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Globus Maritime
(NASDAQ:GLBS)
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Rating:63Neutral
Price Target:
$4.00
▲(93.24% Upside)
Action:Reiterated
Date:08/18/26
The score is driven primarily by recovering but still volatile financial performance (profitability and cash flow improved, but durability/consistency and ROE are key risks). Technicals add support with a strong uptrend across key moving averages and positive MACD, while valuation is reasonable with a moderate P/E.
Positive Factors
Revenue and Profitability Recovery
The return to profitability and double-digit revenue growth indicate improved vessel economics and demand capture. If sustained, the stronger margin provides a larger buffer for operating costs and supports reinvestment, although shipping-cycle exposure remains.
Negative Factors
Highly Volatile Earnings
The wide earnings swings show that improved results are not yet proven to be durable. Dependence on freight cycles can produce substantial changes in revenue and margins, making long-term planning, capital allocation and shareholder returns less predictable.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Profitability Recovery
The return to profitability and double-digit revenue growth indicate improved vessel economics and demand capture. If sustained, the stronger margin provides a larger buffer for operating costs and supports reinvestment, although shipping-cycle exposure remains.
Read all positive factors
Globus Maritime (GLBS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$79.21M
Dividend YieldN/A
Average Volume (3M)230.85K
Price to Earnings (P/E)11.6
Beta (1Y)0.56
Revenue Growth47.79%
EPS GrowthN/A
CountryUS
Employees25
SectorIndustrials
Sector Strength72
IndustryMarine Shipping
Share Statistics
EPS (TTM)N/A
Shares Outstanding21,582,300
10 Day Avg. Volume76,818
30 Day Avg. Volume230,854
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.21
Price to Sales (P/S)0.82
P/FCF Ratio-15.98
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$6.00Price Target Upside189.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Globus Maritime Business Overview & Revenue Model
Company Description
Globus Maritime Limited (GML) is an international dry bulk shipping firm that specializes in providing worldwide marine transportation services. The company owns, manages, and operates a fleet of dry bulk carriers, which are essential for shipping...
How the Company Makes Money
Globus Maritime makes money primarily by earning charter revenue from leasing its dry bulk vessels to customers to transport cargo. Its core revenue stream is freight/charter hire, generally structured through (1) time charters, where a customer h...
Globus Maritime Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
58
Neutral
Cash Flow
52
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 52.91M | 44.21M | 34.87M | 31.20M | 61.76M | 43.38M |
| Gross Profit | 16.59M | 9.23M | 6.61M | 2.27M | 28.12M | 21.78M |
| EBITDA | 26.15M | 16.92M | 16.30M | 18.48M | 36.89M | 24.87M |
| Net Income | 6.73M | -1.75M | 431.00K | 5.27M | 24.28M | 14.95M |
Balance Sheet | ||||||
| Total Assets | 294.08M | 288.82M | 320.99M | 231.40M | 225.46M | 185.65M |
| Cash, Cash Equivalents and Short-Term Investments | 29.77M | 26.70M | 46.84M | 74.20M | 52.83M | 45.21M |
| Total Debt | 106.34M | 109.25M | 137.95M | 52.45M | 44.83M | 32.39M |
| Total Liabilities | 112.95M | 112.83M | 144.59M | 55.43M | 54.76M | 39.23M |
| Stockholders Equity | 181.12M | 175.99M | 176.40M | 175.97M | 170.70M | 146.42M |
Cash Flow | ||||||
| Free Cash Flow | 8.38M | -2.27M | -101.90M | -23.73M | -2.48M | -51.22M |
| Operating Cash Flow | 16.35M | 5.58M | 11.29M | -4.46M | 26.91M | 20.75M |
| Investing Cash Flow | -26.58M | -18.49M | -98.92M | 18.46M | -29.01M | -71.96M |
| Financing Cash Flow | -8.42M | -7.68M | 60.27M | 7.37M | 9.72M | 77.39M |
Globus Maritime Technical Analysis
Positive
2.07
Price Trends
2.92
Positive
2.50
Positive
2.06
Positive
Market Momentum
0.22
Negative
65.66
Neutral
79.60
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GLBS, the sentiment is Positive. The current price of 2.07 is below the 20-day moving average (MA) of 3.19, below the 50-day MA of 2.92, and above the 200-day MA of 2.06, indicating a bullish trend. The MACD of 0.22 indicates Negative momentum. The RSI at 65.66 is Neutral, neither overbought nor oversold. The STOCH value of 79.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GLBS.
Globus Maritime Risk Analysis
Globus Maritime disclosed 75 risk factors in its most recent earnings report. Globus Maritime reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Globus Maritime Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $52.59M | 14.59 | 3.87% | ― | -20.22% | -47.01% | |
67 Neutral | $22.51M | 0.29 | 14.21% | ― | 24.97% | ― | |
65 Neutral | $21.76M | 0.63 | 9.57% | ― | 34.61% | -41.81% | |
64 Neutral | $114.52M | 12.28 | 9.92% | ― | 25.27% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | $79.21M | 11.60 | 3.80% | ― | 47.79% | ― | |
57 Neutral | $6.57M | 1.23 | 2.85% | ― | -6.63% | -38.69% |
* Industrials Sector Average
GLBS
Globus Maritime
3.58
2.53
240.95%
PSHG
Performance Shipping
1.75
-0.10
-5.41%
TOPS
Top Ships
0.81
-4.79
-85.54%
PXS
Pyxis Tankers
5.01
2.53
102.02%
EDRY
EuroDry
41.50
30.94
293.13%
CTRM
Castor Maritime
2.31
0.08
3.59%
Globus Maritime Corporate Events
Globus Maritime Posts Strong Q2 2026 Results as TCE and Earnings Surge
Aug 7, 2026
For the second quarter and six-month period ended June 30, 2026, Globus Maritime Limited reported a sharp improvement in financial performance, with revenue rising to $14.6 million in Q2 and $26.9 million in the first half, and net income swinging...
Globus Maritime Sets September 17, 2026 Annual Shareholders Meeting
Aug 4, 2026
Globus Maritime Limited, a Greece-based dry bulk shipowner listed on Nasdaq, operates a relatively modern fleet of nine vessels focused on global transport of key commodity cargoes. The company’s scale and fleet profile position it to serve ...
Globus Maritime Extends Shareholder Rights Plan and Raises Exercise Price
Jul 22, 2026
On July 22, 2026, Globus Maritime Limited amended its existing Shareholders Rights Agreement with Computershare Trust Company, N.A., acting as Rights Agent, to modify key terms of its shareholder rights plan. The company’s board approved ext...
Globus Maritime Swings to Profit on Stronger Q1 2026 Dry Bulk Market
Jun 10, 2026
On June 10, 2026, Globus Maritime reported unaudited results for the quarter ended March 31, 2026, showing a sharp year-on-year improvement in performance. Revenue rose to $12.2 million from $8.6 million in the same period of 2025, adjusted EBITDA...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.