BABA
Alibaba Group Holding Limited
BABA has the edge over BALY overall, supported by lower modeled downside.
BALY
Bally's Corporation
BALY offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
BABA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Weak | |
| Healthy |
BABA's balance sheet is currently healthy, and its revenue is stable, but its profitability and cash flow are under pressure.
BALY Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Weak |
BALY's revenue is currently strong, but its profitability, cash flow and balance sheet are under pressure.
BABA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $69.66 | -26% |
| Fair | 20x | $86.59 | -8.2% |
| Current | 21x | $94.36 | — |
| Expensive | 26x | $115 | +22% |
Historical ranges are pointers, not guarantees.
BABA's PE is 21x, but its earnings don't support one, so it isn't a reliable read right now.
BALY PE Valuation
BALY has no meaningful PE right now: it lost money over the past year.
BABA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
BABA has the edge over BALY on the outlook, with more favorable earnings and profitability expectations.
BALY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect BALY's losses to grow, with revenue growing.
BABA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $4.42 | -52% |
| Q1 2026 | $6.57 | -18% |
| Q4 2025 | $5.79 | -22% |
| Q3 2025 | $7.85 | +49% |
| Q2 2025 | $9.27 | +116% |
| Q1 2025 | $8.06 | +71% |
| Q4 2024 | $7.47 | +24% |
| Q3 2024 | $5.26 | -35% |
BABA has the edge over BALY on earnings quality, reporting a profit while its opponent remains loss making.
BALY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$12.64 | -$2.59 |
| Q1 2026 | -$13.99 | -$6.46 |
| Q4 2025 | -$10.73 | +$0.98 |
| Q3 2025 | -$6.65 | +$8.42 |
| Q2 2025 | -$10.05 | +$1.07 |
| Q1 2025 | -$7.53 | +$2.83 |
| Q4 2024 | -$11.71 | -$8.20 |
| Q3 2024 | -$15.07 | -$8.34 |
BALY is still losing money, but less than at its worst: $12.64 per share over the past year, against $15.07 at its worst in late 2024.
BABA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $40.2B | +8.3% |
| Q1 2026 | $36.5B | +2.9% |
| Q4 2025 | $42.7B | +1.7% |
| Q3 2025 | $37.2B | +4.8% |
| Q2 2025 | $37.2B | +1.8% |
| Q1 2025 | $35.5B | +6.6% |
| Q4 2024 | $42B | +7.6% |
| Q3 2024 | $35.5B | +5.2% |
BABA's revenue has grown year over year for 16 quarters in a row: $40.2B last quarter, up 8.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 7.2% | -6.9 points |
| Q1 2026 | -0.3% | -12 points |
| Q4 2025 | 7.1% | -7.6 points |
| Q3 2025 | 2.2% | -13 points |
| Q2 2025 | 14% | -0.7 points |
| Q1 2025 | 12% | +5.4 points |
| Q4 2024 | 15% | +6.1 points |
| Q3 2024 | 15% | 0 points |
BABA has the edge over BALY on profitability, with a higher operating margin.
BALY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $792.2M | +20% |
| Q1 2026 | $755.7M | +105% |
| Q4 2025 | $746.2M | +29% |
| Q3 2025 | $663.7M | +5.4% |
| Q2 2025 | $657.5M | +5.8% |
| Q1 2025 | $368.7M | -40% |
| Q4 2024 | $580.4M | -5.1% |
| Q3 2024 | $630M | -0.4% |
BALY's revenue has grown year over year for five quarters in a row: $792M last quarter, up 20% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -4.3% | -3.9 points |
| Q1 2026 | 12% | +13 points |
| Q4 2025 | -37% | -31 points |
| Q3 2025 | 0.1% | +25 points |
| Q2 2025 | -0.4% | -1.3 points |
| Q1 2025 | -0.5% | +12 points |
| Q4 2024 | -5.6% | +46 points |
| Q3 2024 | -25% | -31 points |
BALY's operating margin was −4.3% last quarter, down 3.9 points from the same quarter a year ago.
BABA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$6.7B | -$4.1B |
| Q1 2026 | -$2.7B | +$1.5B |
| Q4 2025 | $1B | -90% |
| Q3 2025 | -$3.2B | -254% |
| Q2 2025 | -$2.7B | -182% |
| Q1 2025 | -$4.2B | -12231% |
| Q4 2024 | $10.4B | -4.8% |
| Q3 2024 | $2.1B | -62% |
BABA's free cash flow has turned negative after years in the green: −$11.6B over the past year.
