Alibaba joins USD 35 billion AI orders, and Alibaba Group stock sits 45.40 percent below high
Published on 10/26/2026 at 11:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOrders and estimates shape trading
- Alibaba was linked to more than USD 35 billion of Nvidia chip orders on October 20, 2026.
- Erste lifted its fiscal 2027 earnings-per-share estimate to USD 5.92 from USD 5.82 on October 21, 2026.
- Alibaba Group stock trades at EUR 89.35 at 11:15 a.m. CEST at Lang & Schwarz on October 26, 2026, 0.39 percent below the Xetra close of October 23, 2026.
Alibaba Group (ISIN US01609W1027) was linked to more than USD 35.00 billion of Nvidia chip orders on October 20, 2026, according to Reuters. Alibaba Group stock was trading at EUR 89.35 at Lang & Schwarz on October 26, 2026 at 11:15 a.m. CEST, 0.39 percent below the Xetra close of October 23, 2026 at EUR 89.70.
AI demand meets spending pressure
The Reuters report said Alibaba, ByteDance and Tencent had ordered more than 3 million Nvidia RTX PRO 5500 graphics cards. The chips are designed for export-compliant AI use, making the order relevant to Alibaba's cloud infrastructure plans, while the scale also points to heavy capital demands.
Adalytica reported on October 24, 2026 that Alibaba's free cash flow was negative RMB 44.67 billion in the quarter, with cloud infrastructure spending a major factor. That figure gives the chip orders a financial counterweight: the growth opportunity is measurable, but so is the funding burden.
What changed in the estimates?
MarketBeat said on October 23, 2026 that Erste Group Bank raised its fiscal 2027 earnings-per-share estimate to USD 5.92 from USD 5.82. The increase was 1.72 percent, calculated against the earlier estimate, and the new figure exceeded the USD 5.74 consensus cited in the same report.
Three dates frame the story
On June 30, 2026, Alibaba reported quarterly revenue of CNY 268.95 billion and net income attributable to common shareholders of CNY 10.54 billion in its fiscal first quarter, according to the standardized financial statement data. On October 8, 2026, Jefferies reiterated a buy rating and a USD 192.00 price target, as reported by MarketBeat. The Nvidia order report followed on October 20, 2026.
When is the next reporting date?
Earnings Today lists November 24, 2026 as Alibaba's next scheduled earnings date. The same source identifies the June 30, 2026 quarter as the latest reported period.
Stock stays below its yearly high
Alibaba's primary listing is on the NYSE, where the stock was quoted at USD 99.64 on October 23, 2026, according to the Xetra quote page, while the 52-week high was USD 182.50 in the cited MarketBeat report. The dollar price stood 45.40 percent below that high, underscoring how expectations for AI investment are being weighed against near-term profitability.
The further course of trading is shown by the continuously updated real-time quote of Alibaba Group stock.
Alibaba Group Holding Limited at a glance
- Company: Alibaba Group Holding Limited
- ISIN: US01609W1027
- Ticker: BABA
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 26, 2026, 11:15 a.m. CEST): EUR 89.35
- Change versus Xetra close: minus 0.39 percent
- Xetra close (October 23, 2026): EUR 89.70
- Sector / Industry: Internet Services
Market context: Market report S&P 500.
