Alibaba’s AI Ambitions Fuel Analyst Optimism

While many investors remain focused on Alibaba’s e-commerce roots, the Chinese technology behemoth is quietly building momentum in a sector poised for exponential growth. The company’s strategic pivot toward artificial intelligence and cloud infrastructure is generating significant attention from market experts, who see substantial untapped potential that may not be fully reflected in the current share price.

Wall Street’s growing enthusiasm for Alibaba’s strategic direction is evident in recent analyst actions. Multiple prominent financial institutions have substantially raised their price targets, signaling strengthened confidence in management’s execution capabilities.

Jefferies increased their target from $178 to $230, while Nomura now sees the Read more...