Global-e Online (GLBE) AI Stock Analysis

• Market Cap: $6.20B
• Dividend Yield: N/A
• Average Volume (3M): 1.48M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.74
• Revenue Growth: 33.30%
• EPS Growth: 74.42%
• Country: US
• Employees: 1,084
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 0.06
• Shares Outstanding: 169,435,300
• 10 Day Avg. Volume: 1,396,254
• 30 Day Avg. Volume: 1,476,072
• PEG Ratio: 2.72
• Price to Book (P/B): 10.21
• Price to Sales (P/S): 12.12
• P/FCF Ratio: 54.62
• Enterprise Value/Market Cap: 0.84
• Enterprise Value/Revenue: 6.17
• Enterprise Value/Gross Profit: 13.68
• Enterprise Value/Ebitda: 28.77
• 1Y Price Target: $48.57
• Price Target Upside: 37.36% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8

• Rating: 67 Neutral
• Price Target: $40.00 ▲(13.12% Upside)

Global-e Online's overall stock score reflects strong financial performance driven by revenue growth and cash flow generation, despite challenges in profitability. The technical analysis indicates short-term bullish momentum, while valuation concerns due to negative earnings impact the score. The positive sentiment from the earnings call, highlighting strategic growth initiatives, contributes significantly to the overall score.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Global-e's services, enhancing its market position and supporting long-term expansion.

Strategic Partnerships

The extended partnership with DHL strengthens Global-e's logistics capabilities, enhancing service delivery and competitive advantage.

Cash Flow Generation

Robust cash flow generation provides financial flexibility for strategic investments and supports sustainable business growth.

Negative Factors

Profitability Challenges

Ongoing profitability issues may limit Global-e's ability to reinvest in growth and could affect long-term financial stability.

Duty Tariffs Uncertainty

Uncertainty regarding duty tariffs could disrupt trade flows, impacting Global-e's revenue and operational efficiency.

De Minimis Exemption Changes

Changes in de minimis exemptions may affect cross-border sales, posing a risk to Global-e's transaction volumes and revenue.

Global-e Online Business Overview & Revenue Model

Company Description

Global-E Online Ltd., together with its subsidiaries, provides a platform to enable and accelerate direct-to-consumer cross-border e-commerce in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online and merchants to sell from, and to, worldwide. Global-E Online Ltd. was incorporated in 2013 and is headquartered in Petah Tikva, Israel.

How the Company Makes Money

Global-e generates revenue primarily through transaction fees charged to merchants for each sale processed on its platform. The company takes a percentage of the sales made through its services, which can vary based on the type of product and the market. Additionally, Global-e offers premium services, such as advanced analytics and marketing tools, which provide further revenue streams. The company has established significant partnerships with major e-commerce platforms and logistics providers, enhancing its service offerings and expanding its customer base, contributing to its overall earnings.

Global-e Online Financial Statement Overview

Summary

Global-e Online shows strong revenue growth and a solid balance sheet with low leverage. However, challenges in achieving profitability are evident, with negative net income and EBIT margins. Cash flow generation is a positive aspect, indicating operational resilience.

Income Statement

Global-e Online has shown consistent revenue growth with a 5.88% increase in the TTM period. However, the company is struggling with profitability, as indicated by negative net profit and EBIT margins. The gross profit margin remains stable around 45%, suggesting efficient cost management in production. The EBITDA margin has improved, reflecting better operational efficiency, but the negative EBIT margin highlights ongoing challenges in covering operating expenses.

Balance Sheet

The company's balance sheet is relatively strong with a low debt-to-equity ratio of 0.027, indicating low financial leverage and risk. However, the return on equity is negative, reflecting the company's struggle to generate profits from shareholders' equity. The equity ratio is healthy, suggesting a solid capital structure with a significant portion of assets financed by equity.

