Russ Cohen

Morgan Stanley Upgrades Alibaba Group Holding Limited – Depositary Receipt () (BABA)

Fintel reports that on February 24, 2025, Morgan Stanley upgraded their outlook for Alibaba Group Holding Limited – Depositary Receipt () (NYSE:BABA) from Equal-Weight to Overweight.

Analyst Price Forecast Suggests 4.14% Downside

As of February 19, 2025, the average one-year price target for Alibaba Group Holding Limited – Depositary Receipt () is $123.67/share. The forecasts range from a low of $85.85 to a high of $163.80. The average price target represents a decrease of 4.14% from its latest reported closing price of $129.02 / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Alibaba Group Holding Limited – Depositary Receipt () is 1,089,219MM, an increase of 10.94%. The projected annual non-GAAP EPS is 69.64.

What is the Fund Sentiment?

There are 1,587 funds or institutions reporting positions in Alibaba Group Holding Limited – Depositary Receipt (). This is an decrease of 10 owner(s) or 0.63% in the last quarter. Average portfolio weight of all funds dedicated to BABA is -7.50%, an increase of 1,047.14%. Total shares owned by institutions decreased in the last three months by 2.81% to 478,411K shares. BABA / Alibaba Group Holding Limited - Depositary Receipt (Common Stock) Put/Call Ratios The put/call ratio of BABA is 0.49, indicating a bullish outlook.

What are Other Shareholders Doing?

BABA / Alibaba Group Holding Limited - Depositary Receipt (Common Stock) Shares Held by Institutions

QCSTRX – Stock Account Class R1 holds 29,991K shares. In its prior filing, the firm reported owning 32,111K shares , representing a decrease of 7.07%. The firm increased its portfolio allocation in BABA by 33.14% over the last quarter.

Primecap Management holds 21,955K shares. In its prior filing, the firm reported owning 21,918K shares , representing an increase of 0.17%. The firm decreased its portfolio allocation in BABA by 15.69% over the last quarter.

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Dodge & Cox holds 14,470K shares. In its prior filing, the firm reported owning 18,087K shares , representing a decrease of 25.00%. The firm decreased its portfolio allocation in BABA by 34.22% over the last quarter.

TEQKX – TIAA-CREF Emerging Markets Equity Index Fund Retail Class holds 13,446K shares. In its prior filing, the firm reported owning 13,444K shares , representing an increase of 0.01%. The firm increased its portfolio allocation in BABA by 18.93% over the last quarter.

Jpmorgan Chase holds 12,994K shares. In its prior filing, the firm reported owning 13,984K shares , representing a decrease of 7.62%. The firm decreased its portfolio allocation in BABA by 27.25% over the last quarter.

Alibaba Group Holding Background Information
(This description is provided by the company.)

Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a good company that lasts for 102 years.

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This story originally appeared on Fintel.