Alibaba Group Holding Limited introduced a new artificial intelligence service for restaurants on January 5, 2026. The feature, available through its Amap application, allows businesses to create three-dimensional interior renderings by uploading videos or images.
The company is offering this service at no cost for a limited period. It utilizes Alibaba's visual WAN model. This move positions Alibaba to compete more directly with Meituan in China's food and dining market.
Wall Street analysts have expressed continued confidence in the stock. As of January 12, 2026, 85% of analysts hold a bullish view. The consensus price target stands at $196.99, suggesting a potential 31.50% increase.
Morgan Stanley reiterated an 'Overweight' rating on January 8, 2026, though it lowered its price target from $200 to $180. The firm cited a weaker outlook for core e-commerce, anticipating high consumption levels in the first half of 2027.
Also on January 8, Jefferies reaffirmed a 'Buy' rating. It reduced its price target from $231 to $225. Jefferies noted strong performance in Quick Commerce and accelerating cloud revenue driven by artificial intelligence demand.
Both firms acknowledged the company's role as a leading AI enabler in China. They pointed to short-term pressures on traditional retail segments.
Alibaba Group Holding Limited focuses on technology infrastructure and digital platforms. Its operations span commerce, cloud computing, local services, logistics, and AI solutions.