Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>BofAS Cuts BABA-W's TP to HKD176, Reiterates Rating as Buy
Recommend 10 Positive 11 Negative 4 |
||||
|
||||
|
BofA Securities has released a report predicting BABA-W (09988.HK)'s consolidated EBITA to decrease by 45% YoY to RMB30 billion in 3FQ ending December 2025 due to factors like a RMB23.2 billion loss in instant retail and a RMB8.2 billion loss in other business segments. For FY27, the broker forecasts BABA-W's instant retail loss to further narrow to RMB60 billion, compared to a projected loss of RMB90 billion for FY26. BofA Securities has trimmed its target price for BABA-W from HKD183 to HKD176. It also reiterated a Buy rating in light of full AI optionality, accelerated cloud business growth, peak losses in instant retail, and potential upside catalysts from any new consumer support policies. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
