TLDR
- Cathie Wood’s ARK Invest purchased 75,541 Alibaba shares worth $12.3 million on October 15, 2025
- Alibaba stock has climbed 43% in three months and is up 98% year-to-date
- Jefferies analyst Thomas Chong raised his price target to $230 and named Alibaba a “Top Pick for 2026”
- Goldman Sachs increased its price target from $179 to $205, citing stronger e-commerce earnings and cloud growth
- Analysts maintain a Strong Buy consensus rating with an average price target of $195.45, suggesting 17.80% upside potential
Cathie Wood’s ARK Invest funds added 75,541 shares of Alibaba Group Holding on October 15, 2025. The purchase was valued at approximately $12.3 million.
The shares were bought across three funds. These included the ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.
Alibaba stock has shown strong performance in recent months. The stock has risen 43% over the past three months.
Year-to-date gains stand at nearly 98%. The rally has been supported by signs of stronger consumer spending in China.
The company has also seen improving profitability in its e-commerce division. Alibaba’s efforts to streamline operations and reduce costs have boosted investor confidence.
Analyst Upgrades Support Stock Gains
Several Wall Street analysts raised their price targets for Alibaba in October. Thomas Chong of Jefferies maintained a Buy rating with a $230 price target.
Chong named Alibaba a “Top Pick for 2026.” He cited rising demand for AI and cloud services as key growth drivers.
The analyst expects cloud revenue to increase about 30% year-over-year. This growth is expected to come from wider use of GPU chips and higher demand for custom data models.
On the e-commerce side, Chong highlighted stronger synergies between core commerce and Quick Commerce. He forecasts customer management revenue to grow about 10% year-over-year.
Goldman Sachs analyst Ronald Keung also raised his price target. He increased it from $179 to $205 while keeping a Buy rating.
Keung pointed to stronger earnings in e-commerce and faster growth in Alibaba Cloud. He noted the company’s large AI investment, with spending expected to reach about RMB 460 billion between fiscal years 2026 and 2028.
Investment Strategy and Market Outlook
Wood’s purchase reflects growing confidence in Alibaba’s cloud and AI initiatives. The same day, ARK Invest also bought $13.3 million worth of Baidu shares.
These purchases show increased interest in Chinese tech stocks. The buys signal ARK’s strategic focus on the sector.
Wall Street maintains a Strong Buy consensus rating on Alibaba. The rating is based on 20 Buy ratings and two Hold ratings.
The average price target among analysts is $195.45. This represents about 17.80% upside potential from current levels.
While Keung expects near-term profit to dip due to Quick Commerce investment, he believes this business will turn profitable over time. The investment is part of Alibaba’s “AI + everyday use” strategy.
Alibaba’s expansion into cloud and AI-related services continues to attract investor attention. The company’s improving performance in core e-commerce operations provides additional support for the stock.
