Alibaba (BABA) stock has fallen 7.6% over the past week, dropped 19.8% in the last month, and is down 7.2% over the past year. Wall Street’s analysts are strongly bullish, forecasting a move toward a 12‑month price target of $192.75 from the last close of $124.90, implying meaningful upside over the next twelve months.
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Analyst Bo Pei Cfa of US Tiger Securities upgraded Alibaba to Buy with a $175 price target, seeing attractive valuation after a roughly 35% pullback. He acknowledges weaker recent revenue and profitability as consumer demand and transaction activity stay soft, but highlights accelerating AI and cloud momentum as the main driver for a potential re-rating.
Pei notes that Alibaba’s Cloud Intelligence Group posted another quarter of re-acceleration, with external revenue up 35% year over year and AI-related revenue showing triple-digit growth for ten straight quarters. Management aims for more than $100 billion in AI and cloud external revenue within five years, implying about 40% annual growth and signaling a structural shift to a usage-driven, token-based MaaS model.
Jefferies analyst Thomas Chong reiterated his Buy rating with a higher $212 price target, emphasizing Alibaba’s push into the agentic AI era and MaaS as the key growth engine. He points to cloud revenue expected to grow at over 40% annually to reach $100 billion in five years, while China e‑commerce CMR is expected to grow over 5% year over year in the March quarter despite recent earnings pressure.
Morgan Stanley’s Gary Yu also reiterated a Buy rating with a $180 price target and maintains Alibaba as a Top Pick, expecting cloud growth to reach 40% in 4Q26 and 45% in FY27. Yu sees improving consumption trends, narrowing quick commerce losses, and eventual margin upside from FY27, supporting gradual profitability improvement even as near‑term EBITA remains weighed down by heavy AI and quick commerce investments. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.