows, as well as identify overbought and oversold zones.
In addition to the technical analysis tools, consider candlestick and large chart patterns. They can be used to identify key support and resistance levels, potential price reversal levels, and more favorable market entry points.
The BABA price chart frequently generates reversal patterns, including "Hammer," "Hanging man," candlestick patterns, as well as "Bull flag" and "Bear flag," "Pennant," "Morning star" and "Evening star" patterns.
It is better to begin with the monthly chart to examine the prevailing market phase and the overall trend in Alibaba shares.
On the monthly time frame, the asset consolidates within a range of 58.02–103.35 after reaching the low of 58.00 in September 2022.
Notably, the price formed "Inverted hammer" patterns in March and October 2023, signaling the upcoming downtrend reversal once the price leaves the consolidation range.
The MACD value is in the positive zone with minimal changes, confirming the ongoing consolidation phase. The RSI is smoothly increasing with values currently at 42, giving no buy or sell signals.
The Money Flow Index is increasing, indicating a net inflow of liquidity into the asset.
Conversely, the VWAP indicator and the SMA20 are above the current price. This further suggests that there is a prevailing bearish pressure. Additionally, a decline in tick volume indicates waning interest from market participants.
The preliminary assessment of #BABA stock indicates that it is likely to maintain neutral dynamics within the determined lows and highs for the next six months. However, the price may rise above 103.35 and continue to appreciate towards 121.72 and beyond.
The negative scenario is unlikely to occur as the price has already plunged below the 9-year low of 58.00, and bulls will likely keep the quotes above this level.
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#BABA Stock Analysis For Next Three Months
Let's use the H4 and D1 time frames to determine the Alibaba stock price movement for the next three months.
A large "Symmetrical triangle" pattern is forming on the 4-hour time frame. Notably, the price may pierce either its downward or upward boundary.
Technical indicators point to bearish pressure. Tick volume is decreasing, showing fewer trades on the instrument. The MFI has rebounded from the upper boundary and is falling, indicating the outflow of funds from the asset.
The RSI has reversed in the overbought zone, declining near the 52 mark. The MACD is also declining in the positive zone to the zero boundary, showing strength of bears.
The VWAP is above the current price, while the SMA20 is below it. This shows market uncertainty, which is typical when a "Symmetrical triangle" pattern emerges on the chart.
The daily chart displays a more detailed construction of a "Symmetrical triangle" pattern. It includes "Inverted hammer" and "Hammer'' bullish reversal candlestick patterns, as well as a "Rickshaw man doji" candlestick pattern, signaling market uncertainty.
The weighted average price according to the VWAP indicator and the SMA20 are below the asset's price, generating a buy signal. The MACD is smoothly descending to the zero line, indicating a decrease in buying interest. RSI values are also heading lower, but are still above 51, indicating neutral price movement. The MFI is moving sideways, holding above 55 and pointing to a slowdown in money flow into the asset.
Most likely, the price will continue to move within the "Symmetrical triangle" pattern for the next few months, breaking through the pattern's upper boundary. This is indicated by the "Hammer" and "Inverted hammer" reversal candlestick patterns. This scenario will be confirmed when the key resistance level of 80.97 is breached. If the price consolidates above this level, it will be possible to open long trades with targets in the 88.76–103.35 area.
Long-Term Alibaba Shares Technical Analysis for 2024
Let's perform a technical analysis on a weekly time frame to determine the direction of Alibaba's stock price until the end of 2024.
The price has formed a "Bullish engulfing" candlestick pattern, indicating that bulls are pushing the price higher and that a bullish reversal is imminent.
The values of the RSI indicator have turned upward and are holding above 50, indicating that the price is expected to rise. The stock price is moving between the VWAP indicator's weighted average line and the SMA20, pointing to market uncertainty.
The MACD indicator is hovering near the zero line, indicating that the consolidation continues. The MFI is moving horizontally. There are no clear buy signals.
If the price settles above 88.76, Alibaba Group stock may surge to the level of 121.72 by the end of 2024.
Below is a table of potential lows and highs for the current year.
Month | Alibaba Group (#BABA) Projected Price Values | |
Minimum, $ | Maximum, $ | |
September | 73.66 | 86.33 |
October | 84.62 | 103.11 |
November | 88.04 | 104.48 |
December | 87.02 | 110.64 |
Long-Term Trading Plan for Alibaba Group (#BABA)
Currently, the price of #BABA is moving within the 66.63–88.76 range. The further trend will be determined when the price breaks out of this range.
