Goldman Sachs maintains Alibaba at Buy with $177 PT on AI cloud growth

Alibaba: Alibaba Group is a major Chinese multinational technology company specializing in e-commerce, retail, internet services, cloud computing, and artificial intelligence. It operates Alibaba Cloud as a key growth area focused on AI infrastructure, models, and enterprise solutions. The firm is central to this news as Goldman Sachs highlights its AI leadership and cloud acceleration as reasons for maintaining a Buy rating. Goldman Sachs: Goldman Sachs is a leading global investment bank and financial services firm that provides equity research, analyst ratings, and price targets for major companies. In this development, the firm is issuing updated coverage on Alibaba, expressing continued bullishness tied to AI cloud prospects and earnings recovery. Analyst Support: Major investment banks continue to highlight Alibaba's cloud and AI strategy as a key positive factor supporting stock outlooks. AI Cloud Momentum: Alibaba Cloud has reported accelerating external revenue growth driven by increasing adoption of AI-related products and full-stack capabilities. Market Recognition: Alibaba Cloud has been positioned as a leader in AI cloud infrastructure and agentic AI platforms by recent industry analyses.