BofA raises its Alibaba target to USD 178 for Alibaba Group stock

Published on 10/26/2026 at 16:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached RMB 268.95 billion in fiscal first quarter 2027, up 9.00 percent. Alibaba Group stock costs EUR 89.85 on October 26, 2026.

Analyst view and earnings

BofA raised its Alibaba price target from USD 175.00 to USD 178.00 on October 9, 2026.
Revenue reached RMB 268.95 billion in fiscal first quarter 2027, up 9.00 percent year over year.
Alibaba Group stock costs EUR 89.85 at Lang & Schwarz on October 26, 2026 at 4:11 p.m. CEST.

BABA, US01609W1027, Illustration mit AI erstellt.

Alibaba Group (ISIN US01609W1027) is trading at EUR 89.85 at Lang & Schwarz on October 26, 2026 at 4:11 p.m. CEST. BofA analyst Joyce Ju raised the price target from USD 175.00 to USD 178.00 on October 9, 2026, according to Markets Insider.

Cloud growth lifts the estimates

Alibaba reported revenue of RMB 268.95 billion for fiscal first quarter 2027, a 9.00 percent increase from the year-earlier period. The quarter ended June 30, 2026, and the reported figure was accompanied by 45.00 percent growth in cloud revenue, according to Recursive Gains.

The earnings mix was less uniform. Alibaba's net income fell 75.00 percent year over year to RMB 10.44 billion in fiscal first quarter 2027, while adjusted EBITA declined 30.00 percent to RMB 27.33 billion. The contrast places the cloud expansion beside heavier investment spending.

What does the target signal?

BofA's USD 178.00 target followed its earlier USD 175.00 view and came with a Buy rating. The same report said the firm raised its fiscal 2027 to fiscal 2029 earnings estimates by 3.00 percent to 9.00 percent as cloud momentum and efficiency improved. The target update is a dated analyst view, not a forecast from this article.

Reporting date and valuation

Alibaba's next earnings date is listed as December 1, 2026, by Forecaster. A separate October 25 analyst overview counted 21 analysts and reported a Moderate Buy consensus with an average target of USD 182.89, according to MarketBeat.

Stock position and investor frame

On the NYSE, Alibaba closed at USD 99.64 on October 23, 2026. The reported 12-month range was USD 91.99 to USD 182.50, while market capitalization was USD 253.05 billion on October 23, 2026. These figures frame a stock whose cloud growth is advancing faster than its consolidated profit.

Price and next milestone

The next scheduled reporting date gives investors a concrete calendar marker after the analyst revisions. The key operating comparison remains the gap between 45.00 percent cloud revenue growth and the 75.00 percent decline in net income in fiscal first quarter 2027. Alibaba Group stock was trading at EUR 89.85 at Lang & Schwarz on October 26, 2026 at 4:11 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Alibaba Group stock.