News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>Citi Keeps BABA-W's TP at HKD165, Expects Steady Growth in Cloud Biz Rev.
According to a report from Citi, BABA-W (09988.HK)'s 4QFY25 customer management revenue (CMR) grew by 12% YoY, while TTG EBITA rose by 8%, exceeding expectations. However, 18%/...
Reset
Send
The window will close in 5 seconds
<Research>Citi Keeps BABA-W's TP at HKD165, Expects Steady Growth in Cloud Biz Rev.
Close
Recommend
27
Positive
48
Negative
19
 
 

According to a report from Citi, BABA-W (09988.HK)  -3.500 (-2.836%)    Short selling $554.84M; Ratio 5.743%   's 4QFY25 customer management revenue (CMR) grew by 12% YoY, while TTG EBITA rose by 8%, exceeding expectations. However, 18%/ 8% YoY growth in its cloud revenue/ cloud profit margin fell short of market expectations even though they were in line with the broker's forecasts.

Due to the surge in demand from enterprise customers across various industries, BABA-W's management anticipated cloud service revenue to gradually accelerate in FY26. The broker kept a target price of HKD165 for its H-shares and USD169 for its US shares. It also reiterated the Buy rating, considering the group a representative of China's AI and macroeconomic rebound.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-19 12:25.)

Related NewsBABA-W FY2025 NP Ascends 62%+ YoY; CMR Grows 3%

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.