Alibaba Group Holding Limited (NYSE:BABA – Get Free Report) traded down 1.4% during trading on Thursday . The stock traded as low as $125.56 and last traded at $126.7340. Approximately 4,827,349 shares changed hands during trading, a decline of 60% from the average session volume of 12,014,287 shares. The stock had previously closed at $128.53.
Trending Headlines about Alibaba Group
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Alibaba’s Qwen3.8-Max AI model is reportedly pricing its services at approximately $2 per million tokens, matching or undercutting some U.S. closed-model competitors. Reports that Alibaba may release the model’s weights under an open-source approach could expand adoption, strengthen its cloud ecosystem and improve its position in the intensifying global AI competition. Alibaba’s Qwen3.8-Max Prices Frontier AI At $2 Per Million Tokens
- Positive Sentiment: An Alibaba-backed AI startup, Vast, is seeking additional funding and considering an initial public offering. A successful financing or IPO could increase the value and visibility of Alibaba’s AI investments, although it may also signal that the startup needs more capital to scale. Alibaba-Backed AI Startup Vast Seeks Fresh Capital, Eyes IPO
- Neutral Sentiment: Alibaba scheduled a virtual annual general meeting to seek approval for share-issuance and repurchase mandates, board appointments and auditor-related resolutions. The meeting is routine, but the approvals could affect capital-allocation flexibility and governance. Alibaba Sets Virtual AGM to Approve Share Mandates, Board Picks and Auditors
- Negative Sentiment: Several law firms announced or promoted securities-fraud litigation against Alibaba. One filed case alleges that Alibaba and certain executives made false or misleading statements, including claims involving the company’s alleged classification as a Chinese military company and possible exposure to U.S. restrictions. Investors who purchased during the stated class period have until October 5, 2026, to seek lead-plaintiff status. The announcements do not establish liability, but their volume increases headline risk, potential legal costs and uncertainty around future damages. Securities Class Action Filed Against Alibaba
Wall Street Analyst Weigh In
BABA has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Alibaba Group in a report on Wednesday, May 27th. Nomura dropped their price objective on Alibaba Group from $207.00 to $178.00 and set a “buy” rating for the company in a research note on Thursday, June 25th. Susquehanna boosted their target price on Alibaba Group from $170.00 to $185.00 and gave the stock a “positive” rating in a research report on Friday, May 15th. HSBC set a $170.00 price target on Alibaba Group in a research note on Thursday, July 9th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Alibaba Group from $200.00 to $205.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Alibaba Group currently has a consensus rating of “Moderate Buy” and an average price target of $186.90.
Alibaba Group Trading Down 1.4%
The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $303.79 billion, a price-to-earnings ratio of 20.81, a price-to-earnings-growth ratio of 2.37 and a beta of 0.49. The business has a 50 day simple moving average of $112.79 and a 200-day simple moving average of $131.74.
Alibaba Group (NYSE:BABA – Get Free Report) last released its earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $35.30 billion during the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. On average, equities analysts predict that Alibaba Group Holding Limited will post 6.31 earnings per share for the current year.
Alibaba Group Dividend Announcement
The company also recently disclosed an annual dividend, which was paid on Monday, July 13th. Stockholders of record on Thursday, June 11th were issued a $1.05 dividend. This represents a dividend yield of 93.0%. The ex-dividend date was Thursday, June 11th. Alibaba Group’s dividend payout ratio (DPR) is 16.91%.
Insider Activity
In other Alibaba Group news, General Counsel Siying Yu sold 6,772 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $12.10, for a total transaction of $81,941.20. Following the completion of the sale, the general counsel directly owned 607,234 shares in the company, valued at $7,347,531.40. The trade was a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Hong Xu sold 175,054 shares of the stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $12.15, for a total value of $2,126,906.10. Following the completion of the sale, the chief financial officer owned 280,496 shares of the company’s stock, valued at approximately $3,408,026.40. This represents a 38.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 920,303 shares of company stock valued at $70,796,370 over the last quarter. 12.50% of the stock is owned by insiders.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Bleakley Financial Group LLC increased its holdings in shares of Alibaba Group by 0.4% in the 4th quarter. Bleakley Financial Group LLC now owns 16,420 shares of the specialty retailer’s stock valued at $2,407,000 after acquiring an additional 67 shares during the last quarter. Keybank National Association OH boosted its holdings in Alibaba Group by 2.7% in the fourth quarter. Keybank National Association OH now owns 2,840 shares of the specialty retailer’s stock worth $416,000 after purchasing an additional 75 shares during the period. Cary Street Partners Investment Advisory LLC increased its stake in Alibaba Group by 4.1% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,915 shares of the specialty retailer’s stock valued at $281,000 after purchasing an additional 76 shares during the last quarter. Accredited Investors Inc. raised its holdings in shares of Alibaba Group by 2.9% during the first quarter. Accredited Investors Inc. now owns 2,858 shares of the specialty retailer’s stock worth $359,000 after purchasing an additional 80 shares during the period. Finally, Mystic Asset Management Inc. lifted its position in shares of Alibaba Group by 0.5% in the 4th quarter. Mystic Asset Management Inc. now owns 16,462 shares of the specialty retailer’s stock worth $2,413,000 after buying an additional 89 shares during the last quarter. 13.47% of the stock is currently owned by institutional investors.
Alibaba Group Company Profile
Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co?founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high?profile initial public offering on the New York Stock Exchange in 2014.
The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.
Read More
- Five stocks we like better than Alibaba Group
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Receive News & Ratings for Alibaba Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alibaba Group and related companies with MarketBeat.com's FREE daily email newsletter.
