Alibaba Group Holding Limited (NYSE:BABA) is a leading e-commerce and technology company based in China. It operates various businesses, including online retail, cloud computing, and digital media. Alibaba competes with other tech giants like Amazon and Tencent. On November 26, 2025, Citigroup maintained its "Buy" rating for Alibaba, with the stock priced at $157.01.
Citigroup raised Alibaba's price target from $218 to $225, as highlighted by TheFly. This suggests confidence in Alibaba's future performance. Despite a recent decrease of 2.31% or $3.72, the stock has shown resilience, trading between $156.15 and $166.37 today. Over the past year, BABA has fluctuated between a high of $192.67 and a low of $80.06.
Alibaba's CEO, Eddie Wu, is optimistic about the AI market. He believes the demand for AI is outpacing the global supply of chips. In response, Alibaba plans to invest aggressively in AI. This strategic move aligns with Citigroup's positive outlook and the increased price target.
The company's market capitalization is approximately $364.06 billion, reflecting its significant presence in the tech industry. With a trading volume of 27.06 million shares on the NYSE, Alibaba remains a key player in the market. The company's focus on AI could drive future growth and support Citigroup's "Buy" rating.
