Added to YB: 2024-03-04
Pitch date: 2024-02-29
BABA [bullish]
Alibaba Group Holding Limited
+117.08%
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
$71.72
Price Target
126.00 (-19%)
Dividend
0.65%
EV/EBITDA
14.34
P/E
21.78
EV/Sales
2.52
Sector
Broadline Retail
Category
growth
$BABA - Analyzing AliCloud's Price Cuts: A Catalyst for Growth in the AI Computing Era (Citi)
BABA: Citi $126 PT. AliCloud cuts prices 20% (up to 55%) after April cuts. Deeper discounts for longer terms to attract customers, reduce costs amid competition. May pressure industry margins but aims to capture AI demand with value-added services & higher usage.
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