Alibaba stock is trading at $167.43 on October 17, 2025, up 1.41% during the trading session, extending its remarkable 95% year-to-date rally driven by strategic AI integration and business expansion. The company announced a major $925 million real estate acquisition in Hong Kong, purchasing the top 13 floors of One Causeway Bay to serve as its new corporate headquarters alongside fintech affiliate Ant Group, marking Hong Kong's largest real estate transaction since 2021. Alibaba is aggressively deploying its Qwen large language models across its Taobao and Tmall e-commerce platforms, transforming search and recommendation systems ahead of its Singles' Day shopping festival, while rolling out 50 billion yuan in coupons for premium 88VIP members. Wall Street remains highly bullish with a Strong Buy consensus rating and an average price target of $195.45, representing 17.80% upside potential, as analysts including Thomas Chong of Jefferies (who named Alibaba a "Top Pick for 2026" with a $230 target) and Goldman Sachs' Ronald Keung (raising his target to $205) highlight strong cloud revenue growth expected at 30% year-over-year and significant AI infrastructure investments totaling approximately RMB 460 billion through FY28. Cathie Wood has been steadily adding to her position with a recent $12.3 million investment, while the company's high-value user base expanded to 53 million from 42 million year-over-year, supporting improved profitability in its core e-commerce division despite near-term pressure from Quick Commerce investments.