Should I buy or sell Global-e Online stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global-e Online in the last year. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GLBE shares. View GLBE analyst ratings or view top-rated stocks .

What is Global-e Online's stock price target for 2024?

10 equities research analysts have issued 1 year target prices for Global-e Online's shares. Their GLBE share price targets range from $33.00 to $48.00. On average, they anticipate the company's stock price to reach $41.91 in the next year. This suggests a possible upside of 14.3% 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 77.7% and is now trading at $36.68. 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 Wednesday, February 28th 2024. View our GLBE earnings forecast .

How were Global-e Online's earnings last quarter?

Global-e Online Ltd. (NASDAQ:GLBE) announced its quarterly earnings data on Wednesday, November, 15th. The company reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.24) by $0.04. The firm earned $133.60 million during the quarter, compared to analysts' expectations of $140.93 million. Global-e Online had a negative net margin of 26.73% and a negative trailing twelve-month return on equity of 15.17%. Global-e Online's revenue for the quarter was up 26.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.41) earnings per share.

What ETFs hold Global-e Online's stock?

ETFs with the largest weight of Global-e Online (NASDAQ:GLBE) stock in their portfolio include ARK Fintech Innovation ETF (ARKF) , Global X E-Commerce ETF (EBIZ) , Innovator IBD 50 ETF (FFTY) , ProShares Online Retail ETF (ONLN) , VanEck Israel ETF (ISRA) , First Trust IPOX Europe Equity Opportunities ETF (FPXE) , ProShares Long Online/Short Stores ETF (CLIX) and Franklin Disruptive Commerce ETF (BUYZ) .

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 a price of $23.00-$25.00 per share. Goldman Sachs, Morgan Stanley, Jefferies, Piper Sandler, JMP Securities, KeyBanc Capital Markets and Raymond James acted as the underwriters for the IPO.

Who are Global-e Online's major shareholders?

Global-e Online's stock is owned by many different retail and institutional investors. Top institutional shareholders include Morgan Stanley (9.64%), Abdiel Capital Advisors LP (7.12%), Artisan Partners Limited Partnership (1.54%), Eventide Asset Management LLC (1.49%), Sumitomo Mitsui Trust Holdings Inc. (1.33%) and Lord Abbett & CO. LLC (1.11%).

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 .

Top-Rated StocksTop-Rated

Global-e Online Stock Price, News & Analysis (NASDAQ:GLBE)

$36.31

-0.25 (-0.68%)

(As of 11:34 AM ET)

Compare

Today's Range: $36.30
▼
$37.24
50-Day Range: $28.75
▼
$40.05
52-Week Range: $18.14
▼
$45.72

Volume: 209,998 shs
Average Volume: 1.35 million shs
Market Capitalization: $5.96 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $41.91

Global-e Online MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.90 Rating Score
Upside/Downside: 14.3% Upside
$41.91 Price Target
Short Interest: Bearish
7.61% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.97
Based on 14 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.81) to ($0.49) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Retail/Wholesale Sector

113th out of 175 stocks

Prepackaged Software Industry

95th out of 187 stocks

3.5

Analyst's Opinion

Consensus Rating
Global-e Online has received a consensus rating of Moderate Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $41.91, Global-e Online has a forecasted upside of 14.3% from its current price of $36.68.
Amount of Analyst Coverage
Global-e Online has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
7.61% of the float of Global-e Online has been sold short.
Short Interest Ratio / Days to Cover
Global-e Online has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in Global-e Online has recently increased by 3.26%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Global-e Online does not currently pay a dividend.
Dividend Growth
Global-e Online does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GLBE.

3.9

News and Social Media Coverage

News Sentiment
Global-e Online has a news sentiment score of 0.97. 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 0.35 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Global-e Online this week, compared to 3 articles on an average week.
Search Interest
23 people have searched for GLBE on MarketBeat in the last 30 days. This is an increase of 360% compared to the previous 30 days.
MarketBeat Follows
8 people have added Global-e Online to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Global-e Online insiders have not sold or bought any company stock.
Percentage Held by Insiders
11.60% 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 Institutions
59.23% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Global-e Online are expected to grow in the coming year, from ($0.81) to ($0.49) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Global-e Online is -42.65, 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. Sector
The P/E ratio of Global-e Online is -42.65, 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 Ratio
Global-e Online has a P/B Ratio of 6.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Global-e Online Stock (NASDAQ:GLBE)

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. The company was incorporated in 2013 and is headquartered in Petah Tikva, Israel.

