- Alibaba’s latest AI models are now compatible with Apple devices, enhancing its reach in the Chinese market.
- Wall Street analysts predict a substantial upside for Alibaba's stock.
- GF Value suggests a slight downside from current prices, providing a nuanced investment perspective.
Alibaba (BABA, Financial) has taken a significant step forward by launching its Qwen3 artificial intelligence models, which now seamlessly integrate with Apple's hardware, including both iPhones and MacBooks. This strategic move is primarily aimed at capturing the vast Chinese market. Despite ongoing trade tensions, it aligns with Apple's broader goals of expanding AI capabilities within China. This promising development has buoyed Alibaba's shares, which saw a 3% increase.
Wall Street Analysts Forecast
According to forecasts from 38 analysts, Alibaba Group Holding Ltd (BABA, Financial) is projected to reach an average target price of $159.71 within the next year. The high estimate touches $189.36, whereas the low estimate stands at $102.05. This average target suggests a potential upside of 37.70% from the current price of $115.99. Investors can delve deeper into these projections on the Alibaba Group Holding Ltd (BABA) Forecast page.
Meanwhile, consensus from 43 brokerage firms positions Alibaba Group Holding Ltd's stock with an average recommendation of 1.7, categorizing it as an "Outperform." The rating scale goes from 1, representing a Strong Buy, to 5, indicating a Sell.
GuruFocus Valuation Insights
From a valuation perspective, GuruFocus estimates that the GF Value for Alibaba Group Holding Ltd (BABA, Financial) in the upcoming year is $110.81. This implies a potential downside of 4.46% from the current trading price of $115.985. The GF Value is derived from analyzing historical trading multiples of the stock, assessing its past growth trajectories, and considering future business performance projections. For those seeking a comprehensive analysis, further details are available on the Alibaba Group Holding Ltd (BABA) Summary page.
