Here’s What JPMorgan Thinks of Alibaba Group Holding Ltd (BABA)
Key takeaways
- On June 16, Goldman Sachs touted Alibaba Group Holding Ltd (NYSE:BABA) as one of its preferred China internet stocks heading into the second half of the year.
- According to the investment bank, the company is well-positioned to benefit from stabilizing consumption trends and expectations of an earnings recovery heading into year-end.
- Goldman Sachs insists Alibaba’s earnings-per-share downgrade cycle is nearing a bottom.
Here’s What JPMorgan Thinks of Alibaba Group Holding Ltd (BABA) Neha Gupta Sat, June 20, 2026 at 7:20 PM GMT+7 2 min read BABA Alibaba Group Holding Ltd (NYSE:BABA) is one of the best falling stocks to invest in, according to analysts. On June 16, Goldman Sachs touted Alibaba Group Holding Ltd (NYSE:BABA) as one of its preferred China internet stocks heading into the second half of the year.
According to the investment bank, the company is well-positioned to benefit from stabilizing consumption trends and expectations of an earnings recovery heading into year-end. It flagged Alibaba as its top pick in China’s burgeoning cloud and data center sub-sector.
Goldman Sachs insists Alibaba’s earnings-per-share downgrade cycle is nearing a bottom. Consequently, any bounce back is expected to be a catalyst for share price support and an inflection for the remainder of the year.