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Global-E Online (GLBE) Stock Forecast & Price Target

$34.07
-1.37 (-3.87%)
(As of 01:33 PM ET)

Global-E Online - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 11 Wall Street analysts who have issued ratings for Global-E Online in the last 12 months, the stock has a consensus rating of "Buy." Out of the 11 analysts, 11 have given a buy rating for GLBE.

Consensus Price Target

$43.58
27.92% Upside
High Forecast$48.00
Average Forecast$43.58
Low Forecast$40.00

According to the 11 analysts' twelve-month price targets for Global-E Online, the average price target is $43.58. The highest price target for GLBE is $48.00, while the lowest price target for GLBE is $40.00. The average price target represents a forecasted upside of 27.92% from the current price of $34.07.

TypeCurrent Forecast
7/25/23 to 7/24/24
1 Month Ago
6/25/23 to 6/24/24
3 Months Ago
4/26/23 to 4/25/24
1 Year Ago
7/25/22 to 7/25/23
Consensus Rating
Buy
Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
11 Buy rating(s)
11 Buy rating(s)
9 Buy rating(s)
7 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$43.58$43.83$43.00$44.38
Forecasted Upside27.92% Upside36.69% Upside31.01% Upside33.93% Upside
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GLBE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GLBE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Global-E Online Stock vs. The Competition

TypeGlobal-E OnlineRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
3.00
2.45
2.51
Consensus RatingBuyHoldModerate Buy
Predicted Upside22.98% Upside53.46% Upside9.25% Upside
News Sentiment RatingPositive News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/16/2024Morgan Stanley
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$37.00 ➝ $40.00+8.31%
7/12/2024Piper Sandler
2 of 5 stars
 Lower TargetOverweight ➝ Overweight$50.00 ➝ $47.00+27.37%
7/10/2024JMP Securities
2 of 5 stars
P. Walravens
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Reiterated RatingMarket Outperform ➝ Market Outperform$46.00 ➝ $46.00+25.96%
7/1/2024The Goldman Sachs Group
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 Reiterated RatingBuy ➝ Buy$43.00 ➝ $43.00+18.10%
5/21/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$41.00+31.88%
5/21/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$48.00+56.40%
5/21/2024Bank of America
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 Boost TargetBuy ➝ Buy$46.00 ➝ $47.00+53.14%
4/1/2024Wells Fargo & Company
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 Reiterated RatingOverweight ➝ Overweight$40.00+11.20%
11/16/2023UBS Group
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 Lower TargetBuy ➝ Buy$50.00 ➝ $45.00+51.41%
11/16/2023KeyCorp
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 Lower TargetOverweight ➝ Overweight$42.00 ➝ $40.00+39.13%
11/16/2023Raymond James
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 Lower TargetOutperform ➝ Outperform$45.00 ➝ $41.00+42.61%
8/8/2023Jefferies Financial Group
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 Boost Target$40.00 ➝ $45.00+19.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 02:05 PM ET.

GLBE Forecast - Frequently Asked Questions

What is Global-E Online's forecast for 2024?

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Global-E Online is $43.58, with a high forecast of $48.00 and a low forecast of $40.00.

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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global-E Online in the last year. There are currently 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GLBE shares.

Does Global-E Online's stock price have much upside?

According to analysts, Global-E Online's stock has a predicted upside of 31.45% based on their 12-month stock forecasts.

Has Global-E Online been upgraded by Wall Street analysts recently?

Over the previous 90 days, Global-E Online's stock had 1 upgrade by analysts.

What analysts cover Global-E Online?

Global-E Online has been rated by research analysts at Bank of America, Benchmark, JMP Securities, Morgan Stanley, Needham & Company LLC, Piper Sandler, and The Goldman Sachs Group in the past 90 days.

Do Wall Street analysts like Global-E Online more than its competitors?

Analysts like Global-E Online more than other "retail/wholesale" companies. The consensus rating for Global-E Online is Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how GLBE compares to other companies.


This page (NASDAQ:GLBE) was last updated on 7/24/2024 by MarketBeat.com Staff

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