Alibaba Group Holding Limited (NYSE:BABA) is one of the AI Stocks Making Headlines on Wall Street. On November 26, Benchmark reiterated its Buy rating on the stock with a $195.00 price target.
The rating affirmation follows BABA’s second-quarter fiscal 2026 results, with firm analysts highlighting robust growth across core e-commerce and cloud.
The Chinese ecommerce and technology company has reported strong topline performance despite margin pressure. Revenue grew 5% yoy to RMB 248B, topping estimates by an estimated 3B.
A close-up of a laptop displaying the company’s interactive podcasting platform.
Meanwhile, adjusted EBITDA missed due to continued investment in quick commerce. Alibaba’s E-commerce group grew 16% yoy while Cloud accelerated to 34% yoy, both beating expectations.
“F2Q26 First Look: solid growth upon investment. Revenue totaled RMB 248B, up 5% y/y, beating consensus by RMB ~3B. Adj. EBITDA was RMB 17B, missing consensus expectation of RMB 19B primarily driven by quick commerce investment. Specifically, revenue growth of Alibaba China E-commerce Group grew 16% y/y, ahead of expectation, Cloud accelerated to 34% y/y, above expectations; International Digital Commerce up 10% y/y, all others down 25% y/y.”
Alibaba Group Holding Limited (NYSE:BABA) is an internet giant that offers e-commerce services in China and internationally.
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