Alibaba (BABA) Stock Price

Financial Performance

Alibaba's financial performance shows a healthy trend. The company reported an increase in revenue of $280.2B, which is up by 18.5% from the previous quarter and up by 15.2% YoY. Their gross profit also increased to $117.6B, showing a rise of 27.2% from the previous quarter and up by 23.4% YoY. Operating income profit also saw an upward trend at $41.2B, up by 16.9% QoQ and up by 14.5% YoY.

The EBITDA ratio for the last quarter stands at a moderate level of .21 indicating decent profitability.

Stock Price

The stock price is currently trading at $123.46 with an increase of about 10% over the past month and a significant rise of approximately 39.4% YoY which suggests growing investor confidence in Alibaba’s performance.

The RSI value is currently at a neutral level of around 50 indicating that the stock isn’t overbought or oversold right now while its PE ratio stands at a reasonable figure of13 .60 suggesting it could be undervalued relative to earnings potential.

Alternative Data Signals

In terms of alternative data signals, Alibaba seems to have experienced some setbacks as web traffic has decreased by -4 .1 % MoM and -19 % YoY However this might be offset somewhat by their mobile apps being downloaded more frequently than before with daily downloads increased dramatically to around six million times per day representing increases of over two thousand percent both MoM and YoY Additionally job openings are on the rise suggesting expansion plans while social media following across multiple platforms including Twitter Instagram Facebook and TikTok is also increasing suggesting growing public interest in the company.

Conclusion

In conclusion, Alibaba's stock shows a bullish trend with strong financial performance and positive investor sentiment. However, the decline in web traffic needs to be watched closely. The increase in app downloads and job openings suggest potential for future growth.

Note: This AI Stock Analysis is based on data as of May 17. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Alibaba (BABA), currently trading at $113.8, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.