In a recent assessment, Needham analyst Scott Berg revised the price target for Global-e Online (GLBE, Financial), lowering it to $40 from the previous $64, while maintaining a Buy rating. This adjustment is largely due to recent tariff policy changes and DHL's temporary halt on its global business-to-consumer shipments valued over $800 to the United States.
The revisions are in response to potential impacts from changes in de minimis tariff exemptions affecting Chinese and Hong Kong goods. Such changes are expected to reduce Global-e Online's gross merchandise volume (GMV) growth by 50 basis points in the second quarter and by 100 basis points in both the third and fourth quarters. Furthermore, broader reciprocal tariffs might pose an additional 100 basis point challenge.
Moreover, Global-e Online's significant collaboration with DHL indicates that the suspension of certain shipments could further impact GMV growth by another 100 basis points in the second quarter. These factors combined represent considerable challenges for Global-e Online in the coming months, as outlined in the research insights shared with investors.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Global E Online Ltd (GLBE, Financial) is $56.15 with a high estimate of $66.00 and a low estimate of $37.00. The average target implies an upside of 77.14% from the current price of $31.70. More detailed estimate data can be found on the Global E Online Ltd (GLBE) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Global E Online Ltd's (GLBE, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Global E Online Ltd (GLBE, Financial) in one year is $69.34, suggesting a upside of 118.74% from the current price of $31.7. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Global E Online Ltd (GLBE) Summary page.
