Daiwa Capital Markets projects $1.14 billion in short selling for Alibaba. The firm expects a short interest ratio of 18.06%. Daiwa anticipates modest Q4 2026 earnings for the company.

Narrowing quick commerce losses will offset slowing core business growth. Increased competition and market challenges drive this forecast.

Daiwa maintains a "Buy" rating on Alibaba. The firm sets a target price of HKD 192 for Hong Kong-listed shares. The U.S. stock target price stands at USD 196.

GuruFocus's GF Valueâ„¢ metric suggests the stock is overvalued. The current price sits at $128.01. The calculated fair value reaches $112.79.