Jefferies (NYSE:JEF) analyst Samad Samana maintained a Buy rating on Global-e Online on Tuesday, setting a price target of $80, which is approximately 23.27% above the present share price of $64.9.
Samana expects Global-e Online to post earnings per share (EPS) of -$0.19 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Global-e Online, with an average price target of $76.33.
The analysts price targets range from a high of $80 to a low of $68.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $59.12 million and a net profit of -$28.09 million. The company's market cap is $9.45 billion.
According to TipRanks.com, Jefferies analyst Samad Samana is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.4% and a 69.12% success rate.
Global E Online Ltd provides e-commerce solutions. It 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 to, anywhere in the world. It localizes the shopper experience in an effort 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.