As we venture into the future of Alibaba, a leading brand in the e-commerce and tech world, the question on many investors’ minds is: “Are Alibaba stock prices expected to go up or down?” With an eye towards 2024 and Beyond, forecasts suggest an upward movement, highlighting Alibaba (BABA) as a stock brimming with potential. This optimism isn’t unfounded; it’s backed by a blend of robust growth rates, solid asset bases, and strategic cash positions that signal a bullish trend, answering if investors should enter a buy or sell position.
For investors focused on short-term market changes, understanding the trading terms related to price forecasts, asset management, and market dynamics is crucial. Alibaba’s growth and strategy are aligned with Warren Buffett’s investment philosophy, which emphasizes the importance of investing in companies with strong value propositions. This approach is evident in Alibaba’s extensive transactions and its expansion into global markets, suggesting a promising direction for the company’s stock.
The article covers the following subjects:
Main takeaways: #BABA Stock Forecast 2024-2030
- Growth Outlook: Analysts are cautiously optimistic about Alibaba’s growth potential, with forecasts suggesting an upward trend in stock prices.
- 2024 Forecasts: Price targets for 2024 include around $105 by J.P. Morgan and an average of $123.18 by StockAnalysis.com, indicating strong growth into 2025.
- 2025 and Beyond: Significant growth expected in 2025 with a potential peak price of $156.06. Long-term projections from 2026 to 2030 suggest a steady increase, with up to a 132% rise by 2030.
- Investment Viability: Alibaba is considered a viable long-term investment, with strong fundamentals and growth prospects in the e-commerce sector.
- External Influences: Alibaba’s performance is influenced by international market dynamics, competition, regulatory changes, and new service demands, but it remains a key player with a positive long-term outlook.
BABA Stock Price Today Coming Days and Week
When forecasting Alibaba’s (#BABA) price, consider recent company news, e-commerce and tech sector trends, and overall market sentiment.
Pay attention to regulatory developments in China, as these can significantly impact Alibaba. Use technical analysis tools like Moving Averages and RSI for short-term trends. Additionally, keep an eye on global economic indicators and geopolitical events, as they can influence investor behavior and market dynamics.
Understanding these factors provides a comprehensive view of #BABA’s potential price movements in the coming days and weeks.
Alibaba Stock Price Prediction for 2024 by Experts
As we approach April 2024, analysts have provided fresh insights into Alibaba’s stock performance, reflecting a cautiously optimistic outlook for the year ahead. Among notable updates, J.P. Morgan has adjusted its price target for Alibaba (BABA), setting it around $105 from a previous estimate, indicating a strategic recalibration based on current market dynamics and Alibaba’s financial health. StockAnalysis.com presents a bullish stance on Alibaba’s future, forecasting a significant increase from the current price, with an average target of $123.18 for the year, suggesting a robust growth trend into 2025.
The consensus among analysts rating leans towards a strong buy BABA stock, underpinned by expectations of a marked rate of increase in the stock’s value. This sentiment is echoed in the aggregate analyst forecasts, which see Alibaba navigating the financial year with promising prospects, potentially leading to a notable uptrend in its market valuation. With these estimates, Alibaba is poised to capture investor interest, buoyed by an anticipated uplift in its stock price, reinforcing the company’s position as a pivotal player in the global market landscape through 2024 and beyond.
30 Rates
Price Range for 2024: $61.50 – $93.43 (as for March 27, 2024)
The 2024 prediction by 30 Rates shows fluctuating trends with a notable recovery by year-end. Starting with a downturn, recommendations lean towards cautious buying, observing RSI and closing figures. From April’s -6.9% to December’s surge to 15.9%, a sell strategy in early months followed by a strategic buy closer to year-end is advised. Last month’s performance and forecasted growth support this recommendation.