GLBE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GLBE Stock News Headlines

December 6, 2023 | americanbankingnews.com

JMP Securities Reiterates Market Outperform Rating for Global-e Online (NASDAQ:GLBE)

December 5, 2023 | markets.businessinsider.com

Buy Rating for Global-e Online Amidst Strong Growth and Strategic Partnerships

December 6, 2023 | Wealthpress (Ad)

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December 5, 2023 | markets.businessinsider.com

Buy Rating Justified by Global-e Online’s Strong BFCM Sales and Synergistic Growth with Shopify

December 5, 2023 | americanbankingnews.com

Global-e Online (NASDAQ:GLBE) Given Buy Rating at Needham & Company LLC

December 4, 2023 | benzinga.com

Global E Online Stock (NASDAQ:GLBE), Analyst Ratings, Price Targets, Predictions

December 2, 2023 | msn.com

Global-e (NASDAQ:GLBE) Rises on Strong Holiday Weekend

December 1, 2023 | finance.yahoo.com

What Makes Global-e Online Ltd. (GLBE) a New Buy Stock

December 6, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

December 1, 2023 | finance.yahoo.com

Global-e saw a 53% YoY uplift in Black Friday-Cyber Monday weekend cross-border e-commerce sales

November 21, 2023 | finance.yahoo.com

Global-E Online Stock Scores Relative Strength Upgrade

November 18, 2023 | finance.yahoo.com

Forget Amazon, This Stock Is a Better Buy

November 18, 2023 | seekingalpha.com

Global-e Online: Risky Business Getting Riskier

November 16, 2023 | msn.com

Global-E Online Analysts Cut Their Forecasts After Q3 Results

November 16, 2023 | markets.businessinsider.com

Raymond James Maintains Outperform Rating for Global E Online: Here's What You Need To Know

November 16, 2023 | markets.businessinsider.com

Scott Berg’s Optimistic Outlook on Global-e Online: Resilient Sales Trends and Potential FY24 Growth Beyond 30%

November 16, 2023 | finance.yahoo.com

Q3 2023 Global-E Online Ltd Earnings Call

November 16, 2023 | finance.yahoo.com

Global-e Online Ltd. (NASDAQ:GLBE) Q3 2023 Earnings Call Transcript

November 15, 2023 | markets.businessinsider.com

What 4 Analyst Ratings Have To Say About Global E Online

November 15, 2023 | finance.yahoo.com

Global-e Online Ltd. (GLBE) Reports Q3 Earnings: What Key Metrics Have to Say

November 15, 2023 | finance.yahoo.com

Global-e Online (GLBE) Q3 2023 Earnings Call Transcript

November 15, 2023 | msn.com

Stocks Rise Pre-Bell Ahead of Producer Price Index Report; Asia, Europe Up

November 15, 2023 | finanznachrichten.de

Global-e Online Ltd: Global-e Reports Third Quarter 2023 Results

November 15, 2023 | benzinga.com

Recap: Global E Online Q3 Earnings

November 15, 2023 | finance.yahoo.com

Global-e Reports Third Quarter 2023 Results

November 14, 2023 | benzinga.com

Global E Online's Earnings Outlook

November 3, 2023 | finance.yahoo.com

Global-e to Announce Financial Results for the Third Quarter 2023 on November 15, 2023

See More Headlines

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Company Calendar

Last Earnings: 11/15/2023
Today: 12/06/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/28/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NASDAQ:GLBE
CUSIP: N/A
CIK: 1835963
Web: www.global-e.com
Phone: 972-73-260-5078
Fax: N/A
Employees: 767
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $41.91
High Stock Price Target: $48.00
Low Stock Price Target: $33.00
Potential Upside/Downside: +13.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.90
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.86)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-195,400,000.00
Net Margins: -26.73%
Pretax Margin: -28.43%
Return on Equity: -15.17%
Return on Assets: -12.40%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.12
Quick Ratio: 2.12

