Track market-moving stories before they get noisy

Alibaba (BABA - Free Report) closed the most recent trading day at $101.82, moving -2.49% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 1.21% for the day. On the other hand, the Dow registered a gain of 0.02%, and the technology-centric Nasdaq decreased by 2.6%.

Shares of the online retailer have depreciated by 5.77% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 3.07%, and the S&P 500's loss of 0.03%.

The investment community will be closely monitoring the performance of Alibaba in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $1.46, reflecting a 139.34% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $40.35 billion, indicating a 15.93% increase compared to the same quarter of the previous year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $6.35 per share and revenue of $166.47 billion. These totals would mark changes of +63.24% and +14.5%, respectively, from last year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Alibaba. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 3.46% lower. As of now, Alibaba holds a Zacks Rank of #3 (Hold).

Looking at its valuation, Alibaba is holding a Forward P/E ratio of 16.45. This valuation marks a premium compared to its industry average Forward P/E of 15.42.

It is also worth noting that BABA currently has a PEG ratio of 1.23. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Commerce industry currently had an average PEG ratio of 1.25 as of yesterday's close.

The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 160, finds itself in the bottom 35% echelons of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Alibaba's stock price extended its recent sell-off as Chinese tech shares tumbled, wiping out $2.4 trillion in market value amid growing doubts about the AI industry. BABA shares fell to $100 in premarket trading, down 48% from their highest point this year.

Alibaba Group Holding Limited (NYSE:BABA) stock slid 3% lower Wednesday as investors weighed the company's aggressive AI expansion against persistent technical weakness, even as the broader U.S. market and consumer discretionary sector moved higher.

Frank Rimerman Advisors LLC acquired a new stake in Alibaba Group Holding Limited (NYSE:BABA – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,649 shares of the specialty retailer’s stock, valued at approximately $1,360,000.

Several other hedge funds have also recently bought and sold shares of BABA. Nykredit A S purchased a new stake in Alibaba Group during the second quarter worth $50,417,000. Pale Fire Capital SE acquired a new stake in Alibaba Group in the second quarter valued at $49,810,000. Candriam S.C.A. increased its position in shares of Alibaba Group by 104.6% in the first quarter. Candriam S.C.A. now owns 564,818 shares of the specialty retailer’s stock valued at $70,862,000 after buying an additional 288,738 shares in the last quarter. Sei Investments Co. increased its position in shares of Alibaba Group by 63.5% in the first quarter. Sei Investments Co. now owns 573,409 shares of the specialty retailer’s stock valued at $71,940,000 after buying an additional 222,666 shares in the last quarter. Finally, WCM Investment Management LLC increased its position in shares of Alibaba Group by 347.6% in the first quarter. WCM Investment Management LLC now owns 249,736 shares of the specialty retailer’s stock valued at $30,463,000 after buying an additional 193,947 shares in the last quarter. 13.47% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Alibaba Group In other Alibaba Group news, insider Fang Jiang sold 885,272 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $13.55, for a total transaction of $11,995,435.60. Following the sale, the insider directly owned 4,679,097 shares of the company’s stock, valued at $63,401,764.35. This trade represents a 15.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Yongming Wu purchased 350,000 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were purchased at an average cost of $14.24 per share, for a total transaction of $4,984,000.00. Following the completion of the purchase, the chief executive officer directly owned 1,364,418 shares in the company, valued at $19,429,312.32. The trade was a 34.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold a total of 999,971 shares of company stock worth $13,563,304 in the last ninety days. Company insiders own 12.50% of the company’s stock.

Trending Headlines about Alibaba Group Here are the key news stories impacting Alibaba Group this week: Positive Sentiment: AI and cloud remain major growth catalysts. Bernstein identified Alibaba as one of its top Chinese AI plays, while an analysis highlighted the potential for Alibaba Cloud to become a trillion-renminbi business by 2032. Cloud revenue and quick-commerce growth have reportedly been strong, although achieving the long-term opportunity will require substantial capital spending. Bernstein Says Tencent and Alibaba Stocks Are Its Top AI Plays in China Alibaba: Enough Fuel To Power The Trillion-RMB Cloud Machine Positive Sentiment: Alibaba is expanding AI across its commerce ecosystem. Management plans to embed AI throughout Taobao and Tmall merchant operations by 2027, which could improve advertising, merchandising, customer service, and operating efficiency. Alibaba to Embed AI Throughout Taobao and Tmall Merchant Operations in 2027 Positive Sentiment: Singles’ Day preparations point to potentially stronger consumer activity. The company expects about one million brands to participate, raising hopes for promotional momentum and improved e-commerce results. Alibaba Sets Sights on Record-Breaking Singles’ Day Neutral Sentiment: Erste Group Bank raised its earnings estimates, and a comparison with Coupang emphasized Alibaba’s scale, global e-commerce position, cloud exposure, and profitability. However, these are longer-term considerations rather than immediate earnings catalysts. Erste Group Bank Boosts Earnings Estimates for Alibaba Group Negative Sentiment: Cybersecurity concerns may be weighing on sentiment. Researchers said AI agents operating on Tencent Cloud attempted to access Alibaba’s Amap, highlighting potential security and competitive risks. The report does not establish a confirmed breach, but it could increase scrutiny of Alibaba’s defenses and AI infrastructure. AI Agents on Tencent Cloud Try to Break Into Alibaba’s Amap Negative Sentiment: BABA underperformed the broader market in the latest session. Investors may remain cautious because AI and cloud expansion are increasing capital requirements, while traditional e-commerce growth and recent earnings performance have been less consistent. Analyst Ratings Changes Several research firms have recently issued reports on BABA. Benchmark reaffirmed a “buy” rating on shares of Alibaba Group in a research note on Thursday, August 20th. Sanford C. Bernstein reissued an “outperform” rating and issued a $165.00 price objective on shares of Alibaba Group in a research note on Monday, September 7th. Susquehanna raised their target price on shares of Alibaba Group from $185.00 to $190.00 and gave the company a “positive” rating in a report on Friday, August 28th. Barclays raised their target price on shares of Alibaba Group from $195.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, August 21st. Finally, Jefferies Financial Group restated a “buy” rating and set a $192.00 target price on shares of Alibaba Group in a research report on Thursday, October 8th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Alibaba Group currently has a consensus rating of “Moderate Buy” and an average target price of $182.89.

Check Out Our Latest Stock Report on BABA

Alibaba Group Stock Performance NYSE BABA opened at $109.02 on Monday. Alibaba Group Holding Limited has a fifty-two week low of $91.99 and a fifty-two week high of $182.50. The stock has a market cap of $271.22 billion, a price-to-earnings ratio of 26.40, a price-to-earnings-growth ratio of 1.42 and a beta of 0.47. The business has a fifty day moving average of $114.36 and a 200-day moving average of $119.04. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.21.

