Global-e Online (GLBE) Receives a Buy from Goldman Sachs
In a report released yesterday, Will Nance from Goldman Sachs reiterated a Buy rating on Global-e Online, with a price target of $46.00.
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Nance covers the Technology sector, focusing on stocks such as Affirm Holdings, Par Technology, and Fiserv. According to TipRanks, Nance has an average return of -8.6% and a 42.80% success rate on recommended stocks.
In addition to Goldman Sachs, Global-e Online also received a Buy from Piper Sandler’s Brent Bracelin in a report issued yesterday. However, on the same day, Truist Financial maintained a Sell rating on Global-e Online (NASDAQ: GLBE).
Based on Global-e Online’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $214.88 million and a net profit of $10.49 million. In comparison, last year the company earned a revenue of $168.01 million and had a GAAP net loss of $22.44 million
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- Global-e Online price target raised to $48 from $42 at Piper Sandler
- Global-e Online: Strong Financial Performance and Strategic Positioning Justify Buy Rating
- Global-e Online: Strong Financial Performance and Promising Growth Drive Buy Rating
- Global-e Online Ltd. Reports Strong Q3 2025 Results
- Global-E’s Earnings Call Highlights Robust Growth and Strategic Initiatives
