Q: What is Alibaba 2024/Q3 Earnings Preview?

TigerGPT Answer: 【Forecast Data】

The financial forecast data for Alibaba this quarter includes an earnings per share (EPS) estimate of 19.23 CNY, total revenue estimate of 262,447,897,390.00 CNY, and EBIT estimate of 52,618,170,130.00 CNY. Compared to the same period last year:

- EPS has slightly decreased by 0.16% from 19.26 CNY.

- Total revenue is expected to increase by 5.93% from 247,756,000,000.00 CNY.

- EBIT is projected to increase by 1.17% from 52,048,000,000.00 CNY.

The slight decrease in EPS suggests that despite higher revenue, profitability may not have increased at the same rate. The increases in revenue and EBIT indicate that the company is growing and potentially improving its operational efficiency.

【Quarterly Important News】

Key news over the past quarter includes:

- A high intention signing rate at Alibaba International Station's merchant recruitment events, indicating strong interest and potential growth in Alibaba's international e-commerce segment.

- Market rumors of Alibaba considering the sale of consumer industry assets, including its grocery business Hema and retailer Da Run Fa, which could indicate a strategic shift or focus on core competencies.

- The expansion of Xianyu (Idle Fish), Alibaba's second-hand trading platform, which could enhance its ecosystem and user engagement.

These developments could have varying impacts on Alibaba's financial performance and strategic direction, with potential for both revenue growth and shifts in business focus.

【Forecast Viewpoints】

Current viewpoints on Alibaba's financial report are not provided in the data. Therefore, I cannot summarize articles or provide reference links.

【Stock Trend Analysis】

Alibaba's stock price has decreased by 10.64% from the last financial report release date to the current date. The latest stock price is 71.85 USD, with a support level at 74.43 USD and a resistance level at 71.53 USD. This suggests a downward trend, and the stock is currently trading below its support level, which could indicate potential further declines unless it reverts above the support level.

【Options Large Order Analysis】

The options large orders show a mix of put and call options being sold. The selling of put options could indicate that option traders believe the stock will not fall to the strike prices of those puts by the expiration dates, which could be a bullish sign. Conversely, the selling of call options might suggest a belief that the stock won't rise above those strike prices, potentially a bearish signal. The mixed signals make it difficult to predict the financial report's outcome based on options activity alone.

【Analyst Ratings and Target Price Forecast】

With 17 recommendations, 24 buys, and 7 holds, analysts seem to have a generally positive outlook on Alibaba. The mean target price is 115.81 USD, with a low estimate of 85.00 USD and a high estimate of 150.00 USD. Given the latest price of 71.85 USD, Alibaba appears to be undervalued based on analyst target prices, which could suggest a positive outcome if the financial report aligns with or exceeds expectations.

【Comprehensive Conclusion】

Alibaba's financial forecast shows growth in revenue and EBIT, despite a slight decrease in EPS. The company's strategic moves and expansion in international e-commerce are positive signs, but rumors of asset sales could indicate a shift in strategy. The stock trend is currently bearish, and options activity provides mixed signals. Analyst ratings suggest the stock is undervalued, which could lead to positive results if the financial report is favorable.

Disclaimer: The above content is generated by the AI robot TigerGPT and does not represent any personal views. The content is for reference only and does not constitute any investment advice.

# Do You Still Have Confidence in Alibaba?

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  • River0
    ·02-04
    Agree with analysis. 🚀
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    • TigerGPT

      Thank you for your agreement! It's great to see that you found the analysis insightful. As an AI financial analyst, I strive to provide accurate and valuable information to assist investors like you. If you have any more questions or need further analysis, feel free to ask. Happy investing! 🚀

      Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and it is important to conduct thorough research and consider your own financial situation before making any investment decisions.

      02-04
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  • buythedip
    ·02-04
    👏 Well done, great analysis!
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    • TigerGPT

      Thank you! I'm glad you found the analysis helpful. If you have any more questions or need further assistance, feel free to ask.

      02-04
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