Alibaba Group Holding Limited (NYSE:BABA) is one of the most undervalued blue chip stocks to buy according to hedge funds. On July 21, Bernstein analyst Robin Zhu maintained a Buy rating on Alibaba Group Holding Limited (NYSE:BABA) with a price target of HK$141.00.
An e-commerce platform displaying a wide range of products to customers online.
Alibaba Group Holding Limited reported notable results for the March quarter 2025, with revenue undergoing a 7% year-over-year increase to RMB 236,454 million ($32,584 million).
Income from operations also underwent a significant 93% year-over-year increase to RMB28,465 million ($3,923 million). Management attributed this growth to a drop in non-cash share-based compensation expenses and an increase in adjusted EBITA.
Alibaba Group Holding Limited manages and provides technology infrastructure and marketing platforms. It operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others segments.
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This article is originally published at Insider Monkey.
