Global-e Online Ltd. (GLBE)

NASDAQ: GLBE · IEX Real-Time Price · USD
36.52
+2.27 (6.63%)
Dec 1, 2023, 4:00 PM EST - Market closed
6.63%
Market Cap 6.00B
Revenue (ttm) 524.41M
Net Income (ttm) -140.18M
Shares Out 164.25M
EPS (ttm) -0.85
PE Ratio n/a
Forward PE 41.84
Dividend n/a
Ex-Dividend Date n/a
Volume 2,962,133
Open 34.33
Previous Close 34.25
Day's Range 34.27 - 36.83
52-Week Range 18.14 - 45.72
Beta 1.33
Analysts Strong Buy
Price Target 41.60 (+13.91%)
Earnings Date Nov 15, 2023

About 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. [Read more]

Industry Internet Retail
IPO Date May 12, 2021
Employees 767
Stock Exchange NASDAQ
Ticker Symbol GLBE
Full Company Profile

Financial Performance

In 2022, GLBE's revenue was $409.05 million, an increase of 66.77% compared to the previous year's $245.27 million. Losses were -$195.41 million, 160.8% more than in 2021.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for GLBE stock is "Strong Buy." The 12-month stock price forecast is $41.6, which is an increase of 13.91% from the latest price.

Price Target
$41.6
(13.91% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Global-e Announces Appointment of Mr. Gen Tsuchikawa, CEO of Sony Ventures Corporation, to its Board of Directors

PETAH-TIKVA, Israel, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE), the global leader of Direct-To-Consumer cross border eCommerce enablement, announced today that Mr. Gen Tsuc...

4 days ago - GlobeNewsWire

Global-e Reports Third Quarter 2023 Results

PETAH-TIKVA, Israel, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border eCommerce enablement, today reported financial results f...

18 days ago - GlobeNewsWire

Global-e to Announce Financial Results for the Third Quarter 2023 on November 15, 2023

PETAH-TIKVA, Israel, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border ecommerce enablement, today announced it will report fin...

4 weeks ago - GlobeNewsWire

Global-e Reports Second Quarter 2023 Results

PETAH-TIKVA, Israel, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border eCommerce enablement, today reported financial results f...

4 months ago - GlobeNewsWire

Global-e to Announce Financial Results for the Second Quarter 2023 on August 8, 2023

PETAH-TIKVA, Israel, July 25, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border ecommerce enablement, today announced it will report fin...

4 months ago - GlobeNewsWire

2 Tech Stocks With Upgrades and Positive Outlook

Symbotic NASDAQ: SYM and Global-e Online NASDAQ: GLBE are members of the 2022 class of IPOs. The 1st came to market as a reverse merger, while the other went the traditional IPO route with NASDAQ.

Other symbols: SYMWMT
6 months ago - MarketBeat

Global-e Reports First Quarter 2023 Results

PETAH-TIKVA, Israel, May 22, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border eCommerce enablement, today reported financial results fo...

6 months ago - GlobeNewsWire

Global-e to Announce Financial Results for the First Quarter 2023 on May 22, 2023

PETAH-TIKVA, Israel, May 08, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border ecommerce enablement, today announced it will report fina...

7 months ago - GlobeNewsWire

Global-e Announces Filing of Form 20-F for the Fiscal Year Ended December 31, 2022

PETAH-TIKVA, Israel, March 31, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (NASDAQ:GLBE), the global leader of Direct-To-Consumer cross border ecommerce enablement announced that it filed its annual...

8 months ago - GlobeNewsWire

Global-e Reports Fourth Quarter and Full Year 2022 Results

PETAH-TIKVA, Israel, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border ecommerce enablement, today reported financial results f...

10 months ago - GlobeNewsWire

Global-e to Announce Financial Results for the Fourth Quarter and Year End 2022 on February 22, 2023

PETAH-TIKVA, Israel, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border e-commerce enablement, today announced it will report fi...

