Alibaba shares have had an excellent week because the stock looks cheap and investors are buying the big dip. After losing almost 50% of its value in 2021—amid intensifying regulatory pressures and concerns around slowing growth—shares in the Chinese tech giant have climbed more than 9% since the start of 2022.7 Jan 2022
What is the future of Alibaba stock price?
Stock Price Forecast The 50 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 183.66, with a high estimate of 295.33 and a low estimate of 139.61. The median estimate represents a +45.93% increase from the last price of 125.85.
Is Alibaba stock expected to rise?
For its current fiscal year 2022, Alibaba is expected to earn $8.09 a share, down 19% compared to 2021. But growth is expected to ramp up in 2023, up 15% to $9.34.20 Jan 2022
What is the future for Alibaba stock?
Online stock forecasting service Wallet Investor is bullish in its Alibaba stock price prediction for 2021 and beyond, estimating on , that the future price would climb from its mid-April mark of $226 per share to $275.95 by December 2021, $337.11 per share by December 2022, and $524.82 by December 2023.
What is the target price for BABA stock?
High $1,878.55
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Median $1,168.24
Low $888.02
Average $1,197.72
Current Price $115.23