Alibaba's Trading Volume Hits $1.702 Billion Ranking 34th in Market Activity

Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 24, 2025 8:00 pm ET1min read

On June 24, 2025, Alibaba's trading volume reached $1.702 billion, ranking 34th in the day's market activity.

(BABA) rose by 3.45%, marking its second consecutive day of gains, with a total increase of 3.52% over the past two days.

Analysts at Arete have revised their rating for

, changing it from a "buy" to a "neutral" and setting a target price of $153.00. This adjustment reflects a more cautious outlook on the company's near-term prospects.

Despite the downgrade, Alibaba continues to receive strong support from other analysts. The stock has 12 unanimous "buy" ratings, resulting in a "strong buy" consensus rating on TipRanks. This bullish sentiment is further supported by an average price target of $163.78, as reported by analysts polled by FactSet.

Investors should also be aware of external factors that could impact Alibaba's performance. Escalating tensions in the Middle East have the potential to disrupt Alibaba's supply chain, affect China's oil imports, and create instability in global markets. These geopolitical risks add an additional layer of uncertainty to the company's outlook.

Despite these challenges, Alibaba's International Digital Commerce segment remains a strong point for the company. This segment has shown impressive growth, with a valuation of over $50 billion and a growth rate exceeding 20%. This undervalued asset could be a significant driver of future investment and growth for Alibaba.

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