GLBE Falls Below 5-Day SMA Amid Strong Earnings
Shares of Global-e Online Ltd. (GLBE.O) declined today, crossing below the 5-day simple moving average, indicating a shift in short-term momentum. Despite reporting robust third-quarter results, including a 33% increase in Gross Merchandise Value (GMV) and a net profit turnaround, the stock faced selling pressure. Analysts noted that while the company raised its guidance for Q4 and fiscal 2025, the market reaction has been cautious, reflecting investor sentiment amidst broader economic concerns. The recent $200 million share repurchase program signals confidence in future growth, yet the technical breakdown may prompt further scrutiny from traders.
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- Strong Performance: Global-e Online reported fourth-quarter revenue of $336.7 million, a 28% year-over-year increase that surpassed Wall Street expectations, with adjusted earnings per share rising to 49 cents from 30 cents, indicating robust profitability and market demand.
- Key Operating Metric Growth: The company's gross merchandise value (GMV) reached $2.36 billion, up 37.8% year-over-year, reflecting successful launches in the luxury and consumer goods sectors, which further solidified its market position.
- Strong Future Guidance: Global-e Online's 2026 outlook excited investors, with first-quarter revenue expected between $247 million and $254 million and full-year sales projected between $1.21 billion and $1.27 billion, both exceeding analyst expectations and indicating sustained market demand.
- Significant Stock Surge: Following the earnings release, Global-e Online's shares surged approximately 11.9% by midday Wednesday, reflecting market optimism about the company's growth potential, which has driven its market capitalization to $5 billion.
- Strong Economic Data: US December capital goods new orders rose 0.6% month-over-month, exceeding expectations of 0.3%, indicating a rebound in capital spending that boosts market confidence and drives stock prices higher.
- Housing Market Recovery: December housing starts increased by 6.2% month-over-month to 1.404 million, significantly surpassing the expected 1.304 million, suggesting a recovery in the housing market that could stimulate investment and consumption in related sectors.
- Manufacturing Production Growth: January manufacturing production rose by 0.6% month-over-month, stronger than the expected 0.4%, marking the largest increase in 11 months, indicating a recovery in manufacturing that supports overall economic growth expectations.
- Optimistic Stock Market Performance: Over 75% of S&P 500 companies reported earnings that beat expectations, with Q4 earnings growth projected at 8.4%, providing strong support for the stock market despite lingering doubts about future interest rate policies.
- Strong Economic Data: US December capital goods new orders rose 0.6% month-over-month, surpassing expectations of 0.3%, indicating a rebound in capital spending and boosting market confidence in economic recovery.
- Housing Market Recovery: December housing starts increased by 6.2% month-over-month to 1.404 million, significantly exceeding expectations of 1.304 million, suggesting a revival in the real estate market that could drive growth in related sectors.
- Manufacturing Production Growth: January manufacturing production rose 0.6% month-over-month, beating expectations of 0.4%, marking the largest increase in 11 months, which indicates a recovery momentum in manufacturing that may further propel economic growth.
- Optimistic Corporate Earnings: Over 75% of S&P 500 companies reported earnings that exceeded expectations, with Q4 earnings growth projected at 8.4%, which will further boost market sentiment and attract investor interest.
- Strong Economic Data: US December capital goods new orders rose 0.6% month-over-month, exceeding expectations of 0.3%, indicating a rebound in capital spending that could further boost stock markets.
- Housing Market Recovery: December housing starts increased by 6.2% month-over-month to 1.404 million, significantly surpassing the expected 1.304 million, suggesting a recovery in the real estate market that may enhance investment confidence in related sectors.
- Manufacturing Production Growth: January manufacturing production rose 0.6% month-over-month, beating expectations of 0.4%, marking the largest increase in 11 months, which could strengthen market confidence in economic recovery.
- Optimistic Corporate Earnings: Over 75% of S&P 500 companies reported earnings that exceeded expectations, with Q4 earnings growth projected at 8.4%, reflecting ongoing improvements in corporate profitability that may further drive stock market gains.

Market Opening: U.S. stock markets are set to open in two hours.
Global-E Online Ltd. Performance: Global-E Online Ltd. (GLBE) saw an increase of 18.3% in pre-market trading.
Garmin Ltd. Performance: Garmin Ltd. (GRMN) experienced a rise of 11.8% in pre-market trading.
Overall Market Sentiment: The significant gains in these companies indicate positive market sentiment ahead of the market opening.
- Earnings Surprise: Global-e Online reported an adjusted EPS of $0.49 for Q4 on revenues of $337 million, exceeding Wall Street's expectations of $0.40 and $328 million, indicating robust profitability and strong market demand.
- Optimistic FY26 Outlook: The company forecasts FY26 revenues between $1.21 billion and $1.27 billion, surpassing the $1.18 billion consensus from Wall Street analysts, reflecting Global-e's confidence in future growth and market potential.
- Q1 Revenue Forecast: Global-e anticipates Q1 revenues in the range of $247 million to $254 million, significantly above Wall Street's expectation of $232 million, showcasing the company's competitive edge and strong customer demand.
- Positive Market Sentiment: Retail sentiment on Stocktwits for Global-e hovered in the 'bullish' territory with high message volumes, indicating investor optimism regarding the company's future performance.










