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CICC released a research report saying that maintaining Alibaba-W revenue and profit forecasts and maintaining the “outperforming industry” rating, the target prices for Hong Kong stocks and US stocks are HK$172 and $178, respectively. Compared with current stock prices, there is 58% and 60% room to rise, respectively. The bank is optimistic about the company's cloud computing and AI growth space. Currently, the company's Hong Kong stocks and US stocks correspond to FY27 16 times and FY28 11 times and 11 times the non-common standard price-earnings ratio, respectively.

Zhitongcaijing·10/19/2026 02:01:04
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CICC released a research report saying that maintaining Alibaba-W revenue and profit forecasts and maintaining the “outperforming industry” rating, the target prices for Hong Kong stocks and US stocks are HK$172 and $178, respectively. Compared with current stock prices, there is 58% and 60% room to rise, respectively. The bank is optimistic about the company's cloud computing and AI growth space. Currently, the company's Hong Kong stocks and US stocks correspond to FY27 16 times and FY28 11 times and 11 times the non-common standard price-earnings ratio, respectively.