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

36.54

Mkt cap

Volume

2.3M

High

36.79

P/E Ratio

-80.20

52-wk high

63.69

Low

35.81

Div yield

N/A

52-wk low

28.11

Wells Fargo analyst Andrew Bauch has initiated coverage on Global E Online (NASDAQ:GLBE) with an Overweight rating and set a price target of $50 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 9:52 am

Goldman Sachs analyst Will Nance has reaffirmed a Buy rating on Global E Online (NASDAQ: GLBE) and increased the price target from $36 to $46.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:16 pm

Piper Sandler analyst Brent A. Bracelin has made several rating changes for tech stocks, showing optimism for application software in 2024. NCNO and WEAV were upgraded to Overweight, AVDX was downgraded to Neutral, and U and BL were downgraded to Underweight. The analyst's top picks for 2024 include WDAY, SNOW, MNDY, KVYO, and GLBE, focusing on cloud recovery, data renaissance, and AI. WDAY, MNDY, and KVYO are highlighted for their value, while SNOW and GLBE are recommended for growth investors.

Portfolio Pulse from Anusuya Lahiri

January 02, 2024 | 8:36 pm

Global E Online (NASDAQ:GLBE) has received mixed analyst ratings over the last three months, with a total of 5 bullish, 7 somewhat bullish, and 1 indifferent rating. The average 12-month price target is now $43.38, down from $46.89. Analysts from firms including Piper Sandler, JMP Securities, Needham, Goldman Sachs, UBS, Benchmark, Morgan Stanley, Keybanc, and Raymond James have adjusted their price targets and ratings, with several maintaining their positive outlook but lowering their price targets. Global E Online provides cross-border e-commerce solutions and has shown a revenue growth rate of 26.57% as of September 30, 2023, but struggles with profitability and efficiency, as indicated by its net margin and ROE/ROA figures.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 5:00 pm

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Global E Online (NASDAQ: GLBE) and increased the price target from $45 to $50.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 2:42 pm

Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Global E Online (NASDAQ:GLBE) and maintained a price target of $45.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:44 am

JMP Securities analyst Patrick Walravens has reiterated a 'Market Outperform' rating on Global E Online (NASDAQ: GLBE) and maintained a price target of $46.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 2:23 pm

Global E Online (NASDAQ:GLBE) has received various analyst ratings over the last quarter, with 6 bullish, 5 somewhat bullish, and 1 indifferent rating. The average 12-month price target among 12 analysts is $43.92, with a high of $54.00 and a low of $33.00, marking a 6.79% decrease from the previous target of $47.12.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 12:00 pm

Needham analyst Scott Berg has reiterated a Buy rating on Global E Online (NASDAQ: GLBE) and maintained a $48 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 11:49 am

Global-E Online reported a record 53% increase in sales during the Black Friday Cyber Monday (BFCM) weekend compared to the previous year, indicating strong performance and growth in consumer spending on their platform during a key shopping period.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 1:04 pm

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