Macquarie Cuts Target Price for Alibaba, Citing AI Investment Costs

Macquarie research analysts have lowered their target price for Alibaba. The primary reason cited for the decision is the anticipated cost increases resulting from the company's investments in artificial intelligence. Analysts predict that these technological investments could pressure Alibaba's short-term profitability metrics. These costs are expected to impact Alibaba's operating margins. Expenditures on AI infrastructure and capabilities will be closely monitored for their effects on the company's financial performance. Not investment advice.

📊 BABA — Piyasa Yorumu

▼ down · 60%

Technically, the stock showed a strong daily gain at the last close, with the RSI approaching the overbought zone at 65. This could set the stage for a short-term correction or consolidation. The MACD remains positive and the price is above short-term averages, indicating the overall trend may still be upward. However, the combination of negative news and overbought conditions increases the likelihood of selling pressure or a move in the wrong direction in the coming days.

RSI 14

65.9

MACD

1.37

24h Δ

4.32%

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