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UBS Reaffirms 'Buy' Rating for Alibaba with a Target Price of HK$172
2025-04-08 /
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Author：小编
UBS anticipates that Alibaba's revenue for the fourth fiscal quarter of the previous year will rise by 5% year-on-year, reaching RMB 232 billion. The gross merchandise volume of Taobao and Tmall is projected to increase by 4.6%, while customer management revenue is expected to grow by 8%. Furthermore, EBITA for Taobao and Tmall could see a 2% year-on-year uptick. In light of these forecasts, UBS upholds its 'Buy' rating for Alibaba and establishes a target price of HK$172 for its H shares.
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