Latest news with #EllieJiang
Yahoo
30-06-2025
- Business
- Yahoo
Macquarie Maintains a Buy Rating on Alibaba Group (BABA) With a PT of HK$182.30
Alibaba Group Holding Limited (NYSE:BABA) is one of the 11 Best Strong Buy Stocks to Invest in Now. In a report released on June 24, Ellie Jiang from Macquarie maintained a Buy rating on Alibaba Group Holding Limited (NYSE:BABA) with a price target of HK$182.30. An e-commerce platform displaying a wide range of products to customers online. The company reported notable results for the March quarter 2025, with revenue undergoing a 7% year-over-year increase to RMB 236,454 million ($32,584 million). Income from operations also underwent a significant 93% year-over-year increase to RMB28,465 million ($3,923 million). This growth was attributed to a drop in non-cash share-based compensation expenses and an increase in adjusted EBITA. Alibaba Group Holding Limited (NYSE:BABA) manages and provides technology infrastructure and marketing platforms. It operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others segment. While we acknowledge the potential of BABA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-06-2025
- Business
- Yahoo
Tencent Music Entertainment's (TME) Price Target Hiked to $26.20 Macquarie
Tencent Music Entertainment Group (NYSE:TME) is one of Goldman Sachs' top Chinese stock picks. On June 17, Macquarie analyst Ellie Jiang raised his stock price target to $26.20 from $17.10, reiterating an 'Outperform' rating. The analyst's bullish stance comes amid the expectation that Tencent Music Entertainment has what it takes to build a unique presence from content creation to entertainment consumption. The analyst also expects recent mergers and acquisitions to be value accretive to help drive music revenue momentum. Tencent Music Entertainment Group (NYSE:TME) operates online music and audio entertainment platforms focused on providing users with diverse and engaging music experiences. It offers music streaming, online karaoke, live streaming, and long-form audio services through popular apps like QQ Music, Kugou Music, Kuwo Music, and WeSing. While we acknowledge the potential of TME as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Biotech Stocks Screaming a Buy and 13 Best Software Stocks to Buy Now. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-06-2025
- Business
- Yahoo
Alibaba Eyes Big Comeback: Analysts See 55% Upside on AI Momentum
June 11 - Alibaba (NYSE:BABA) shares have surged about 42% since January and are up more than 54% over the past year, as the tech giant pushes deeper into artificial intelligence and cloud infrastructure. Warning! GuruFocus has detected 3 Warning Signs with BABA. The company is moving ahead with plans to spend 380 billion yuan (US$53 billion) over three years to expand its computing capacity and support AI-related services. That investment, alongside renewed institutional backing, has boosted market confidence. Bridgewater Associates recently raised its position in Alibaba, signaling increased investor interest. Meanwhile, several analysts forecast up to 40% upside from current levels. In fiscal Q4 2025, cloud revenue rose 18% year over year to RMB30.1 billion, driven by strong demand for AI products. The company said AI-related sales posted triple-digit growth for a seventh straight quarter, though exact figures were not disclosed. E-commerce units also showed steady performance. Sales from the Taobao and Tmall Group climbed 9%, while customer management revenue, which includes advertising and seller services, rose 12%. Macquarie analyst Ellie Jiang maintained an Outperform rating and $187.50 price target following a company visit, which implies 55% upside. Jiang said recent price cuts in logistics are likely a short-term move to remain competitive, while higher ad and service revenues may support margins going forward. She added that corporate interest in Alibaba's AI offerings could further lift cloud revenue, and the company's long-term tech roadmap appears to be on track. Based on the one year price targets offered by 38 analysts, the average target price for Alibaba Group Holding Ltd is $159.87 with a high estimate of $189.12 and a low estimate of $101.92. The average target implies a upside of +32.86% from the current price of $120.33. Based on GuruFocus estimates, the estimated GF Value for Alibaba Group Holding Ltd in one year is $110.65, suggesting a downside of -8.04% from the current price of $120.33. This article first appeared on GuruFocus. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
12-06-2025
- Business
- Yahoo
Alibaba Eyes Big Comeback: Analysts See 55% Upside on AI Momentum
June 11 - Alibaba (NYSE:BABA) shares have surged about 42% since January and are up more than 54% over the past year, as the tech giant pushes deeper into artificial intelligence and cloud infrastructure. Warning! GuruFocus has detected 3 Warning Signs with BABA. The company is moving ahead with plans to spend 380 billion yuan (US$53 billion) over three years to expand its computing capacity and support AI-related services. That investment, alongside renewed institutional backing, has boosted market confidence. Bridgewater Associates recently raised its position in Alibaba, signaling increased investor interest. Meanwhile, several analysts forecast up to 40% upside from current levels. In fiscal Q4 2025, cloud revenue rose 18% year over year to RMB30.1 billion, driven by strong demand for AI products. The company said AI-related sales posted triple-digit growth for a seventh straight quarter, though exact figures were not disclosed. E-commerce units also showed steady performance. Sales from the Taobao and Tmall Group climbed 9%, while customer management revenue, which includes advertising and seller services, rose 12%. Macquarie analyst Ellie Jiang maintained an Outperform rating and $187.50 price target following a company visit, which implies 55% upside. Jiang said recent price cuts in logistics are likely a short-term move to remain competitive, while higher ad and service revenues may support margins going forward. She added that corporate interest in Alibaba's AI offerings could further lift cloud revenue, and the company's long-term tech roadmap appears to be on track. Based on the one year price targets offered by 38 analysts, the average target price for Alibaba Group Holding Ltd is $159.87 with a high estimate of $189.12 and a low estimate of $101.92. The average target implies a upside of +32.86% from the current price of $120.33. Based on GuruFocus estimates, the estimated GF Value for Alibaba Group Holding Ltd in one year is $110.65, suggesting a downside of -8.04% from the current price of $120.33. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
05-06-2025
- Business
- Business Insider
Alibaba (BABA) Gets a Buy from Macquarie
Macquarie analyst Ellie Jiang reiterated a Buy rating on Alibaba (BABA – Research Report) yesterday and set a price target of $187.50. The company's shares closed yesterday at $119.45. Confident Investing Starts Here: Jiang covers the Consumer Cyclical sector, focusing on stocks such as Inc. Class A, Tongcheng Travel Holdings Limited, and Meituan. According to TipRanks, Jiang has an average return of 8.0% and a 51.56% success rate on recommended stocks. Alibaba has an analyst consensus of Strong Buy, with a price target consensus of $164.05.
