In a report released today, Jan Hatzius from Goldman Sachs maintained a Buy rating on Global-e Online, with a price target of $44.00. The company’s shares closed last Friday at $33.88.
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According to TipRanks, Hatzius is a 2-star analyst with an average return of 12.6% and a 100.00% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Global-e Online with a $47.63 average price target.
Based on Global-e Online’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $214.88 million and a net profit of $10.49 million. In comparison, last year the company earned a revenue of $168.01 million and had a GAAP net loss of $22.44 million
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- Global-E Online Launches $200 Million Share Repurchase Program
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