Citigroup reiterated its Buy rating and $205 price target for Alibaba (BABA) on May 12, 2026. Analyst Alicia Yap forecasts AI-related revenue to grow at a 90% compound annual rate from fiscal 2026 to 2031. AI is projected to eventually comprise 70% of the company's total cloud revenues.
Alibaba is scheduled to report its fourth-quarter fiscal 2026 results on May 13. Investors are monitoring the report for returns on significant AI investments. The market anticipates a year-over-year decline in profits alongside modest revenue growth.