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The Latest Breaking News from GLBE

3 Retailers Poised to Outmaneuver Tariff and Recession Concerns

A handful of retailers may stand out from the crowd as being uniquely positioned to thrive amid external tariff, inflation, and recession challenges.

2 Growth Stocks Under $50 to Buy and Hold for the Long Term

2 Growth Stocks Under $50 to Buy and Hold for the Long Term

These companies have the ability to grow your portfolio, as long as you commit to them for the long haul.

2 Stocks Flying Under The Radar That Could Soar This Year

2 Stocks Flying Under The Radar That Could Soar This Year

Investing in under-the-radar stocks operating in emerging industries can help to diversify a portfolio.

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Are Wix.com (WIX) and Global-E Online (GLBE) Worth Buying Now?

The growing internet usage, coupled with increasing digitization, has strengthened the internet services industry. Given this backdrop, let’s analyze whether internet services stocks Global-E Online (GLBE) and Wix.com (WIX) are worth buying now. Read on….

Is Global-e Online (GLBE) an Internet Retail Stock to Buy Now?

Online retailer Global-e Online (GLBE) reported its third-quarter results recently, posting narrowing losses. Should you invest in the stock now? Let’s look at its financial metrics to know more….

Goldman Sachs: These 3 Stocks Could Gain More Than 20% by Next Summer

The stock market seems on track to post its worst first half in decades. And the volatility is not expected to subside anytime soon. Despite the market fluctuations, Goldman Sachs analysts expect fundamentally sound stocks Adobe (ADBE), Global-e Online (GLBE), and Innoviz (INVZ) to rally more than 20% in the…

Globl-E Online Bolsters Platform Offering For Enterprise Brands - Read How

Global-E Online Ltd (NASDAQ:GLBE) has entered into a definitive agreement with Pitney Bowes Inc (NYSE:PBI) to acquire Borderfree cross-border eCommerce solutions business for about $100 million in cash. Borderfree helps retailers enter new global markets by localizing their domestic websites in 200+ countries and territories. The acquisition is expected to strengthen Global-E's platform offering for…

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Is Global-e Online a Good E-Commerce Stock to Invest In?

Is Global-e Online a Good E-Commerce Stock to Invest In?

Despite increasing revenue by 65% in the first quarter of 2022, Global-e Online Ltd.’s (GLBE) net loss widened compared to the year-ago period. Although the company has signed new partnerships with global brands, it has reduced its revenue outlook for fiscal 2022 due to macroeconomic and geopolitical uncertainties. So, is…

Global-E Online Shares Plunged After Q1 Earnings, FY22 Outlook

Global-E Online Shares Plunged After Q1 Earnings, FY22 Outlook

Global-E Online Ltd (NASDAQ:GLBE) reported first-quarter FY22 sales growth of 65.4% year-over-year, to $76.32 million, beating the consensus of $74.98 million. Gross Merchandise Value (GMV) rose 71% Y/Y to $455 million. Adjusted gross margin expanded by 580 bps to 39.1%. Loss per share was $(0.35), versus $(0.08) last year. The company incurred…

Morgan Stanley Maintains Overweight Rating for Global E Online: Here's What You Need To Know

Morgan Stanley Maintains Overweight Rating for Global E Online: Here's What You Need To Know

Morgan Stanley has decided to maintain its Overweight rating of Global E Online (NASDAQ:GLBE) and lower its price target from $70.00 to $48.00. Shares of Global E Online are trading down 8.99% over the last 24 hours, at $18.01 per share.

Analyst Ratings For Global E Online

Analyst Ratings For Global E Online

Analysts have provided the following ratings for Global E Online (NASDAQ:GLBE) within the last quarter:

Global-E Online Shares Pop On Solid Q1, FY22 Outlook

Global-E Online Shares Pop On Solid Q1, FY22 Outlook

Global-E Online Ltd (NASDAQ:GLBE) reported fourth-quarter FY21 sales growth of 54% year-on-year, to $82.7 million, beating the consensus of $77.63 million. Gross Merchandise Value (GMV) rose 66% Y/Y to $505 million. Revenue from Service fees grew by 73.4%, and Fulfillment services increased by 42.6%. The gross profit increased 81.7% Y/Y to $32.6 million,…

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