Where Will Alibaba Stock Be in 5 Years?
(NYSE: BABA) was once considered a promising play on China's long-term growth. It owned the country's two largest e-commerce marketplaces, Taobao and Tmall; its largest public cloud infrastructure platform, Alibaba Cloud; and a broad range of other retail, digital media, and gaming businesses.
But over the past five years, Alibaba's stock declined nearly 60% and broadly underperformed many other Chinese tech stocks. Let's see why Alibaba lost its luster -- and if its stock will bounce back over the next five years.
Image source: Alibaba.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
€74.50
-0.130%
With 48 Buy predictions and 3 Sell predictions Alibaba Group Holding Ltd ADR is one of the favorites of our community.
As a result the target price of 105 € shows a positive potential of 40.94% compared to the current price of 74.5 € for Alibaba Group Holding Ltd ADR.