Cash Flow

Cash flow metrics are positive, with a slight growth in free cash flow and a strong free cash flow to net income ratio, indicating effective cash generation relative to net income. The operating cash flow to net income ratio is also robust, suggesting that the company is generating sufficient cash from operations despite net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	843.64M	752.76M	569.95M	409.05M	245.27M	136.38M
Gross Profit	380.47M	339.43M	233.60M	158.18M	91.43M	43.47M
EBITDA	180.90M	101.61M	35.61M	-159.91M	-65.33M	8.65M
Net Income	-28.42M	-75.55M	-133.81M	-195.41M	-74.93M	3.91M
Balance Sheet
Total Assets	1.22B	1.26B	1.20B	1.16B	846.13M	347.31M
Cash, Cash Equivalents and Short-Term Investments	515.48M	474.44M	317.42M	228.20M	509.07M	91.97M
Total Debt	24.65M	24.86M	23.32M	19.82M	21.32M	4.43M
Total Liabilities	306.71M	370.05M	300.38M	234.48M	150.38M	205.81M
Stockholders Equity	909.09M	893.43M	901.98M	928.12M	695.75M	141.50M
Cash Flow
Free Cash Flow	149.58M	167.06M	106.48M	73.13M	12.87M	28.89M
Operating Cash Flow	152.45M	169.39M	108.22M	81.48M	15.75M	29.35M
Investing Cash Flow	-202.08M	-105.12M	-55.04M	-330.10M	-40.49M	-24.05M
Financing Cash Flow	2.62M	3.28M	1.99M	1.24M	398.61M	59.36M

Global-e Online Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 35.36
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GLBE, the sentiment is Neutral. The current price of 35.36 is below the 20-day moving average (MA) of 36.42, above the 50-day MA of 34.44, and below the 200-day MA of 39.68, indicating a neutral trend. The MACD of 0.44 indicates Positive momentum. The RSI at 48.64 is Neutral, neither overbought nor oversold. The STOCH value of 25.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GLBE.

Global-e Online Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RVLV	73 Outperform	$1.59B	35.55	10.36%	―	10.68%	37.84%
GLBE	67 Neutral	$6.20B	―	-3.18%	―	33.30%	74.42%
JMIA	63 Neutral	$1.47B	―	-176.83%	―	-13.22%	―
TDUP	63 Neutral	$1.13B	―	-58.93%	―	-10.39%	14.92%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
ETSY	59 Neutral	$7.19B	57.89	-39.97%	―	2.38%	-38.88%
W	57 Neutral	$11.20B	―	17.86%	―	0.87%	54.67%

Global-e Online Corporate Events

Global-E Online Launches $200 Million Share Repurchase Program

On September 4, 2025, Global-E Online Ltd. announced the authorization of a $200 million share repurchase program, marking its first-ever initiative of this kind. This move reflects the company’s confidence in its financial health and commitment to enhancing shareholder value, while maintaining the flexibility to invest in strategic initiatives. The repurchase program allows for the acquisition of shares through various methods, subject to market conditions and regulatory compliance, and is expected to be funded by the company’s existing cash reserves and future cash flows.

Global-E Online Reports Strong Q2 2025 Results and Expands Partnerships

On August 13, 2025, Global-E Online Ltd. announced its financial results for the second quarter of 2025, showcasing a strong performance with a 34% year-over-year increase in Gross Merchandise Value (GMV) and a 28% rise in revenue. The company achieved sustainable GAAP profitability and expanded its business by onboarding new merchants and extending partnerships, such as a renewed agreement with DHL. Additionally, Global-E acquired ReturnGo, enhancing its capabilities in AI-enabled return solutions. The company raised its full-year guidance, indicating confidence in continued growth.

Global-e Online Acquires ReturnGo to Boost Post-Purchase Solutions

On July 31, 2025, Global-e Online Ltd. announced its acquisition of ReturnGo Ltd., a company known for its AI-powered return and exchange solutions. This strategic move aims to enhance Global-e’s post-purchase offerings by integrating ReturnGo’s technology into its platform, allowing merchants to offer superior return experiences. While the acquisition is not expected to significantly impact Global-e’s revenue or financial results, it is anticipated to improve customer satisfaction and loyalty, thereby strengthening Global-e’s competitive position in the global e-commerce market.

Global-E Online Extends Strategic Partnership with DHL

On July 22, 2025, Global-E Online Ltd. announced the extension of its strategic partnership with DHL International (UK) Limited through a First Amendment to their Global Service Agreement, renewing the collaboration for an additional three years. This agreement, along with an amendment to a commercial side letter with DHL International GmbH, signifies a continued commitment to enhancing logistics and service offerings worldwide, potentially strengthening Global-E’s market position and operational capabilities in the e-commerce sector.