Global-E Online (GLBE) Scheduled to Post Earnings on Wednesday

Global-E Online (NASDAQ:GLBE) is set to release its earnings data before the market opens on Wednesday, November 20th. Analysts expect Global-E Online to post earnings of ($0.15) per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Global-E Online Stock Up 1.3 %

NASDAQ:GLBE opened at $40.82 on Tuesday. Global-E Online has a 12-month low of $28.11 and a 12-month high of $43.52. The firm has a market capitalization of $6.70 billion, a P/E ratio of -62.80 and a beta of 1.10. The stock’s fifty day simple moving average is $38.28 and its 200-day simple moving average is $34.85.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GLBE. Bank of America reduced their price target on Global-E Online from $47.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, August 15th. Jefferies Financial Group raised their price objective on Global-E Online from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday. Piper Sandler reissued a “buy” rating on shares of Global-E Online in a research note on Friday, October 18th. UBS Group dropped their price target on Global-E Online from $50.00 to $48.00 and set a “buy” rating on the stock in a research note on Friday, October 18th. Finally, Benchmark raised their price objective on Global-E Online from $41.00 to $45.00 and gave the company a “buy” rating in a report on Monday. One analyst has rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $44.27.

Global-E Online Company Profile

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.