Alibaba is sometimes known as the Amazon of China.Fool.com contributor Parkev Tatevosian forecasts where Alibaba's (BABA -4.76%) stock could be by the end of the year.*Stock prices used were the afternoon prices of April 10, 2024. The video was published on April 12, 2024. ...

Chinese stocks pulled back on a disappointing export report.Chinese stocks fell again today as negative economic news weighed on the sector. This time, China's exports fell more than expected in March, hammering hopes for a recovery in the world's No. 2 economy.Exports are a significant part of the Chinese economy, accounting for roughly 19% of its overall gross domestic product (GDP). They are also seen as a potential bright spot at a time when the Chinese consumer is struggling and the domestic economy is ...

If you’re on the hunt for overlooked stocks to buy, look no further. Below is a carefully chosen list of seven underappreciated treasures, all full of unrealized potential and ready to cause a stir on Wall Street.First, the first one became a major force in the entertainment industry by carefully growing its worldwide presence. As this was happening, the second one honed its financial edge, implementing cost-cutting strategies to support profitability in a highly competitive market.The third company, a tele ...

Much has been said about ‘the Big Short’ Michael Burry’s decision to bet approximately $4.3 million on the fortunes of the Chinese technology and e-commerce giant Alibaba (NYSE: BABA) in September 2023.The investment has been of particular interest given that in the 7 months since the purchase of 75,000 BABA shares, the stock has declined significantly and is, despite the partial recovery of the Chinese stock market following government intervention, still below its September value.Things, however, may soon ...

Alibaba (BABA) adopts a price-cut strategy in a bid to expand its market share in the global cloud-computing space.Recently, Alibaba Cloud slashed prices for international customers from the United States to Singapore by up to 59%.As a result, there is an average reduction of 23% across five categories — compute, storage, network, database and big data products — for customers using Alibaba's data centers out of mainland China.These discounts are currently available across 13 regions, including Japan, Indon ...

Investment Rating - Maintain BUY rating with a target price of US$131.9 per ADS [1][7] Core Views - Alibaba is expected to deliver in-line-with-consensus revenue growth for 4QFY24, with estimated revenue of RMB221.4bn, up 6% YoY [1] - The company is focusing on long-term growth through investments in international business, cloud, and Taobao and Tmall (T&T) Group, despite short-term margin pressure [1] - Alibaba is committed to improving shareholder return through loss reduction in non-core businesses, enhanced share buyback, and dividend payout [1] - The strategic move to drive an integrated group strategy is expected to enhance long-term value [1] Financial Performance - For 4QFY24, group-level adjusted EBITA is forecasted to decline 5% YoY to RMB24.0bn, with an adjusted EBITA margin of 10.8% [1] - T&T Group's adjusted EBITA is expected to decline 1.5% YoY to RMB38.5bn, implying a margin of 42.1% [1] - Customer management revenue growth is forecasted at 3% YoY in 4QFY24, driven by 7% YoY GMV growth from T&T GMV [1] Revenue and Profit Forecasts - Revenue for FY24E is estimated at RMB940.7bn, with FY25E and FY26E revenues projected at RMB1,027.6bn and RMB1,117.5bn, respectively [2][4] - Adjusted net profit for FY24E is forecasted at RMB155.5bn, with FY25E and FY26E projections at RMB158.2bn and RMB175.2bn, respectively [4] - Gross margin for FY24E is estimated at 37.8%, with FY25E and FY26E margins projected at 38.0% [4] Valuation and Shareholder Return - The SOTP-based target price is US$131.9 per ADS, translating into 15.7x FY24E P/E [7] - Alibaba is enhancing shareholder return through an integrated group strategy, including investments in international business and cloud infrastructure [1] - The next key event for shareholder return will likely be the announcement of annual fiscal year dividends in May [1] Segment Valuation - Taobao and Tmall Group is valued at US$59.1 per ADS, based on 7.0x FY24E EV/adjusted EBITA [8] - Cloud Intelligence Group is valued at US$24.4 per ADS, based on a 4.2x EV/S multiple on FY24E revenue [8] - Cainiao is valued at US$2.6 per ADS, based on the latest valuation given by Alibaba to repurchase Cainiao shares from minority shareholders [8] Financial Summary - Revenue for FY24E is projected at RMB940.7bn, with gross profit of RMB356.0bn [4] - Operating profit for FY24E is forecasted at RMB113.7bn, with net profit of RMB89.9bn [13] - Adjusted net profit for FY24E is estimated at RMB155.5bn, with an adjusted net profit margin of 16.5% [4]

Alibaba (NYSE:BABA) stock is getting a boost on Wednesday from comments made by cofounder Jack Ma.Ma doesn’t typically make much in the way of public comments. However, he recently released a memo praising the leadership team at Alibaba. Among his uplifting words is approval for how the team is handling the company’s restructuring.Here’s a portion of what Ma said in his memo concerning Alibaba’s leadership team, according to Reuters.“We must not only have the courage to admit and correct yesterday’s problem ...

Jack Ma, founder of Alibaba, reappeared in the public view in China for the first time in months. Alibaba then announced a huge reorganization of its business. Experts see the move as a signal that the Chinese government is softening its stance toward tech giants after a crackdown that began in late 2020."Over the past year, amid external and internal doubt and pressures, I have witnessed the birth of a strong and courageous Alibaba team," Ma wrote in an internal memo to employees, a translated version of w ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

ToplineAlibaba cofounder Jack Ma endorsed the Chinese giant’s sweeping restructuring efforts and praised company leadership in a memo to employees, according to news reports, prompting a surge in shares and marking a rare return to the spotlight for the billionaire after spending years lying low in the wake of a dramatic clash with Beijing.Ma, one of China’s wealthiest people, said Alibaba had made “countless mistakes” in the past Getty Images Key FactsMa, in a roughly one-page memo posted on the company’s ...