Global-e Online (NASDAQ:GLBE) Shares Gap Up – Here’s Why

06 Jun 2026, 10:33 by Michael Walen · The Markets Daily

Shares of Global-e Online Ltd. (NASDAQ:GLBE – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $31.79, but opened at $33.56. Global-e Online shares last traded at $33.6590, with a volume of 83,177 shares traded.

Wall Street Analysts Forecast Growth

GLBE has been the topic of a number of recent analyst reports. Benchmark reiterated a “buy” rating on shares of Global-e Online in a research report on Wednesday, May 27th. Weiss Ratings downgraded Global-e Online from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 8th. BMO Capital Markets initiated coverage on Global-e Online in a research report on Tuesday, April 21st. They issued an “outperform” rating and a $42.00 price objective on the stock. Needham & Company LLC reiterated a “buy” rating on shares of Global-e Online in a research report on Wednesday, May 27th. Finally, Truist Financial lowered their price target on Global-e Online from $37.00 to $34.00 and set a “hold” rating on the stock in a research report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $43.92.

View Our Latest Analysis on Global-e Online

Global-e Online Stock Down 2.3%

The stock has a 50-day simple moving average of $30.94 and a two-hundred day simple moving average of $34.78. The firm has a market cap of $5.45 billion, a PE ratio of 49.43 and a beta of 1.16.

Global-e Online (NASDAQ:GLBE – Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.09. Global-e Online had a return on equity of 12.64% and a net margin of 11.37%.The firm had revenue of $252.09 million for the quarter, compared to analysts’ expectations of $250.78 million. During the same period last year, the firm earned ($0.11) earnings per share. The company’s revenue for the quarter was up 32.8% compared to the same quarter last year. Research analysts expect that Global-e Online Ltd. will post 1.12 earnings per share for the current year.

Insider Activity

In other news, President Nir Debbi sold 9,233 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $33.70, for a total transaction of $311,152.10. Following the transaction, the president directly owned 4,559,466 shares of the company’s stock, valued at approximately $153,654,004.20. This trade represents a 0.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Shahar Tamari sold 25,949 shares of the firm’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $34.79, for a total value of $902,765.71. Following the transaction, the chief operating officer directly owned 3,790,225 shares in the company, valued at $131,861,927.75. This trade represents a 0.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 231,554 shares of company stock valued at $7,645,702. 11.60% of the stock is currently owned by insiders.

Institutional Trading of Global-e Online

Large investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd bought a new stake in shares of Global-e Online in the fourth quarter worth about $39,000. IFP Advisors Inc grew its stake in shares of Global-e Online by 73.3% in the third quarter. IFP Advisors Inc now owns 1,059 shares of the company’s stock worth $38,000 after purchasing an additional 448 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Global-e Online by 67.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,314 shares of the company’s stock worth $47,000 after purchasing an additional 528 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Global-e Online by 780.7% in the second quarter. Tower Research Capital LLC TRC now owns 1,823 shares of the company’s stock worth $61,000 after purchasing an additional 1,616 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in shares of Global-e Online in the fourth quarter worth about $72,000. 94.60% of the stock is owned by institutional investors.

About Global-e Online

(Get Free Report)

Global-e Online Ltd. (NASDAQ: GLBE) is a leading cross-border e-commerce platform that enables online merchants to expand sales internationally. The company’s cloud-based solution integrates with major e-commerce systems to offer localized checkout experiences, dynamic currency conversion, import duties and taxes calculation, fraud prevention, and compliance with local trade regulations. By managing the end-to-end complexities of global transactions, Global-e helps retailers streamline their international operations and deliver a seamless shopping experience to customers worldwide.