Yes, the stock is cheap
As a result, Alibaba’s stock has sold off as investors try to account for these risks. Analysts are calling for $140 billion in revenue for the full 2022 fiscal year (calendar 2021), putting the stock at a price-to-sales ratio of just over 3.
Is Baba a good long term investment?
For investors who have a long enough time horizon, Alibaba (NYSE:BABA) looks well positioned to grow revenue and generate strong returns regardless of short term price action. However, investors should be wary of the unique risks surrounding the company and size their position accordingly.
What is the future of Alibaba stock price?
Stock Price Forecast
The 51 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 200.45, with a high estimate of 303.31 and a low estimate of 32.98. The median estimate represents a +60.29% increase from the last price of 125.06.
Is Alibaba risky stock?
Regulatory uncertainty and geopolitical risks in China make BABA stock too risky. … The Chinese government’s decision to reshape its entire economy and impose regulatory changes to its technology sector now makes BABA stock too risky, as this crackdown may continue in 2022.
Does Alibaba stock pay dividends?
Alibaba (NYSE: BABA) does not pay a dividend.
Why is Baba stock falling?
Chinese stocks have fallen some 13% this year amid a regulatory crackdown. Alibaba , Tencent, Baidu, and other Chinese tech companies were under pressure Monday, after the country’s competition regulator issued a flurry of new fines over the weekend—the latest installment in a wave of antitrust investigations.
What is Alibaba do?
Alibaba.com is an online B2B marketplace where buyers and sellers from around the world can connect and carry out transactions. It is a secure, trusted platform that is used by millions and millions of businesses. Alibaba.com is part of the Alibaba Group and was founded by Jack Ma in 1999.
Is Alibaba bigger than Amazon?
Alibaba is now the world’s largest online and mobile commerce company. … Alibaba derives a similar financial benefit in China from its cloud offering. In terms of scale, Alibaba is way bigger than Amazon.