On September 29, 2025, Jefferies updated its rating for Alibaba (NYSE:BABA) to a "Buy" recommendation. At the time of this announcement, the stock was priced at $171.91. Jefferies also raised Alibaba's price target from $178 to $230, as highlighted by TheFly. This update reflects growing confidence in Alibaba's strategic direction and market potential.
Alibaba, often called the "Amazon of China," operates major e-commerce platforms like Taobao and Tmall. It also has a strong international presence through AliExpress, Daraz, Lazada, and Trendyol. Alibaba's cloud unit dominates China's cloud services market, holding over one-third of the share, making it the leading provider in the country.
Despite a modest 10% organic revenue growth in the June quarter, Alibaba's stock has surged by 44% over the past month and has more than doubled year to date, with a 110% increase. This rally is largely due to Alibaba's strategic investments in artificial intelligence (AI) and the perceived undervaluation of its stock earlier this year. The company plans to invest at least $52 billion in AI, which has been a key driver of its recent stock performance.
In comparison, CoreWeave has been a standout performer since its IPO in late March 2025, outpacing Alibaba in growth. However, relying solely on past performance for investment decisions is not advisable. Both stocks have shown positive trends this year, but Alibaba's strategic moves into AI and its strong market position make it a compelling investment opportunity.
Currently, Alibaba's stock is priced at $171.91, reflecting a decrease of 2.03% or $3.56. The stock has traded between a low of $169.70 and a high of $172.76 today. Over the past year, BABA has reached a high of $180.16 and a low of $80.06. The company's market capitalization is approximately $399 billion, with a trading volume of 15.89 million shares on the NYSE.
