Alibaba is rated a Buy with a 12-month price target of $124, implying a 24% upside from current levels. The company's cloud segment is the main growth driver, showing 45% revenue growth and improved margins, while its commerce profits remain stable despite strong competition and regulatory challenges. Recent share dilution and negative free cash flow are manageable, but there is a risk of further capital raises if cloud growth slows and capital expenditures stay high. The current valuation is conservative, reflecting significant uncertainty including the risk of a US investment ban, suggesting investors should hold a small position.
Alibaba shares are trading at USD 100.70 on Pluang, showing a modest 0.46% gain as of Oct 28, 2026 13:21 WIB. The stock has a market cap of $249.74 billion and most Pluang users are buyers, with 86% of order activity favoring purchases.