Alibaba Group (NYSE:BABA – Get Free Report) last issued its quarterly earnings data on Friday, August 14th. The specialty retailer reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.94 by ($0.68). The company had revenue of $39.64 billion during the quarter, compared to analysts’ expectations of $39.52 billion. Alibaba Group had a net margin of 7.00% and a return on equity of 4.79%. The firm’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $14.75 earnings per share. As a group, analysts predict that Alibaba Group Holding Limited will post 5.74 earnings per share for the current fiscal year.

About Alibaba Group (Free Report)

Alibaba Group Holding Limited is a technology and commerce company founded in 1999 and headquartered in Hangzhou, China. It operates a broad digital ecosystem that connects consumers, merchants, brands and businesses through online marketplaces, technology platforms and related services.

The company’s China commerce businesses include Taobao, a consumer-focused marketplace, and Tmall, which enables brands and retailers to sell directly to consumers. Alibaba also operates 1688, a business-to-business wholesale marketplace.

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SummaryAlibaba Group Holding Limited is down 41% from its 2025 peak as earnings recovery lags and capex expectations rise, but profitability recovery remains plausible.Q1 revenue grew 9% YoY, driven by China Quick Commerce and Cloud (+45% each), while traditional e-commerce declined and AI investments increased cash burn.Alibaba's investment case is shifting from mature e-commerce to high-margin cloud ambitions, targeting 20 GW data center power and 1 trillion RMB cloud revenue by 2032.Despite high capex needs (200–300bn RMB/year), Alibaba's strong balance sheet, low valuation (PEG 0.61), and potential for margin normalization offer significant upside. maybefalse/iStock Unreleased via Getty Images

Investment Summary The stock price of Alibaba Group Holding Limited (BABA) is down 41% from its peak in 2025 as earnings recovery takes longer than expected and the CapEx expectations pile up. However, the company path

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Global retail landscapes are shifting as investors weigh the stability of American technology giants against the potential value found in overseas leaders. Choosing between Amazon.com (AMZN -1.10%) and Alibaba Group (BABA -0.53%) remains a pivotal decision.

Amazon relies on its massive Prime membership base and industry-leading cloud infrastructure to drive growth. Alibaba serves as the backbone of Chinese digital commerce while expanding its own cloud and artificial intelligence initiatives. They are often compared because both companies dominate their respective regions through integrated logistics and vast technology ecosystems.

The case for Amazon.comAmazon.com operates as a multifaceted technology and logistics powerhouse, serving hundreds of millions of customers globally. As a leader among retail stocks, the company generates revenue through online and physical stores, third-party seller services, and advertising. It maintains commercial agreements with various businesses, including major consumer brands like PepsiCo (PEP +0.56%), for fulfillment and technology services.

In the fiscal year ended Dec. 31, 2025, revenue reached nearly $716.9 billion. This represented a 12.4% increase compared with the prior fiscal year. Net income for the period was roughly $77.7 billion, resulting in a net margin of approximately 10.8%.

As of its December 2025 balance sheet, the debt-to-equity ratio was roughly 0.4x. This ratio measures total debt, including both short-term and long-term obligations, against shareholder equity. The current ratio, which measures the ability to cover short-term liabilities with current assets, was nearly 1.1x. Free cash flow was nearly $7.7 billion, which is the cash generated from operations minus capital expenditures.

The case for AlibabaAlibaba Group is a global leader in technology and commerce, focusing primarily on its core Chinese marketplaces, Taobao and Tmall. The company also reaches international buyers in over 190 countries through platforms such as AliExpress and Lazada. While Alibaba does not disclose individual name-brand customers in its latest annual report, its ecosystem enables interactions among hundreds of millions of users and enterprises.

In the fiscal year ended March 31, 2026, revenue was roughly $153.2 billion. This was an increase of approximately 2.7% year over year. Net income reached nearly $15.5 billion, with the company reporting a net margin of approximately 10.1% for the period.

As of its March 2026 balance sheet, the debt-to-equity ratio was roughly 0.2x. This indicates a relatively low level of total debt compared to the equity held by shareholders. The current ratio was approximately 1.3x, suggesting sufficient liquidity for immediate business needs. Free cash flow for the period was negative, totaling roughly -$7.6 billion, representing cash from operations after subtracting capital expenditures.

Risk profile comparisonAmazon faces intense competition from well-funded rivals across e-commerce, cloud services, and digital advertising. The company deals with ongoing regulatory and antitrust scrutiny, including the De Coster v. Amazon lawsuit scheduled for trial in 2027. Management must also navigate risks related to labor unionization efforts and a heavy reliance on suppliers based in China, which exposes the business to potential trade disruptions.

Alibaba faces a complex regulatory environment in its home market, which can impact its operational flexibility and long-term strategy. The company encounters stiff competition from other major digital platforms in the Chinese consumer discretionary sector. Additionally, geopolitical tensions may affect its international expansion efforts and the global adoption of its cloud computing services by international enterprises.

Valuation comparisonAlibaba appears significantly more affordable than Amazon when looking at both future earnings estimates and trailing revenue multiples.

MetricAmazon.comAlibabaForward P/E20.5x17.1xP/S ratio3.6x1.7xValuation metrics include sourcing from Financial Modeling Prep (FMP) and may differ from other data providers.

forward P/E measures the share price against future earnings estimates for the next twelve months. The P/S ratio compares the market value of the company to its sales over the past twelve months.

Amazon got its start as an online bookseller, but today, the company sells just about any type of product you can imagine. Both Amazon and Alibaba operate massive e-commerce marketplaces, but their businesses extend well beyond online retail.

Alibaba serves as a middleman, connecting manufacturers and suppliers in China with buyers worldwide. Consumers can purchase items through its subsidiaries Taobao and AliExpress. It provides logistics and cloud computing services and has been investing heavily in AI. Alibaba's stock trades at a much lower earnings multiple compared to Amazon's, which could appeal to value-oriented investors. However, that pricing reflects the risks associated with its Chinese operations and stiff competition from other platforms.

Amazon also operates a third-party marketplace and sells products directly to consumers. But it offers much more: cloud computing through AWS, advertising, logistics, digital entertainment, and AI. These operations provide multiple opportunities for growth and help support its premium valuation.

Alibaba's lower valuation could offer greater upside, but not without considerable risk. Even with its higher multiple, I think Amazon is the better buy. Its consistent long-term growth and strong competitive position, along with its diversified products and services, make it a more attractive investment.

Alibaba (BABA - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Shares of this online retailer have returned +1.9% over the past month versus the Zacks S&P 500 composite's +2.4% change. The Zacks Internet - Commerce industry, to which Alibaba belongs, has gained 2.3% over this period. Now the key question is: Where could the stock be headed in the near term?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, Alibaba is expected to post earnings of $1.49 per share, indicating a change of +144.3% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.9% over the last 30 days.