Month | Open ($) | Low – High ($) | Close ($) | Total,% |
---|---|---|---|---|
Apr | 70.77 | 61.64 – 78.07 | 69.44 | -6.9% |
May | 69.44 | 65.79 – 77.23 | 71.51 | -4.2% |
Jun | 71.51 | 61.50 – 72.20 | 66.85 | -10.4% |
Jul | 66.85 | 64.43 – 75.63 | 70.03 | -6.2% |
Aug | 70.03 | 66.08 – 77.58 | 71.83 | -3.7% |
Sep | 71.83 | 66.89 – 78.53 | 72.71 | -2.6% |
Oct | 72.71 | 68.35 – 80.23 | 74.29 | -0.4% |
Nov | 74.29 | 69.21 – 81.25 | 75.23 | 0.8% |
Dec | 75.23 | 75.23 – 93.43 | 86.51 | 15.9% |
LongForecast
Price Range for 2024: $ 61.50 – $ 93.43 (as for March 27, 2024)
LongForecast‘s 2024 projection for Alibaba stock suggests a year of notable fluctuations, with the anticipated lowest price point being $61.50, reflecting potential market challenges and uncertainties. On the other end, the forecast highlights an optimistic peak with the highest expected price reaching $93.43, suggesting possible bullish trends or positive developments within the company or market.
Month | Open ($) | Low – High ($) | Close ($) | Total,% |
---|---|---|---|---|
Apr | 70.77 | 61.64 – 78.07 | 69.44 | -6.9% |
May | 69.44 | 65.79 – 77.23 | 71.51 | -4.2% |
Jun | 71.51 | 61.50 – 72.20 | 66.85 | -10.4% |
Jul | 66.85 | 64.43 – 75.63 | 70.03 | -6.2% |
Aug | 70.03 | 66.08 – 77.58 | 71.83 | -3.7% |
Sep | 71.83 | 66.89 – 78.53 | 72.71 | -2.6% |
Oct | 72.71 | 68.35 – 80.23 | 74.29 | -0.4% |
Nov | 74.29 | 69.21 – 81.25 | 75.23 | 0.8% |
Dec | 75.23 | 75.23 – 93.43 | 86.51 | 15.9% |
Coincodex 2024 Forecast for Alibaba Stock Price
Price Range for 2024: $87.44 (as for March 27, 2024)
Coincodex‘s latest analysis on Alibaba Group Holding Limited (BABA) stock suggests an optimistic outlook, projecting a 1.98% increase in share value to reach $73.56 by March 30, 2024, despite a prevailing bearish sentiment. Looking ahead, the forecast for Alibaba Group Holding Limited stock over the next year is promising, with an anticipated increase of 21.23%, bringing the share price to an expected $87.44. This could present a favorable buying opportunity, suggesting the stock might be undervalued at this juncture.
Alibaba Group Technical Analysis
We will conduct technical analysis on the H4, D1, W1, and MN time frames to determine the exact trend of the Alibaba stock price in the medium and long term.
For a more correct assessment, it is recommended to use MACD, RSI, OBV, VWAP, and SMA. These indicators allow you to determine the strength of the current trend, large sell and buy zones, liquid support, and resistance levels, as well as trend reversal and continuation points.
To confirm signals, you can analyze chart and candlestick patterns. These patterns will also help identify the optimal trade entry/exit points and stop loss levels. The most common patterns are the inverted hammer, triangle, and star varieties, the three white soldiers, and the pennant patterns.
The general trend of the trading instrument must be determined before a detailed analysis. The monthly stock chart can help with this.
The monthly timeframe has been showing a steady bearish trend since October 2020.
In the chart, you can see the formation of a symmetrical triangle that can be broken out on both the upside and the downside. Nevertheless, the price chart draws an inverted hammer and a bullish marubozu, which signals that the trend low is likely to be reached. That is, a price reversal is possible.
It is necessary to note the decrease in tick volumes and market volumes according to the OBV indicator. This indicates low interest in the asset among investors and traders. The RSI has been directed horizontally within the range of 36-41 for more than a year, there are no buy signals.
MACD is declining in the positive zone, approaching the zero border, and does not give clear signals. The VWAP and SMA20 lines are located above the price chart, signaling the selling pressure.
A preliminary analysis of the monthly chart gives conflicting signals for the trading instrument. To get a clearer picture, you need to wait for the breakout of the symmetrical triangle pattern. The price consolidation above the horizontal resistance level of 102.31 will suggest opening long positions with targets in the zone of 120.39-142.63 during the current year.
A breakout of the lower triangle border and the price consolidation below the level of 67.88 should strengthen the bearish trend, driving the price towards the zone of 57.98-53.95.
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#BABA Stock Forecast For Next Three Months
Let’s continue technical analysis in the H4 and D1 timeframes to determine the #BABA trend for the next 3 months.
