Morgan Stanley sees Alibaba Cloud leading cloud market-share gains
Morgan Stanley expects Alibaba Cloud to be the largest gainer of cloud market share and to remain a key catalyst for Alibaba Group’s stock. The bank identifies Alibaba as its top pick in the sector. Morgan Stanley forecasts Alibaba Cloud revenue will grow 45% and accelerate in the first quarter of fiscal 2027. It also expects the cloud business’s profit margin to expand to 11%. The bank rates Alibaba overweight and assigns the company a target price of $180.
Morgan Stanley expects Alibaba Cloud to be the largest gainer of cloud market share and to remain a key catalyst for Alibaba Group’s stock. The bank identifies Alibaba as its top pick in the sector.
Morgan Stanley forecasts Alibaba Cloud revenue will grow 45% and accelerate in the first quarter of fiscal 2027. It also expects the cloud business’s profit margin to expand to 11%.
The bank rates Alibaba overweight and assigns the company a target price of $180.
Morgan Stanley forecasts Alibaba Cloud revenue will grow 45% and accelerate in the first quarter of fiscal 2027. It also expects the cloud business’s profit margin to expand to 11%.
The bank rates Alibaba overweight and assigns the company a target price of $180.