Alibaba stock surged 4.91% on October 13, 2025, closing at $166.82, recovering from the previous session's steep 8.45% decline. The rebound was driven by multiple catalysts: Goldman Sachs raised its price target from $179 to $205 and increased cloud revenue growth projections to 31%, 38%, and 37% for fiscal years 2026-2028, citing breakthroughs in multimodal AI models and diversified chip supply. CICC maintained an Outperform rating with a $204 price target, while Daiwa Securities reaffirmed its Buy rating despite projecting near-term losses. The rally also benefited from President Trump's softer stance on China tariffs, which helped offset earlier concerns from escalating U.S.-China trade tensions that had pressured Chinese tech stocks. Analysts highlighted Alibaba Cloud's full-stack AI capabilities, early profit recovery on Taobao-Tmall, and strong positioning in AI-powered cloud operations as key drivers supporting the stock's momentum.