Global-E Online (GLBE) Stock Price, News & Analysis

$31.92
-0.47 (-1.45%)
(As of 05/3/2024 ET)
Today's Range
$31.76
$33.12
50-Day Range
$31.92
$37.60
52-Week Range
$27.30
$45.72
Volume
1.39 million shs
Average Volume
969,204 shs
Market Capitalization
$5.24 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$43.00

Global-E Online MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
34.7% Upside
$43.00 Price Target
Short Interest
Bearish
8.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.50) to $0.15 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.24 out of 5 stars

Retail/Wholesale Sector

140th out of 202 stocks

Prepackaged Software Industry

144th out of 206 stocks

GLBE stock logo

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

GLBE Stock News Headlines

Global-e: On The Cusp Of Its Growth Inflection
3 Overlooked Stocks to Buy This Spring
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GLBE Apr 2024 30.000 call
GLBE Apr 2024 20.000 call
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GLBE Jan 2026 60.000 call
GLBE Jan 2026 40.000 put
Global-e Online Ltd. (GLBE)
JMP Securities Keeps Their Buy Rating on Global-e Online (GLBE)
Why Global-e Online Stock Fell Today
What Wall Street expects from Global-E Online's earnings
Global-E Online Stock Falls on Tepid 1Q Outlook
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
5/05/2024
Next Earnings (Estimated)
5/27/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:GLBE
Fax
N/A
Employees
923
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$43.00
High Stock Price Target
$50.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+34.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$-133,800,000.00
Pretax Margin
-23.12%

Debt

Sales & Book Value

Annual Sales
$569.95 million
Cash Flow
$0.23 per share
Book Value
$5.75 per share

Miscellaneous

Free Float
145,201,000
Market Cap
$5.24 billion
Optionable
Optionable
Beta
1.13
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Key Executives

  • Mr. Amir Schlachet (Age 47)
    Co-Founder, CEO & Chairman of the Board
    Comp: $506k
  • Mr. Nir Debbi (Age 50)
    Co-Founder, President & Director
    Comp: $516k
  • Mr. Shahar Tamari (Age 52)
    Co-Founder, COO & Director
    Comp: $521k
  • Mr. Ofer Koren (Age 54)
    Chief Financial Officer
    Comp: $481k
  • Mr. Ran Fridman (Age 50)
    Chief Revenue Officer
    Comp: $520k
  • Mr. Yehiam Shinder (Age 43)
    Chief Technology Officer
  • Mr. Oded Griffel
    General Counsel
  • Ms. Yael Geffen
    Vice President of Human Resource
  • Mr. Eden Zaharoni (Age 46)
    Chief Innovation Officer
  • Mr. Matthew Merrilees
    Chief Executive Officer of North America

GLBE Stock Analysis - Frequently Asked Questions

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

10 Wall Street research 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 research 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 stock. Their GLBE share price targets range from $33.00 to $50.00. On average, they expect the company's stock price to reach $43.00 in the next twelve months. This suggests a possible upside of 34.7% 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 2024?

Global-E Online's stock was trading at $39.63 at the beginning of the year. Since then, GLBE stock has decreased by 19.5% and is now trading at $31.92.
View the best growth stocks for 2024 here
.

Are investors shorting Global-E Online?

Global-E Online saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 9,320,000 shares, an increase of 11.5% from the March 31st total of 8,360,000 shares. Based on an average trading volume of 1,160,000 shares, the days-to-cover ratio is currently 8.0 days. Approximately 8.8% of the shares of the company are sold short.
View Global-E Online's Short Interest
.

When is Global-E Online's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 27th 2024.
View our GLBE earnings forecast
.

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

Global-E Online Ltd. (NASDAQ:GLBE) announced its earnings results on Wednesday, February, 21st. The company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of ($0.12) by $0.01. The company had revenue of $185.40 million for the quarter, compared to the consensus estimate of $181.74 million. Global-E Online had a negative trailing twelve-month return on equity of 19.33% and a negative net margin of 23.48%. The company's quarterly revenue was up 32.5% on a year-over-year basis. During the same period in the prior year, the company posted ($0.18) EPS.

What guidance has Global-E Online issued on next quarter's earnings?

Global-E Online issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $138.5 million-$145.0 million, compared to the consensus revenue estimate of $150.5 million.

When did Global-E Online IPO?

Global-E Online (GLBE) raised $360 million in an initial public offering (IPO) 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 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 Sumitomo Mitsui Trust Holdings Inc. (1.45%), Nikko Asset Management Americas Inc. (1.34%), Allspring Global Investments Holdings LLC (1.19%), Allspring Global Investments Holdings LLC (1.19%), Wasatch Advisors LP (0.85%) and Barton Investment Management (0.58%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GLBE) was last updated on 5/5/2024 by MarketBeat.com Staff

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