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Analysts see a 40% upside for Michael Burry's largest stock bet
Finboldยท2025-05-01 13:43

Group 1 - Michael Burry's largest holding, Alibaba, experienced a significant decline of over 25% in April due to the Liberation Day announcement, although Wall Street analysts remain bullish on the stock for the next year [1] - Analysts predict an average rally of 37.96% for Alibaba stock, targeting $164.77 over the next 12 months, with the highest forecast reaching $194.33, a 62.71% increase [2] - Despite recent struggles, Mizuho maintains a 'buy' rating for Alibaba, projecting a price of $170, which is 42% above the latest closing price of $119.43 [5] Group 2 - Analysts have shown caution regarding Alibaba, with the lowest price target set at $94.55, indicating mixed sentiment despite overall optimism [6] - Out of 58 analysts, 54 rate Alibaba as a 'buy' or 'strong buy', while only one analyst rates it as a 'strong sell', reflecting a predominantly positive outlook [7] - Although Alibaba shares are currently 18.32% below their 2025 highs, they remain up 42.15% year-to-date [7][8] Group 3 - Alibaba stock has shown resilience, with a steady upward trend since hitting a 30-day low of $99.37 on April 7 [10]