The consensus earnings estimate of $6.5 for the current fiscal year indicates a year-over-year change of +67.1%. This estimate has changed -0.9% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $8.78 indicates a change of +35.1% from what Alibaba is expected to report a year ago. Over the past month, the estimate has changed -2.2%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Alibaba is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

In the case of Alibaba, the consensus sales estimate of $40.63 billion for the current quarter points to a year-over-year change of +16.7%. The $166.96 billion and $186.29 billion estimates for the current and next fiscal years indicate changes of +14.8% and +11.6%, respectively.

Last Reported Results and Surprise HistoryAlibaba reported revenues of $39.64 billion in the last reported quarter, representing a year-over-year change of +14.7%. EPS of $1.26 for the same period compares with $2.06 a year ago.

Compared to the Zacks Consensus Estimate of $38.63 billion, the reported revenues represent a surprise of +2.61%. The EPS surprise was -35.05%.

Over the last four quarters, Alibaba surpassed consensus EPS estimates times. The company topped consensus revenue estimates three times over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Alibaba is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Alibaba. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

Alibaba (BABA - Free Report) ended the recent trading session at $105.70, demonstrating a -1.21% change from the preceding day's closing price. This change lagged the S&P 500's 0.47% loss on the day. Elsewhere, the Dow saw an upswing of 0.1%, while the tech-heavy Nasdaq depreciated by 1.25%.

The online retailer's stock has dropped by 2.19% in the past month, exceeding the Retail-Wholesale sector's loss of 2.73% and lagging the S&P 500's gain of 1.15%.

Market participants will be closely following the financial results of Alibaba in its upcoming release. The company's earnings per share (EPS) are projected to be $1.49, reflecting a 144.26% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $40.63 billion, showing a 16.73% escalation compared to the year-ago quarter.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.41 per share and revenue of $166.96 billion, indicating changes of +64.78% and +14.83%, respectively, compared to the previous year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Alibaba. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.93% lower. As of now, Alibaba holds a Zacks Rank of #3 (Hold).

Looking at valuation, Alibaba is presently trading at a Forward P/E ratio of 16.7. This signifies a premium in comparison to the average Forward P/E of 14.86 for its industry.

Investors should also note that BABA has a PEG ratio of 1.3 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Internet - Commerce industry had an average PEG ratio of 1.19.

The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 200, placing it within the bottom 19% of over 250 industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

Key Takeaways BABA's AI product sales marked a 12th straight quarter of triple-digit growth.Alibaba's full-stack AI strategy spans chips, Qwen models and cloud infrastructure.BABA's heavy AI spending pressured profits, but cash and liquid investments provides flexibility. Alibaba (BABA - Free Report) shares have plunged 16.2% over the past six months compared with a 4.1% decline in the Zacks Retail-Wholesale sector as investors weighed the company's aggressive artificial intelligence (AI) spending against declining profitability. While concerns over margins are valid, Alibaba's fundamentals tell a more nuanced story.

Accelerating cloud growth, a deepening full-stack AI ecosystem and a resilient commerce business backed by a strong balance sheet suggest that existing investors should hold the stock, even as near-term headwinds argue for patience before adding fresh positions.

BABA’s 6-Months Performance
Image Source: Zacks Investment Research

AI Cloud Momentum Anchors the Growth StoryIn the first quarter of fiscal 2027 (ended June 30, 2026), revenues from AI Cloud and Compute Services jumped 45% year over year to RMB48.44 billion (US$7.14 billion), with external customer revenues also accelerating to 45%, the fastest pace in 22 quarters. AI-related product revenues reached RMB12.38 billion (US$1.82 billion), marking the 12th consecutive quarter of triple-digit growth and accounting for 35% of external cloud revenues. Profitability is improving alongside scale, as the segment's adjusted EBITA surged 133% to RMB5.63 billion, lifting the EBITA margin to 12%. Alibaba also ranked first in China's AI cloud market with a 38.1% share.

Full-Stack AI Strategy Deepens Competitive MoatAlibaba's tight integration of proprietary chips, models and applications remains a key differentiator. T-Head's Zhenwu chips now serve more than 650 external customers, while the company opened the weights of its 2.4-trillion-parameter Qwen3.8-Max flagship model in August. At the Apsara Conference held in September 2026, Alibaba revealed that Qwen 4 is in training, with the Qwen 4.5 and Qwen 5 series projected to scale to 5-10 trillion parameters. T-Head unveiled the Zhenwu V900 AI processor, offering triple its predecessor's performance, with mass production slated for first-quarter 2027, alongside Yitian 720 and Yitian 730 CPUs for agentic workloads launching in 2027. Alibaba Cloud also plans its first regions in Türkiye, Finland and the Netherlands over the next 12 months, and launched Qwen Intelligence, an agent platform for smartphone makers.

Commerce Resilience and Strong Balance Sheet Provide CushionAlibaba E-commerce Group's adjusted EBITA held nearly flat at RMB39.75 billion. China Quick Commerce revenues climbed 45% to RMB53.3 billion, with unit economics improving sequentially, while AliExpress turned operationally profitable. The 88VIP membership base grew by double digits to roughly 64 million, and 250 million users have completed their first AI-driven shopping experience through the Qwen app. However, customer management revenues declined 7% year over year due to weaker transaction activity and a contra-revenue accounting change, rising just 1% on a like-for-like basis. With cash and liquid investments of RMB474.5 billion (US$69.9 billion), Alibaba has ample flexibility to fund its AI ambitions.

Heavy Capex Weighs on Near-Term ProfitabilityCapital expenditure surged 75% year over year to RMB67.68 billion (US$9.98 billion) in the fiscal first quarter, pushing free cash flow to an outflow of RMB44.67 billion (US$6.58 billion). Adjusted EBITA fell 30%, and non-GAAP diluted earnings per ADS declined 42% to $1.26, as losses in AI Labs and Applications widened to RMB13.86 billion on higher Qwen app inference costs. Management has already deployed half of its planned RMB380 billion AI infrastructure investment for 2026-2029 and expects AI-related capex to break even within three years based on current gross margins. Alibaba anticipates AI and cloud revenue growth to accelerate further in the coming quarters alongside improving profitability, and aims to surpass 20 GW of global data-center capacity by 2032.

The Zacks Consensus Estimate for BABA's fiscal 2027 EPS is pegged at $6.41, down 1.7% from estimates issued 30 days ago, indicating 64.78% growth from the prior year.

Valuation and Competitive LandscapeFrom a valuation standpoint, BABA stock is currently trading at a trailing 12-month Price/Earnings ratio of 46.93X compared with the sector’s 27.55X. BABA has a Value Score of C.

