Global-E Online (GLBE) Expected to Announce Earnings on Wednesday

Global-E Online (NASDAQ:GLBE) is expected to release 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. Persons interested in participating in the company’s earnings conference call can do so using this link.

Global-E Online Price Performance

NASDAQ GLBE opened at $62.84 on Tuesday. The company has a market capitalization of $10.32 billion, a PE ratio of -108.34, a P/E/G ratio of 6.16 and a beta of 1.23. The company has a fifty day moving average of $56.82 and a 200 day moving average of $45.30. Global-E Online has a 1 year low of $28.11 and a 1 year high of $63.25.

Analyst Ratings Changes

A number of research analysts have weighed in on GLBE shares. The Goldman Sachs Group lifted their price objective on shares of Global-E Online from $56.00 to $63.00 and gave the company a “buy” rating in a report on Friday, January 10th. Piper Sandler lifted their price objective on shares of Global-E Online from $63.00 to $66.00 and gave the company an “overweight” rating in a report on Monday, January 6th. Benchmark lifted their price objective on shares of Global-E Online from $41.00 to $45.00 and gave the company a “buy” rating in a report on Monday, November 18th. Wells Fargo & Company lifted their price objective on shares of Global-E Online from $45.00 to $60.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $48.00 price objective on shares of Global-E Online in a report on Monday, November 18th. One investment analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $54.08.

About Global-E Online

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.