Professional
Added to YB: 2024-10-22
Pitch date: 2024-10-18
BABA [bullish]
Alibaba Group Holding Limited
+57.54%
current return
Author Info
No bio for this author
Company Info
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.
Market Cap
$2.5T
Pitch Price
$98.82
Price Target
133.80 (-14%)
Dividend
0.65%
EV/EBITDA
14.34
P/E
21.78
EV/Sales
2.52
Sector
Broadline Retail
Category
growth
Alibaba (BABA US) – Increasing monetization; remains committed to investment to maintain market share
BABA: BUY, TP $133.8 (31% upside). Improving fundamentals: solid user growth, engagement, int'l expansion. Monetization rate up via tech fees & new ads. Enhancing shareholder return (buyback, dividend). Taobao/Tmall monetization beating expectations. Int'l, cloud, non-core biz on track. Catalysts: consumption recovery, T&T growth, fintech reg.
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