In cloud, Alibaba competes with Microsoft (MSFT - Free Report) , Amazon (AMZN - Free Report) and Alphabet (GOOGL - Free Report) , which are scaling AI infrastructure aggressively. Microsoft is leveraging Azure and its OpenAI partnership, Amazon is expanding AWS with custom Trainium chips, and Alphabet is growing Google Cloud on the back of Gemini models and TPUs. Their far larger global data-center footprints and deeper enterprise relationships pose a meaningful challenge to Alibaba's international expansion ambitions. However, since Microsoft, Amazon and Alphabet have limited direct presence in China, Alibaba's full-stack approach spanning proprietary chips, open-weight Qwen models and cloud infrastructure provides a defensible domestic moat, which justifies holding the stock despite its current premium valuation.

BABA's Steep Valuation Raises Concern
Image Source: Zacks Investment Research

ConclusionAlibaba's accelerating AI cloud growth, deepening full-stack capabilities and resilient commerce franchise make a strong case for existing investors to hold the stock. However, given heavy capex and margin pressure, new investors should wait for a better entry point.

Alibaba currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

LOS ANGELES--(BUSINESS WIRE)---- $BABA--BABA Investors Have Opportunity to Lead Alibaba Group Holding Limited Securities Fraud Lawsuit with SBS Law.

SAN FRANCISCO, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP urges Alibaba Group Holding Limited (NYSE: BABA) investors who suffered substantial losses submit their losses now.

A securities fraud class action lawsuit has been filed against Alibaba, and investors are encouraged to contact the firm regarding potential recoveries and lead plaintiff rights. The case, captioned Wistisen v. Alibaba Group Holding Limited, et al., No. 1:26-cv-06654 (S.D.N.Y.), accuses Alibaba and certain of its executive officers of violating the Securities Exchange Act of 1934.

Class Period: June 26, 2025 – June 24, 2026
Lead Plaintiff Deadline: Oct. 5, 2026
Visit: www.hbsslaw.com/baba
Contact the Firm Now: [email protected]
                                        844-916-0895

Video: www.youtube.com/watch?v=Mt00-HjZs8U

Core Allegations

The lawsuit alleges that Alibaba and certain executives misrepresented and failed to disclose adverse facts pertaining to the Company’s business which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that:

Under the National Defense Authorization Act (NDAA), any entities directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology (MIIT) were considered a Chinese military company;Alibaba was directly or indirectly controlled by or affiliated with the MIIT;The risk of Alibaba carrying out distillation attacks against third- party AI models was not a mere hypothetical or inadvertent, but ongoing; andAs a result, Defendants’ public statements about Alibaba’s business, operations, and prospects were materially false and/or misleading at all relevant times. The Truth Emerges

The truth regarding Alibaba’s regulatory exposure and illicit business practices was revealed through a series of partial corrective disclosures:

June 8, 2026: The U.S. Department of Defense added Alibaba to its list of Chinese military companies under the NDAA due to its ties to the MIIT. On this news, Alibaba ADSs fell $4.69 per share, or 3.9%, over two trading sessions.June 24, 2026: Bloomberg reported that Anthropic alerted U.S. officials that Alibaba fraudulently accessed Anthropic’s Claude AI models via thousands of fake accounts to execute unauthorized "distillation" attacks to train its own models. On this news, Alibaba ADSs fell $4.73 per share, or 4.7%, to close at $95.07 on June 25, 2026. The complaint alleges that as a result of Defendants' misleading statements and omissions, investors suffered substantial losses when the artificial inflation was removed from the stock.

Hagens Berman’s Investigation

Read Hagens Berman's detailed analysis on the alleged AI securities fraud by Alibaba, including claims that the company misled shareholders about its artificial intelligence capabilities while secretly conducting a massive industrial espionage campaign to close the gap.

“We are investigating whether Alibaba executives intentionally concealed the company’s regulatory ties and engaged in fraudulent operational practices to mislead the market about its true risk profile and competitive position,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation of the alleged claims in the pending suit.

What Affected BABA Investors Should Do
If you purchased or acquired Alibaba securities between June 26, 2025, and June 24, 2026, and suffered significant financial losses, you have until October 5, 2026, to ask the court to appoint you as lead plaintiff. You do not need to seek lead plaintiff status to share in any potential recovery.

To learn more about your legal options, submit your information to Hagens Berman, visit www.hbsslaw.com/baba, call Reed Kathrein at 844-916-0895, or email [email protected].

Whistleblowers: Persons with non-public information regarding Alibaba should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

Contact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley, CA 94710, 844-916-0895, [email protected]

Alibaba Group Holding Limited Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - BABAPR Newswire

NEW YORK, Oct. 5, 2026

, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Alibaba Group Holding Limited ("Alibaba" or "the Company") (NYSE: BABA) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of BABA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: June 26, 2025 to June 24, 2026

DEADLINE: October 5, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Alibaba's affiliation with the Chinese government put it at risk of being labeled a Chinese military company under the National Defense Authorization Act. The Company was at risk of being blamed for a distillation attack carried out on a leading AI platform. Based on these facts, Alibaba's public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

David J. Schwartz

DJS Law Group

274 White Plains Road, Suite 1

Eastchester, NY 10709

Phone: 914-206-9742

Email: [email protected]

View original content:https://www.prnewswire.com/news-releases/alibaba-group-holding-limited-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--baba-302897921.html

SOURCE DJS Law Group LLP

Check the Warning Signs for

BABA

now!

, /PRNewswire/ -- Schall, Brown & Schwartz LLP ("SBS"), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Alibaba Group Holding Limited ("Alibaba" or "the Company") (NYSE: BABA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of BABA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: June 26, 2025 to June 24, 2026

DEADLINE: October 5, 2026

If you are a shareholder who suffered a loss, click here to participate.

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Alibaba was under the direct or indirect control of the Chinese Ministry of Industry and Information, or otherwise affiliated with the Chinese government. This affiliation could lead the Company to be considered a Chinese military company under the National Defense Authorization Act. The risk of the Company undertaking a distillation attack on a major Western AI model was not a mere hypothetical, but an actual ongoing activity. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Alibaba, investors suffered damages.

We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

Join the case to recover your losses

WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.             

CONTACT:

Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE Schall, Brown & Schwartz LLP

24 HOUR BABA INVESTOR DEADLINE: Alibaba Group Holding Limited Investors with Substantial Losses Have Opportunity to Lead Class Action LawsuitPR NewswireSAN DIEG

, /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Alibaba Group Holding Limited (NYSE: BABA) publicly traded securities between June 26, 2025 and June 24, 2026, inclusive (the "Class Period"), have until tomorrow, Monday, October 5, 2026 to seek appointment as lead plaintiff of the Alibaba class action lawsuit. Captioned Wistisen v. Alibaba Group Holding Limited, No. 26-cv-06654 (S.D.N.Y.), the Alibaba class action lawsuit charges Alibaba and Alibaba's Chief Executive Officer with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Alibaba class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-alibaba-group-holding-limited-class-action-lawsuit-baba.html 

You can also contact Robbins Geller attorneys Ken Dolitsky or Michael Albert by calling 800/851-7783 or via e-mail at [email protected].

