Global-E Online (GLBE) Expected to Announce Earnings on Wednesday

Global-E Online (NASDAQ:GLBE - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Wednesday, May 14th. Analysts expect the company to announce 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.02. The firm had revenue of $262.91 million for the quarter, compared to the consensus estimate of $250.96 million. Global-E Online had a negative net margin of 10.04% and a negative return on equity of 8.56%. The company's revenue for the quarter was up 41.8% on a year-over-year basis. During the same period in the prior 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 Stock Performance

Global-E Online stock traded up $0.21 during midday trading on Friday, reaching $37.74. 1,249,171 shares of the stock were exchanged, compared to its average volume of 1,393,473. Global-E Online has a 52 week low of $26.64 and a 52 week high of $63.69. The firm has a market cap of $6.38 billion, a PE ratio of -85.77, a PEG ratio of 4.61 and a beta of 1.36. The company's fifty day moving average is $35.51 and its 200-day moving average is $45.79.

Analyst Ratings Changes

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