Alibaba (BABA) Stock Rises 3% Before Earnings: What Wall Street Expects Thursday

TLDR

• BABA rose 2.76% Tuesday to close at $128.15, ahead of fiscal Q1 2027 earnings on Thursday, August 20.
• Wall Street expects revenue of RMB 268.5 billion ($38.63 billion), up 8% year-over-year, but adjusted EPS is forecast to drop 27%.
• Alipay launched a new all-in-one AI platform for businesses, boosting sentiment; BABA stock rose as much as 5% in Hong Kong on the news.
• Serenity Capital Management initiated a $6.72 billion position in BABA, making it the fund’s 11th-largest holding.
• Wall Street holds a Strong Buy consensus with an average price target of $182.33, implying roughly 42% upside.

Alibaba (BABA) stock closed at $128.15 on Tuesday, up 2.76%, as investors positioned ahead of the company’s fiscal first-quarter 2027 earnings report due Thursday morning, August 20. Results cover the quarter ending June 30, 2026. Management will host a conference call at 7:30 a.m. Eastern Time.

Alibaba Group Holding Limited, BABA

Wall Street is forecasting total revenue of RMB 268.5 billion ($38.63 billion), representing 8% year-over-year growth. But heavy spending on AI infrastructure and consumer subsidies is expected to take a toll on the bottom line.

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