Alibaba completes HKD 80 billion placing for Alibaba Group stock

Published on 10/01/2026 at 13:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quarterly revenue rose 8.60 percent to USD 39.64 billion in the June quarter. Alibaba Group stock costs EUR 95.50 on October 1, 2026 versus EUR 95.00.

BABA, US01609W1027, Illustration mit AI erstellt.

Alibaba Group (ISIN US01609W1027) was trading at EUR 95.50 at Lang & Schwarz on October 1, 2026 at 12:49 p.m. CEST, up 0.53 percent versus the prior close of EUR 95.00. The company completed an HKD 80 billion placing announced on August 26, 2026, according to Alibaba Group.

Revenue grew as profit weakened

In the quarter ended June 30, 2026, Alibaba reported revenue of RMB 268.953 billion, up 9.00 percent year over year, while net income fell 75.00 percent to RMB 10.444 billion, according to Beancount. The combination puts the revenue increase beside a sharp earnings contraction in the first quarter of fiscal 2027.

MarketBeat reported that quarterly revenue reached USD 39.64 billion, up 8.60 percent year over year, while earnings per share of USD 1.26 missed the USD 1.94 consensus by USD 0.68. That gap makes execution and cost control more important than the top-line growth rate alone.

Analysts see a wide valuation gap

On September 30, 2026, MarketBeat reported a Moderate Buy consensus from 21 analysts, including 14 buy ratings, five holds and two strong-buy ratings. The average 12-month price target was USD 187.05, while the same report cited Alibaba shares below both their 50-day and 200-day moving averages.

Earlier, MarketBeat said Erste Group lifted its fiscal 2027 earnings-per-share forecast to USD 5.81 from USD 5.66 on September 8, 2026. The revised estimate remained below the USD 5.91 consensus, leaving analysts divided between Alibaba's expanding technology businesses and its weaker near-term profitability.

Alibaba stock stays near EUR 95.50

Alibaba Group stock was trading at EUR 95.50 at Lang & Schwarz on October 1, 2026 at 12:49 p.m. CEST. The quote stood EUR 0.50 above the Lang & Schwarz prior close of EUR 95.00, a gain of 0.53 percent for the session. The further course of trading is shown by the continuously updated real-time quote of Alibaba Group stock.