CASE ALLEGATIONS: Alibaba, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses.

The Alibaba class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) under the National Defense Authorization Act, any entities directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology were considered a Chinese military company; (ii) Alibaba was directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology; (iii) the risk of Alibaba carrying out distillation attacks against third-party AI models was not a mere hypothetical or inadvertent, but ongoing; and (iv) as a result, defendants' public statements about Alibaba's business, operations, and prospects were materially false and/or misleading at all relevant times.

On June 8, 2026, after market hours, the U.S. Department of Defense allegedly released an updated list identifying Chinese military companies that included Alibaba due to its direct or indirect control by or affiliation with the Chinese Ministry of Industry and Information Technology. On this news, the price of Alibaba's American Depositary Shares ("ADSs") declined nearly 4%, according to the complaint.

On June 24, 2026, shortly before the markets closed, Bloomberg published an article titled "Anthropic Accuses Alibaba of 'Illicitly' Accessing AI Models." According to the complaint, the article stated in part that "Anthropic said that a campaign by operators linked to Alibaba's Qwen AI lab targeted Claude's most prized capabilities, including software engineering and agentic reasoning, according to a letter that the AI startup sent to several US senators and White House officials." The article allegedly also added that "Anthropic warned that Alibaba and other Chinese labs are making systematic and unauthorized use of results from leading US models to develop a rival generation of chatbots at a fraction of the cost via a practice known as adversarial distillation." On this news, the price of Alibaba's ADSs fell 2.7% on June 24, 2026, and 4.7% further on June 25, 2026, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Alibaba publicly traded securities during the Class Period to seek appointment as lead plaintiff in the Alibaba class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Alibaba class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Alibaba class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Alibaba class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.

Contact:

Robbins Geller Rudman & Dowd LLP
Ken Dolitsky
Michael Albert
655 W. Broadway, Suite 1900, San Diego, CA 92101
800/851-7783
[email protected] 

SOURCE Robbins Geller Rudman & Dowd LLP

NEW YORK, Oct. 03, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Alibaba Group Holding Limited (NYSE: BABA) between June 26, 2025 and June 24, 2026, both dates inclusive (the “Class Period”), of the important October 5, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased Alibaba securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Alibaba class action, go to https://rosenlegal.com/cases/alibaba-group-holding-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 5, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) under the National Defense Authorization Act (the “NDAA”), any entities directly or indirectly controlled by or affiliated with the MIIT were considered a Chinese military company; (2) Alibaba was directly or indirectly controlled by or affiliated with the MIIT; (3) the risk of Alibaba carrying out distillation attacks against third-party AI models was not a mere hypothetical or inadvertent, but ongoing; and (4) as a result, defendants’ statements about Alibaba’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Alibaba class action, go to https://rosenlegal.com/cases/alibaba-group-holding-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

New York, New York--(Newsfile Corp. - October 2, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Alibaba Group Holding Limited (NYSE: BABA) between June 26, 2025 and June 24, 2026, both dates inclusive (the "Class Period"), of the important October 5, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased Alibaba securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Alibaba class action, go to https://rosenlegal.com/cases/alibaba-group-holding-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 5, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) under the National Defense Authorization Act (the "NDAA"), any entities directly or indirectly controlled by or affiliated with the MIIT were considered a Chinese military company; (2) Alibaba was directly or indirectly controlled by or affiliated with the MIIT; (3) the risk of Alibaba carrying out distillation attacks against third-party AI models was not a mere hypothetical or inadvertent, but ongoing; and (4) as a result, defendants' statements about Alibaba's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Alibaba class action, go to https://rosenlegal.com/cases/alibaba-group-holding-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/317149

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

SAN DIEGO, Oct. 02, 2026 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Alibaba Group Holding Limited (NYSE: BABA) publicly traded securities between June 26, 2025 and June 24, 2026, inclusive (the “Class Period”), have until this upcoming Monday, October 5, 2026 to seek appointment as lead plaintiff of the Alibaba class action lawsuit. Captioned Wistisen v. Alibaba Group Holding Limited, No. 26-cv-06654 (S.D.N.Y.), the Alibaba class action lawsuit charges Alibaba and Alibaba’s Chief Executive Officer with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Alibaba class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-alibaba-group-holding-limited-class-action-lawsuit-baba.html

You can also contact Robbins Geller attorneys Ken Dolitsky or Michael Albert by calling 800/851-7783 or via e-mail at [email protected].

CASE ALLEGATIONS: Alibaba, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses.

The Alibaba class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) under the National Defense Authorization Act, any entities directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology were considered a Chinese military company; (ii) Alibaba was directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology; (iii) the risk of Alibaba carrying out distillation attacks against third-party AI models was not a mere hypothetical or inadvertent, but ongoing; and (iv) as a result, defendants’ public statements about Alibaba’s business, operations, and prospects were materially false and/or misleading at all relevant times.

On June 8, 2026, after market hours, the U.S. Department of Defense allegedly released an updated list identifying Chinese military companies that included Alibaba due to its direct or indirect control by or affiliation with the Chinese Ministry of Industry and Information Technology. On this news, the price of Alibaba’s American Depositary Shares (“ADSs”) declined nearly 4%, according to the complaint.

On June 24, 2026, shortly before the markets closed, Bloomberg published an article titled “Anthropic Accuses Alibaba of ‘Illicitly’ Accessing AI Models.” According to the complaint, the article stated in part that “Anthropic said that a campaign by operators linked to Alibaba’s Qwen AI lab targeted Claude’s most prized capabilities, including software engineering and agentic reasoning, according to a letter that the AI startup sent to several US senators and White House officials.” The article allegedly also added that “Anthropic warned that Alibaba and other Chinese labs are making systematic and unauthorized use of results from leading US models to develop a rival generation of chatbots at a fraction of the cost via a practice known as adversarial distillation.” On this news, the price of Alibaba’s ADSs fell 2.7% on June 24, 2026, and 4.7% further on June 25, 2026, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Alibaba publicly traded securities during the Class Period to seek appointment as lead plaintiff in the Alibaba class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Alibaba class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Alibaba class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Alibaba class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 
Services may be performed by attorneys in any of our offices. 

Contact:
        Robbins Geller Rudman & Dowd LLP
        Ken Dolitsky
        Michael Albert
        655 W. Broadway, Suite 1900, San Diego, CA 92101
        800/851-7783
        [email protected]

New York, New York--(Newsfile Corp. - October 1, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Alibaba Group Holding Limited ("Alibaba" or the "Company") (NYSE: BABA) on behalf of investors that purchased or otherwise acquired Alibaba securities between June 26, 2025 and June 24, 2026 (the "Class Period").

