Jefferies Reiterates Buy Rating on Global-E Online (GLBE)

Global-E Online Ltd. (NASDAQ:GLBE) is one of the 15 Most Promising Stocks to Buy Right Now.

On May 26, 2026, Jefferies reiterated a Buy rating and $40 price target on Global-E Online Ltd. (NASDAQ:GLBE) after the company agreed to acquire Passport. Jefferies said Passport will add advanced shipping solutions to Global-e’s platform, strengthen return capabilities, and expand the company’s total addressable market. The firm also said the strategic rationale for the deal makes sense and improves Global-e’s competitive positioning.

A day earlier, Global-e Online announced a definitive agreement to acquire Passport Global, a U.S.-based cross-border e-commerce logistics and solutions company. Global-e said the acquisition will strengthen its logistics capabilities through standard shipping solutions supported by an asset-light, multi-carrier network across cross-border, domestic, and last-mile deliveries. Passport is expected to generate approximately $100 million in revenue in calendar year 2026, with a growth rate expected to slightly exceed Global-e’s for the year. The transaction is expected to close in early July 2026, subject to customary closing conditions, including regulatory approvals.

Jefferies Reiterates Buy Rating on Global-E Online (GLBE)

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On May 14, 2026, BofA lowered the firm’s price target on Global-e Online to $40 from $43 and maintained a Buy rating on the shares. BofA said that, looking “beyond the noise” in Q1, the results strengthen its conviction that Global-e is on track to become the de facto platform powering an estimated $114B cross-border eCommerce market by 2030.

Global-E Online Ltd. (NASDAQ:GLBE) provides a direct-to-consumer cross-border e-commerce platform in Israel, the United Kingdom, the United States, and internationally.

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