On Nov 21, major Wall Street analysts update their ratings for $Global-E Online (GLBE.US)$, with price targets ranging from $54 to $64.
BofA Securities analyst Koji Ikeda maintains with a buy rating, and adjusts the target price from $45 to $54.
Wells Fargo analyst Andrew Bauch maintains with a buy rating, and maintains the target price at $60.
Jefferies analyst Samad Samana maintains with a buy rating, and adjusts the target price from $50 to $58.
Needham analyst Scott Berg maintains with a buy rating, and adjusts the target price from $48 to $55.
Piper Sandler analyst Brent Bracelin maintains with a buy rating, and adjusts the target price from $47 to $63.
Furthermore, according to the comprehensive report, the opinions of $Global-E Online (GLBE.US)$'s main analysts recently are as follows:
Following strong Q3 results and an adjusted 2024 guidance with higher midpoints, it is believed that Global-e Online's latest performance endorses the view that it is poised to become the principal standard in the specialized, yet expansive $175B cross-border total addressable market.
Against a relatively high bar, Global-e Online delivered robust third-quarter results and reassured investors that its significant ramp in gross merchandise value for the fourth quarter is well on course. The company provides unique visibility into its growth and free cash flow prospects extending into 2025.
Following a solid third quarter by Global-e Online, durability of growth exceeding 25% for an extended period has been highlighted.
Here are the latest investment ratings and price targets for $Global-E Online (GLBE.US)$ from 7 analysts:
Note:
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