bullish

Alibaba (9988 HK) 3Q24 Earnings Preview: Recovery to Continue, 67% Upside

843 Views07 Nov 2023 09:09
The financial recovery from 1Q24 will continue in 2Q24. Op margin will improve to 15% in 2Q24 versus 12% in 2Q23. Alibaba has an upside of 69% for the year end 2024. Buy.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 3-minute read)
Discussions
(Paid Plans Only)
chart-bar
x