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The "ET stock price today forecast" remains steady despite broader market choppiness, with a consensus target price holding at $20.00 over the next two weeks, driven by anticipated midstream expansion projects and positive cash flow outlooks. On Monday, analysts at Wall Street banks Morgan Stanley and Jefferies raised their price targets on Alibaba. Morgan Stanley's Alibaba analyst team raised its target from $165 to $200, largely on the back of increased cloud computing growth. The analysts now actually see cloud growth accelerating 32% in fiscal 2026 and 40% in 2027. For reference, last quarter Alibaba grew its cloud revenue 26%, which was already an accelerating figure. © MarketBeat Media, LLC 2010-2025. All rights reserved. Long-term charts for the "ET stock price today forecast" still point to bullish bias, with projected 12-month price targets ranging between $21.50 and $22.10 if capital expenditure plans are executed as scheduled.
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Et Stock Price Today Forecast AI chip demand is still booming, especially in data centers and model training. As long as the AI wave continues, the stock has solid long-term upside potential.
The valuation looks high, but Et Stock Price Today Forecast earnings growth seems to justify it. Short-term volatility aside, I’m still bullish in the long run.
The market might have priced in too much future growth already. Et Stock Price Today Forecast stock could face some short-term correction after such a strong rally.
With the next-gen GPU lineup performing exceptionally well, continued enterprise demand could push Et Stock Price Today Forecast to new all-time highs next year.
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