Alibaba 5 year stock projections
Alibaba Group Holding Ltd. The Core Commerce segment comprises of platforms operating in retail and wholesale. The Cloud Computing segment consists of Alibaba Cloud, which offers elastic computing, database, storage and content delivery network, large scale computing, security, management and application, big data analytics, a machine learning platform, and other services provide for enterprises of different sizes across various industries. This browser is no longer supported at MarketWatch. For the best MarketWatch.
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- Alibaba slashes sales outlook as competition bites and demand slows
- Alibaba Stock Tumbles After Softer Growth Forecast
- Alibaba Group Holding Limited (BABA)
- China's Alibaba warns of slowest revenue growth since debut
- Stocks making the biggest moves premarket: Alibaba, JD.com, Cisco, Nvidia and more
- Alibaba stock forecast: Has the price reached a floor?
- Alibaba Stock Is Set to Skyrocket Once the Crisis Is Over
- Alibaba Group Holding Ltd. ADR
Alibaba slashes sales outlook as competition bites and demand slows
BJ's Wholesale BJ — The warehouse retailer beat estimates by 11 cents with adjusted quarterly earnings of 91 cents per share, while revenue and comparable-store sales also topped forecasts.
Kohl's also reported better-than-expected revenue and comparable store sales, and raised its full-year sales forecast. Petco WOOF — The pet products retailer beat estimates by 2 cents with adjusted quarterly earnings of 20 cents per share and revenue also above estimates. Comparable store sales were also better than expected, and Petco raised its full-year forecast. Alibaba is attributing the drop in profit from a year ago to a decline in the value of its equity investments.
Shares rose 1. The networking equipment company is seeing supply chain and other issues driving up costs. Cisco did report better-than-expected earnings for its most recent quarter, but revenue was slightly short of Wall Street forecasts.
Nvidia is benefiting from high demand for videogame and data center chips. The stock jumped 8. Sonos SONO — Sonos matched estimates in reporting a quarterly loss of 7 cents per share, but the maker of wireless home audio equipment saw revenue come in slightly below analyst projections.
However, Sonos also issued a better-than-expected fiscal sales forecast, even in the face of supply constraints that are impacting its production levels, and the stock added 1. This was the first quarterly report for Victoria's Secret as a standalone company, also a product of the L Brands split-up. Deere DE — Deere workers approved a new six-year contract after rejecting two previous tentative deals, ending a strike that began October Deere rose 1. Skip Navigation. In this article. VIDEO
Alibaba Stock Tumbles After Softer Growth Forecast
Stocks: Real-time U. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet. All rights reserved.
Alibaba Group Holding Limited (BABA)
Chinese e-commerce giant Alibaba Group Holding Ltd slashed its forecast for annual revenue growth on increased competition and a regulatory crackdown, sending its stock tumbling 11 per cent. Alibaba now expects revenue for the year ending in March to rise between 20 per cent and 23 per cent, the slowest pace since its stock market debut and down from a May forecast of The company also undershot expectations for earnings per share in the second quarter. But analysts also noted that while Alibaba had been hit by slower-than-expected growth in demand for fashion and accessories, its rivals had done much better in apparel sales. For the quarter ended September 30th, Alibaba earned Revenue climbed 29 per cent, the smallest rise in six quarters, to Alibaba said it had recorded single-digit growth for physical goods gross merchandise value, a key online retailing metric for the total value of merchandise sold through a marketplace, though it did not provide more details or a comparison with previous quarters.
China's Alibaba warns of slowest revenue growth since debut
But challenges start now. Has the bubble burst for the markets? Do the maths before giving any verdict. Choose your reason below and click on the Report button.
Stocks making the biggest moves premarket: Alibaba, JD.com, Cisco, Nvidia and more
Join us on Twitter or Telegram. Customize Settings Accept. A new week low for Alibaba Group Holding Ltd. Prices have recently extended to the negative; therefore, investors searching for an entry point should wait for the downward trend to consolidate. In terms of volume, BABA has an average of 17 million shares traded each day. Having an active stock is usually a positive thing.
Alibaba stock forecast: Has the price reached a floor?
Order Now Order Now. Volume: 20M. The Alibaba stock price gained 2. During the day the stock fluctuated 4. The price has fallen in 7 of the last 10 days and is down by
Alibaba Stock Is Set to Skyrocket Once the Crisis Is Over
The company is expected to report on Nov 5, a week before China's busiest online shopping festival that's dubbed Singles' Day. Analysts have lowered their consensus month earnings projection by nearly 5 per cent over the past three weeks to the lowest since July last year, Bloomberg-compiled data show, amid weak momentum in domestic consumer spending. Daiwa Capital Markets Hong Kong said the e-commerce firm was facing "one of the most challenging quarters", as it cut estimates recently. Alibaba's Hong Kong-listed shares rebounded 24 per cent from a record low in the four sessions through Monday Oct 11 , but have since lost steam as concerns remain over China's technology regulations and slowing economic recovery.
Alibaba Group Holding Ltd. ADR
RELATED VIDEO: Charlie Munger: Why I Went ALL IN Alibaba Stock?Alibaba reported fiscal second-quarter net income of 5. Alibaba cited general economic fluctuations, the impact of the Covid pandemic, changes in laws, regulations and the regulatory environment among factors that affected operations. Revenue from the core commerce segment totaled Contact reporter Han Wei weihan caixin.
A strong downward movement should be corrected sooner or later. The rise may close the gap. The only thing here is probably seasonality!!! The downward channel is quite steep, but it's appraoching historical levels of support. Daily RSI is at 26 and it can go lower to the 20 area, especially for the weekly RSI there's more space to the down side 32 right now , going probably to below 25, correspond to the levels of support
All rights reserved. Charles St, Baltimore, MD Everyone in the world is wrestling with the trillion-dollar question: When will the U.
No your business!