1. What is price of alibaba stock?
When viewed over long periods, the Alibaba share price is related to expectations of future earnings and dividends of the firm.Over short periods, especially for younger or smaller firms, the relationship between share price and dividends can be quite unmatched. Alibaba share must be priced at $1 or more to be covered by NASDAQ. If the Alibaba share price falls below that level the stock is "delisted", and becomes an OTC (over the counter stock). An Alibaba stock must have a price of $1 or more for 10 consecutive trading days during each month to remain listed.
2. What is target for alibaba stock price today?
Alibaba (NYSE: BABA) Stock Price Targets Are Too Low
(NYSE: BABA) with "Buy" ratings and price targets of $112, $110, and $100, respectively.
And while those BABA stock price targets are bullish, they're all off the mark. Alibaba stock is headed much higher than that.
Admittedly, BABA's first month has been quiet. On Alibaba's first day of trading, shares climbed as high as $99.70, but the stock quickly settled down. In fact, since opening its first day of trading at $92.70, BABA stock has actually dropped 4.8%.
But that isn't a cause for concern. If anything, a drop under 5% in the last month is a good sign. Stocks are typically very volatile following IPOs. New stocks are subject to serious losses if their IPOs take place during a down market.
The new analyst price targets represent gains of 27%, 25%, and 13.3% from Monday's close. But investors can expect more profits than that.