The asset’s four-hour chart shows the formation of an inverted head and shoulders pattern. The potential target for the pattern is located at 88.83. Buyers tried to break through the neckline but to no avail. The price continued to move in a sideways range within the new symmetrical triangle pattern. Therefore, the price can go either up or down.
According to the OBV indicator, reading volumes are in the negative zone, which indicates an outflow of funds from the asset. The RSI has crossed 50, which could signal an upward movement. MACD is also rising in the negative zone, approaching the zero level.
In the daily timeframe, you can see the construction of a large ascending triangle chart pattern, which should be broken out upside by the price. Many reversal bullish candlestick patterns are formed inside the pattern, including an inverted hammer, bullish engulfing, bullish counterattack, and a rare morning star doji pattern.
All these patterns signal that the asset has reached a low price area and should turn up soon.
According to the OBV indicator, market volumes have also increased noticeably, but the tool’s value is negative, suggesting that bears control the market. RSI values gradually increase above 50, signaling a bullish trend.
MACD is in the negative zone near zero, and there are no buy signals. The price chart is below the VWAP line, which also does not signal opening long positions.
The price will most likely remain in the triangle until early or mid-April 2024. Then, the price will have to overcome the upper limit of the pattern. An impulse breakout and price consolidation above the resistance level of 78.19 will signal the opening of long positions. The targets for three months will be the levels 81.06, 84.22, 88.83, 91.19, and 94.20.
Long-Term Alibaba Technical Analysis and Forecast for 2024
We will analyze a weekly timeframe to determine the long-term price trend of Alibaba stocks for 2024.
In the weekly chart, Alibaba’s stock price moves within the symmetrical triangle pattern. Reversal patterns such as bullish engulfing, inverted hammer, and hammer are formed. They signal an increase in buying pressure.
However, the OBV trading volumes are negative. The price is on the VWAP and SMA20 lines. MACD values are in the positive zone near the zero line. The RSI is moving moderately upward.
The asset has most likely reached its minimum and is in the accumulation stage. To open positions, you must wait for the triangle breakout. The trading strategy will depend on the price’s further direction.
The table below presents the expected minimum and maximum price values for each month of 2024.
Month | Price projections for Alibaba Group (#BABA) | |
---|---|---|
Low, $ | High, $ | |
April 2024 | 73.29 | 88.51 |
May 2024 | 71.59 | 90.20 |
June 2024 | 68.63 | 85.55 |
July 2024 | 83.44 | 100.78 |
August 2024 | 98.24 | 117.70 |
September 2024 | 100.78 | 118.12 |
October 2024 | 100.36 | 122.35 |
November 2024 | 116.01 | 141.38 |
December 2024 | 124.46 | 142.65 |
Long-Term Trading Plan for Alibaba Group (#BABA)
The probability of #BABA price recovery this year is high despite conflicting signals from technical indicators.
Trading plan for three months
- Key support levels: 73.26, 70.68, 67.88, 66.57, 63.99.
- Key resistance levels: 75.45, 78.19, 81.06, 84.22, 88.83, 91.19, 94.20.
- Consider long positions if the price breaks out the upper border of the ascending triangle at the level of 78.19, with targets in the zone of 81.06-94.20.
Trading plan for 2024
- Support levels: 67.88, 57.98, 35.68, 16.34.
- Resistance levels: 102.31, 120.39, 143.63, 168.59.
- The situation remains unclear in the weekly timeframes. If the price breaks out and consolidates above level 102.31, a long-term uptrend should start with a target of 168.59 and higher.
- Alternative scenario: if the price breaks out the key support at 67.88, it will go down to the zone of 57.98-16.34.
Alibaba Share Forecast for 2025
Exploring the trajectory of Alibaba shares, our forecast for 2025 delves into anticipated market trends, price movements, and investment opportunities. This concise analysis aims to equip investors with insights for strategic decision-making aimming to higher earnings, amidst the evolving digital commerce landscape.
30 Rates
Price Range for 2025: $ 79.92 – $ 156.06 (as for March 27, 2024)
The 2025 forecast for BABA stock from 30 Rates reveals significant growth, with a remarkable 93.6% peak in August, before a dip. Early months suggest a strong buy recommendation, as the price trajectory climbs sharply until mid-year. From January’s 16.4% to June’s 64.3%, investing seems promising. However, a cautious review of RSI and last month’s closing advises potential sell signals post-August. The year anticipates volatile trends, underscoring the importance of staying updated with recommendation trends.
