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

$33.93
+1.25 (+3.82%)
(As of 04/23/2024 ET)

Global-E Online Consensus Analyst Rating 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.

Analysts' Consensus Rating

Moderate Buy
Based on 10 Analyst Ratings

Analysts' Consensus Price Target

$43.00
26.73% Upside
High Forecast$50.00
Average Forecast$43.00
Low Forecast$33.00
TypeCurrent Forecast
4/24/23 to 4/23/24
1 Month Ago
3/25/23 to 3/24/24
3 Months Ago
1/24/23 to 1/24/24
1 Year Ago
4/24/22 to 4/24/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
10 Buy rating(s)
10 Buy rating(s)
9 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$43.00$43.00$43.83$36.11
Predicted Upside26.73% Upside33.00% Upside30.85% Upside43.34% Upside
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GLBE Analyst Ratings 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
2.90
2.42
2.49
Consensus RatingModerate BuyHoldHold
Predicted Upside26.73% Upside48.71% Upside10.13% Upside
News Sentiment RatingVery Positive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/5/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$48.00+40.68%
4/1/2024Wells Fargo & Company
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 Reiterated RatingOverweight ➝ Overweight$40.00+11.20%
2/22/2024Piper Sandler
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 Reiterated RatingOverweight ➝ Overweight$50.00+49.28%
1/11/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$36.00 ➝ $46.00+16.57%
12/5/2023JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$46.00+25.34%
11/16/2023UBS Group
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 Lower TargetBuy ➝ Buy$50.00 ➝ $45.00+51.41%
11/16/2023Benchmark
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 Lower TargetBuy ➝ Buy$50.00 ➝ $40.00+37.98%
11/16/2023KeyCorp
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 Lower TargetOverweight ➝ Overweight$42.00 ➝ $40.00+39.13%
11/16/2023Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$41.00 ➝ $33.00+14.78%
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%
5/23/2023Bank of America
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 Boost Target$36.00 ➝ $42.00+20.21%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 08:21 PM ET.

GLBE Price Target - Frequently Asked Questions

What is Global-E Online's consensus rating and price target?

According to the issued ratings of 10 analysts in the last year, the consensus rating for Global-E Online stock is Moderate Buy based on the current 1 hold rating and 9 buy ratings for GLBE. The average twelve-month price prediction for Global-E Online is $43.00 with a high price target of $50.00 and a low price target of $33.00. Learn more on GLBE's analyst rating history.

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 Moderate Buy while the average consensus rating for retail/wholesale companies is Hold. Learn more on how GLBE compares to other companies.

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

According to analysts, Global-E Online's stock has a predicted upside of 31.01% based on their 12-month stock forecasts.

What analysts cover Global-E Online?

Global-E Online has been rated by Needham & Company LLC, Piper Sandler, and Wells Fargo & Company in the past 90 days.


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This page (NASDAQ:GLBE) was last updated on 4/23/2024 by MarketBeat.com Staff

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