BofA raises Alibaba target to USD 178 for Alibaba Group stock

Published on 10/12/2026 at 12:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BofA sees CNY 30.00 billion adjusted EBITA for the September quarter. Alibaba Group stock costs EUR 98.50 on October 12, 2026 versus Xetra close EUR 98.70.

Key points in brief

BofA raised its objective for Alibaba's U.S.-listed shares to USD 178.00 on October 12, 2026.
Adjusted EBITA is forecast at CNY 30.00 billion for the September quarter, above a CNY 26.00 billion consensus.
Alibaba Group stock was at EUR 98.50 at Lang & Schwarz, 0.20 percent below the October 9 Xetra close of EUR 98.70.
The U.S.-listed ADR has a USD 91.99 to USD 182.50 52-week range and a USD 266.9 billion market value.

BABA, US01609W1027, Illustration mit AI erstellt.

Alibaba Group stock (ISIN US01609W1027) was trading at EUR 98.50 at Lang & Schwarz on October 12, 2026 at 12:03 p.m. CEST, 0.20 percent below the Xetra close of October 9, 2026 at EUR 98.70. Investing.com reported on October 12, 2026 that Bank of America raised its objective for Alibaba's U.S.-listed shares to USD 178.00 and kept its Buy rating.

Three dated signals for Alibaba

For the latest reported quarter ended June 30, 2026, Alibaba generated CNY 268.95 billion in revenue and CNY 10.44 billion in consolidated net income. Business Quant reports that revenue increased 14.70 percent year over year to USD 39.64 billion, while net income reached USD 5.16 billion for the same quarter.

On October 8, 2026, Jefferies analyst Thomas Chong reiterated a Buy rating and lifted his target from USD 190.00 to USD 192.00, according to Yahoo Finance. On October 12, 2026, BofA's USD 178.00 objective became the latest dated target in the reported sequence.

What could lift adjusted EBITA?

Investing.com says BofA forecasts group adjusted EBITA of CNY 30.00 billion for the September quarter, compared with a CNY 26.00 billion consensus estimate and CNY 27.00 billion in the June quarter. The same forecast puts cloud revenue growth at 52.00 percent, up from 45.00 percent in the previous quarter, while adjusted EBITA margin is expected to widen from 11.60 percent to 12.90 percent.

The forecast also identifies a cost test. BofA expects losses at Alibaba's artificial intelligence labs and applications to narrow from CNY 14.00 billion to CNY 11.00 billion, while quick-commerce losses are projected to decline from CNY 9.80 billion to CNY 9.60 billion.

Next reporting window

Alibaba is expected to report its September-quarter results between late October and mid-November 2026, according to Investing.com. The report will test whether cloud growth and narrower new-business losses support the adjusted EBITA forecast.

Euro quote and valuation context

Alibaba's U.S.-listed ADR had a USD 91.99 to USD 182.50 52-week range as of October 9, 2026. The same market snapshot put its capitalization at USD 266.9 billion, while the primary listing is on the NYSE.

Stock Analysis identifies Alibaba Group Holding Limited as NYSE-listed under ticker BABA and classifies the business in Internet Retail and Consumer Discretionary. Its profile describes the China commerce, international commerce and Cloud Intelligence segments, making the cloud margin forecast a central operating measure for the upcoming report.

Euro quote stays below the Xetra close

At Lang & Schwarz, Alibaba Group stock was trading at EUR 98.50 on October 12, 2026 at 12:03 p.m. CEST, 0.20 percent below the Xetra close of October 9, 2026 at EUR 98.70. The further course of trading is shown by the continuously updated real-time quote of Alibaba Group stock.