These Analysts Cut Their Forecasts On Alibaba After Q4 Results

Core Viewpoint - Alibaba Group Holding reported disappointing sales for its fiscal fourth quarter, with revenue growth of 7% year-on-year, falling short of analyst expectations [1] Group 1: Financial Performance - Quarterly revenue reached $32.58 billion, missing the analyst consensus estimate of $33.08 billion [1] - Adjusted earnings per ADS were $1.73, surpassing the analyst consensus estimate of $1.48 [1] - Adjusted net income increased by 22% year-on-year to $4.11 billion [1] Group 2: Segment Performance - International commerce retail business revenue grew by 24% to $3.80 billion, driven by AliExpress' Choice and Trendyol [2] - International commerce wholesale business revenue rose by 16% year-on-year to $823 million [2] Group 3: Stock Performance and Analyst Ratings - Alibaba shares increased by 0.6% to trade at $124.58 following the earnings announcement [2] - Benchmark analyst Fawne Jiang maintained a Buy rating but lowered the price target from $190 to $176 [7] - Baird analyst Colin Sebastian maintained an Outperform rating and reduced the price target from $147 to $142 [7] - Mizuho analyst James Lee also maintained an Outperform rating, lowering the price target from $170 to $160 [7]