Global-E Online (GLBE) Projected to Post Earnings on Wednesday

Global-E Online (NASDAQ:GLBE - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 14th. Analysts expect Global-E Online to post earnings of ($0.14) per share and revenue of $187.84 million for the quarter. Global-E Online has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Global-E Online (NASDAQ:GLBE - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.02. The company had revenue of $262.91 million during the quarter, compared to analyst estimates of $250.96 million. Global-E Online had a negative return on equity of 8.56% and a negative net margin of 10.04%. The firm's revenue was up 41.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.22 earnings per share. On average, analysts expect Global-E Online to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Global-E Online Trading Up 8.7%

Global-E Online stock traded up $3.29 on Monday, hitting $41.12. 1,598,848 shares of the stock traded hands, compared to its average volume of 1,393,999. The firm has a market cap of $6.95 billion, a P/E ratio of -93.15, a price-to-earnings-growth ratio of 4.61 and a beta of 1.36. The business's fifty day simple moving average is $35.51 and its 200 day simple moving average is $45.90. Global-E Online has a 1 year low of $26.64 and a 1 year high of $63.69.

Analyst Ratings Changes

A number of research firms recently commented on GLBE. Morgan Stanley raised Global-E Online from an "equal weight" rating to an "overweight" rating and lowered their price target for the stock from $55.00 to $46.00 in a report on Wednesday, March 26th. The Goldman Sachs Group cut their price objective on Global-E Online from $59.00 to $47.00 and set a "buy" rating on the stock in a research report on Wednesday, April 2nd. Wells Fargo & Company dropped their price target on Global-E Online from $60.00 to $54.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 5th. Needham & Company LLC decreased their price objective on Global-E Online from $64.00 to $40.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Finally, Benchmark decreased their price target on Global-E Online from $68.00 to $64.00 and set a "buy" rating for the company in a research note on Thursday, February 20th. Twelve research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $51.33.

About Global-E Online

Global-E Online Ltd., together with its subsidiaries, provides a platform to enable and accelerate direct-to-consumer cross-border e-commerce in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online and merchants to sell from, and to, worldwide.