Alibaba Group (NYSE:BABA) Stock Price Up 1.3% – Still a Buy?

Alibaba Group Holding Limited (NYSE:BABA) shares shot up 1.3% during mid-day trading on Friday . The company traded as high as $124.96 and last traded at $123.74. 8,169,907 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 11,875,617 shares. The stock had previously closed at $122.16.

Trending Headlines about Alibaba Group

Here are the key news stories impacting Alibaba Group this week:

• Positive Sentiment: Apple partnership strengthens Alibaba’s AI profile in China. Apple has reportedly trained a China-specific large language model with Alibaba’s support as it works to bring Apple Intelligence to Chinese users. The arrangement could increase demand for Alibaba’s cloud, AI infrastructure and localization capabilities. Apple trains its own AI model for China market with Alibaba’s support
• Positive Sentiment: Government-backed AI and chip initiatives could expand Alibaba’s strategic role. China’s wealthiest province has reportedly selected Alibaba to help power its AI and semiconductor push, potentially supporting long-term cloud-computing and enterprise AI revenue. China’s richest province taps Alibaba to power its AI and chip push
• Positive Sentiment: Potential $1.5 billion sale of Alibaba’s gaming arm could provide cash and allow the company to focus more closely on cloud and AI, although the deal has not been finalized. Trustar is said to near $1.5 billion deal for Alibaba gaming arm
• Neutral Sentiment: Alibaba’s revised commercial restrictions for its open-weight Qwen3.8-Max model may improve monetization and protect intellectual property, but could reduce adoption compared with a more permissive open-source license. Alibaba’s Qwen 3.8 license is a platform play
• Negative Sentiment: Multiple law firms are publicizing a securities-fraud class action covering investors who purchased BABA securities from June 26, 2025, through June 24, 2026. The complaint alleges Alibaba failed to disclose potential classification as a Chinese military company and related U.S. regulatory risks; the allegations remain unproven. The lead-plaintiff deadline is October 5, 2026. Kaplan Fox alerts Alibaba investors to securities class action
• Negative Sentiment: Analysts and commentary have raised concerns that heavy AI investment and intensifying competition could pressure margins and prevent recent earnings from reversing the stock’s broader correction. Erste Group also reportedly expects weaker Alibaba earnings.

Wall Street Analyst Weigh In

BABA has been the topic of several analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Alibaba Group in a research report on Wednesday, May 27th. JPMorgan Chase & Co. boosted their target price on shares of Alibaba Group from $200.00 to $205.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Wall Street Zen upgraded Alibaba Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 23rd. Mizuho raised their price objective on shares of Alibaba Group from $190.00 to $195.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Finally, Freedom Capital raised Alibaba Group from a “hold” rating to a “strong-buy” rating in a report on Friday, April 24th. 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’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $186.90.

Alibaba Group Stock Up 1.3%

The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.21. The stock has a 50-day simple moving average of $112.85 and a two-hundred day simple moving average of $129.98. The firm has a market cap of $296.61 billion, a PE ratio of 20.32, a P/E/G ratio of 2.31 and a beta of 0.49.

Alibaba Group (NYSE:BABA) last posted its quarterly earnings data 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 return on equity of 4.76% and a net margin of 10.31%. Analysts expect that Alibaba Group Holding Limited will post 6.27 earnings per share for the current year.

Insider Buying and Selling

In other Alibaba Group news, CEO Fan (Fj) Jiang sold 13,579 shares of Alibaba Group 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 $164,305.90. Following the transaction, the chief executive officer directly owned 556,617 shares of the company’s stock, valued at approximately $6,735,065.70. This trade represents a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Siying Yu sold 6,772 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The stock was 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 owned 607,234 shares of the company’s stock, valued at approximately $7,347,531.40. The trade was a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 920,303 shares of company stock worth $70,796,370 over the last ninety days. Corporate insiders own 12.50% of the company’s stock.

Hedge Funds Weigh In On Alibaba Group

A number of large investors have recently added to or reduced their stakes in BABA. Capital World Investors lifted its stake in Alibaba Group by 7.7% in the fourth quarter. Capital World Investors now owns 6,505,165 shares of the specialty retailer’s stock worth $953,527,000 after purchasing an additional 466,847 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Alibaba Group by 7,680.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,014,147 shares of the specialty retailer’s stock valued at $881,554,000 after buying an additional 5,936,847 shares during the last quarter. Fisher Asset Management LLC increased its holdings in shares of Alibaba Group by 0.8% in the fourth quarter. Fisher Asset Management LLC now owns 5,335,894 shares of the specialty retailer’s stock worth $782,135,000 after buying an additional 42,297 shares during the period. Norges Bank purchased a new position in shares of Alibaba Group in the fourth quarter worth about $594,477,000. Finally, AMF Tjanstepension AB lifted its stake in shares of Alibaba Group by 4.1% in the 1st quarter. AMF Tjanstepension AB now owns 2,206,634 shares of the specialty retailer’s stock valued at $276,844,000 after acquiring an additional 86,613 shares during the last quarter. Hedge funds and other institutional investors own 13.47% of the company’s stock.

About Alibaba Group

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.