CLICK HERE TO JOIN THE CASE

If you are an investor in Alibaba and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than October 5, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

On June 8, 2026, after market hours, the complaint alleges that the U.S. Department of Defense released an updated list identifying Chinese military companies, and that Alibaba was included in the list due to its direct or indirect control by or affiliation with the Chinese Ministry of Industry and Information Technology (MIIT).

Then, on June 24, 2026, the complaint alleges Bloomberg published an article titled "Anthropic Accuses Alibaba of 'Illicitly' Accessing AI Models." According to the complaint, the article states, in pertinent part, that "Anthropic PBC accused Chinese technology giant Alibaba Group Holding Ltd. of waging a large-scale effort to "illicitly" access its Claude artificial intelligence model using thousands of fraudulent accounts that undermine the US AI developer's decision to keep its products out of China." On this news, Alibaba shares fell $7.53 per share, or 7.4% over two trading days to close at $95.07 per share on June 25, 2026.

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/alibaba-group-holding-limited-investor-alert-learn-more-now/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316931

Source: Kaplan Fox & Kilsheimer LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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Alibaba is emerging as a major custom silicon and AI chip producer with the launch of its Zhenwu V900 AI accelerator. BABA's in-house chip development strengthens China's independence from foreign imports and positions the company to gain market share in custom chip manufacturing. The cloud segment, fueled by proprietary chips and generative AI models, is outpacing e-commerce and could accelerate overall growth.

Important Notice Regarding Alleged Chinese Military Company Classification Disclosure Failures — Alibaba investors saw BABA fall from a Class Period high of $173.68 to $95.07, a decline of approximately 45%.

, /PRNewswire/ -- SueWallSt notifies investors in Alibaba Group Holding Limited (NYSE: BABA) that a class action lawsuit has been filed on behalf of shareholders who purchased securities between June 26, 2025 and June 24, 2026. Find out if you could qualify to recover your losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.

BABA American Depositary Shares traded as high as $173.68 on October 9, 2025 and closed at $95.07 on June 25, 2026, a decline of $78.61 per share, or approximately 45.26%. Shares fell $4.69, or roughly 3.9%, over two trading days ending June 10, 2026, following the U.S. Department of Defense's updated list of Chinese military companies.

The Alleged NDAA Classification Disclosure Failure

The National Defense Authorization Act for fiscal year 2025 defines a "Chinese military company" to include any entity directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology. According to the lawsuit, Alibaba's own annual report disclosures acknowledged that its online and mobile commerce operations require an MIIT operating license, yet the Company allegedly never warned shareholders that this affiliation could place it within the statutory definition.

Key NDAA Classification Allegations for Shareholders

The complaint alleges that entities affiliated with the MIIT fell within the FY2025 NDAA definition of a Chinese military company under Section 1260H(g)(2). The lawsuit contends Alibaba was directly or indirectly affiliated with the MIIT through its telecommunications licensing requirements. Class Period risk disclosures allegedly identified other Chinese issuers delisted from the NYSE over military-ownership designations, while omitting the Company's own exposure. On June 8, 2026, after market hours, the Department of Defense published an updated list of Chinese military companies that included Alibaba. The lawsuit contends that the resulting price decline reflected the correction of prior alleged misstatements and omissions. "This case presents important questions about disclosure obligations in the technology sector when a company's own regulatory relationships may trigger U.S. national security designations. The complaint alleges shareholders were told about designation risks facing peer companies while the Company's own alleged exposure went undisclosed." -- Joseph E. Levi, Esq.

Why the Designation Allegedly Mattered to Investors

U.S. executive orders since 2020 have restricted investment by U.S. persons in publicly traded securities of certain Chinese issuers deemed owned or controlled by the Chinese military. The complaint alleges that this regulatory framework made the Company's potential status a material fact for anyone purchasing BABA securities during the Class Period.

Submit your information here or call (888) SueWallSt.

WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

Frequently Asked Questions About the BABA Lawsuit

Q: What is the BABA class action lawsuit about? A: A securities class action has been filed against Alibaba Group Holding Limited (NYSE: BABA) alleging materially false and misleading statements between June 26, 2025 and June 24, 2026. Shares fell approximately 45.26% from their Class Period high after disclosures regarding Alibaba's inclusion on the U.S. Department of Defense list of Chinese military companies and allegations that it illicitly accessed Anthropic's Claude AI model. Investors who purchased shares during the Class Period and suffered losses may be eligible to seek compensation.

Q: Who is eligible to join the BABA investor lawsuit? A: Investors who purchased BABA stock or securities between June 26, 2025 and June 24, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.

Q: What specific misstatements does the BABA lawsuit allege? A: The complaint alleges Alibaba made materially false or misleading statements regarding its affiliation with the Chinese Ministry of Industry and Information Technology and its AI development practices, including characterizing unauthorized distillation of third-party models as hypothetical or inadvertent.

Q: What do BABA investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as an absent class member.

Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.

Q: What if I already sold my BABA shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate.

Q: What does it cost me to participate? A: There is no upfront cost to contact the firm. Securities class actions are generally handled on a pure contingency basis, with no retainer and no out-of-pocket costs. Any attorneys' fees and expenses awarded to class counsel are subject to court approval.

Q: What if I live outside the United States? A: U.S. securities class actions generally cover purchases on U.S. exchanges regardless of the investor's country of residence.

Applications to serve as lead plaintiff must be filed by October 5, 2026.

CONTACT:\

Levi & Korsinsky, LLP\

Joseph E. Levi, Esq.\

33 Whitehall Street, 27th Floor\

New York, NY 10004\

[email protected]\

Tel: (888) SueWallSt\

Fax: (212) 363-7171

Attorney Advertising. Prior results do not guarantee similar outcomes.

SOURCE SueWallSt.com

MONDAY BABA DEADLINE: Alibaba Group Holding Limited Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP AnnouncesPR Newswire

SAN DIEGO, Sept. 30, 2026

, /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Alibaba Group Holding Limited (NYSE: BABA) publicly traded securities between June 26, 2025 and June 24, 2026, inclusive (the "Class Period"), have until this Monday, October 5, 2026 to seek appointment as lead plaintiff of the Alibaba class action lawsuit. Captioned Wistisen v. Alibaba Group Holding Limited, No. 26-cv-06654 (S.D.N.Y.), the Alibaba class action lawsuit charges Alibaba and Alibaba's Chief Executive Officer with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Alibaba class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-alibaba-group-holding-limited-class-action-lawsuit-baba.html

You can also contact Robbins Geller attorneys Ken Dolitsky or Michael Albert by calling 800/851-7783 or via e-mail at [email protected].