Most likely, bulls will try to drag the price to the 88.76 level in the second half of 2024. If the price settles above this level, it is likely to rise to the 103.35–147.70 area.
Trading plan for three months
The price is likely to continue to move within the large "Symmetrical triangle" pattern in the near future. The stock price can breach one of its boundaries.
If the price pierces the 80.97 level, #BABA quotes may rise to 103.35 during the current quarter.
If bears manage to settle the price below 75.50, it may decline to 58.02, reaching new lows.
Key support levels: 58.02, 66.63, 71.86, 75.50.
Key resistance levels are: 80.97, 88.76, 96.66, 103.35.
Trading plan for 2024
Since the price is consolidating within the 66.63-88.76 range on lower volume, there are no clear buy or sell signals. However, a "Bullish engulfing" pattern and the RSI positive values suggest an upward movement in the near future.
A breakout and consolidation above 88.76 may allow the price to rise to 121.72 by the end of 2024.
Key support levels: 66.63, 58.02, 33.71.
Key resistance levels: 88.76, 103.35, 121.72, 147.70.
Alibaba Share Forecast for 2025
In 2025, experts anticipate that Alibaba shares will maintain a bullish rally and reach $115.13 – $156.52. However, some analysts have a different standpoint.
CoinPriceForecast
Price Range for 2025: $89.72 – $90.85 (as of July 19, 2024).
CoinPriceForecast expects Alibaba's share price to rise to $89.72 by mid-2025. At the end of the year, analysts expect the value of the asset to touch $90.85 per share.
Year | Mid-Year, $ | Year-End, $ | Change |
2025 | 89.72 | 90.85 | 16% |
Predict-Price
Price Range for 2025: $6.76 – $115.13 (as of July 19, 2024).
According to Predict-Price, #BABA may reach the level of $115.13 in a bullish scenario. At the same time, experts assume that such a scenario is unlikely. With a probability of more than 20%, quotes are expected to fall in 2025. In the worst-case scenario, the share price may fall to $6.76.
WalletInvestor
Price Range for 2025: $50.78 – $71.23 (as of July 19, 2024).
Analysts at WalletInvestor predict that Alibaba's share price will range between $59.83 and $71.23 in the first half of 2025. By the end of the year, experts predict a decline down to $51.77.
Month | Opening price, $ | Closing price, $ | Minimum price, $ | Maximum price, $ | Change |
2025 | |||||
January | 63.76 | 69.99 | 63.74 | 71.23 | 8.9 % ▲ |
February | 69.25 | 64.73 | 64.73 | 69.59 | -6.98 %▼ |
March | 63.23 | 62.71 | 59.83 | 63.31 | -0.83 %▼ |
April | 63.38 | 62.50 | 61.74 | 63.74 | -1.41 %▼ |
May | 62.23 | 61.41 | 60.50 | 62.59 | -1.34 %▼ |
June | 61.98 | 65.37 | 61.98 | 66.16 | 5.19 % ▲ |
July | 65.96 | 66.15 | 65.96 | 69.41 | 0.29 % ▲ |
August | 65.58 | 64.87 | 62.01 | 65.58 | -1.09 %▼ |
September | 64.69 | 57.81 | 57.30 | 65.15 | -11.89 %▼ |
October | 58.00 | 61.49 | 57.72 | 61.97 | 5.67 % ▲ |
November | 61.01 | 57.20 | 57.20 | 61.39 | -6.67 %▼ |
December | 56.71 | 51.77 | 50.78 | 57.15 | -9.56 %▼ |
CoinCodex
Price Range for 2025: $80.81 – $86.92 (as of July 19, 2024).
Analysts at CoinCodex expect Alibaba Group's shares to decline in 2025 after rising to $86.92 in 2024. The average price will hover near $80.81.
Year | Average price, $ | Change |
2025 | 80.81 | 4.90% |
LongForecast
Price Range for 2025: $85.36 – $156.52 (as of July 19, 2024).
Analysts at LongForecast predict a continuation of the bullish rally in 2025. The price is expected to reach $104.79 in the first half of the year. In the second half of the year, analysts expect the price to range between $97.63 and $156.52 and reach $144.93 by the end of the year.