BALY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$156M | -$123.8M |
| Q1 2026 | -$183.9M | -1693% |
| Q4 2025 | -$18.9M | -$12.7M |
| Q3 2025 | -$139.3M | -$83.5M |
| Q2 2025 | -$32.2M | -372% |
| Q1 2025 | $11.5M | +$47.5M |
| Q4 2024 | -$6.2M | -125% |
| Q3 2024 | -$55.8M | +$36.5M |
BALY has the edge over BABA on cash flow, with more consistent year-over-year improvement.
BABA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +11.1M shares |
| 1 year | +0.9% | +21.4M shares |
| 3 years | -6.2% | -161M shares |
| 5 years | -12% | -339M shares |
| Available history | -8.4% | -221M shares |
BABA has 2.4B diluted shares, up 0.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $269.8M |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
BABA spent $270M buying back its own shares over the past year, after none the year before.
BALY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +340K shares |
| 1 year | -0.2% | -98K shares |
| 3 years | +10% | +5.5M shares |
| 5 years | +69% | +24.8M shares |
| Available history | +60% | +22.7M shares |
BALY has the edge over BABA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $416.2M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
BABA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | 0.1x | Very low |
| Q3 2024 | -0.2x | Net Cash |
BABA has the edge over BALY on leverage, with a lower net debt burden relative to earnings.
BALY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 28.0x | High |
| Q1 2026 | 24.2x | High |
| Q4 2025 | 240.2x | High |
| Q3 2025 | 15.9x | High |
| Q2 2025 | 51.6x | High |
| Q1 2025 | 40.0x | High |
| Q4 2024 | 26.0x | High |
| Q2 2024 | 39.9x | High |
BALY's net debt is more than 20 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
BABA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 12.7 | Oversold |
BABA's weekly RSI is 38 (neutral) and its Stochastic is 13 (oversold).
BALY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.9 | Neutral |
| Stochastic | 65.0 | Neutral |
BALY's weekly RSI is 45 (neutral) and its Stochastic is 65 (neutral).
BABA PE vs Consumer Cyclical Sector
| Metric | BABA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 18x | 19% above |
| PE % | 60 | 47 | 13 pts above |
BABA is trading at 21x earnings, a 19% premium to the Consumer Cyclical sector's median of 18x, though its earnings don't support one.
BALY PE vs Consumer Cyclical Sector
| Metric | BALY | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
BALY has no meaningful PE right now: it lost money over the past year.
BABA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $104.7 | 9.9% below |
| 20 week MA | $111.1 | 15% below |
| 50 week MA | $128.0 | 26% below |
| 100 week MA | $127.7 | 26% below |
| 200 week MA | $106.4 | 11% below |
BABA is in a downtrend: it's below all five of its weekly moving averages, and 11% below its 200-week average.
BALY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.3 | 13% below |
| 20 week MA | $12.6 | 8.2% below |
| 50 week MA | $13.5 | 15% below |
| 100 week MA | $13.6 | 15% below |
| 200 week MA | $14.2 | 19% below |
BALY is in a downtrend: it's below all five of its weekly moving averages, and 19% below its 200-week average.
BABA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $215.5 | $222.0 | +3% |
| 2021 | $222.0 | $118.7 | -47% |
| 2022 | $118.7 | $85.7 | -28% |
| 2023 | $85.7 | $77.5 | -9.5% |
| 2024 | $77.5 | $85.1 | +9.7% |
| 2025 | $85.1 | $152.2 | +79% |
| 2026 YTD | $152.2 | $94.4 | -38% |
BABA has finished lower in three of the last six years. It's down 38% so far in 2026.
BALY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.9 | $48.8 | +88% |
| 2021 | $48.8 | $37.5 | -23% |
| 2022 | $37.5 | $19.4 | -48% |
| 2023 | $19.4 | $13.9 | -28% |
| 2024 | $13.9 | $17.8 | +28% |
| 2025 | $17.8 | $17.8 | -0.4% |
| 2026 YTD | $17.8 | $11.5 | -35% |
BALY has the edge over BABA on returns for 2026, with the stronger performance.