Alibaba (BABA) Stock Price

Financial Performance

Alibaba's last quarter revenues were $236.5B, a decrease of -2.8% from the previous quarter. Gross profit was at $92.5B, also down by -3%. The operating income was reported at $35.2B, lower by -2.1% compared to the previous quarter. These figures indicate a slight downturn in financial performance recently, although it is important to consider this in context of broader market conditions and business cycles.

Stock Price

The stock price stands at $126.9 which has seen an impressive growth of 53.9% over the past month and 73.5% YoY increase indicating strong investor confidence and positive market sentiment towards Alibaba's stock performance.The RSI value currently sits at an overbought level of 88.61 suggesting that there might be some correction expected soon while the PE ratio is at 26.38 indicating that the company may be slightly overvalued on earnings basis.

Alternative Data Signals

In terms of alternative data signals, web traffic has decreased slightly but mobile app downloads have shown a significant increase which indicates a shift in consumer behavior towards mobile platforms.Although job postings have remained stagnant for the past month with a YoY decrease, it does not necessarily signal negative growth prospects as companies often optimize their workforce based on strategic needs.Employee outlook remains neutral with no change from the previous month.Social media followers across various platforms are showing consistent growth which could indicate increasing brand awareness and customer engagement.

Conclusion

In conclusion, despite some recent financial challenges, Alibaba's overall stock performance appears to remain strong bolstered by robust investor confidence.However due caution must be exercised considering its high RSI and PE values.The increase in mobile app downloads, stable employee outlook and growing social media presence are positive signals.Although there has been a decrease in job postings and web traffic the overall sentiment leans towards being bullish.

Note: This AI Stock Analysis is based on data as of February 19. 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 $143.8, 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.