Month | Open ($) | Low – High ($) | Close ($) | Total,% |
---|---|---|---|---|
Jan | 86.51 | 79.92 – 93.82 | 86.87 | 16.4% |
Feb | 86.87 | 80.20 – 94.14 | 87.17 | 16.8% |
Mar | 87.17 | 83.20 – 97.68 | 90.44 | 21.2% |
Apr | 90.44 | 90.44 – 110.96 | 102.74 | 37.7% |
May | 102.74 | 98.06 – 115.12 | 106.59 | 42.8% |
Jun | 106.59 | 106.59 – 132.39 | 122.58 | 64.3% |
Jul | 122.58 | 115.60 – 135.70 | 125.65 | 68.4% |
Aug | 125.65 | 125.65 – 156.06 | 144.50 | 93.6% |
Sep | 144.50 | 113.00 – 144.50 | 122.83 | 64.6% |
Oct | 122.83 | 96.46 – 122.83 | 104.85 | 40.5% |
Nov | 104.85 | 100.06 – 117.46 | 108.76 | 45.8% |
Dec | 108.76 | 85.05 – 108.76 | 92.45 | 23.9% |
LongForecast
Price Range for 2025: $ 79.92 – $ 156.06 (as for March 27, 2024)
LongForecast‘s outlook for Alibaba stock in 2025 is decidedly optimistic, despite anticipating some fluctuations throughout the year. The price predictions suggests a strong upward trend in Alibaba’s share price, indicating robust growth potential and a positive market sentiment towards the company.
Month | Open ($) | Low – High ($) | Close($) | Total,% |
---|---|---|---|---|
Jan | 86.51 | 79.92 – 93.82 | 86.87 | 16.4% |
Feb | 86.87 | 80.20 – 94.14 | 87.17 | 16.8% |
Mar | 87.17 | 83.20 – 97.68 | 90.44 | 21.2% |
Apr | 90.44 | 90.44 – 110.96 | 102.74 | 37.7% |
May | 102.74 | 98.06 – 115.12 | 106.59 | 42.8% |
Jun | 106.59 | 106.59 – 132.39 | 122.58 | 64.3% |
Jul | 122.58 | 115.60 – 135.70 | 125.65 | 68.4% |
Aug | 125.65 | 125.65 – 156.06 | 144.50 | 93.6% |
Sep | 144.50 | 113.00 – 144.50 | 122.83 | 64.6% |
Oct | 122.83 | 96.46 – 122.83 | 104.85 | 40.5% |
Nov | 104.85 | 100.06 – 117.46 | 108.76 | 45.8% |
Dec | 108.76 | 85.05 – 108.76 | 92.45 | 23.9% |
CoinCodex 2025 Forecast for Alibaba Stock Price
Price Range for 2025: $ 75.66 (as for March 27, 2024)
CoinCodex presents a cautiously optimistic forecast for Alibaba stock in 2025, projecting a modest increase of 4.90% to reach a price of $75.66. This prediction, while positive, has notably less ambitious purpose compared to other expert analyses. It suggests a conservative growth outlook for Alibaba, indicating a steady yet restrained upward trajectory. This tempered expectation might reflect a more measured assessment of market conditions and potential challenges facing Alibaba, hinting at a cautious optimism among investors about the stock’s performance in the coming years.
Long Term Alibaba Stock Forecast 2026-2030
The long-term forecast for Alibaba stock from 2026 to 2030 suggests a steady upward trajectory, indicating robust growth prospects for investors. Starting with a 51% increase by the end of 2026, the stock is expected to continue its ascent, reaching a 132% increase by 2030. These projections underscore a strong buy recommendation for long-term investors, reflecting confidence in Alibaba’s market position and growth strategy. However, it’s essential to monitor the RSI and closing prices for any adjustments in investment strategy. Last month’s data further supports the positive outlook.
Year | Mid-Year | Year-End | Tod/End,% |
---|---|---|---|
2026 | $99.72 | $109.08 | +51% |
2027 | $114.22 | $127.07 | +76% |
2028 | $136.52 | $144.34 | +100% |
2029 | $146.69 | $157.69 | +119% |
2030 | $163.91 | $167.29 | +132% |
Source: Coinpriceforecast.com (as for March 27, 2024)
How Did the Price of Alibaba Change Over Time?
