Alibaba stock showed resilience against broader market divergence on January 29th, resisting the sharp sell-off driven by investor concerns over high AI infrastructure capital costs affecting U.S. mega-cap tech stocks.
- The stock maintains strong investor sentiment, holding an average analyst rating of "Strong Buy" based on 14 analysts.
- The consensus 12-month price target is $188.69, suggesting a potential upside of 7.42%.
- BABA closed the trading day down slightly by 0.77% at $174.30.