Global-e Online added as long idea at Hedgeye [Seeking Alpha]
Global-E Online Ltd. - ordinary shares (GLBE)
Company Research
Source: Seeking Alpha
"We see Global-e ( GLBE ) as an under-the-radar, high growth, niche player in the cross-border e-commerce industry," Hedgeye analyst Felix Wang wrote in a note on Thursday. GLBE is more of an e-commerce company than a software company, since the company collects service fees (as % of GMV) and fulfillment fees (logistics). We are bullish on the growth of cross-border e-commerce and believe translation, localization and currency/tax services will be in high demand, which is what Global-e excels in." Hedgeye has evidence that shows good adoption trends for their software so far this year. Q1 2024 and FY 2024 GMV estimates for GLBE are "too low," according to Wang. This includes their partnership with Shopify's ( SHOP ) and its recent Markets Pro offering. "Considering GLBE's topline annual growth of +35% (which is 2.5x that of the entire software space average), GLBE's valuation is actually not expensive at 8.5x 2024 EV/sales, Hedgeye's Wang added. "This tells us that there is gener
Show less
Read more
Impact Snapshot
Event Time:
GLBE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GLBE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GLBE alerts
High impacting Global-E Online Ltd. - ordinary shares news events
Weekly update
A roundup of the hottest topics
GLBE
News
- What Is Global-E Online Ltd.'s (NASDAQ:GLBE) Share Price Doing? [Yahoo! Finance]Yahoo! Finance
- Global-E Online Ltd. (NASDAQ: GLBE) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $48.00 price target on the stock.MarketBeat
- Global-e Online Ltd. (NASDAQ: GLBE) had its "overweight" rating re-affirmed by analysts at Wells Fargo & Company. They now have a $40.00 price target on the stock.MarketBeat
- Global-e Announces Filing of Form 20-F for the Fiscal Year Ended December 31, 2023GlobeNewswire
- Global-e Online: Cross-Border E-Commerce Growth To Sustain Demand [Seeking Alpha]Seeking Alpha
GLBE
Earnings
- 2/21/24 - In-Line
GLBE
Sec Filings
- 4/8/24 - Form 144
- 4/3/24 - Form 144
- 4/2/24 - Form 144
- GLBE's page on the SEC website