According to the J.P. Morgan Chase Research Report, on the eve of Alibaba's September quarterly earnings report, the company's adjusted earnings per share forecast for fiscal year 2027 and fiscal year 2028 was lowered by 9% and 10%, respectively, while the adjusted EBITDA for fiscal year 2027 was raised by 8%, and adjusted EBITDA for fiscal year 2028 was lowered by 4%. The bank lowered Alibaba's target price by 4.88%, from HK$205 to HK$195, maintaining the “Overweight” rating.

According to the J.P. Morgan Chase Research Report, on the eve of Alibaba's September quarterly earnings report, the company's adjusted earnings per share forecast for fiscal year 2027 and fiscal year 2028 was lowered by 9% and 10%, respectively, while the adjusted EBITDA for fiscal year 2027 was raised by 8%, and adjusted EBITDA for fiscal year 2028 was lowered by 4%. The bank lowered Alibaba's target price by 4.88%, from HK$205 to HK$195, maintaining the “Overweight” rating.