Guosen Securities: Keeps "Outperform" Rating for Alibaba
4 day ago / Read about 0 minute
Author:小编   

Guosen Securities has issued a research report on Alibaba-W (09988.HK), in which it has marginally revised downward its revenue projections for the fiscal years 2026 to 2028. The new estimates stand at RMB 1,050.3 billion, RMB 1,187.9 billion, and RMB 1,305 billion, respectively, reflecting adjustments of -1.5%, -0.1%, and +0.3%. The primary reason for this adjustment is the relatively low average order value observed during the investment phase of Alibaba's instant retail business, which has consequently limited its revenue contribution. As of now, the company's price-to-earnings (PE) ratio for FY2026 stands at 28 times, and Guosen Securities continues to uphold its "Outperform" rating for the stock.