Streetbeat News

GLBE

Global-e Online Ltd.

Industry

Specialty Retail

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. Global-E Online Ltd. was incorporated in 2013 and is headquartered in Petah Tikva, Israel.

Open

40.61

Mkt cap

6.7B

Volume

645K

High

40.61

P/E Ratio

-62.97

52-wk high

43.52

Low

39.77

Div yield

N/A

52-wk low

28.11

The article discusses Wall Street's projections for Globale Online's (GLBE) Q3 earnings, focusing on key metrics to assess the company's potential performance for the quarter ended September 2024.

Portfolio Pulse from

November 15, 2024 | 3:30 pm

Globale Online (GLBE) saw a 5.8% increase in share price with above-average trading volume. However, current earnings estimate revisions do not indicate continued strength.

Portfolio Pulse from

November 13, 2024 | 5:45 pm

Global E Online (NYSE:GLBE) has seen a 10.64% increase in its short percent of float, now at 9.15%. This indicates a bearish sentiment among investors, although its short interest is below the peer group average of 9.64%.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 6:45 pm

UBS analyst Kunal Madhukar maintains a Buy rating on Global E Online (NASDAQ:GLBE) but lowers the price target from $50 to $48.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 2:14 pm

Global E Online (NASDAQ:GLBE) has been analyzed by 5 analysts, showing a range of ratings from bullish to bearish. The average 12-month price target is $43.0, with a high of $48.00 and a low of $38.00, reflecting a 3.15% decline from the previous average. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. Despite a strong revenue growth rate of 26.03%, Global E Online faces challenges with a negative net margin, ROE, and ROA, indicating potential profitability and efficiency issues.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 12:00 pm

Morgan Stanley has downgraded Global E Online (NASDAQ:GLBE) from Overweight to Equal-Weight, while maintaining the price target at $40.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 11:38 am

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on trades involving companies like TSLA, NIO, CVNA, AMZN, DKNG, GLBE, GENI, PENN, CMG, and GM. These activities include both call and put options with varying sentiments, indicating potential trading opportunities.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 5:35 pm

Keybanc analyst Justin Patterson maintains an Overweight rating on Global E Online (NASDAQ:GLBE) but lowers the price target from $40 to $38.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:43 pm

B of A Securities analyst Vivek Arya maintains a Buy rating on Global E Online (NASDAQ:GLBE) but lowers the price target from $47 to $45.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:18 pm

Over the past three months, 12 analysts have shared their evaluations of Global E Online (NASDAQ:GLBE), with a mix of bullish and somewhat bullish ratings. The average 12-month price target is $44.42, slightly up from the previous $44.09. Analysts have adjusted their ratings and price targets based on recent developments, reflecting a generally positive outlook for the company.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 1:00 pm

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