Stock Price Forecast The 50 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 259.94, with a high estimate of 335.88 and a low estimate of 35.41. The median estimate represents a +77.11% increase from the last price of 146.77.
What is the future of Alibaba?
No. In its 2021 Q1 (ending in June), the company grew rapidly, posting revenue of nearly $32 billion, a 34% increase from 2020. Alibaba is expected to end the year at $143 billion in revenue, a 30% increase. The company is also very profitable.
What is the forecast for Alibaba stock?
Based on 25 Wall Street analysts offering 12 month price targets for Alibaba in the last 3 months. The average price target is $265.09 with a high forecast of $336.00 and a low forecast of $190.00. The average price target represents a 81.52% change from the last price of $146.04.
Does Warren Buffett Own BABA stock?
Buy and Hold BABA Stock with Warren Buffett, has also bought Alibaba stock on the way down. Consider that the company is one of the worlds biggest e-commerce, cloud computing, artificial intelligence and investment corporations in the world, and its easy to see the value of holding Alibaba shares in a portfolio.
What is Warren Buffett buying now?
Buffetts biggest equity purchase of 2020, Verizon Communications (VZ), hasnt been a winner so far. Berkshire held 158.8 million shares of the telecom company on March 31, and that stake now is worth about $8.8 billion with the stock at around $55.50.