While Alibaba (BABA) stock has rebounded from its 2026 lows, shares are still down more than 22% for the year. In late June, I previously noted that BABA stock was a “buy” as it drifted toward its 52-week lows. BABA stock subsequently went on to hit a fresh 52-week low of $91.99 on June 26, but it has since recovered to levels higher than when I last reported on shares, climbing an exceptional 11% on July 8 alone.
Let's take a look at whether BABA stock can continue its rise in 2026 after its mammoth rally earlier this week.