CASE ALLEGATIONS: Alibaba, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses.

The Alibaba class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) under the National Defense Authorization Act, any entities directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology were considered a Chinese military company; (ii) Alibaba was directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology; (iii) the risk of Alibaba carrying out distillation attacks against third-party AI models was not a mere hypothetical or inadvertent, but ongoing; and (iv) as a result, defendants' public statements about Alibaba's business, operations, and prospects were materially false and/or misleading at all relevant times.

On June 8, 2026, after market hours, the U.S. Department of Defense allegedly released an updated list identifying Chinese military companies that included Alibaba due to its direct or indirect control by or affiliation with the Chinese Ministry of Industry and Information Technology. On this news, the price of Alibaba's American Depositary Shares ("ADSs") declined nearly 4%, according to the complaint.

On June 24, 2026, shortly before the markets closed, Bloomberg published an article titled "Anthropic Accuses Alibaba of 'Illicitly' Accessing AI Models." According to the complaint, the article stated in part that "Anthropic said that a campaign by operators linked to Alibaba's Qwen AI lab targeted Claude's most prized capabilities, including software engineering and agentic reasoning, according to a letter that the AI startup sent to several US senators and White House officials." The article allegedly also added that "Anthropic warned that Alibaba and other Chinese labs are making systematic and unauthorized use of results from leading US models to develop a rival generation of chatbots at a fraction of the cost via a practice known as adversarial distillation." On this news, the price of Alibaba's ADSs fell 2.7% on June 24, 2026, and 4.7% further on June 25, 2026, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Alibaba publicly traded securities during the Class Period to seek appointment as lead plaintiff in the Alibaba class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Alibaba class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Alibaba class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Alibaba class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.

Services may be performed by attorneys in any of our offices.

Contact:

Robbins Geller Rudman & Dowd LLP

Ken Dolitsky

Michael Albert

655 W. Broadway, Suite 1900, San Diego, CA 92101

800/851-7783

[email protected]

View original content to download multimedia:https://www.prnewswire.com/news-releases/monday-baba-deadline-alibaba-group-holding-limited-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-robbins-geller-rudman--dowd-llp-announces-302893967.html

SOURCE Robbins Geller Rudman & Dowd LLP

, /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Alibaba Group Holding Limited (NYSE: BABA) publicly traded securities between June 26, 2025 and June 24, 2026, inclusive (the "Class Period"), have until this Monday, October 5, 2026 to seek appointment as lead plaintiff of the Alibaba class action lawsuit.  Captioned Wistisen v. Alibaba Group Holding Limited, No. 26-cv-06654 (S.D.N.Y.), the Alibaba class action lawsuit charges Alibaba and Alibaba's Chief Executive Officer with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Alibaba class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-alibaba-group-holding-limited-class-action-lawsuit-baba.html 

You can also contact Robbins Geller attorneys Ken Dolitsky or Michael Albert by calling 800/851-7783 or via e-mail at [email protected].

CASE ALLEGATIONS: Alibaba, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses.

The Alibaba class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i)  under the National Defense Authorization Act, any entities directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology were considered a Chinese military company; (ii) Alibaba was directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology; (iii) the risk of Alibaba carrying out distillation attacks against third-party AI models was not a mere hypothetical or inadvertent, but ongoing; and (iv) as a result, defendants' public statements about Alibaba's business, operations, and prospects were materially false and/or misleading at all relevant times.

On June 8, 2026, after market hours, the U.S. Department of Defense allegedly released an updated list identifying Chinese military companies that included Alibaba due to its direct or indirect control by or affiliation with the Chinese Ministry of Industry and Information Technology.  On this news, the price of Alibaba's American Depositary Shares ("ADSs") declined nearly 4%, according to the complaint.

On June 24, 2026, shortly before the markets closed, Bloomberg published an article titled "Anthropic Accuses Alibaba of 'Illicitly' Accessing AI Models."  According to the complaint, the article stated in part that "Anthropic said that a campaign by operators linked to Alibaba's Qwen AI lab targeted Claude's most prized capabilities, including software engineering and agentic reasoning, according to a letter that the AI startup sent to several US senators and White House officials."  The article allegedly also added that "Anthropic warned that Alibaba and other Chinese labs are making systematic and unauthorized use of results from leading US models to develop a rival generation of chatbots at a fraction of the cost via a practice known as adversarial distillation."  On this news, the price of Alibaba's ADSs fell 2.7% on June 24, 2026, and 4.7% further on June 25, 2026, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Alibaba publicly traded securities during the Class Period to seek appointment as lead plaintiff in the Alibaba class action lawsuit.  A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.  A lead plaintiff acts on behalf of all other class members in directing the Alibaba class action lawsuit.  The lead plaintiff can select a law firm of its choice to litigate the Alibaba class action lawsuit.  An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Alibaba class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation.  Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025.  This marks our fourth #1 ranking in the past five years.  And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm.  With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.  Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 

Services may be performed by attorneys in any of our offices. 

Contact:

          Robbins Geller Rudman & Dowd LLP

          Ken Dolitsky

          Michael Albert

          655 W. Broadway, Suite 1900, San Diego, CA 92101

          800/851-7783

          [email protected] 

SOURCE Robbins Geller Rudman & Dowd LLP

Market Reaction Focus: Alibaba ADSs repriced across three separate trading sessions in June 2026 as a U.S. Department of Defense designation and allegations of unauthorized AI "distillation" reached the market, in a period the complaint alleges followed materially misleading disclosures.

, /PRNewswire/ -- Levi & Korsinsky, LLP alerts investors in Alibaba Group Holding Limited (NYSE: BABA) that a securities class action is pending on behalf of purchasers of Alibaba securities between June 26, 2025 and June 24, 2026. Find out if you may qualify to recover losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.

BABA ADSs fell $4.69 (approximately 3.9%) over two sessions to close at $115.38, then $2.80 (2.7%) to $99.80, then $4.73 (4.7%) to $95.07, a cumulative decline of roughly 45% from the Class Period high of $173.68 recorded on October 9, 2025. Investors have until October 5, 2026 to seek lead plaintiff status.

How the Market Repriced BABA in June 2026

After the close on June 8, 2026, the U.S. Department of Defense published an updated list of Chinese military companies that included Alibaba, based on affiliation with the Chinese Ministry of Industry and Information Technology. The pleading asserts that the Company's prior risk disclosures identified other Chinese issuers affected by U.S. restrictions while omitting that Alibaba itself met the statutory definition under the FY2025 NDAA.

Shortly before the close on June 24, 2026, Bloomberg reported that Anthropic PBC accused Alibaba of illicitly accessing its Claude AI model. Selling pressure carried into the following session.

