Advice

Is Alibaba overvalued or undervalued?

Is Alibaba overvalued or undervalued?

The average analyst price target among the 49 analysts covering Alibaba is $245.8, suggesting about 47.4\% upside from current levels. The Verdict: At its current price, Alibaba stock appears to be undervalued based on a sampling of common fundamental valuation metrics.

Why is Alibaba stock doing so bad?

Alibaba stock was falling after the e-commerce giant’s earnings fell short. The stock has declined around 36\% this year amid a broad crackdown by Beijing on Chinese technology companies. Alibaba ‘s Hong Kong-listed shares (9988. H.K.) slipped 5.3\% Thursday ahead of earnings.

Can I trust Alibaba com?

Alibaba is absolutely safe and legit. Alibaba is trusted and reputable. They have strict rules and regulations that keep most of the transactions secure on the platform. However, Alibaba is just an ecommerce platform that connects suppliers with buyers.

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Is Alibaba (Baba) stock a buy or sell?

Investors searching for growth stocks at fire sale prices should at least wait until it becomes clear that Alibaba’s share price has finally hit rock bottom before taking a position. Right now, BABA stock is not a buy. On the date of publication, Joel Baglole held long positions in BABA and BIDU.

Is Alibaba’s stock headed off a cliff?

Image source: Alibaba. Alibaba’s stock might look undervalued, but investors should always be skeptical of analysts’ estimates, especially when it comes to a company that still faces so many headwinds. Alibaba isn’t headed off a cliff, but the worst mistake investors can make right now is to assume the worst is over.

Should you hold Alibaba stocks in your portfolio?

The fact that U.S. market regulators have been musing publicly about potentially delisting Chinese stocks from American exchanges is another reason for investors to be extremely cautious when it comes to holding Alibaba shares in their portfolios. Alibaba announced earnings for its fiscal first quarter of 2022 in mid-August.

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Why did Alibaba stock gap down on May 13?

Alibaba stock gapped down on May 13 after the company missed Q4 earnings expectations, but revenue growth accelerated for the fourth straight quarter, soaring 77\% to $28.6 billion. Prior to that, BABA stock spiked 9\% in heavy volume on April 12 after China regulators fined the company $2.8 billion after an antimonopoly probe.