When did Alibaba (Baba) stock open?

Alibaba (BABA) stock opened on 1st January 2015 at $104.24, reached a high price of $105.34 and closed at $89.08. By 30th June, the stock opened at $82.60, reached a high price of $85.38, and closed at $78.34. On 1st December 2015, Alibaba (BABA) stock opened at $83.77, reached a high price of $85.82 and closed at $81.27.

When will Alibaba (Baba) stock reach $400 per share?

The stock is expected to gain more towards the end of the year and reach $396. 2030 could be the year the Alibaba (BABA) stock reaches $400 per share. This is actually expected to happen within the first six months of the year. The BABA stock price could be $405 by mid-2030. By the end of the year, Alibaba could rise further to $414.

Should you buy Alibaba (Baba) stock?

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Alibaba’s deepening focus on this promising technology is likely to boost its prospects, helping it win investors’ confidence. Notably, BABA has gained 16.7% in the year-to-date period, outperforming the industry’s growth of 15.1%.