10 months ago - GlobeNewsWire

Millennials & Gen-Z Report Social Media as Top Channel for Discovering International Brands - Global-e Survey Finds

The power of direct-to-consumer (D2C) retail is on the rise, with 58% of respondents preferring to purchase directly from a brand's website PETAH-TIKVA, Israel , Nov. 22, 2022 /PRNewswire/ -- Global-e...

1 year ago - PRNewsWire

Why Global-e Online Shares Are Nosediving Thursday - Global E Online (NASDAQ:GLBE)

Global-e Online Ltd (NASDAQ: GLBE) shares are trading lower by 15.5% to $20.74 going into the close of Thursday's session after the company reported worse-than-expected third-quarter EPS results. What...

1 year ago - Benzinga

Global-e Reports Third Quarter 2022 Results

PETAH-TIKVA, Israel, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border ecommerce enablement, today reported financial results f...

1 year ago - GlobeNewsWire

Global-e to Announce Financial Results for the Third Quarter 2022 on November 16, 2022

PETAH-TIKVA, Israel, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border e-commerce enablement, today announced it will report fi...

1 year ago - GlobeNewsWire

Global-e Reports Second Quarter 2022 Results

PETAH-TIKVA, Israel, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader ofDirect-To-Consumer cross border eCommerce enablement, today reported financial results fo...

1 year ago - GlobeNewsWire

Global-e to Announce Financial Results for the Second Quarter 2022 on August 16, 2022

PETAH-TIKVA, Israel, July 25, 2022 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE), the world's leading cross-border end-to-end platform for brands and retailers, today announced it will repor...

1 year ago - GlobeNewsWire

Global-e acquires cross-border e-commerce business from Pitney Bowes

Global-e has completed its acquisition of Borderfree, a cross-border e-commerce business owned by Pitney Bowes. The company paid $100 million in cash for the business, which helps retailers enter new ...

Other symbols: PBI
1 year ago - FreightWaves

Global-e Announces Closing of Acquisition of Borderfree Cross-Border ecommerce Service from Pitney Bowes

The acquisition is expected to strengthen Global-e's platform offering for enterprise brands. Global-e and Pitney Bowes will also form a cross-border partnership to offer additional services to ecomme...

1 year ago - GlobeNewsWire

Global-E Acquires Borderfree, Expanding Cross-Border Operations

Cross-border end-to-end platform Global-e agreed to acquire Borderfree, a cross-border eCommerce solutions business, from Pitney Bowes, according to a Tuesday (June 21) joint press release, giving Glo...

1 year ago - PYMNTS

Global-E to acquire Pitney Bowes' global shipping business

Global-E Online Ltd. GLBE, +6.72% announced early Tuesday that it has entered into a definitive agreement to acquire Pitney Bowes Inc.'s PBI, +2.07% e-commerce global mailing and shipping business, Bo...

Other symbols: PBI
1 year ago - Market Watch

Global-e to Acquire Borderfree Cross-Border ecommerce Service from Pitney Bowes

The acquisition is expected to strengthen Global-e's platform offering for enterprise brands. Global-e and Pitney Bowes will also form a cross-border partnership to offer additional services to ecomme...

1 year ago - GlobeNewsWire

Global-e Online Sinks After Earnings. Why Analysts Still Have Faith in the Stock.

Wall Street analysts said the next few quarters might be tough for the e-commerce company, but they held on to their bullish ratings for the stock.

1 year ago - Barrons

Global-E Online shares sink after outlook lowered

Shares of cross-border e-commerce business Global-E Online Ltd. GLBE, -7.46% sank 8.4% in early Tuesday trading after it cut its full-year revenue outlook.

1 year ago - Market Watch

Global-E Online Shares Plunged After Q1 Earnings, FY22 Outlook

Global-E Online Ltd (NASDAQ: GLBE) reported first-quarter FY22 sales growth of 65.4% year-over-year, to $76.32 million, beating the consensus of $74.98 million. Gross Merchandise Value (GMV) rose 71% ...

1 year ago - Benzinga