Alibaba Shares Climb 2.15% to $166.51; Q4 EPS Seen Falling 34.8%
Alibaba shares rose 2.15% to close at $166.51, outpacing the S&P 500’s 0.33% loss and cushioning a 1.99% monthly decline relative to the Retail-Wholesale sector’s 3.93% drop. Analysts expect Q4 EPS of $1.91 (-34.8% yoy) on $41.26 billion revenue (+7.5%), with full-year EPS forecast at $5.96 (-33.9%) and revenue at $147.35 billion (+6.7%).
1. Session Performance
Alibaba shares closed at $166.51, up 2.15% from the prior day’s finish, outperforming the S&P 500’s 0.33% decline and the Nasdaq’s 0.59% drop. The gain reflects renewed investor confidence despite broader market weakness.
2. Monthly Comparison
Over the past month, Alibaba shares have fallen 1.99%, a smaller loss than the Retail-Wholesale sector’s 3.93% decline and roughly in line with the S&P 500’s flat performance. This relative resilience underscores the company’s market positioning.
3. Q4 Earnings Estimates
Analysts forecast fourth-quarter earnings of $1.91 per share, a 34.8% year-over-year decline, on revenue of $41.26 billion, up 7.5% from the prior-year quarter. These estimates will be pivotal when Alibaba reports results next month.
4. Full-Year Outlook and Valuation
For the full fiscal year, consensus projects EPS of $5.96 (down 33.9%) and revenue of $147.35 billion (up 6.7%). Alibaba’s forward P/E stands at 27.37 versus the industry average of 15.2, and its Zacks Rank is currently #5 (Strong Sell).