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Live BABA/USD priceAlibaba to US Dollar
Alibaba (BABA) is one of China’s largest companies operating in the e-commerce segment. The company owns B2B electronic trading platforms and retail trading online platforms. The corporation is also developing cloud technologies (owner of the world’s largest cloud computing infrastructure. The company has been repeatedly ranked in the Top 10 in terms of market capitalization, and Top 100 by net income. The key competitors of the company include Tencent, eBay, Amazon. Alibaba shares are quotes on the New York Stock Exchange (NYSE).
Current BABA stock price $68.46.
According to analytical forecasts, the price of BABA stocks may reach $74.03 by the end of 2024, and it is expected to be - $95 by the end of 2029.
Based on technical analysis indicators, the recommendation for the 1H (one-hour) timeframe is Strong Sell, and for the 1D (one-day) timeframe - Strong Sell.
The period of 2016-2022 is described by unstable growth of the stock price with deep drawdowns during certain periods. The all-time high was reached in October 2020 at the level of over USD 300 per share. In the course of stagnation that followed, the stock price dropped to USD 70-75, the level of 2016. Some analysts believe that the Alibaba stock is at the price bottom temporarily. The e-commerce segment continues to actively grow. Many private businesses move to online trading, thereby reducing trading costs. Alibaba owned by the AliExpress corporation is one of the most popular platforms in Asia and the territories of the former Soviet countries. Once the global economy recovers, the BABA stock could rise again, which is why now is the best time to buy. How accurate are these long-term forecasts?
TU analysts have prepared a full review of the company’s microeconomic statistics: financial statements, multipliers, sentiment indicators. You will also find here short and long-term forecasts based on technical and fundamental analysis and analyst surveys. This information will help you build a trading strategy and account for potential risks in a timely manner.
On this page, you will find the latest information about current prices, updated and new forecasts for short and long-term intervals:
- Asset quotes are updated every minute.
- Price chart is updated every minute.
- Technical indicator data is updated according to the time frame. For example, on M5, the data is updated every 5 minutes.
- Medium and long-term forecasts are updated every hour.
- Financial reporting data is updated quarterly.
