Alibaba's Earnings Miss and Buyback Boost: Analysts' Forecasts and Growth Prospects

Alibaba Group Holding's third-quarter results fell short of analyst estimates, with revenues meeting predictions but statutory earnings missing by 62%. Analysts have adjusted their forecasts, predicting a 10% revenue improvement and a 24% increase in per-share earnings by 2025. Despite the earnings downgrade, the consensus price target remains at US$110, indicating stable stock price expectations. However, concerns arise as revenue growth is expected to slow down substantially, underperforming the wider industry. This suggests potential business headwinds for Alibaba Group Holding.