Alibaba is one of the largest and most successful e-commerce companies in the world. The company has been growing rapidly in recent years, and its stock price has reflected this growth. However, Alibaba’s stock price has fallen sharply in recent months, due to a number of factors, including the ongoing trade war between the US and China, the slowdown in the Chinese economy, and regulatory headwinds.

What to expect from Alibaba stock in 2024?

Analysts are divided on what to expect from Alibaba stock in 2024. Some analysts believe that the stock is undervalued and that it is a good time to buy. Other analysts believe that the stock is still overvalued and that there is further downside risk.

Here are some of the factors that will likely impact Alibaba stock in 2024:

The trade war between the US and China: The trade war has had a negative impact on Alibaba’s business. The company has been hit with tariffs on its exports to the US, and the slowdown in the Chinese economy has also hurt its business. If the trade war is resolved in 2024, it would be a positive for Alibaba stock. However, if the trade war continues, it would be a negative for the stock.
The slowdown in the Chinese economy: The Chinese economy is slowing down, and this is having a negative impact on Alibaba’s business. The company is seeing a slowdown in revenue growth and profit growth. If the Chinese economy continues to slow down in 2024, it would be a negative for Alibaba stock. However, if the Chinese economy recovers in 2024, it would be a positive for the stock.
Regulatory headwinds: Alibaba is facing a number of regulatory headwinds in China. The Chinese government is cracking down on big tech companies, and Alibaba has been one of the targets of this crackdown. If the Chinese government continues to crack down on big tech companies in 2024, it would be a negative for Alibaba stock. However, if the Chinese government eases its crackdown on big tech companies, it would be a positive for the stock.
Overall, Alibaba stock is a risky investment. The company is facing a number of challenges, but it also has a number of strengths. Investors should carefully consider the risks and rewards before making a decision about whether or not to buy Alibaba stock.

Here are some additional thoughts on Alibaba stock in 2024:

Alibaba is still the dominant e-commerce player in China. The company has a market share of over 50% of the Chinese e-commerce market. This gives Alibaba a significant advantage over its competitors.
Alibaba is investing heavily in new technologies, such as cloud computing and artificial intelligence. These investments could help Alibaba to maintain its dominance in the Chinese e-commerce market and to expand into new markets.
Alibaba is also expanding internationally. The company has been investing in its international businesses, such as AliExpress and Lazada. This expansion could help Alibaba to reduce its reliance on the Chinese market and to grow its revenue and profits in the long term.
Overall, Alibaba stock is a risky investment, but it also has a number of potential upside catalysts. Investors should carefully consider the risks and rewards before making a decision about whether or not to buy Alibaba stock.