The history of Alibaba Group began in 1999. The company’s first website enabled small- and medium-sized businesses to sell in China and internationally. Today, it’s a huge corporation that operates in commerce, digital media and entertainment, cloud computing, and innovation initiatives. The company is headquartered in Hangzhou, China.
Alibaba held an IPO in September 2014 at $68 per share. The IPO allowed the company to raise around $22 billion. As of 2022, it’s still the largest IPO in history. The company doesn’t pay cash dividends. The BABA stock price is highly volatile. Thus, CFD trading may be a better option to deal with Alibaba’s shares.
Institutional investors own only 20% of the company’s shares. This percentage is normal for the companies in the Internet retail industry. Traders should define the largest stockholders and check whether there are large stock sales or purchases, as they may drive the stock price significantly. Traders should consider the company’s financial reports to predict the direction of the stock price accurately. Alibaba’s earnings and revenue growth have been unstable in recent years. The company fails to convert the capital it owns into profits.
When trading the stocks of a company, don’t forget to check its competitors. If a competitor outperforms the company, it may lead to a sales reduction and a fall in the stock price in the long run. Alibaba’s key alternatives are Amazon, ASOS, Target, Qurate Retail Group, IAC, Coupang, JD.com, Walmart, and Best Buy.
The company is a part of several stock market indices. Although Alibaba is a Chinese company, it’s included in such leading American indices as NASDAQ Internet and NYSE Composite. When the company is used for index calculation, it’s a signal that it’s large enough to deal with its shares.
Risk warning: Trading in FX and CFDs entails high risk of losing capital.
Sell | 83.33 |
Buy | 83.35 |
Sentiment | 78.6% ▾ |
1-day change | 4.04(5.10%) |
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#AA | N/A | N/A | -0.42 | -1.29% |
#ABBV | N/A | N/A | 8.4 | 4.47% |
#ABT | N/A | N/A | 6.45 | 6.04% |
#ADM | N/A | N/A | -0.71 | -1.15% |
#AMWL | N/A | N/A | -2.03 | -19.77% |
#AXP | N/A | N/A | 6.6 | 2.62% |
#BA | N/A | N/A | -11.02 | -5.98% |
#BABA | N/A | N/A | 4.04 | 5.10% |
#BAC | N/A | N/A | 1.1 | 2.77% |
#BB | N/A | N/A | -0.07 | -2.90% |
#CAT | N/A | N/A | 11.36 | 3.30% |
#CLX | N/A | N/A | 27.22 | 20.76% |
#COTY | N/A | N/A | -0.48 | -4.87% |
#CVX | N/A | N/A | -8.8 | -5.62% |
#DIS | N/A | N/A | -3.11 | -3.33% |
#DVN | N/A | N/A | -1.68 | -3.61% |
#EDU | N/A | N/A | -0.05 | -0.08% |
#F | N/A | N/A | 0.34 | 3.13% |
#FIS | N/A | N/A | 6.07 | 7.95% |
#FTI | N/A | N/A | -2.65 | -8.99% |
#GD | N/A | N/A | 3.23 | 1.09% |
#GE | N/A | N/A | 0.56 | 0.32% |
#GPN | N/A | N/A | 10.02 | 9.94% |
#HD | N/A | N/A | 1.11 | 0.30% |
#HPQ | N/A | N/A | 0.12 | 0.33% |
#IBM | N/A | N/A | 10.16 | 5.29% |
#JNJ | N/A | N/A | 7.63 | 4.82% |
#JPM | N/A | N/A | 14.05 | 6.67% |
#KMI | N/A | N/A | 0.54 | 2.57% |
#KO | N/A | N/A | 5.73 | 8.59% |
#KODK | N/A | N/A | -0.49 | -8.51% |
#LMT | N/A | N/A | 26.68 | 4.93% |
#MA | N/A | N/A | 18.68 | 4.02% |
#MCD | N/A | N/A | 25.11 | 9.53% |
#MLM | N/A | N/A | -55.64 | -9.44% |
#MMM | N/A | N/A | 8.5 | 6.73% |
#MO | N/A | N/A | 4.3 | 8.69% |
#MS | N/A | N/A | 0.79 | 0.77% |
#NIO | N/A | N/A | -0.24 | -5.61% |
#NSC | N/A | N/A | 7.85 | 3.16% |
#OXY | N/A | N/A | -3.23 | -5.37% |
#PFE | N/A | N/A | -1.24 | -4.10% |
#PG | N/A | N/A | 10.45 | 6.49% |
#PM | N/A | N/A | 8 | 6.94% |
#RNG | N/A | N/A | -1.28 | -3.71% |
#RTX | N/A | N/A | 6.62 | 5.67% |
#SLB | N/A | N/A | -3.5 | -7.37% |
#SNOW | N/A | N/A | -13.68 | -10.73% |
#SQ | N/A | N/A | 2.79 | 4.41% |
#STZ | N/A | N/A | -5.06 | -2.06% |
#T | N/A | N/A | 0.74 | 3.86% |
#TAP | N/A | N/A | 1.08 | 2.05% |
#TME | N/A | N/A | -3.5 | -25.18% |
#TOT | N/A | N/A | 1.61 | 2.39% |
#V | N/A | N/A | 11.28 | 4.26% |
#VMC | N/A | N/A | -28.04 | -10.29% |
#VZ | N/A | N/A | 1.46 | 3.62% |
#WMT | N/A | N/A | 8.17 | 11.83% |
#XOM | N/A | N/A | -0.75 | -0.63% |
#NFLX | N/A | N/A | 58.67 | 9.14% |
#NKE | N/A | N/A | N/A | N/A |
Alibaba is a huge company that provides technological infrastructure and marketing opportunities to sellers allowing them to interact with customers in China and internationally. The company contributes to the development of online and mobile platforms for efficient trading. Alibaba shares are listed on the NYSE under the ticker #BABA.
In October 2020, Alibaba's capitalization was about $858 billion, and its founder Jack Ma became one of the wealthiest Chinese entrepreneurs. The day of Jack Ma's outright public speech was a turning point in the history of the formation of China's digital economy. Alibaba suddenly found itself inundated with fines and inspections. It was not the only one who suffered, as many companies working in e-commerce were also rigorously tested. At the end of October 2020, the sector lost about 60% of its capitalization. At the beginning of 2022, Alibaba's market cap was just $340.38 billion.
During the conflict with the authorities in April 2021, Alibaba was hit with an anti-monopoly fine of more than $3.6 billion for allegedly abusing its dominant position in the market.
Alibaba's market capitalization fell dramatically. According to experts, the downtrend in turnover in the market is mainly caused by disagreements with the government. There's no reason to doubt the potential growth and development within the company. The future of Alibaba seems to be positive.
Analysts and investors consider Alibaba stocks to be a very promising choice since, in recent years, they have been keeping an eye out for the Alibaba Cloud segment. The sphere of cloud technologies offers a flexible computing database, a machine learning platform, big data analytics, and a structure of the Internet of Things.
A remarkable fact about the company's development is that the economic crisis caused by the Covid-19 pandemic did not affect Alibaba's stock price a lot. While the overall securities market was in decline, the all-time high of Alibaba's stock price of $317.14 was reached on October 27, 2020.
The article covers Alibaba stock price forecasts for 2024–2030 from the world's leading experts.