Susquehanna Touts Alibaba Group Holding Limited (BABA) Prospects on e-Commerce and Cloud Business Growth

Core Viewpoint - Alibaba Group Holding Limited (NYSE:BABA) is favored by billionaire David Tepper as a top stock pick for 2026, with analysts at Susquehanna maintaining a Positive rating and a $190 price target due to strong performance in its core China e-commerce business [1]. Group 1: Financial Performance - Alibaba's revenue for the first half of the year grew by 3% to $69.6 billion, driven by strong e-commerce sales and the integration of artificial intelligence tools into its e-commerce suite [3]. - The company continues to experience robust demand for its artificial intelligence and cloud offerings, contributing to its overall revenue growth [2]. Group 2: Market Position and Growth Opportunities - Susquehanna's favorable rating is based on Alibaba's strong positioning in the e-commerce market, which is supported by substantial growth opportunities [2]. - The company's quick commerce segment has shown significant improvement in unit economics, leading to rapid growth in monthly active consumers on the Taobao app [3]. Group 3: Investment Considerations - Despite concerns regarding margin pressure due to increased investments in AI Cloud and quick commerce, Susquehanna remains confident in Alibaba's long-term prospects in China's e-commerce market [4].