Month | Opening price, $ | Min–Max price, $ | Closing price, $ |
2025 | |||
January | 90.09 | 85.36–100.20 | 92.78 |
February | 92.78 | 86.75–101.83 | 94.29 |
March | 94.29 | 90.88–106.68 | 98.78 |
April | 98.78 | 93.21–109.43 | 101.32 |
May | 101.32 | 94.36–110.76 | 102.56 |
June | 102.56 | 96.41–113.17 | 104.79 |
July | 104.79 | 97.63–114.61 | 106.12 |
August | 106.12 | 106.12–131.80 | 122.04 |
September | 122.04 | 112.75–132.35 | 122.55 |
October | 122.55 | 113.13–132.81 | 122.97 |
November | 122.97 | 117.37–137.79 | 127.58 |
December | 127.58 | 127.58–156.52 | 144.93 |
GovCapital
Price Range for 2025: $29.82 – $150.03 (as of July 19, 2024).
GovCapital gives disappointing forecasts for the first half of 2025. The price is expected to fluctuate in the range $29.82-$47.98 until July. In the same month, the value may rise sharply to $150.03. By the end of 2025, experts anticipate the price to hit $131.44.
Date | Average price, $ | Minimum price possible, $ | Maximum price possible, $ |
January 01, 2025 | 39.59 | 33.65 | 45.53 |
January 31, 2025 | 46.36 | 39.41 | 53.32 |
February 01, 2025 | 47.98 | 40.78 | 55.18 |
February 28, 2025 | 33.98 | 28.88 | 39.08 |
March 01, 2025 | 35.54 | 30.21 | 40.87 |
March 31, 2025 | 39.39 | 33.48 | 45.30 |
April 01, 2025 | 40.38 | 34.32 | 46.44 |
April 30, 2025 | 32.13 | 27.31 | 36.95 |
May 01, 2025 | 31.92 | 27.13 | 36.71 |
May 31, 2025 | 29.82 | 25.34 | 34.29 |
June 01, 2025 | 30.17 | 25.64 | 34.70 |
June 30, 2025 | 34.80 | 29.58 | 40.02 |
July 01, 2025 | 35.59 | 30.25 | 40.93 |
July 31, 2025 | 150.03 | 127.52 | 172.53 |
August 01, 2025 | 147.72 | 125.56 | 169.88 |
August 31, 2025 | 145.06 | 123.30 | 166.82 |
September 01, 2025 | 145.00 | 123.25 | 166.75 |
September 30, 2025 | 133.18 | 113.20 | 153.15 |
October 01, 2025 | 134.03 | 113.92 | 154.13 |
October 31, 2025 | 126.13 | 107.21 | 145.05 |
November 01, 2025 | 128.21 | 108.98 | 147.44 |
November 30, 2025 | 129.82 | 110.35 | 149.29 |
December 01, 2025 | 127.96 | 108.76 | 147.15 |
December 31, 2025 | 131.44 | 111.72 | 151.15 |
Long-Term Alibaba Stock Forecast 2026-2030
Analysts have different projections for Alibaba stock in 2026–2036 due to the difficulty of forecasting for such a long period of time. In addition, Alibaba shares have been directly impacted by geopolitics and macroeconomic factors.
Coincodex
Analysts at CoinCodex forecast that #BABA will display growth between 2026 and 2030. Market analysts anticipate that the value of the Alibaba shares may rise to $102.63 from $84.77.
Year | Average price, $ | Change |
2026 | 84.77 | 10.03% |
2027 | 88.92 | 15.42% |
2028 | 93.27 | 21.07% |
2029 | 97.84 | 27.00% |
2030 | 102.63 | 33.22% |
GovCapital
GovCapital positively assesses the future of Alibaba shares. By the end of 2026, the price may rise to $264.32. By July 2029, the average price of the asset may reach $759.92.
Date | Average price, $ | Minimum price possible, $ | Maximum price possible, $ |
January 01, 2026 | 131.38 | 111.67 | 151.08 |
December 31, 2026 | 264.32 | 224.67 | 303.97 |
January 01, 2027 | 264.13 | 224.51 | 303.74 |
December 31, 2027 | 444.97 | 378.22 | 511.72 |
January 01, 2028 | 445.13 | 378.36 | 511.90 |
December 31, 2028 | 583.70 | 496.14 | 671.25 |
January 01, 2029 | 582.87 | 495.44 | 670.30 |
July 19, 2029 | 759.92 | 645.93 | 873.91 |
Predict-Price
In 2026, Predict-Price forecasts neutral dynamics for #BABA shares. In a bullish scenario, the price may reach $126.32. If a bearish trend develops, quotes may fall to $6.76. However, the probability of such an outcome is slightly more than 1%.
