On May 13, Alibaba fell 3.13% in pre-market trading, trading at $129.82/share, with pre-market trading volume of approximately $84.86 million. The decline came immediately following the release of its fiscal year 2026 fourth-quarter earnings report.
According to the earnings release, Alibaba reported Q4 revenue of RMB 243.38 billion, up 3% year-over-year, falling short of the market consensus estimate of RMB 246.5 billion and landing near the lower end of the broker forecast range of RMB 241.1–248.5 billion. Net profit, however, surged to RMB 25.476 billion, more than doubling from RMB 12.382 billion in the same period last year. Prior to the report, analysts had widely anticipated a sharp decline in adjusted net profit — with consensus at RMB 14.4 billion, down roughly 52% year-over-year — largely due to heavy capital expenditure in instant retail and AI large language model initiatives. The stronger-than-expected GAAP profit figure contrasts with the revenue miss, suggesting the market is weighing top-line growth shortfalls more heavily amid ongoing concerns over the return on Alibaba's aggressive investment cycle.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
