Global-E Online Ltd. (GLBE) is scheduled to report 1st quarter earnings on 05/22/2023, before the market opens.
Regarding Q1 estimates, Wall Street analysts expect Global-E Online Ltd. to post earnings of -$0.29 per share. Revenue expectations are pegged at $111.67 million. Last quarter, Global-E Online Ltd. beat earnings estimates, reporting EPS of -$0.18 on estimates of -$0.29. The stock rose by 13.03% the day after the last earnings release.
Year-to-date, GLBE stock has risen by 73.20%.
Is Global-E Online Ltd. Stock a Buy?
Wall Street’s consensus rating for GLBE stock is a Strong Buy, with an average analyst price target of $39.67, implying upside potential of 10.38% from current levels.
GLBE shares have gained about 76.00% in the past six months.
About Global-E Online Ltd.
Global E Online Ltd provides e-commerce solutions. It offers a platform to enable and accelerate global, direct-to-consumer cross-border e-commerce. The platform was purpose-built for international shoppers to buy seamlessly online and for merchants to sell from, and to, anywhere in the world. It localizes the shopper experience in an effort to make international transactions as seamless as domestic ones. The platform increases the conversion of international traffic into sales by removing much of the complexity associated with international e-commerce.
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