Added to YB: 2024-03-22
Pitch date: 2024-03-19
GLBE [bullish]
Global-E Online Ltd.
+12.31%
current return
Author Info
No bio for this author
Company Info
Global-E Online Ltd., together with its subsidiaries, provides direct-to-consumer cross-border e-commerce platform in Israel, the United Kingdom, the United States, and internationally.
Market Cap
$6.1B
Pitch Price
$35.75
Price Target
46.00 (+15%)
Dividend
N/A
EV/EBITDA
41.02
P/E
921.41
EV/Sales
6.26
Sector
Broadline Retail
Category
growth
Global-E Online Ltd. Expects Strong Growth Driven by New Solutions (JMP)
GLBE: JMP reiterates Outperform, $46 PT for 2025. CEO highlights strong long-term indicators despite consumer volatility. Attractive opportunity as cross-border ecommerce leader with $100B+ TAM, 33% growth, 19% adj EBITDA margin in Q4. Growth drivers: Shopify Markets Pro, large merchants, new demand gen solution.
Read full article (2 min)