Alibaba Stock (BABA) Analyst Thomas Chong: Most Accurate & Profitable Wall Street Analyst

TipRanks analyst Thomas Chong, ranked #642 out of 9,947 analysts, is the Most Accurate and Most Profitable analyst for Alibaba (BABA) stock. Chong has a 67% success rate and an average return of 14.51% when holding the stock for a year. His trades have generated an average return of 9.90% with 54% of trades resulting in a profit. Chong primarily covers the Technology sector in the U.S. and Hong Kong markets and has earned a massive 422.80% return on a Buy call for Kingsoft Cloud Holdings Ltd. (KC).

Thomas Chong, ranked #642 out of 9,947 analysts, has demonstrated a remarkable track record with Alibaba (BABA) stock. Chong's success rate stands at 67%, with an average return of 14.51% when holding the stock for a year. His trades have generated an average return of 9.90%, with 54% of trades resulting in a profit. Chong primarily covers the Technology sector in the U.S. and Hong Kong markets [3].

Chong's performance with Alibaba underscores the stock's potential despite recent market volatility and institutional repositioning. In Q1 2025, Bank of Nova Scotia reduced its stake in Alibaba by 89.7%, selling 45,923 shares and leaving it with 5,273 shares valued at approximately $697,000 [1]. This reduction aligns with a broader pattern of institutional repositioning around Alibaba, indicating a dynamic ownership backdrop as investors reassess China tech allocations and company-specific catalysts.

Despite these changes, market analysts maintain a consensus rating of "Moderate Buy" for Alibaba, with 13 out of 15 analysts giving a buy rating. The average price target stands at $153.29, representing a forecasted upside of 27.38% from the current price of $120.34 [2]. Chong's track record suggests that Alibaba's strong market presence, solid financial foundation, and leading position in the e-commerce sector could drive future growth.

However, potential risks include regulatory pressures in China, market competition, and recent analyst downgrades. Investors should carefully consider these factors before making investment decisions.

References:
[1] https://paginasiete.bo/bank-of-nova-scotia-reduces-alibaba-baba-stake-by-89-7-in-q1-filing-alibaba-stock-price/
[2] https://www.marketbeat.com/stocks/NYSE/BABA/forecast/
[3] https://www.marketbeat.com/instant-alerts/filing-shengqi-capital-hong-kong-ltd-acquires-shares-of-350718-alibaba-group-holding-limited-nysebaba-2025-08-10/