Global-e Online Ltd. (GLBE)
NASDAQ: GLBE · IEX Real-Time Price · USD
34.78
+0.22 (0.64%)
At close: Jul 19, 2024, 4:00 PM
34.98
+0.20 (0.58%)
Pre-market: Jul 22, 2024, 7:17 AM EDT
Global-e Online Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Global-e Online stock have an average target of 43.45, with a low estimate of 40 and a high estimate of 48. The average target predicts an increase of 24.93% from the current stock price of 34.78.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for GLBE stock from 11 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 5 | 5 | 5 | 6 | 6 | 6 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $37 → $40 | Buy | Maintains | $37 → $40 | +15.01% | Jul 16, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $50 → $47 | Buy | Maintains | $50 → $47 | +35.14% | Jul 12, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $46 | Buy | Reiterates | $46 | +32.26% | Jul 10, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $43 | Strong Buy | Maintains | $43 | +23.63% | Jul 1, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $46 | Buy | Reiterates | $46 | +32.26% | May 28, 2024 |
Financial Forecast
Revenue This Year
764.58M
from 569.95M
Increased by 34.15%
Revenue Next Year
1.01B
from 764.58M
Increased by 31.44%
EPS This Year
-0.53
from -0.81
EPS Next Year
-0.06
from -0.53
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 799.2M | 1.1B | 1.5B | 2.0B | 2.0B |
| Avg | 764.6M | 1.0B | 1.4B | 1.9B | 1.9B |
| Low | 717.0M | 899.6M | 1.2B | 1.8B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 40.2% | 44.3% | 51.2% | 43.7% | 3.3% |
| Avg | 34.1% | 31.4% | 35.6% | 39.5% | 0.4% |
| Low | 25.8% | 17.7% | 16.6% | 34.1% | -3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.44 | 0.25 | 0.86 |
| Avg | -0.53 | -0.06 | 0.70 |
| Low | -0.57 | -0.42 | 0.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.