BNP Paribas Exane upgraded Alibaba Group (BABA) to a strong-buy rating. This revision joins a growing bullish consensus among analysts ahead of the May 13 earnings report.
Analysts identify strong early adoption of enterprise AI solutions and new AI model development as key catalysts. These advancements are expected to drive near-term stock performance.
Regulators recently approved a potential REIT spin-off of the company's logistics assets. This strategic move aims to unlock significant value within the organization.