Global E Online (GLBE)

• Market cap: $9.18B
• 1 day: 2.29%
• 5 days: -0.61%
• 1 month: 4.82%
• 3 months: 50.22%
• 6 months: 52.89%
• Year to date: 2.29%
• 1 year: 47.48%
• 5 years: 115.61%
• 10 years: 115.61%

About: Global E Online Ltd provides e-commerce solutions. The company offers a platform to enable and accelerate global, direct-to-consumer cross-border e-commerce. The platform was purpose-built for international shoppers to buy seamlessly online and for merchants to sell from, and, anywhere in the world. The company localizes the shopper experience to make international transactions as seamless as domestic ones. The platform increases the conversion of international traffic into sales by removing much of the complexity associated with international e-commerce.

Employees: 923

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

69% more call options, than puts

Call options by funds: $148M | Put options by funds: $87.4M

34% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 64

29% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 34

3% more funds holding

Funds holding: 224 [Q2] → 230 (+6) [Q3]

7% less capital invested

Capital invested by funds: $4.73B [Q2] → $4.42B (-$309M) [Q3]

9.22% less ownership

Funds ownership: 78.11% [Q2] → 68.89% (-9.22%) [Q3]

10% less funds holding in top 10

Funds holding in top 10: 10 [Q2] → 9 (-1) [Q3]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $40 27% downside
• Avg. target: $55 0% upside
• High target: $64 16% upside

10 analyst ratings

• positive: 9 90%
• neutral: 1 10%
• negative: 0 0%

Keybanc Justin Patterson 51% 1-year accuracy 34 / 67 met price target	0% upside $55	Overweight Maintained	26 Nov 2024
Raymond James Brian Peterson 48% 1-year accuracy 10 / 21 met price target	0% upside $55	Outperform Maintained	21 Nov 2024
Benchmark Mark Zgutowicz 70% 1-year accuracy 39 / 56 met price target	9% upside $60	Buy Maintained	21 Nov 2024
Wells Fargo Andrew Bauch 71% 1-year accuracy 25 / 35 met price target	9% upside $60	Overweight Maintained	21 Nov 2024
JMP Securities Patrick Walravens 57% 1-year accuracy 62 / 108 met price target	16% upside $64	Market Outperform Maintained	21 Nov 2024