Global-e Online Ltd. (GLBE)
NASDAQ: GLBE · IEX Real-Time Price · USD
33.61
+0.80 (2.44%)
Apr 26, 2024, 4:00 PM EDT - Market closed
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 42.82, with a low estimate of 33 and a high estimate of 50. The average target predicts an increase of 27.40% from the current stock price of 33.61.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 10 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $48 | Strong Buy | Reiterates | $48 | +42.81% | Apr 5, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $40 | Buy | Maintains | $40 | +19.01% | Apr 1, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $50 → $40 | Buy | Maintains | $50 → $40 | +19.01% | Feb 22, 2024 |
| Needham | Needham | Strong Buy Reiterates $48 | Strong Buy | Reiterates | $48 | +42.81% | Feb 22, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $50 | Buy | Reiterates | $50 | +48.77% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
765.12M
from 569.95M
Increased by 34.24%
Revenue Next Year
1.01B
from 765.12M
Increased by 32.01%
EPS This Year
-0.54
from -0.81
EPS Next Year
0.03
from -0.54
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 809.4M | 1.1B | 1.5B | 1.6B | 2.0B |
| Avg | 765.1M | 1.0B | 1.3B | 1.6B | 1.9B |
| Low | 719.5M | 909.1M | 1.1B | 1.5B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 42.0% | 45.1% | 49.5% | 20.1% | 26.6% |
| Avg | 34.2% | 32.0% | 31.8% | 16.6% | 23.0% |
| Low | 26.2% | 18.8% | 10.3% | 12.0% | 18.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.11 | 1.03 | 1.51 |
| Avg | -0.54 | 0.03 | 0.58 |
| Low | -0.69 | -0.51 | 0.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 5,665.7% |
| Avg | - | - | 2,118.3% |
| Low | - | - | 273.7% |
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.