Global-E Online Ltd (GLBE) PT Raised to $47 at BofA Securities

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Go back to Global-E Online Ltd (GLBE) PT Raised to $47 at BofA Securities

Morgan Stanley Upgrades Global-E Online Ltd (GLBE) to Overweight

May 21, 2024 2:53 AM EDT

Morgan Stanley analyst James Faucette upgraded Global-E Online Ltd (NASDAQ: GLBE) from Equalweight to Overweight with a price target of $37.00 (from $33.00).

The analyst comments: "We have increased confidence in the company's ability to execute on the implied 2H24 acceleration, with cushion coming... More

Global-e Online (GLBE) Tops Q1 EPS by 3c, provides guidance

May 20, 2024 7:06 AM EDT

Global-e Online (NASDAQ: GLBE) reported Q1 EPS of ($0.19), $0.03 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $145.9 million versus the consensus estimate of $141.49 million.

GUIDANCE:

Global-e Online sees Q2 2024 revenue of $162.5-168.5 million, versus the consensus of... More