Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the Godaddy stock price today market data provided. Real-time analyst ratings, insider transactions, earnings data, and more. Alibaba Group’s stock was trading at $118.79 on January 1st, 2022.
Chinese names continue to see elevated interest in today’s trading. Alibaba remains in the https://dotbig.com/ spotlight on reports that Chinese authorities are mulling a $1 billion fine on Ant Group.
The Wall Street Journal
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company’s price per share by its earnings per share. Alibaba Forex Group saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 77,250,000 shares, an increase of 31.9% from the October 15th total of 58,580,000 shares.
- Mukesh Ambani heads Indian conglomerate Reliance Industries Limited, a Fortune Global 500 company and the largest private sector company in India.
- In the early 1990s, Ma realized Chinalacked technology in the business world.
- According to analysts’ consensus price target of $150.05, Alibaba Group has a forecasted upside of 98.7% from its current price of $75.50.
- Investors should consider their investment objectives and risks carefully before investing.
- The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate.
- Alibaba.com focuses on B2B trade, connecting buyers and suppliers in China and around the world.
China Commerce segment includes China retail commerce businesses such as Taobao, Tmall and Freshippo, among others, and wholesale business. International Commerce segment includes international retail and wholesale commerce businesses such as Lazada and AliExpress. Local Consumer Services segment includes location-based https://dotbig.com/markets/stocks/BABA/ businesses such as Ele.me, Amap, Fliggy and others. Cainiao segment includes domestic and international one-stop-shop logistics services and supply chain management solutions. Cloud segment provides public and hybrid cloud services like Alibaba Cloud and DingTalk for domestic and foreign enterprises.
Stock Activity
We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, dotbig unbiased content in oureditorial policy. The fifth-largest shareholder in Alibaba is Primecap, which owns around 0.64% of BABA’s total outstanding shares.
According to Forbes, Ma has a net worth of $23.1 billion and is one of the wealthiest people in the world. He also owns a stake in the Chinese media and entertainment company Huayi Brothers. Jack Ma, co-founder of Alibaba, https://www.ig.com/en/forex/what-is-forex-and-how-does-it-work is no longer the company’s largest shareholder, having retired from the company in 2019. The company is a global e-commerce platform based in China. There may be delays, omissions, or inaccuracies in the Information.
BABA News
In the early 1990s, Ma realized Chinalacked technology in the business world. He founded China Pages, one of China’s first Internet companies, which created a website for businesses, and then went on to work for an Internet company that was backed by the Chinese government. GDDY stock price It wasn’t until 1999, though, that he decided to branch out on his own and co-founded Alibaba. Alibaba stock jumped on June 17 but pared early gains after Reuters reported that China’s central bank accepted Ant Group’s application to set up a financial holding company.
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Sign-up to receive the latest news and ratings for Alibaba Group and its competitors with MarketBeat’s FREE daily newsletter. The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation.
Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. The scores are based on the trading styles of Value, Growth, and Momentum. There’s dotbig also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. No content on the Webull Financial LLC website shall be considered as a recommendation or solicitation for the purchase or sale of securities, options, or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.
In early November 2020, Chinese authorities suspended the $34.5 billion Ant Group IPO in Shanghai and Hong Kong. The decision to suspend the IPO came after Shanghai exchange officials said the exchange would halt the listing due to the company’s inability to fulfill conditions amid changes in the regulatory environment. Securities and Exchange Commission added Alibaba to a list of Chinese firms at risk of being delisted for not opening their books to U.S. accounting regulators. Alibaba has been one of the stocks most watched by Zacks.com users lately. Expert market commentary delivered right to your inbox, for free.
To see all exchange delays and terms of use please see Barchart’s disclaimer. The P/E ratio of Alibaba Group is 188.75, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale GDDY stock price today sector average P/E ratio of about 22.56. A high percentage of insider ownership can be a sign of company health. In the past three months, Alibaba Group insiders have not sold or bought any company stock.