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An update from Alibaba Group Holding Ltd. ( (HK:9988) ) is now available.
Alibaba Group announced its financial results for the March quarter and fiscal year 2025, highlighting significant growth driven by its ‘user first, AI-driven’ strategy. The company reported a 7% increase in quarterly revenue and a 36% rise in EBITA, with AI-related product revenue achieving triple-digit growth for the seventh consecutive quarter. Alibaba also repurchased $11.9 billion of shares, reducing outstanding shares by 5.1%, and declared dividends totaling $4.6 billion, reflecting a strong commitment to enhancing shareholder returns.
The most recent analyst rating on (HK:9988) stock is a Buy with a HK$117.00 price target. To see the full list of analyst forecasts on Alibaba Group Holding Ltd. stock, see the HK:9988 Stock Forecast page.
More about Alibaba Group Holding Ltd.
Alibaba Group Holding Ltd. is a leading company in the e-commerce and technology industry, known for its online retail platforms such as Taobao and Tmall. The company also focuses on cloud computing and artificial intelligence, positioning itself as a major player in the digital economy.
Average Trading Volume: 143,179,291
Technical Sentiment Signal: Buy
Current Market Cap: HK$2406.8B
Find detailed analytics on 9988 stock on TipRanks’ Stock Analysis page.