Sales & Book Value

Annual Sales: $524.41 million
Price / Sales: 11.54
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $5.75 per share
Price / Book: 6.41

Miscellaneous

Outstanding Shares: 164,254,000
Free Float: 145,201,000
Market Cap: $6.05 billion
Optionable: Not Optionable
Beta: 1.16

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Key Executives

Mr. Amir Schlachet (Age 46)
Co-Founder, CEO & Chairman of the Board
Comp: $516k
Mr. Nir Debbi (Age 49)
Co-Founder, President & Director
Comp: $510k
Mr. Shahar Tamari (Age 51)
Co-Founder, COO & Director
Comp: $505k
Mr. Ofer Koren (Age 53)
Chief Financial Officer
Comp: $519k
Mr. Ran Fridman (Age 49)
Chief Revenue Officer
Comp: $541k
Mr. Eden Zaharoni (Age 46)
Chief Technology Officer
Mr. Oded Griffel
General Counsel
Ms. Yael Geffen
Vice President of Human Resource
Mr. Matthew Merrilees
Chief Executive Officer of North America
Ms. Adi Waiss
Global Executive VP of Projects & Solutions

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

GLBE Stock Analysis - Frequently Asked Questions

Should I buy or sell Global-e Online stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global-e Online in the last year. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GLBE shares.
View GLBE analyst ratings or view top-rated stocks.
What is Global-e Online's stock price target for 2024?: 10 equities research analysts have issued 1 year target prices for Global-e Online's shares. Their GLBE share price targets range from $33.00 to $48.00. On average, they anticipate the company's stock price to reach $41.91 in the next year. This suggests a possible upside of 14.3% 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 77.7% and is now trading at $36.68.
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 Wednesday, February 28th 2024.
View our GLBE earnings forecast.
How were Global-e Online's earnings last quarter?: Global-e Online Ltd. (NASDAQ:GLBE) announced its quarterly earnings data on Wednesday, November, 15th. The company reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.24) by $0.04. The firm earned $133.60 million during the quarter, compared to analysts' expectations of $140.93 million. Global-e Online had a negative net margin of 26.73% and a negative trailing twelve-month return on equity of 15.17%. Global-e Online's revenue for the quarter was up 26.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.41) earnings per share.

What ETFs hold Global-e Online's stock?: ETFs with the largest weight of Global-e Online (NASDAQ:GLBE) stock in their portfolio include ARK Fintech Innovation ETF (ARKF), Global X E-Commerce ETF (EBIZ), Innovator IBD 50 ETF (FFTY), ProShares Online Retail ETF (ONLN), VanEck Israel ETF (ISRA), First Trust IPOX Europe Equity Opportunities ETF (FPXE), ProShares Long Online/Short Stores ETF (CLIX) and Franklin Disruptive Commerce ETF (BUYZ).
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 a price of $23.00-$25.00 per share. Goldman Sachs, Morgan Stanley, Jefferies, Piper Sandler, JMP Securities, KeyBanc Capital Markets and Raymond James acted as the underwriters for the IPO.
Who are Global-e Online's major shareholders?: Global-e Online's stock is owned by many different retail and institutional investors. Top institutional shareholders include Morgan Stanley (9.64%), Abdiel Capital Advisors LP (7.12%), Artisan Partners Limited Partnership (1.54%), Eventide Asset Management LLC (1.49%), Sumitomo Mitsui Trust Holdings Inc. (1.33%) and Lord Abbett & CO. LLC (1.11%).
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.

This page (NASDAQ:GLBE) was last updated on 12/6/2023 by MarketBeat.com Staff

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Global-e Online Stock Price, News & Analysis (NASDAQ:GLBE)

Global-e Online MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Global-e Online Stock (NASDAQ:GLBE)

GLBE Stock Price History

GLBE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

GLBE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™