BABA

Alibaba stock declined 1.82% to $109.11, underperforming the S&P 500's 1.09% loss. Despite strong earnings growth expectations (139.34% EPS growth) and revenue projections of $40.35 billion, the stock holds a Zacks Rank #3 (Hold) rating with a Forward P/E of 17.51, trading at a premium to its industry average. Analyst estimates have declined 3.43% over the last 30 days.

Alibaba (BABA) is rated Zacks Rank #3 (Hold) with expected earnings growth of +144.3% for the current quarter and +67.1% for the fiscal year. The stock has returned +1.9% over the past month, underperforming the S&P 500's +2.4%.

Revenue growth is projected at +14.8% for the current fiscal year. The company trades at par with peers with a C valuation grade, suggesting it may perform in line with the broader market in the near term.

Alibaba (BABA) closed at $105.70, down 1.21% from the previous day, underperforming the S&P 500. The company is expected to report strong earnings growth of 144.26% EPS increase and 16.73% revenue growth for the upcoming quarter.

However, the stock holds a Zacks Rank #3 (Hold) rating with a Forward P/E of 16.7, trading at a premium to its industry average. The Internet-Commerce industry ranks in the bottom 19% of sectors.