CoinPriceForecast
CoinPriceForecast specialists also provide a bullish forecast for #BABA shares. Thus, by the end of 2030, quotes may grow to $179.91. By the end of 2036, further growth to $237.50 is expected.
Year | Mid-Year, $ | Year-End, $ |
2026 | 91.79 | 98.54 |
2027 | 105.12 | 118.64 |
2028 | 129.77 | 135.89 |
2029 | 148.12 | 159.14 |
2030 | 168.26 | 179.91 |
2031 | 183.62 | 187.49 |
2032 | 191.52 | 195.73 |
2033 | 200.13 | 204.73 |
2034 | 209.55 | 214.60 |
2035 | 219.90 | 225.47 |
2036 | 231.33 | 237.50 |
LongForecast
According to LongForecast, the #BABA exchange rate will range between $98.28–$180.35 and close at $120.84 by the end of 2026. Between 2027 and 2028, analysts predict the start of a bearish trend. Thus, quotes may decline to $84.47 by August 2028.
Month | Opening price, $ | Min–Max price, $ | Closing price, $ |
2026 | |||
January | 144.93 | 113.33–144.93 | 123.19 |
February | 123.19 | 123.19–153.00 | 141.67 |
March | 141.67 | 133.59–156.83 | 145.21 |
April | 145.21 | 145.21–180.35 | 166.99 |
May | 166.99 | 130.58–166.99 | 141.94 |
June | 141.94 | 111.47–141.94 | 121.16 |
July | 121.16 | 115.63–135.73 | 125.68 |
August | 125.68 | 98.28–125.68 | 106.83 |
September | 106.83 | 106.83–132.68 | 122.85 |
October | 122.85 | 104.13–122.85 | 113.18 |
November | 113.18 | 108.03–126.81 | 117.42 |
December | 117.42 | 111.17–130.51 | 120.84 |
2027 | |||
January | 120.84 | 109.31–128.33 | 118.82 |
February | 118.82 | 112.57–132.15 | 122.36 |
March | 122.36 | 105.24–123.54 | 114.39 |
April | 114.39 | 110.24–129.42 | 119.83 |
May | 119.83 | 98.90–119.83 | 107.50 |
June | 107.50 | 94.04–110.40 | 102.22 |
July | 102.22 | 85.85–102.22 | 93.32 |
August | 93.32 | 81.48–95.66 | 88.57 |
September | 88.57 | 88.57–110.01 | 101.86 |
October | 101.86 | 94.11–110.47 | 102.29 |
November | 102.29 | 92.81–108.95 | 100.88 |
December | 100.88 | 78.89–100.88 | 85.75 |
2028 | |||
January | 85.75 | 85.75–105.20 | 97.41 |
February | 97.41 | 76.18–97.41 | 82.80 |
March | 82.80 | 82.80–102.84 | 95.22 |
April | 95.22 | 89.79–105.41 | 97.60 |
May | 97.60 | 97.60–121.22 | 112.24 |
June | 112.24 | 87.77–112.24 | 95.40 |
July | 95.40 | 74.92–95.40 | 81.43 |
August | 81.43 | 77.71–91.23 | 84.47 |
WalletInvestor
WalletInvestor expects Alibaba's share price to decline in 2026–2029. Thus, the price will fall to $39.72 by the end of 2026. In 2027–2029, the bearish trend will continue and the price may reach $21.55 by the end of July 2029.
