Global-E Online (NASDAQ:GLBE - Get Free Report) is expected to be releasing its earnings data before the market opens on Wednesday, February 19th. Analysts expect Global-E Online to post earnings of ($0.01) per share and revenue of $250.96 million for the quarter. Investors interested in listening to the company's conference call can do so using this link.
Global-E Online Trading Down 1.5 %
NASDAQ GLBE traded down $0.92 during mid-day trading on Wednesday, reaching $61.66. 1,304,351 shares of the company's stock traded hands, compared to its average volume of 1,265,330. The company has a fifty day simple moving average of $56.11 and a 200-day simple moving average of $44.49. Global-E Online has a 1-year low of $28.11 and a 1-year high of $62.96. The company has a market cap of $10.13 billion, a price-to-earnings ratio of -106.31, a P/E/G ratio of 6.16 and a beta of 1.23.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on GLBE. Jefferies Financial Group lifted their price target on shares of Global-E Online from $45.00 to $50.00 and gave the stock a "buy" rating in a research note on Monday, November 18th. Raymond James boosted their target price on shares of Global-E Online from $41.00 to $55.00 and gave the stock an "outperform" rating in a research report on Thursday, November 21st. The Goldman Sachs Group lifted their price target on Global-E Online from $56.00 to $63.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Piper Sandler boosted their price objective on Global-E Online from $63.00 to $66.00 and gave the company an "overweight" rating in a report on Monday, January 6th. Finally, UBS Group reduced their target price on Global-E Online from $50.00 to $48.00 and set a "buy" rating on the stock in a report on Friday, October 18th. One analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $54.08.
Read Our Latest Report on GLBE
Global-E Online Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Global-E Online, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Global-E Online wasn't on the list.
While Global-E Online currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
