Jefferies raises Alibaba target to USD 192 for Alibaba Group stock

Published on 10/16/2026 at 15:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

USD 39.64 billion revenue in June rose 9.00 percent. Alibaba Group stock costs EUR 99.55 on October 16, 2026, 0.86 percent above Xetra close.

Analyst view and company results

Jefferies lifted its Alibaba target to USD 192.00 on October 8, 2026.
June-quarter revenue reached USD 39.64 billion, up 9.00 percent year over year.
Alibaba Group stock costs EUR 99.55 at Lang & Schwarz on October 16, 2026 at 3:30 p.m. CEST, 0.86 percent above the Xetra close of October 15, 2026.
Alibaba trades at a P/E ratio of 24.98 as of October 16, 2026.

BABA, US01609W1027, Illustration mit AI erstellt.

Jefferies raised its Alibaba target from USD 190.00 to USD 192.00 on October 8, 2026, while retaining its Buy rating, according to Yahoo Finance. The target stands 72.18 percent above the NYSE price of USD 111.51. At Lang & Schwarz, Alibaba Group stock was trading at EUR 99.55 on October 16, 2026 at 3:30 p.m. CEST, 0.86 percent above the Xetra close of October 15, 2026 at EUR 98.70.

Revenue grows 9.00 percent

Alibaba reported USD 39.64 billion in revenue for the quarter ended June 30, 2026, an increase of 9.00 percent from the year-earlier period, according to Yahoo Finance. Cloud remained a key growth area, with external cloud revenue increasing 45.00 percent in the June quarter. Net income fell 75.00 percent to USD 1.54 billion as infrastructure spending rose.

Range still spans USD 91.99 to USD 182.50

The NYSE quote stood at USD 111.51 at 9:34 a.m. ET on October 16, 2026. Alibaba traded inside a 52-week range of USD 91.99 to USD 182.50, leaving the share 38.90 percent below its high. Trading volume reached 540,208 shares against an average of 10,111,215 shares.

On August 26, 2026, Alibaba Group announced completion of its HKD 80 billion placing of new shares. The transaction remains a relevant valuation factor because the company is directing capital toward artificial intelligence and cloud infrastructure.

Valuation carries a 24.98 P/E

Alibaba's market capitalization was USD 272.8 billion on October 16, 2026, while its trailing P/E ratio was 24.98 and its dividend yield was 0.01 percent. Jefferies' USD 192.00 target is 72.18 percent above the NYSE price, using the same currency for both figures.

Comparison with peers

Alibaba: plus 0.86 percent, P/E 24.98, market capitalization USD 272.8 billion
JD.com (Nasdaq, USD): minus 0.91 percent, P/E 17.69, market capitalization USD 36.7 billion
PDD Holdings (Nasdaq, USD): minus 0.23 percent, P/E 8.71, market capitalization USD 117.0 billion

Euro quote and German close

The Lang & Schwarz quote was EUR 99.55 on October 16, 2026 at 3:30 p.m. CEST, with the Xetra close of October 15, 2026 at EUR 98.70 as the comparison point.

The further course of trading is shown by the continuously updated real-time quote of Alibaba Group stock.