Benzinga·2025-09-02 15:03Core Insights - Alibaba Group Holding reported quarterly revenue of $34.57 billion, a 2% year-over-year increase, exceeding the consensus estimate of $34.26 billion [1] - On a like-for-like basis, excluding revenue from divested businesses, revenue growth would have been 10% year-over-year [1] - Adjusted earnings per American Depositary Share (ADS) were $2.06, below the analyst consensus of $2.13 [2] - CEO Eddie Wu highlighted strong growth driven by consumption and AI + Cloud initiatives, with milestones in quick commerce and increased platform engagement [2] - Following the earnings announcement, Alibaba shares rose 1.5% to $137.01 [2] Analyst Ratings and Price Targets - B of A Securities analyst Joyce Ju maintained a Buy rating and raised the price target from $135 to $152 [4] - Mizuho analyst Jason Helfstein maintained an Outperform rating and increased the price target from $149 to $159 [4] - Benchmark analyst Fawne Jiang maintained a Buy rating and raised the price target from $176 to $195 [4]