Wall Street Can’t Get Enough of Alibaba Stock. Should You Buy BABA Here?

Wall Street analysts have grown more optimistic on Alibaba Group (BABA), betting on its cloud and AI momentum. This week, Morgan Stanley raised its 12-month price target from $165 to $200, citing strength in its cloud business and AI investments. The broader tech market has also been electrified by speculative bursts; for instance, Wolfspeed (WOLF) shares briefly spiked over 1,000% intraday following a Chapter 11 restructuring and reincorporation, a reminder of how risk-on sentiment can sweep through sectors and amplify interest in high-growth names like Alibaba.

Morgan Stanley also sees Alibaba expanding data centers in Brazil, France, and the Netherlands; collaborating with Nvidia on “physical AI”; and rolling out its Qwen3-Max AI model (over one trillion parameters). In short, analysts cite accelerating cloud sales, higher capital expenditure, and global AI strategy as reasons for the upgrade.