Month | Opening price, $ | Closing price, $ | Minimum price, $ | Maximum price, $ | Change |
2026 | |||||
January | 51.69 | 58.52 | 51.69 | 59.45 | 11.66 % ▲ |
February | 57.78 | 53.54 | 53.54 | 58.11 | -7.91 %▼ |
March | 52.09 | 51.49 | 48.13 | 52.16 | -1.15 %▼ |
April | 51.82 | 50.49 | 50.03 | 52.15 | -2.62 %▼ |
May | 50.43 | 49.46 | 48.72 | 50.94 | -1.96 %▼ |
June | 49.94 | 54.18 | 49.94 | 54.44 | 7.83 % ▲ |
July | 54.41 | 54.48 | 54.19 | 57.85 | 0.13 % ▲ |
August | 52.87 | 53.04 | 50.43 | 53.15 | 0.32 % ▲ |
September | 53.53 | 46.28 | 45.66 | 53.61 | -15.65 %▼ |
October | 45.99 | 49.85 | 45.94 | 50.27 | 7.74 % ▲ |
November | 49.46 | 45.15 | 45.15 | 49.89 | -9.55 %▼ |
December | 45.56 | 39.72 | 39.01 | 45.62 | -14.71 %▼ |
2027 | |||||
January | 39.84 | 47.03 | 39.84 | 47.71 | 15.29 % ▲ |
February | 46.31 | 42.33 | 42.33 | 46.65 | -9.4 %▼ |
March | 40.93 | 39.92 | 36.49 | 41.02 | -2.53 %▼ |
April | 39.78 | 38.69 | 38.31 | 40.52 | -2.82 %▼ |
May | 38.58 | 37.93 | 37.00 | 39.27 | -1.71 %▼ |
June | 38.70 | 42.64 | 38.70 | 42.73 | 9.25 % ▲ |
July | 42.39 | 43.36 | 42.38 | 46.29 | 2.24 % ▲ |
August | 41.76 | 41.86 | 38.64 | 41.86 | 0.24 % ▲ |
September | 42.01 | 34.28 | 34.06 | 42.01 | -22.53 %▼ |
October | 34.19 | 38.18 | 34.18 | 38.54 | 10.44 % ▲ |
November | 37.87 | 33.99 | 33.57 | 38.36 | -11.42 %▼ |
December | 34.06 | 27.88 | 27.33 | 34.06 | -22.15 %▼ |
2028 | |||||
January | 28.45 | 34.85 | 28.45 | 36.15 | 18.36 % ▲ |
February | 35.18 | 29.86 | 29.76 | 35.18 | -17.82 %▼ |
March | 29.59 | 27.95 | 24.93 | 29.59 | -5.88 %▼ |
April | 28.10 | 26.96 | 26.62 | 28.85 | -4.24 %▼ |
May | 26.86 | 27.10 | 25.33 | 27.58 | 0.9 % ▲ |
June | 27.06 | 30.58 | 27.06 | 31.10 | 11.51 % ▲ |
July | 30.70 | 30.66 | 30.66 | 34.64 | -0.15 %▼ |
August | 30.70 | 30.02 | 26.86 | 30.70 | -2.27 %▼ |
September | 29.87 | 22.49 | 22.49 | 29.87 | -32.78 %▼ |
October | 22.38 | 26.71 | 22.38 | 26.78 | 16.19 % ▲ |
November | 26.80 | 22.08 | 21.98 | 26.80 | -21.34 %▼ |
December | 21.88 | 16.00 | 15.73 | 21.88 | -36.7 %▼ |
2029 | |||||
January | 16.38 | 23.70 | 16.38 | 24.53 | 30.86 % ▲ |
February | 23.21 | 18.43 | 18.43 | 23.21 | -25.89 %▼ |
March | 17.70 | 16.04 | 13.30 | 17.70 | -10.4 %▼ |
April | 16.30 | 15.12 | 14.95 | 17.13 | -7.74 %▼ |
May | 15.67 | 15.04 | 13.70 | 15.86 | -4.2 %▼ |
June | 15.20 | 18.83 | 15.20 | 19.45 | 19.27 % ▲ |
July | 18.84 | 21.55 | 18.84 | 21.55 | 12.56 % ▲ |
How Did the Price of Alibaba Change Over Time?
BABA stock has faced significant volatility within the Nasdaq, influenced by economic headwinds from China. In 2022, the stock price for BABA dropped 25.84%, reflecting consensus concern over inflation and less optimistic financial forecasts. Despite the downturn, the long-term outlook based on indicators like moving averages and analyst price targets from platforms like TipRanks remains cautiously optimistic, with some considering BABA stock a potentially good stock to buy at a premium.
Historical performance varied, with a notable rise in 2017 of 96.37% but a sharp decline of 48.96% in 2021, underscoring the stock's unpredictable nature. As investors scrutinize the 12-month price and Alibaba's EPS, the mixed financial forecast and China's regulatory cloud suggest a careful approach for those seeking long-term value in their portfolios.
About Alibaba
Alibaba Group Holding Limited, founded by Jack Ma in 1999 in Hangzhou, China, has become an e-commerce behemoth with a global footprint. Initially developed in the founder's apartment, Alibaba has expanded far beyond its origins to embody the spirit of making it easy to do business anywhere. By the end of 2001, Alibaba.com boasted over one million registered users, beginning its rapid ascent in the digital marketplace. The group's landmark moments include the launch of AliExpress in 2010 and its historic initial public offerings on the New York Stock Exchange in 2014 and the Hong Kong Stock Exchange five years later, symbolizing its vast influence in Eastern and Western financial markets for the last 10 years.
