Alibaba (BABA) Soars 3.6% on Bullish Sentiment Ahead of Earnings

On August 13, 2025, Alibaba's stock surged by 3.6% in pre-market trading, indicating a strong bullish sentiment among investors.

Analysts have given Alibaba a "Strong Buy" consensus rating, with 13 unanimous buy ratings. The average price target for Alibaba is $148.32, reflecting a positive outlook for the stock. Additionally, the average rating for BABA stock is "Strong Buy" according to 14 analysts, further supporting the bullish sentiment.

Alibaba's stock has shown positive signals from both short and long-term moving averages, suggesting a bullish outlook for the company. This positive momentum is further supported by the company's recent performance, which has outperformed the broader market and the Retail-Wholesale sector.

Investors are eagerly awaiting Alibaba's upcoming earnings disclosure, with projected earnings per share (EPS) of $2.13 and revenue of $34.26 billion. The company's fiscal year estimates also show a positive outlook, with projected earnings of $8.58 per share and revenue of $141.93 billion.

Despite the positive outlook, Alibaba's stock has recently been downgraded to a "Strong Sell" by the Zacks Rank system, which considers recent adjustments to analyst estimates. However, the company's current Forward P/E ratio of 14.04 and PEG ratio of 1.62 suggest that it is being traded at a discount compared to its industry peers.