Sebastian sees room for Alibaba to exceed estimates in the June quarter due to “the pace of retail recovery and impressive ramp in cloud adoption.” He rates the stock at outperform with a $275 price target, and he’s upbeat about the company’s cloud trajectory given heightened interest in digital services amid the COVID-19 crisis. Seeking Alpha .
A big NIO bear is a little less bearish.
By using this site you agree to the Video, 00:01:00China official on education programme. Though geopolitical tensions loom, Alibaba Group Holding Ltd. seems to be in a good spot as China continues its economic recovery from COVID-19.
The White House has been taking a harder line on Chinese apps lately, with President Trump issuing executive orders that give Chinese company ByteDance 90 days to divest itself of assets related to its popular TikTok service and seek to shut down Tencent Holdings Ltd.’s
And his upgrade is enough to get NIO shares moving again on Tuesday.
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RBC Capital Markets analyst Mark Mahaney is also encouraged about Alibaba’s potential in the cloud, which he said represents a “very large $30 billion to $40 billion market opportunity for the company,” though he expects that competition in this business has intensified.“For FQ1, we expect cloud to grow 58% year over year to RMB 12.3 billion in revenue, largely in line with the Street, though we believe the step-up in competition from Tencent will temper the segment’s path to profitability in the medium term,” he wrote.
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Analysts, on average, expect Alibaba’s earnings per share to rise about 16% this year to $8.76, and the mean top-line estimate calls for growth of 32%. Analysts covering Alibaba Group Holding modeled for quarterly EPS of $1.98 on revenue of $21.22 billion. Video, 00:01:46'Nobody wants their thighs rubbed 250 days a year' Video, 00:06:05Boy, 8, becomes youngest to solo pilot hot air balloon.
Markets Insider. With that momentum, Alibaba’s June-quarter volume growth was likely ahead of what it was in the December quarter, according to Oppenheimer analyst Jason Helfstein, but the key will be how that translates into revenue.
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Alibaba, la plus grande plateforme de commerce B2B en ligne au monde.
Alibaba reports fiscal first-quarter earnings Thursday morning.
Business Insider . Alibaba propose des fabricants, des fournisseurs, des exportateurs, des importateurs, des acheteurs, des grossistes et des produits de qualité. Video, 00:00:56Boy, 8, becomes youngest to solo pilot hot air balloonâThereâs no such thing as a bad viewâ Video, 00:02:58
Breaking Down Alibaba Stock. Oppenheimer’s Helfstein said that it’s “difficult to discount the impact of worsening US/China relations” but that Alibaba “remains well positioned,” in his view. Earnings: The FactSet consensus calls for RMB 13.82 in adjusted earnings per share, up from RMB 12.55 a year prior. Revenue of $21.76B (+34% Y/Y) beats by ... amp video_youtube 4 days ago. Video, 00:02:40Coronavirus and schools: Where are the risks? Looking beyond the big shopping event, analysts seem encouraged by upbeat Chinese government data on online sales of physical goods in June, though they’ll be looking for commentary on more recent trends given that the July statistics showed a slight slowdown in growth, to 24.5% from 25.2%. Stock movement: Alibaba … Shares in Alibaba have plunged almost 9% after the Chinese e-commerce giant's quarterly earnings report showed weaker-than-expected sales growth.The online shopping platform posted a 40% jump in sales to $4.2bn, but investors were hoping for more.
Helfstein is encouraged by Chinese government data indicating that online sales are becoming a bigger part of overall consumption, a trend he deems sustainable given that new buyers seem to be opening up to the convenience of e-commerce while existing buyers are expanding the categories in which they make purchases. The Trump administration also wants stricter auditing standards for Chinese companies that list their shares on U.S. stock exchanges. Alibaba stock, JD.com (), NetEase (), Vipshop and Pinduoduo are top stocks to watch near buy points with most of the China internet stocks set to report earnings in the week ahead. Video, 00:10:00How Apple made 'biggest profit ever' Video, 00:02:53From âcriteria metâ to âfalsehoods and liesâ Video, 00:03:38From âcriteria metâ to âfalsehoods and liesâ57 years on from the March on Washington. Mahaney has an outperform rating and a $235 price target on the stock. Alibaba earnings per ADS beats by $0.14, beats on revenue (NYSE:BABA) | Seeking AlphaSeeking AlphaSeeking AlphaSeeking Alpha. Alibaba News: This is the News-site for the company Alibaba on Markets Insider. Helfstein has an outperform rating and $290 price target on the shares. Shares in Alibaba have plunged almost 9% after the Chinese e-commerce giant's quarterly earnings report showed weaker-than-expected sales growth. Another issue to watch for will be the company’s view on weakening relations between the U.S. and China, particularly in the realm of technology. … Alibaba “is still focusing on helping merchants recover from COVID-19, and revenue growth is expected to be slower than [gross-merchandise volume],” he wrote. Importez et exportez sur alibaba.com.
Earnings and Revenue. The BBC is not responsible for the content of external sites.Alibaba's earnings worry investors.
Video, 00:01:23Up Next, Apple reports booming China sales. Buy Nvidia & Alibaba Stock Before Earnings as Big Tech Continues to Climb? Alibaba earnings per ADS beats by $0.14, beats on revenue.