Alibaba Group Holding Limited ($BABA) has shown a notable increase in its stock price, rising approximately 4% in overnight trading and reaching over $142 in early trading on February 26, 2025. Analysts and traders have commented on the stock's performance, with some suggesting that the recent pullback to $128 provided a favorable entry point for investors. Despite concerns about the stock being overbought, there are indications of momentum and potential for a turnaround in Alibaba's business. The stock's strength and momentum are being highlighted as key factors in its recent performance, suggesting continued interest from investors.