BABA stock has faced significant volatility within the Nasdaq, influenced by economic headwinds from China. In 2022, the stock price for BABA dropped 25.84%, reflecting consensus concern over inflation and less optimistic financial forecasts. Despite the downturn, the long-term outlook based on indicators like moving averages and analyst price targets from platforms like TipRanks remains cautiously optimistic, with some considering BABA stock a potentially good stock to buy at a premium.
Source: macrotrends.net
Historical performance varied, with a notable rise in 2017 by 96.37% but a sharp decline of 48.96% in 2021, underscoring the stock’s unpredictable nature. As investors scrutinize the 12-month price and Alibaba’s EPS, the mixed financial forecast and China’s regulatory cloud suggest a careful approach for those seeking long-term value in their portfolios.
About Alibaba
Alibaba Group Holding Limited, founded by Jack Ma in 1999 in Hangzhou, China, has become an e-commerce behemoth with a global footprint. Initially developed in the founder’s apartment, Alibaba has expanded far beyond its origins to embody the spirit of making it easy to do business anywhere. By the end of 2001, Alibaba.com boasted over one million registered users, marking the beginning of its rapid ascent in the digital marketplace. The group’s landmark moments include the launch of AliExpress in 2010 and its historic initial public offerings on the New York Stock Exchange in 2014 and the Hong Kong Stock Exchange five years later, symbolizing its vast influence in both eastern and western financial markets for the last 10 years.
Alibaba’s ecosystem, enriched by more than a billion active annual users, showcases its unparalleled scale and diversity within the e-commerce, artificial intelligence, and cloud computing domains. The group’s extensive portfolio, including Taobao, Tmall, AliExpress, and Alibaba Cloud, highlights its dominance across a multitude of sectors, facilitating a myriad of C2C, B2B, and B2C transactions. This financial powerhouse’s strategic moves, underscored by a significant market presence and an ambitious vision, reflect a relentless pursuit of innovation and global expansion, continually shaping the future of commerce and digital technology worldwide.
Factors That May Impact Alibaba
Alibaba Group Holding Limited, faces several critical factors and issues that could impact its future performance and stock valuation. Understanding these elements is essential for investors and analysts aiming to gauge Alibaba’s potential market movements, financial health, and strategic positioning.
International Markets
International markets are pivotal for Alibaba Group Holding Limited, offering growth opportunities and posing challenges due to economic fluctuations and varying consumer preferences. The company’s ability to adapt to these international trends significantly influences its stock forecast and financial performance. Analysts must account for these global market dynamics when estimating Alibaba’s future trajectory, impacting the company’s average stock rate and target predictions.
Competitors
Competition represents a crucial factor affecting Alibaba’s market dominance. The presence of strong competitors, both within China and internationally, requires Alibaba to continuously innovate and refine its strategies. This competitive landscape can influence Alibaba’s stock performance, as investors and analysts evaluate Alibaba’s capacity to maintain or expand its market share against its rivals, potentially affecting the company’s stock price and financial stability.
Government Regulations
Government regulations in China and other operational territories significantly impact Alibaba Group Holding Limited. Regulatory changes related to e-commerce, data protection, and cross-border trade can directly affect Alibaba’s business operations and financial results. These regulations are closely monitored by analysts, as they can lead to adjustments in the stock forecast, predictions, and overall financial estimates for Alibaba.
Demand for New Services
The demand for new services is a critical driver of Alibaba’s continued growth and financial health. Innovating and introducing new services that meet consumer needs can lead to an increase in Alibaba’s market value and stock price. The success in predicting and capitalizing on these demands is essential for maintaining Alibaba’s competitive edge and is closely watched by investors and analysts for potential impacts on the stock forecast and financial performance of Alibaba Group Holding Limited.
What Is the Future of the Alibaba Stock Price? Is Alibaba Still a Good Investment?
The Alibaba stock forecast paints an optimistic picture for BABA stock, suggesting a significant rise and solid long-term growth prospects. Analysts’ price targets and stock price forecasts highlight Alibaba as a potentially good stock to buy. While there might be concerns about resistance and negative forecasts, the overall financial forecast, including EPS and moving averages, underscores a promising outlook for the next 12 months. This positive sentiment positions Alibaba as a premium investment choice, reflecting strong confidence in its future market performance.
FAQs on Alibaba Stock Forecast
Price chart of BABA in real time mode
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.