Alibaba Set to Benefit From Multiple Growth Drivers -- Market Talk

Dow Jones

11/26

0510 GMT - Alibaba is set to benefit from multiple growth drivers in the years ahead, Jefferies analysts say in a research note. AI-related revenue maintained strong momentum in the company's fiscal 2Q, with triple-digit growth for the ninth consecutive quarter, driven by public cloud revenue growth and rising adoption of AI-related products. Meanwhile, Alibaba which operates the Taobao and Tmall e-commerce platforms in China, is also "at the center of the consumption-driven" economy, supported by its technological strength compared with peers, the analysts add. Jefferies keeps a buy rating on the stock and slightly raises its target price on the ADRs to $231.00 from $230.00. The ADRs last closed at $157.01. (tracy.qu@wsj.com)

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November 26, 2025 00:10 ET (05:10 GMT)

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AI-related revenue maintained strong momentum in the company's fiscal 2Q, with triple-digit growth for the ninth consecutive quarter, driven by public cloud revenue growth and rising adoption of AI-related products. Meanwhile, Alibaba which operates the Taobao and Tmall e-commerce platforms in China, is also \"at the center of the consumption-driven\" economy, supported by its technological strength compared with peers, the analysts add. Jefferies keeps a buy rating on the stock and slightly raises its target price on the ADRs to $231.00 from $230.00. The ADRs last closed at $157.01. (tracy.qu@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 26, 2025 00:10 ET (05:10 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0545039389.USD","symbol_name":"BGF GLOBAL EQUITY INCOME \"A2\" ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2586528016","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586528016","pubTimestamp":1764133800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0510 GMT - Alibaba is set to benefit from multiple growth drivers in the years ahead, Jefferies analysts say in a research note. 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AI-related revenue maintained strong momentum in the company's fiscal 2Q, with triple-digit growth for the ninth consecutive quarter, driven by public cloud revenue growth and rising adoption of AI-related products. Meanwhile, Alibaba which operates the Taobao and Tmall e-commerce platforms in China, is also \"at the center of the consumption-driven\" economy, supported by its technological strength compared with peers, the analysts add. Jefferies keeps a buy rating on the stock and slightly raises its target price on the ADRs to $231.00 from $230.00. The ADRs last closed at $157.01. (tracy.qu@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 26, 2025 00:10 ET (05:10 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}