Global-E Online (GLBE) Stock Forecast & Price Target

$38.07

+0.37 (+0.98%)

(As of 09/27/2024 ET)

Global-E Online - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 11 Analyst Ratings

Sell
0

Hold
0

Buy
11

Based on 11 Wall Street analysts who have issued ratings for Global-E Online in the last 12 months, the stock has a consensus rating of "Buy." Out of the 11 analysts, 11 have given a buy rating for GLBE.

Consensus Price Target

$42.82
12.47% Upside

According to the 11 analysts' twelve-month price targets for Global-E Online, the average price target is $42.82. The highest price target for GLBE is $48.00, while the lowest price target for GLBE is $38.00. The average price target represents a forecasted upside of 12.47% from the current price of $38.07.

GLBE Analyst Ratings Over Time

Type	Current Forecast 9/29/23 to 9/28/24	1 Month Ago 8/30/23 to 8/29/24	3 Months Ago 7/1/23 to 6/30/24	1 Year Ago 9/29/22 to 9/29/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	11 Buy rating(s)	11 Buy rating(s)	11 Buy rating(s)	9 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$42.82	$42.82	$43.83	$46.10
Forecasted Upside	12.47% Upside	26.83% Upside	20.85% Upside	16.00% Upside
Consensus Rating	Buy	Buy	Buy	Moderate Buy

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GLBE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

GLBE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Global-E Online Stock vs. The Competition

Type	Global-E Online	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	3.00	2.49	2.50
Consensus Rating	Buy	Hold	Hold
Predicted Upside	12.47% Upside	36.13% Upside	6.14% Upside
News Sentiment Rating	Positive News See Recent GLBE News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/15/2024	KeyCorp 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$40.00 ➝ $38.00	+17.32%
8/15/2024	Bank of America 4 of 5 stars		Lower Target	Buy ➝ Buy	$47.00 ➝ $45.00	+40.62%
8/15/2024	Needham & Company LLC 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$48.00 ➝ $48.00	+52.24%
8/15/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$47.00 ➝ $44.00	+39.55%
7/16/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$37.00 ➝ $40.00	+8.31%
7/10/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Walravens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Market Outperform ➝ Market Outperform	$46.00 ➝ $46.00	+25.96%
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7/1/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$43.00 ➝ $43.00	+18.10%
5/21/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$41.00	+31.88%
4/1/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$40.00	+11.20%
11/16/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$50.00 ➝ $45.00	+51.41%
11/16/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$45.00 ➝ $41.00	+42.61%
8/8/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$40.00 ➝ $45.00	+19.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 03:08 PM ET.

GLBE Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Global-E Online is $42.82, with a high forecast of $48.00 and a low forecast of $38.00.
: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Global-E Online in the last twelve months. There are currently 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GLBE shares.
: According to analysts, Global-E Online's stock has a predicted upside of 12.47% based on their 12-month stock forecasts.
: Global-E Online has been rated by research analysts at Bank of America, JMP Securities, KeyCorp, Morgan Stanley, Needham & Company LLC, Piper Sandler, and The Goldman Sachs Group in the past 90 days.
: Analysts like Global-E Online more than other "retail/wholesale" companies. The consensus rating for Global-E Online is Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how GLBE compares to other companies.