Trading Impact by the Numbers

Class Period high: $173.68 per ADS on October 9, 2025 June 8, 2026 designation: $4.69 decline (approximately 3.9%) to $115.38 by June 10, 2026 June 24, 2026 Bloomberg report: $2.80 decline (2.7%) to $99.80 June 25, 2026 follow-through: $4.73 decline (4.7%) to $95.07 Cumulative decline from the Class Period high: approximately $78.61 per ADS, or about 45% Reported scope of the alleged campaign: 28.8 million exchanges and roughly 25,000 fraudulent accounts What the Complaint Charges About the Disclosures

As averred in the action, annual report language describing "unauthorized distillation of third-party models" as a perceived or alleged risk was misleading because the practice was allegedly already underway. The complaint charges that Alibaba securities traded at artificially inflated prices until these matters reached the market.

"Corporate officers have a duty to ensure their companies' public statements are accurate and complete. Here, the complaint alleges that Alibaba's filings flagged U.S. restrictions on Chinese military companies without disclosing that Alibaba itself allegedly fell within that classification." -- Joseph E. Levi, Esq.

Submit your information here or call (212) 363-7500.

Levi & Korsinsky, LLP is a nationally recognized shareholder rights firm. Over the past 20 years, the firm has secured hundreds of millions of dollars for aggrieved shareholders. Ranked in ISS Top 50 for seven consecutive years.

Frequently Asked Questions About the BABA Lawsuit

Q: How much did BABA stock drop? A: Shares declined across three sessions in June 2026, closing at $95.07 on June 25, 2026, approximately 45% below the Class Period high of $173.68. Investors who purchased during the Class Period at allegedly inflated prices and suffered losses may be eligible to seek compensation.

Q: When did Alibaba allegedly mislead investors? A: The Class Period runs from June 26, 2025 to June 24, 2026. The complaint alleges that corrective disclosures, including the Department of Defense designation and the Anthropic allegations, revealed information that caused significant declines.

Q: What court was the BABA class action filed in? A: The case was filed in the United States District Court for the Southern District of New York, governed by the Private Securities Litigation Reform Act of 1995.

Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class, typically the investor with the largest documented losses. Appointment does not increase individual recovery but provides direct oversight of the litigation.

Q: What do BABA investors need to do right now? A: Gather brokerage records showing purchase dates, share quantities, and prices paid, then contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as an absent class member.

Q: What if I already sold my BABA shares? A: Eligibility is based on when you purchased, not whether you still hold the ADSs. Investors who bought during the Class Period and sold at a loss may still be eligible to participate.

Q: What does it cost me to participate? A: There is no upfront cost to contact the firm. Securities class actions are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

Q: What if I live outside the United States? A: U.S. securities class actions generally cover purchases on U.S. exchanges, including NYSE-listed ADSs, regardless of the investor's country of residence.

CONTACT:\
Levi & Korsinsky, LLP\
Joseph E. Levi, Esq.\
Ed Korsinsky, Esq.\
33 Whitehall Street, 27th Floor\
New York, NY 10004\
[email protected]\
Tel: (212) 363-7500\
Fax: (212) 363-7171

Attorney Advertising. Prior results do not guarantee similar outcomes.

SOURCE Levi & Korsinsky, LLP

SAN FRANCISCO, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP urges Alibaba Group Holding Limited (NYSE: BABA) investors who suffered substantial losses submit their losses now.

A securities fraud class action lawsuit has been filed against Alibaba, and investors are encouraged to contact the firm regarding potential recoveries and lead plaintiff rights. The case, captioned Wistisen v. Alibaba Group Holding Limited, et al., No. 1:26-cv-06654 (S.D.N.Y.), accuses Alibaba and certain of its executive officers of violating the Securities Exchange Act of 1934.

Class Period: June 26, 2025 – June 24, 2026
Lead Plaintiff Deadline: Oct. 5, 2026
Visit: www.hbsslaw.com/baba
Contact the Firm Now: [email protected]
                                          844-916-0895

Video: www.youtube.com/watch?v=Mt00-HjZs8U
Blog: www.hbsslaw.com/blog/alibabas-alleged-ai-securities-fraud

Core Allegations

The lawsuit alleges that Alibaba and certain executives misrepresented and failed to disclose adverse facts pertaining to the Company’s business which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that:

Under the National Defense Authorization Act (NDAA), any entities directly or indirectly controlled by or affiliated with the Chinese Ministry of Industry and Information Technology (MIIT) were considered a Chinese military company;Alibaba was directly or indirectly controlled by or affiliated with the MIIT;The risk of Alibaba carrying out distillation attacks against third- party AI models was not a mere hypothetical or inadvertent, but ongoing; andAs a result, Defendants’ public statements about Alibaba’s business, operations, and prospects were materially false and/or misleading at all relevant times. The Truth Emerges

The truth regarding Alibaba’s regulatory exposure and illicit business practices was revealed through a series of partial corrective disclosures:

June 8, 2026: The U.S. Department of Defense added Alibaba to its list of Chinese military companies under the NDAA due to its ties to the MIIT. On this news, Alibaba ADSs fell $4.69 per share, or 3.9%, over two trading sessions.June 24, 2026: Bloomberg reported that Anthropic alerted U.S. officials that Alibaba fraudulently accessed Anthropic’s Claude AI models via thousands of fake accounts to execute unauthorized "distillation" attacks to train its own models. On this news, Alibaba ADSs fell $4.73 per share, or 4.7%, to close at $95.07 on June 25, 2026. The complaint alleges that as a result of Defendants' misleading statements and omissions, investors suffered substantial losses when the artificial inflation was removed from the stock.

Hagens Berman’s Investigation

Read Hagens Berman's detailed analysis on the alleged AI securities fraud by Alibaba, including claims that the company misled shareholders about its artificial intelligence capabilities while secretly conducting a massive industrial espionage campaign to close the gap.

“We are investigating whether Alibaba executives intentionally concealed the company’s regulatory ties and engaged in fraudulent operational practices to mislead the market about its true risk profile and competitive position,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation of the alleged claims in the pending suit.

What Affected BABA Investors Should Do
If you purchased or acquired Alibaba securities between June 26, 2025, and June 24, 2026, and suffered significant financial losses, you have until October 5, 2026, to ask the court to appoint you as lead plaintiff. You do not need to seek lead plaintiff status to share in any potential recovery.

To learn more about your legal options, submit your information to Hagens Berman, visit www.hbsslaw.com/baba, call Reed Kathrein at 844-916-0895, or email [email protected].

Whistleblowers: Persons with non-public information regarding Alibaba should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

Contact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley, CA 94710, 844-916-0895, [email protected]

A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/87e344f8-5fdb-4e96-94bc-c4f94ddfb601

Alibaba (BABA) Securities Class Action Filed - Oct. 5, 2026 Lead Plaintiff Deadline - Investor Alert A securities fraud #classactionlawsuit has been filed against #Alibaba, and investors are encouraged...