Global-e Q1: Sales Up 30%, GMV Soars 34%, Extends Strategic Partnership With Shopify
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 14 2025
0mins
Source: Benzinga
Financial Performance: Global-E Online Ltd. reported a 30% year-over-year sales growth to $189.9 million for Q1 FY25, surpassing analyst expectations, with significant increases in Gross Merchandise Value and non-GAAP gross profit.
Future Outlook and Partnerships: The company anticipates continued growth with projected GMV and revenue for Q2 exceeding estimates, alongside a new strategic partnership with Shopify to enhance their service offerings amidst ongoing market volatility.
Analyst Views on RJMG
Wall Street analysts forecast RJMG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RJMG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 27.587
Low
Averages
High
Current: 27.587
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
