Goldman Sachs: Maintains "Buy" Rating on Alibaba-W (09988) and Upgrades Price Target to HK$156

Like
Comment
Favorite

Goldman Sachs: Maintains "Buy" Rating on Alibaba-W (09988) and Upgrades Price Target to HK$156

智通财经2025-02-21

Zhitong Finance APP learned that,Goldman SachsReleased a research report saying that maintainingAlibaba-W(09988,BABA.US) with a "Buy" rating, raising the price target for U.S. shares to $160 from $117 and Hong Kong shares to HK$156 from HK$114. The bank said that Ali's performance in the third fiscal quarter ended at the end of December last year beat expectations, and the management's AI-related capital expenditure guidance on the performance conference call was higher than expected.

According to the bank, the reason for raising the target price is that the profit of core e-commerce business in the mainland is stable, and the revenue growth of Alibaba Cloud accelerates to 23% and 25% respectively in fiscal 2026 and 2027, compared with the original forecast growth of 13% and 14% respectively.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2513725323?lang=en_US&edition=fundamental","thumbnail":"","is_english":false,"pubTime":"2025-02-21 15:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2513725323","market":"us","top_or_hot":-1,"title":"Goldman Sachs: Maintains \"Buy\" Rating on Alibaba-W (09988) and Upgrades Price Target to HK$156","media":"智通财经","content":"<p><html><body>Zhitong Finance APP learned that,<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Released a research report saying that maintaining<a href=\"https://laohu8.com/S/09988\">Alibaba-W</a>(09988,BABA.US) with a \"Buy\" rating, raising the price target for U.S. shares to $160 from $117 and Hong Kong shares to HK$156 from HK$114. The bank said that Ali's performance in the third fiscal quarter ended at the end of December last year beat expectations, and the management's AI-related capital expenditure guidance on the performance conference call was higher than expected.</p><p>According to the bank, the reason for raising the target price is that the profit of core e-commerce business in the mainland is stable, and the revenue growth of Alibaba Cloud accelerates to 23% and 25% respectively in fiscal 2026 and 2027, compared with the original forecast growth of 13% and 14% respectively.</p><p></body></html></p>","source":"stock_zhitongcaijing","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs: Maintains \"Buy\" Rating on Alibaba-W (09988) and Upgrades Price Target to HK$156</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs: Maintains \"Buy\" Rating on Alibaba-W (09988) and Upgrades Price Target to HK$156\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经</strong><span class=\"h-time small\">2025-02-21 15:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><body>Zhitong Finance APP learned that,<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Released a research report saying that maintaining<a href=\"https://laohu8.com/S/09988\">Alibaba-W</a>(09988,BABA.US) with a \"Buy\" rating, raising the price target for U.S. shares to $160 from $117 and Hong Kong shares to HK$156 from HK$114. The bank said that Ali's performance in the third fiscal quarter ended at the end of December last year beat expectations, and the management's AI-related capital expenditure guidance on the performance conference call was higher than expected.</p><p>According to the bank, the reason for raising the target price is that the profit of core e-commerce business in the mainland is stable, and the revenue growth of Alibaba Cloud accelerates to 23% and 25% respectively in fiscal 2026 and 2027, compared with the original forecast growth of 13% and 14% respectively.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.zhitongcaijing.com/content/detail/1252682.html\">智通财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09988","symbol_name":"阿里巴巴-W","start_time":0,"source_url":"http://www.zhitongcaijing.com/content/detail/1252682.html","article_id":"2513725323","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2513725323","pubTimestamp":1740124538,"columns":[],"sourceInfo":{"source_id":"stock_zhitongcaijing","name":"智通财经网"},"weMediaInfo":null,"summary":"智通财经APP获悉，高盛发布研报称，维持阿里巴巴-W(09988,BABA.US)“买入”评级，将美股目标价从117美元上调至160美元，港股目标价从114港元上调至156港元。该行称阿里截至去年12月底止第三财季业绩大胜预期，且管理层在业绩电话会议上所提出人工智能相关的资本支出指引高于预期。该行指，上调目标价原因是内地核心电子商务业务利润稳定，以及2026和2027财年阿里云收入增长加快至各23%和25%，原预测增长各13%和14%。","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":["rate"],"viewcount":null,"language":"zh","relate_stocks":{"09988":"阿里巴巴-W"},"translate_title":"Goldman Sachs: Maintain Alibaba-W (09988) \"buy\" rating and raise target price to HK $156","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09988":1},"content_text":"智通财经APP获悉，高盛发布研报称，维持阿里巴巴-W(09988,BABA.US)“买入”评级，将美股目标价从117美元上调至160美元，港股目标价从114港元上调至156港元。该行称阿里截至去年12月底止第三财季业绩大胜预期，且管理层在业绩电话会议上所提出人工智能相关的资本支出指引高于预期。该行指，上调目标价原因是内地核心电子商务业务利润稳定，以及2026和2027财年阿里云收入增长加快至各23%和25%，原预测增长各13%和14%。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"rating","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}