Alibaba's ecosystem, enriched by more than a billion active annual users, showcases its unparalleled scale and diversity within the e-commerce, artificial intelligence, and cloud computing domains. The group's extensive portfolio, including Taobao, Tmall, AliExpress, and Alibaba Cloud, highlights its dominance across many sectors, facilitating C2C, B2B, and B2C transactions. This financial powerhouse's strategic moves, underscored by a significant market presence and an ambitious vision, reflect a relentless pursuit of innovation and global expansion, continually shaping the future of commerce and digital technology worldwide.
Factors That May Impact Alibaba
Alibaba Group Holding Limited faces several critical factors and issues that could impact its future performance and stock valuation. Understanding these elements is essential for investors and analysts to gauge Alibaba's potential market movements, financial health, and strategic positioning.
1. International Markets
International markets are pivotal for Alibaba Group Holding Limited, offering growth opportunities and posing challenges due to economic fluctuations and varying consumer preferences. The company's ability to adapt to these international trends significantly influences its stock forecast and financial performance. Analysts must account for these global market dynamics when estimating Alibaba's future trajectory, impacting the company's average stock rate and target predictions.
2. Competitors
Competition represents a crucial factor affecting Alibaba's market dominance. The presence of strong competitors, both within China and internationally, requires Alibaba to innovate and refine its strategies continuously. This competitive landscape can influence Alibaba's stock performance as investors and analysts evaluate Alibaba's capacity to maintain or expand its market share against its rivals, potentially affecting the company's stock price and financial stability.
3. Government Regulations
Government regulations in China and other operational territories significantly impact Alibaba Group Holding Limited. Regulatory changes related to e-commerce, data protection, and cross-border trade can affect Alibaba's business operations and financial results. Analysts closely monitor these regulations, as they can lead to adjustments in the stock forecast, predictions, and overall financial estimates for Alibaba.
4. Demand for New Services
The demand for new services is a critical driver of Alibaba's continued growth and financial health. Innovating and introducing new services that meet consumer needs can increase Alibaba's market value and stock price. The success in predicting and capitalizing on these demands is essential for maintaining Alibaba's competitive edge. Investors and analysts closely watch it for potential impacts on the stock forecast and financial performance of Alibaba Group Holding Limited.
What Is the Future of the Alibaba Stock Price? Is Alibaba Still a Good Investment?
The Alibaba stock forecast paints an optimistic picture for BABA stock, suggesting a significant rise and solid long-term growth prospects. Analysts' price targets and forecasts highlight Alibaba as a potentially good stock. While there might be concerns about resistance and pessimistic forecasts, the overall financial forecast, including EPS and moving averages, underscores a promising outlook for the next 12 months. This positive sentiment positions Alibaba as a premium investment choice, reflecting strong confidence in its future market performance.
Alibaba Stock Forecast FAQ
As of today,19.09.2024, #BABA is trading at $84.43 per share.
According to various expert estimates, the value of Alibaba shares in 2024 may reach $80.00 – $85.00. At the same time, some analysts expect the stock to continue sliding to $38.68 – $62.59 by the end of 2024.
Most experts believe that the bullish rally will start in 2025, facilitating growth to $156.52. At the same time, some analysts expect a decline to $50.78.
Yes, the asset is currently in a consolidation phase, after which the price is likely to rise. The company is not stagnant and is exploring new markets and expanding its business. This could lead to an increase in operating profit and potential dividend growth.
Most likely, the price will continue to move within the accumulation range of $66.63 - $88.76 with a subsequent breach of its upper boundary. It can start a long uptrend to $103.35 - $147.70 and higher in the next two years. At the same time, a drop below the key level of $58.00 is unlikely.
Alibaba shares have been in a downtrend for the past 4 years, after which a consolidation phase began. Quarterly earnings as of March 31, 2024 were $14.76 billion. On July 11, 2024, the company paid a dividend of $1.66 per share.
More likely yes than no. Alibaba is successfully evolving in the global market, finding new ways to develop its business, and diversifying its investment portfolio. In the long run, the stock is likely to grow and reach new all-time highs.
There are many factors involved. These include investor sentiment, regulatory risks, and competition in the e-commerce market. The value of #BABA is also influenced by the company's economic performance, geopolitical landscape, and various sanctions, as well as news directly related to Alibaba.
Price chart of BABA in real time mode
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.
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