On June 2, 2025, Truist Securities initiated coverage on Global E Online (GLBE, Financial) with a "Sell" rating. The analyst responsible for this coverage, Matthew Coad, set a price target of USD 31.00 for the stock.
The price target of USD 31.00 represents the current valuation estimate for Global E Online (GLBE, Financial). This initiation by Truist Securities marks the beginning of their coverage for this particular stock, with no prior rating or price target presented by the firm.
Investors should note that this "Sell" rating indicates Truist Securities' recommendation to reduce holdings in Global E Online (GLBE, Financial), reflecting their current assessment of the company's market position and future prospects.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Global E Online Ltd (GLBE, Financial) is $47.87 with a high estimate of $64.00 and a low estimate of $39.00. The average target implies an upside of 50.15% from the current price of $31.88. More detailed estimate data can be found on the Global E Online Ltd (GLBE) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Global E Online Ltd's (GLBE, Financial) average brokerage recommendation is currently 1.9, 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 $68.91, suggesting a upside of 116.15% from the current price of $31.88. 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.
