Mizuho Analyst Raises Alibaba Price Target Ahead of Q2 Earnings
Alibaba Group Holding Ltd. (BABA) received a bullish price target revision from Mizuho Securities analyst Wei Fang, who increased his projection to $195 from $159 ahead of the company's Q2 FY26 earnings report. The new target suggests a 23% upside potential, with Fang maintaining an Outperform rating based on strengthening commerce trends, cloud segment progress, and execution in local services.
Recent channel checks indicate improving order volumes and consumer spending in Alibaba's Core commerce business, particularly in food delivery and in-store services. The cloud division shows promising traction in AI-related demand, with growing interest from financial institutions and enterprise clients. While cloud growth remains measured, analysts anticipate gradual acceleration.
