Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>Citi Keeps Buy on BABA-W with TP HKD195
Recommend 32 Positive 49 Negative 20 |
||||
|
||||
|
According to a report from Citi, BABA-W (09988.HK) is set to announce its 3QFY26 results on March 19th, which are expected to align with the forecasts released by the broker earlier in January. The projections include a 2.7% YoY increase in customer management revenue, a 35% growth in cloud revenue, adjusted EBITA of RMB27.7 billion, and adjusted EBITA for the e-commerce business at RMB37.4 billion, reflecting a loss of around RMB23 billion from the instant commerce business. Citi has kept BABA-W's Buy rating unchanged, with a target price of HKD195. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
