Jefferies says Global-e Q4 report not enough to push shares higher in short term

Jefferies notes that Global-e Online’s (GLBE) Q4 GMV growth of 44% year-over-year and total revenue growth of 42% beat consensus and that the midpoint of the 2025 outlook implies about 30.5% year-over-year GMV growth and about 20% EBITDA margin, both “largely meeting consensus.” The print was “solid, but not enough to push shares higher in the short term,” adds the analyst, who has a Buy rating and $66 price target on Global-e shares.