Morgan Stanley Cuts Global-e Online (NASDAQ:GLBE) Price Target to $37.00

Global-e Online (NASDAQ:GLBE) had its target price dropped by stock analysts at Morgan Stanley from $43.00 to $37.00 in a report released on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Morgan Stanley’s price objective would suggest a potential upside of 34.35% from the stock’s current price.

A number of other analysts have also issued reports on GLBE. Jefferies Financial Group reiterated a “buy” rating and set a $40.00 price target on shares of Global-e Online in a research note on Wednesday. Wall Street Zen lowered shares of Global-e Online from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. KeyCorp cut their target price on shares of Global-e Online from $45.00 to $40.00 and set an “overweight” rating on the stock in a research note on Thursday, February 19th. BMO Capital Markets assumed coverage on shares of Global-e Online in a research note on Tuesday, April 21st. They set an “outperform” rating and a $42.00 target price on the stock. Finally, Benchmark upped their target price on shares of Global-e Online from $52.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $45.29.

Global-e Online Price Performance

Shares of NASDAQ:GLBE opened at $27.54 on Thursday. The firm has a market capitalization of $4.67 billion, a PE ratio of 74.43 and a beta of 1.18. The firm’s 50-day moving average is $32.20 and its two-hundred day moving average is $35.43. Global-e Online has a 1 year low of $26.84 and a 1 year high of $41.94.

Global-e Online (NASDAQ:GLBE) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.09. The company had revenue of $252.09 million for the quarter, compared to analyst estimates of $250.83 million. Global-e Online had a net margin of 7.10% and a return on equity of 7.46%. The business’s revenue for the quarter was up 32.8% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.11) earnings per share. Analysts expect that Global-e Online will post 1.1 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Amir Schlachet sold 6,194 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $32.45, for a total transaction of $200,995.30. Following the sale, the chief executive officer directly owned 3,967,884 shares in the company, valued at approximately $128,757,835.80. This represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Nir Debbi sold 4,166 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $32.57, for a total transaction of $135,686.62. Following the sale, the president owned 4,290,693 shares in the company, valued at $139,747,871.01. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 167,708 shares of company stock worth $5,586,117. Company insiders own 11.60% of the company’s stock.

Hedge Funds Weigh In On Global-e Online

Several hedge funds have recently added to or reduced their stakes in the stock. Sei Investments Co. increased its stake in Global-e Online by 0.3% in the first quarter. Sei Investments Co. now owns 310,182 shares of the company’s stock valued at $9,569,000 after purchasing an additional 1,025 shares during the last quarter. State of Wyoming increased its stake in Global-e Online by 62.6% in the first quarter. State of Wyoming now owns 60,299 shares of the company’s stock valued at $1,860,000 after purchasing an additional 23,210 shares during the last quarter. Hsbc Holdings PLC purchased a new position in Global-e Online in the first quarter valued at approximately $3,175,000. Seelaus Asset Management LLC purchased a new position in Global-e Online in the first quarter valued at approximately $231,000. Finally, Bronte Capital Management Pty Ltd. purchased a new position in Global-e Online in the first quarter valued at approximately $6,574,000. 94.60% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Global-e Online

Here are the key news stories impacting Global-e Online this week:

• Positive Sentiment: Q1 revenue rose 33% year over year to $252.1 million, slightly ahead of estimates, while EPS came in at $0.27 versus the $0.18 consensus. Global-E Online Ltd. (GLBE) Q1 2026 Earnings Call Transcript
• Positive Sentiment: Gross merchandise value jumped 40% to $1.74 billion, and adjusted EBITDA increased 59% to $50.2 million, showing strong operating leverage and improving profitability. Global-e Achieves “Rule of 50” Again with Meaningful GMV, Revenue and Profit Expansion in the First Quarter of 2026, Raises Outlook for the Year
• Positive Sentiment: Management raised FY 2026 guidance for GMV, revenue, and adjusted EBITDA, which signals confidence in continued growth. Global-E Online: Europe And Asia Drive Accelerated Growth
• Neutral Sentiment: Free cash flow remained negative at about $72.9 million for the quarter, and the company continued to use cash despite strong top-line growth.
• Neutral Sentiment: Global-e also completed $59 million in share repurchases during the quarter, which supports EPS but reduces cash on hand.
• Negative Sentiment: The pullback may reflect profit-taking and broader concern that the company is still valued at a premium multiple despite ongoing cash burn and continued losses under GAAP.

Global-e Online Company Profile

Global-e Online Ltd. (NASDAQ: GLBE) is a leading cross-border e-commerce platform that enables online merchants to expand sales internationally. The company’s cloud-based solution integrates with major e-commerce systems to offer localized checkout experiences, dynamic currency conversion, import duties and taxes calculation, fraud prevention, and compliance with local trade regulations. By managing the end-to-end complexities of global transactions, Global-e helps retailers streamline their international operations and deliver a seamless shopping experience to customers worldwide.

Central to Global-e’s offering is a comprehensive suite of services that includes customizable checkout in the buyer’s local language, real-time display of prices in over 140 currencies, support for region-specific payment methods, and transparent calculation of duties and taxes at point of sale.