Global-e Online Ltd. (GLBE)

NASDAQ: GLBE · IEX Real-Time Price · USD
33.53
-0.40 (-1.18%)
At close: Apr 24, 2024, 4:00 PM
33.45
-0.08 (-0.24%)
After-hours: Apr 24, 2024, 5:42 PM EDT
-1.18%
Market Cap 5.58B
Revenue (ttm) 569.95M
Net Income (ttm) -133.81M
Shares Out 166.31M
EPS (ttm) -0.81
PE Ratio n/a
Forward PE 37.59
Dividend n/a
Ex-Dividend Date n/a
Volume 581,639
Open 34.18
Previous Close 33.93
Day's Range 33.11 - 34.28
52-Week Range 26.01 - 45.72
Beta 1.10
Analysts Strong Buy
Price Target 42.82 (+27.71%)
Earnings Date May 20, 2024

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 923
Stock Exchange NASDAQ
Ticker Symbol GLBE
Full Company Profile

Financial Performance

In 2023, GLBE's revenue was $569.95 million, an increase of 39.33% compared to the previous year's $409.05 million. Losses were -$133.81 million, -31.52% less than in 2022.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for GLBE stock is "Strong Buy." The 12-month stock price forecast is $42.82, which is an increase of 27.71% from the latest price.

Price Target
$42.82
(27.71% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Global-E Reports Fourth Quarter and Full Year 2023 Results

PETAH-TIKVA, Israel, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border ecommerce enablement, today announced financial results ...

2 months ago - GlobeNewsWire

Wix Partners with Global-e to Empower Online Merchants to Expand Their Global Reach and Seamlessly Sell Internationally

This strategic partnership will provide Wix merchants with an advanced cross-border eCommerce solution, simplifying international payments, shipping, tax and compliance NEW YORK , Feb. 20, 2024 /PRNew...

Other symbols: WIX
2 months ago - PRNewsWire

Global-e to Announce Financial Results for the Fourth Quarter and Year End 2023 on February 21, 2024

PETAH-TIKVA, Israel, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE), the leader of Direct-To-Consumer cross border e-commerce enablement, today announced it will report financia...

2 months ago - GlobeNewsWire

Global-e Appoints Three Senior Executives - CEO Europe, Chief Technology Officer and Chief Innovation Officer

PETACH TIKVA, Israel , Feb. 5, 2024 /PRNewswire/ -- Global-e Online Ltd. (Nasdaq: GLBE), the leader of Direct-To-Consumer cross border e-commerce enablement, announced today the appointment of Cristia...

2 months ago - PRNewsWire

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...

5 months 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...

5 months 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...

6 months 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...

9 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...

9 months ago - GlobeNewsWire

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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

2 years 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
2 years 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...

2 years ago - GlobeNewsWire