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The Zhitong Finance App learned that Nomura released a research report saying that it is expected that Alibaba (09988.HK) (BABA.US)'s upcoming results for the 2027 second fiscal quarter will further highlight its artificial intelligence (AI) strategy layout. The bank raised Alibaba's adjusted net profit forecast for fiscal year 2027 by 7%, mainly due to an increase in e-commerce business profit expectations. The bank gave Alibaba a “buy” investment rating and target price of $178.

Zhitongcaijing·10/02/2026 02:25:03
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The Zhitong Finance App learned that Nomura released a research report saying that it is expected that Alibaba (09988.HK) (BABA.US)'s upcoming results for the 2027 second fiscal quarter will further highlight its artificial intelligence (AI) strategy layout. The bank raised Alibaba's adjusted net profit forecast for fiscal year 2027 by 7%, mainly due to an increase in e-commerce business profit expectations. The bank gave Alibaba a “buy” investment rating and target price of $178.