Global-e Online (GLBE) AI Stock Analysis

• Market Cap: $5.69B
• Dividend Yield: N/A
• Average Volume (3M): 863.56K
• Price to Earnings (P/E): 841.6
• Beta (1Y): 1.72
• Revenue Growth: 31.57%
• EPS Growth: N/A
• Country: US
• Employees: 1,084
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 0.07
• Shares Outstanding: 169,435,300
• 10 Day Avg. Volume: 942,507
• 30 Day Avg. Volume: 863,559
• 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: 0.97
• Enterprise Value/Revenue: 6.54
• Enterprise Value/Gross Profit: 14.51
• Enterprise Value/Ebitda: 30.51
• 1Y Price Target: $48.00
• Price Target Upside: 42.94% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: $36.00 ▲(7.21% Upside)

The score is supported primarily by strong cash generation and a low-leverage balance sheet, reinforced by a bullish earnings call with raised guidance and significant free cash flow. These positives are tempered by weak technicals (downtrend with bearish MACD) and a very unattractive valuation (extremely high P/E with no dividend support).

Positive Factors

Free Cash Flow Strength

A large, sustained jump in free cash flow provides durable capital for reinvestment, product development, strategic M&A or shareholder returns. Strong cash conversion reduces reliance on external funding and gives management flexibility to fund growth initiatives and absorb cyclical shocks.

Low Financial Leverage

Very low leverage and a healthy equity ratio create a resilient capital structure that supports multi-year investments and buybacks without straining liquidity. Low debt lowers default risk, preserves borrowing capacity, and enables strategic flexibility across expansion and product roadmap execution.

Strong GMV and Revenue Growth

Sustained double-digit GMV and revenue growth plus new merchant wins demonstrate durable market traction and platform demand. Persistent top-line expansion supports scale benefits, strengthens network effects with merchants, and underpins long-term take-rate and upsell opportunities.

Negative Factors

Negative EBIT and Net Income

Continued negative EBIT and net income indicate the company has yet to fully translate growth into operating profitability. Over the medium term this pressures return on equity and requires sustained margin expansion or structural cost reductions to reach self-sustaining earnings.

Take-Rate and Fulfillment Pressure

Structural declines in take rates and fulfillment fees reduce revenue per GMV and compress unit economics. If enterprise mix and multi-local fulfillment trends persist, sustaining margins will require higher volume, new value-added fees, or improved operational leverage to offset lost fee income.

Tariff and Trade Policy Risk

Shifts in tariffs and trade policy create structural uncertainty for cross-border flows, potentially altering demand, increasing landed costs, and pressuring margins for merchants and the platform. Persistent policy volatility can reshape corridor economics and complicate long-term planning.

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-based fees charged to its e-commerce partners for each cross-border sale facilitated through its platform. The company earns money by taking a percentage of the sales made via its services, which includes fees for currency conversion and payment processing. Additionally, Global-e may charge setup and subscription fees for its platform services, providing a steady revenue stream from merchants looking to expand globally. Strategic partnerships with major e-commerce platforms and payment processors further enhance its earnings potential, enabling the company to tap into a broader customer base and drive higher transaction volumes.

Global-e Online Financial Statement Overview

Summary

Solid balance sheet with very low leverage (debt-to-equity 0.027) and strong cash generation (positive free cash flow and robust cash flow ratios). Offsetting this, profitability remains weak with negative net income and EBIT margins despite stable ~45% gross margin and improving EBITDA margin.

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: Negative
• Last Price: 33.58
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GLBE, the sentiment is Negative. The current price of 33.58 is below the 20-day moving average (MA) of 37.86, below the 50-day MA of 38.84, and below the 200-day MA of 35.47, indicating a bearish trend. The MACD of -1.06 indicates Positive momentum. The RSI at 29.22 is Positive, neither overbought nor oversold. The STOCH value of 16.66 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GLBE.

Global-e Online Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RVLV	66 Neutral	$1.90B	34.61	12.19%	―	9.24%	35.68%
GLBE	63 Neutral	$5.69B	841.60	0.81%	―	31.57%	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
W	58 Neutral	$11.85B	―	―	―	3.35%	42.99%
ETSY	57 Neutral	$5.24B	37.12	―	―	1.98%	-20.98%
TDUP	51 Neutral	$598.18M	-15.35	-35.37%	―	-4.90%	50.77%
JMIA	45 Neutral	$1.40B	―	-102.27%	―	-4.62%	―

Global-e Online Corporate Events

Global-e Online Reports Strong Q3 2025 Results with Significant Growth

On November 19, 2025, Global-e Online Ltd. reported its financial results for the third quarter of 2025, showcasing significant growth across key metrics. The company achieved a 33% increase in Gross Merchandise Value (GMV), a 25% rise in revenue, and a 33% growth in Adjusted EBITDA. Notably, the company’s free cash flow surged by 246% year-over-year to $73.6 million. The results were driven by the expansion of services to new and existing merchants, as well as the introduction of value-added services and solutions. Global-e also announced a $200 million share repurchase program and provided an optimistic outlook for the fourth quarter and full year 2025, raising its guidance for both periods.

The most recent analyst rating on (GLBE) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on Global-e Online stock, see the GLBE Stock Forecast page.