Mirae Asset Global Investments Co. Ltd. Boosts Stock Holdings in Alibaba Group Holding Limited $BABA

Mirae Asset Global Investments Co. Ltd. increased its position in Alibaba Group Holding Limited (NYSE:BABA) by 16.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 405,027 shares of the specialty retailer’s stock after acquiring an additional 56,047 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Alibaba Group were worth $72,390,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Alibaba Group during the second quarter valued at $527,243,000. Alkeon Capital Management LLC bought a new position in Alibaba Group during the 2nd quarter valued at about $184,291,000. Clear Street LLC purchased a new stake in shares of Alibaba Group during the 2nd quarter valued at about $58,503,000. National Bank of Canada FI grew its stake in shares of Alibaba Group by 373.5% in the second quarter. National Bank of Canada FI now owns 602,233 shares of the specialty retailer’s stock worth $68,294,000 after acquiring an additional 475,053 shares during the period. Finally, Fisher Asset Management LLC grew its stake in shares of Alibaba Group by 8.0% in the second quarter. Fisher Asset Management LLC now owns 5,267,441 shares of the specialty retailer’s stock worth $597,381,000 after acquiring an additional 390,883 shares during the period. 13.47% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Nomura increased their price objective on shares of Alibaba Group from $193.00 to $237.00 and gave the company a “buy” rating in a research report on Monday. Erste Group Bank raised Alibaba Group from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Rosenblatt Securities set a $195.00 price objective on Alibaba Group in a report on Wednesday, November 26th. Sanford C. Bernstein lowered their target price on Alibaba Group from $200.00 to $190.00 and set an “outperform” rating on the stock in a report on Wednesday, November 26th. Finally, CLSA boosted their price target on Alibaba Group from $155.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, October 2nd. Eighteen research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $195.17.

More Alibaba Group News

Here are the key news stories impacting Alibaba Group this week:

• Positive Sentiment: Alibaba’s Qwen-3 became one of the first AI models operating in orbit, a high-profile technical milestone that boosts the company’s AI leadership narrative and long-term monetization potential. Alibaba’s Qwen-3 becomes world’s first AI model to operate in orbit
• Positive Sentiment: Nomura published a bullish forecast for BABA, calling for strong price appreciation — analyst optimism can attract buyers and support multiple expansion. Nomura Forecasts Strong Price Appreciation for Alibaba Group (NYSE:BABA) Stock
• Positive Sentiment: Goldman Sachs said it is “very constructive” on Asia into 2026, citing AI-driven flows into the region; that macro/flow backdrop could lift Chinese tech names like Alibaba. ‘Very constructive’ on Asia in 2026, with Chinese stocks tipped for 20% gains: Goldman Sachs
• Positive Sentiment: Third parties (DeepSeek) are adopting Alibaba’s open?source AI tools to boost OCR and other capabilities, signaling commercial traction and ecosystem wins. DeepSeek taps Alibaba open-source AI technology to boost OCR performance
• Positive Sentiment: Coverage highlights Alibaba’s new flagship AI models explicitly positioned to challenge OpenAI/Google, reinforcing expectations for continued product innovation and competitive stature. Alibaba Sets Sights on ChatGPT and Gemini With New AI Model
• Positive Sentiment: Tencent’s leadership publicly praised Alibaba’s AI integration, a favorable industry signal that may ease competitive concerns and validate Alibaba’s execution. Tencent’s Chief Charts Chinese Firm’s AI Plan While Praising Alibaba’s AI Integration, Criticizing ByteDance’s AI Phone
• Neutral Sentiment: Industry coverage notes a faster global pace of AI model releases across Chinese firms; this highlights both opportunity and intensifying competition for monetization. One year after DeepSeek, Chinese AI firms from Alibaba to Moonshot race to release new models
• Neutral Sentiment: Zacks notes Alibaba has been heavily searched by investors — increased attention can raise volatility but doesn’t by itself change fundamentals. Investors Heavily Search Alibaba Group Holding Limited (BABA): Here is What You Need to Know
• Negative Sentiment: Zacks flagged that Alibaba’s “All Others” segment saw a 25% YoY revenue decline in Q2 FY26 and widening losses, which could weigh on near?term growth and investor sentiment. Is Alibaba’s “All Others” Revenues Becoming a Drag on Growth?
• Negative Sentiment: Texas’ governor ordered state employees barred from using Shein and Alibaba products — a political/regulatory headwind that could modestly affect U.S. enterprise and consumer-facing business discussions. Texas governor bars state employees from using Shein, Alibaba products

Alibaba Group Stock Performance

Shares of BABA opened at $175.77 on Thursday. The business has a 50-day simple moving average of $157.83 and a two-hundred day simple moving average of $151.44. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.23. Alibaba Group Holding Limited has a 52 week low of $95.73 and a 52 week high of $192.67. The stock has a market cap of $419.64 billion, a price-to-earnings ratio of 24.28, a PEG ratio of 3.72 and a beta of 0.37.

Alibaba Group Profile

Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co?founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high?profile initial public offering on the New York Stock Exchange in 2014.

The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.