Alibaba (BABA) Soars 7.19% on AI, Cloud Revenue Growth

Generated by AI AgentAinvest Pre-Market Radar
Friday, Aug 29, 2025 9:23 am ET1min read
BABA--
Aime RobotAime Summary

- Alibaba's stock jumped 7.19% pre-market on August 29, 2025, driven by strong AI/cloud revenue growth and investor optimism.

- Analysts set an average $159.67 price target, citing 18% cloud revenue growth and undervalued 14x forward P/E ratio.

- Strategic AI/cloud focus positions Alibaba to compete globally, with over 20% upside potential from current levels.

On August 29, 2025, Alibaba's stock surged by 7.19% in pre-market trading, reflecting a significant bullish sentiment among investors.

Analysts have set an average price target of $159.67 for Alibaba GroupBABA--, with some predicting a high of $180.00. This optimism is driven by the company's strong cloud revenue growth and sustained demand for AI products, as noted by Bank of AmericaBAC-- Securities' Joyce Ju.

Despite reduced buybacks, Alibaba's stock remains undervalued with a forward P/E of just 14x, suggesting strong upside potential. The company's robust AI-driven growth prospects and attractive valuation have led to a consensus price target of $150, implying over 20% upside from current levels.

Alibaba's recent financial performance, including an 18% increase in cloud revenue, has further bolstered investor confidence. The company's strategic focus on AI and cloud services positions it well to compete against global rivals, making it a compelling investment opportunity.

Get the scoop on pre-market movers and shakers in the US stock market.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet