NASDAQ:GLBE Global-e Online (GLBE) Stock Forecast, Price & News $32.20 -0.27 (-0.83%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$32.07▼$34.1450-Day Range$26.46▼$35.9452-Week Range$16.32▼$37.65Volume1.33 million shsAverage Volume1.47 million shsMarket Capitalization$5.19 billionP/E RatioN/ADividend YieldN/APrice Target$37.88 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Global-e Online MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside17.6% Upside$37.88 Price TargetShort InterestHealthy5.37% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.64Based on 30 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.99) to ($0.72) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.93 out of 5 starsRetail/Wholesale Sector135th out of 215 stocksPrepackaged Software Industry130th out of 217 stocks 2.5 Analyst's Opinion Consensus RatingGlobal-e Online has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.88, Global-e Online has a forecasted upside of 17.6% from its current price of $32.20.Amount of Analyst CoverageGlobal-e Online has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.37% of the float of Global-e Online has been sold short.Short Interest Ratio / Days to CoverGlobal-e Online has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Global-e Online has recently decreased by 4.14%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldGlobal-e Online does not currently pay a dividend.Dividend GrowthGlobal-e Online does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GLBE. Previous Next 3.1 News and Social Media Coverage News SentimentGlobal-e Online has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 30 news articles for Global-e Online this week, compared to 3 articles on an average week.Search Interest15 people have searched for GLBE on MarketBeat in the last 30 days. This is an increase of 36% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Global-e Online to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Global-e Online insiders have not sold or bought any company stock.Percentage Held by Insiders11.60% of the stock of Global-e Online is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions61.12% of the stock of Global-e Online is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Global-e Online are expected to grow in the coming year, from ($0.99) to ($0.72) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Global-e Online is -27.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Global-e Online is -27.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioGlobal-e Online has a P/B Ratio of 5.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Global-e Online (NASDAQ:GLBE) StockGlobal-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. Global-E Online Ltd. was incorporated in 2013 and is headquartered in Petah Tikva, Israel.Read More Receive GLBE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Global-e Online and its competitors with MarketBeat's FREE daily newsletter. Email Address GLBE Stock News HeadlinesMay 23, 2023 | marketbeat.com2 Tech Stocks With Upgrades and Positive Outlook (GLBE)These technology companies are harnessing the power of AI to help retailers gain efficiency and unlock sales globally. Analysts are upgrading them both.May 25, 2023 | finance.yahoo.com1 E-Commerce Stock I Like Better Than AmazonMay 28, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 25, 2023 | americanbankingnews.comGlobal-e Online (NASDAQ:GLBE) PT Raised to $40.00May 25, 2023 | americanbankingnews.comGlobal-e Online (NASDAQ:GLBE) PT Raised to $42.00 at Bank of AmericaMay 24, 2023 | msn.comB of A Securities Maintains Global E Online (GLBE) Buy RecommendationMay 24, 2023 | finance.yahoo.comAt US$32.80, Is Global-e Online Ltd. (NASDAQ:GLBE) Worth Looking At Closely?May 24, 2023 | finance.yahoo.comThe Best Stocks to Buy With $300 Right NowMay 28, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 24, 2023 | seekingalpha.comGlobal-e Online: Strong Q1 Results Despite Tough Consumer Trends, Monitoring Price LevelsMay 24, 2023 | finance.yahoo.comIs Global-e Online a Buy Now?May 23, 2023 | msn.comNeedham Reiterates Global E Online (GLBE) Buy RecommendationMay 23, 2023 | markets.businessinsider.comB of A Securities Maintains Buy Rating for Global E Online: Here's What You Need To KnowMay 23, 2023 | msn.comRiding the Cross-Border Commerce Wave: Analysts Bullish on Global E Online's Long-Term PotentialMay 23, 2023 | markets.businessinsider.comJMP Securities Sticks to Its Buy Rating for Global-e Online (GLBE)May 23, 2023 | americanbankingnews.comGlobal-e Online (NASDAQ:GLBE) Issues Earnings Results, Beats Expectations By $0.02 EPSMay 23, 2023 | markets.businessinsider.comGlobal-e Online (GLBE) Receives a Buy from Bank of America SecuritiesMay 23, 2023 | finance.yahoo.comQ1 2023 Global-E Online Ltd Earnings CallMay 22, 2023 | markets.businessinsider.comPiper Sandler Sticks to Its Buy Rating for Global-e Online (GLBE)May 22, 2023 | msn.comPiper Sandler Maintains Global E Online (GLBE) Overweight RecommendationMay 22, 2023 | msn.comGlobal-E Online 'Off To A Great Start,' CEO Says: Stock Drops Despite Q1 TriumphMay 22, 2023 | finance.yahoo.comGlobal-e Online (GLBE) Q1 2023 Earnings Call TranscriptMay 22, 2023 | msn.comGlobal E Online: Q1 Earnings InsightsMay 22, 2023 | msn.comGlobal-e Online trades lower after posting Q1 results, updating guidanceMay 22, 2023 | finance.yahoo.comGlobal-e Reports First Quarter 2023 ResultsMay 21, 2023 | americanbankingnews.comFinancial Comparison: Matterport (NASDAQ:MTTR) versus Global-e Online (NASDAQ:GLBE)May 20, 2023 | americanbankingnews.comGlobal-e Online (GLBE) to Release Quarterly Earnings on MondaySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GLBE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Global-e Online and its competitors with MarketBeat's FREE daily newsletter. Email Address GLBE Company Calendar Last Earnings5/22/2023Today5/28/2023Next Earnings (Estimated)8/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:GLBE CUSIPN/A CIK1835963 Webwww.global-e.com Phone972-73-260-5078FaxN/AEmployees473Year FoundedN/APrice Target and Rating Average Stock Price Forecast$37.88 High Stock Price Forecast$44.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside+17.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($1.16) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-195,400,000.00 Net Margins-41.06% Pretax Margin-42.74% Return on Equity-20.01% Return on Assets-16.55% Debt Debt-to-Equity RatioN/A Current Ratio2.09 Quick Ratio1.79 Sales & Book Value Annual Sales$409.05 million Price / Sales12.70 Cash FlowN/A Price / Cash FlowN/A Book Value$5.79 per share Price / Book5.56Miscellaneous Outstanding Shares161,320,000Free Float142,604,000Market Cap$5.19 billion OptionableNot Optionable Beta1.25 Key ExecutivesMr. Amir Schlachet (Age 45)Co-Founder, CEO & Chairman Mr. Nir Debbi (Age 48)Co-Founder, Pres & Director Mr. Shahar Tamari (Age 50)Co-Founder, COO & Director Mr. Ofer Koren (Age 52)Chief Financial Officer Mr. Eden Zaharoni (Age 45)Chief Technology Officer Mr. Oded GriffelGen. CounselMs. Yael GeffenVP of Human ResourceMr. Neil KuschelChief Exec. Officer of EuropeMr. Matthew MerrileesChief Exec. Officer of North AmericaMr. Ran Fridman (Age 48)Chief Revenue Officer More ExecutivesKey CompetitorsMINISO GroupNYSE:MNSOLevi Strauss & Co.NYSE:LEVICapriNYSE:CPRIDillard'sNYSE:DDSWendy'sNASDAQ:WENView All CompetitorsInstitutional OwnershipProShare Advisors LLCSold 4,864 shares on 5/26/2023Ownership: 0.005%Ameriprise Financial Inc.Bought 13,227 shares on 5/22/2023Ownership: 0.132%JPMorgan Chase & Co.Bought 54,709 shares on 5/18/2023Ownership: 0.742%Kayne Anderson Rudnick Investment Management LLCBought 12,260 shares on 5/16/2023Ownership: 0.820%State Street CorpBought 2,135 shares on 5/16/2023Ownership: 0.029%View All Institutional Transactions GLBE Stock - Frequently Asked Questions Should I buy or sell Global-e Online stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global-e Online in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GLBE shares. View GLBE analyst ratings or view top-rated stocks. What is Global-e Online's stock price forecast for 2023? 8 analysts have issued twelve-month price targets for Global-e Online's stock. Their GLBE share price forecasts range from $26.00 to $44.00. On average, they predict the company's stock price to reach $37.88 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price. View analysts price targets for GLBE or view top-rated stocks among Wall Street analysts. How have GLBE shares performed in 2023? Global-e Online's stock was trading at $20.64 at the start of the year. Since then, GLBE stock has increased by 56.0% and is now trading at $32.20. View the best growth stocks for 2023 here. When is Global-e Online's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 15th 2023. View our GLBE earnings forecast. How were Global-e Online's earnings last quarter? Global-e Online Ltd. (NASDAQ:GLBE) posted its earnings results on Monday, May, 22nd. The company reported ($0.26) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.28) by $0.02. The business earned $117.60 million during the quarter, compared to analysts' expectations of $111.65 million. Global-e Online had a negative trailing twelve-month return on equity of 20.01% and a negative net margin of 41.06%. Global-e Online's revenue was up 54.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.05) EPS. What ETFs hold Global-e Online's stock? ETFs with the largest weight of Global-e Online (NASDAQ:GLBE) stock in their portfolio include Global X E-Commerce ETF (EBIZ), ARK Fintech Innovation ETF (ARKF), Amplify Online Retail ETF (IBUY), VanEck Israel ETF (ISRA), Renaissance IPO ETF (IPO), Fidelity Growth Opportunities ETF (FGRO), Franklin Disruptive Commerce ETF (BUYZ) and AB Disruptors ETF (FWD). What guidance has Global-e Online issued on next quarter's earnings? Global-e Online updated its second quarter 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $125.00 million-$130.00 million, compared to the consensus revenue estimate of $128.02 million. When did Global-e Online IPO? (GLBE) raised $360 million in an initial public offering on Wednesday, May 12th 2021. The company issued 15,000,000 shares at $23.00-$25.00 per share. Goldman Sachs, Morgan Stanley, Jefferies, Piper Sandler, JMP Securities, KeyBanc Capital Markets and Raymond James served as the underwriters for the IPO. What is Global-e Online's stock symbol? Global-e Online trades on the NASDAQ under the ticker symbol "GLBE." Who are Global-e Online's major shareholders? Global-e Online's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vitruvian Partners LLP (4.56%), Artisan Partners Limited Partnership (2.14%), FMR LLC (1.44%), Sumitomo Mitsui Trust Holdings Inc. (1.35%), Nikko Asset Management Americas Inc. (1.35%) and Temasek Holdings Private Ltd (1.31%). How do I buy shares of Global-e Online? Shares of GLBE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Global-e Online's stock price today? One share of GLBE stock can currently be purchased for approximately $32.20. How much money does Global-e Online make? Global-e Online (NASDAQ:GLBE) has a market capitalization of $5.19 billion and generates $409.05 million in revenue each year. The company earns $-195,400,000.00 in net income (profit) each year or ($1.16) on an earnings per share basis. How many employees does Global-e Online have? The company employs 473 workers across the globe. How can I contact Global-e Online? The official website for the company is www.global-e.com. The company can be reached via phone at 972-73-260-5078 or via email at ir@global-e.com. This page (NASDAQ:GLBE) was last updated on 5/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Global-e Online Ltd. 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