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Global-E Online (GLBE) Stock Price, News & Analysis

Global-E Online logo
$41.28 -0.97 (-2.30%)
(As of 03:35 PM ET)

About Global-E Online Stock (NASDAQ:GLBE)

Key Stats

Today's Range
$41.04
$42.01
50-Day Range
$32.76
$42.53
52-Week Range
$27.30
$43.52
Volume
502,792 shs
Average Volume
1.09 million shs
Market Capitalization
$6.78 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$43.09
Consensus Rating
Moderate Buy

Company Overview

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.

Global-E Online Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
27th Percentile Overall Score

GLBE MarketRank™: 

Global-E Online scored higher than 27% of companies evaluated by MarketBeat, and ranked 157th out of 218 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Global-E Online has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Global-E Online has only been the subject of 3 research reports in the past 90 days.

  • Read more about Global-E Online's stock forecast and price target.
  • Earnings Growth

    Earnings for Global-E Online are expected to grow in the coming year, from ($0.50) to ($0.03) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Global-E Online is -64.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Global-E Online is -64.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Global-E Online has a P/B Ratio of 7.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Global-E Online's valuation and earnings.
  • Percentage of Shares Shorted

    8.42% of the float of Global-E Online has been sold short.
  • Short Interest Ratio / Days to Cover

    Global-E Online has a short interest ratio ("days to cover") of 8.6.
  • Change versus previous month

    Short interest in Global-E Online has recently decreased by 9.52%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Global-E Online does not currently pay a dividend.

  • Dividend Growth

    Global-E Online does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    8.42% of the float of Global-E Online has been sold short.
  • Short Interest Ratio / Days to Cover

    Global-E Online has a short interest ratio ("days to cover") of 8.6.
  • Change versus previous month

    Short interest in Global-E Online has recently decreased by 9.52%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Global-E Online has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Global-E Online this week, compared to 5 articles on an average week.
  • Search Interest

    Only 1 people have searched for GLBE on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Global-E Online to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Global-E Online insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    11.60% of the stock of Global-E Online is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    94.60% of the stock of Global-E Online is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Global-E Online's insider trading history.
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GLBE Stock News Headlines

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Brokerages Set Global-E Online Ltd. (NASDAQ:GLBE) Target Price at $43.09
Global-e Online price target raised to $45 from $40 at Wells Fargo
Wells Fargo Remains a Buy on Global-e Online (GLBE)
See More Headlines

GLBE Stock Analysis - Frequently Asked Questions

Global-E Online's stock was trading at $39.63 at the start of the year. Since then, GLBE stock has increased by 5.6% and is now trading at $41.85.
View the best growth stocks for 2024 here
.

Global-E Online Ltd. (NASDAQ:GLBE) released its quarterly earnings data on Wednesday, August, 14th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.16) by $0.03. Global-E Online's revenue was up 26.0% on a year-over-year basis.

Global-E Online (GLBE) raised $360 million in an initial public offering (IPO) on Wednesday, May 12th 2021. The company issued 15,000,000 shares at $23.00-$25.00 per share. Goldman Sachs, Morgan Stanley, Jefferies, Piper Sandler, JMP Securities, KeyBanc Capital Markets and Raymond James served as the underwriters for the IPO.

Top institutional shareholders of Global-E Online include Brown Capital Management LLC (1.12%), Sumitomo Mitsui Trust Group Inc. (0.89%), Spyglass Capital Management LLC (0.85%) and FMR LLC (0.60%).

Shares of GLBE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Global-E Online investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), CrowdStrike (CRWD), Novo Nordisk A/S (NVO) and Adobe (ADBE).

Company Calendar

Last Earnings
8/14/2024
Today
11/14/2024
Next Earnings (Confirmed)
11/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:GLBE
Fax
N/A
Employees
470
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$43.09
High Stock Price Target
$48.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+3.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

Net Income
$-133,800,000.00
Pretax Margin
-16.83%

Debt

Sales & Book Value

Annual Sales
$569.95 million
Cash Flow
$0.23 per share
Book Value
$5.75 per share

Miscellaneous

Free Float
145,201,000
Market Cap
$6.84 billion
Optionable
Optionable
Beta
1.10
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This page (NASDAQ:GLBE) was last updated on 11/14/2024 by MarketBeat.com Staff
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