Jefferies Maintains 'Buy' on Global-e Online (NASDAQ: GLBE) Amid Strong Q2 Performance

Font: Financial Modeling Prep  • Aug 12, 2026

• Jefferies reaffirmed its "Buy" rating for Global-e Online, highlighting confidence in the e-commerce platform's future.
• The company reported robust second-quarter financial performance, surpassing analyst expectations for both revenue and earnings per share (EPS).
• Global-e Online raised its full-year 2026 financial outlook, signaling strong management confidence and continued growth momentum.

On August 12, 2026, analyst firm Jefferies maintained its "Buy" rating for Global-e Online (NASDAQ: GLBE). This leading e-commerce platform specializes in helping businesses expand their international sales. At the time of the rating, Global-e Online's stock was priced at $40.55 per share, with the company holding a market capitalization of approximately $6.81 billion.

The positive rating aligns with the company's strong second-quarter financial performance. Global-e Online reported revenue of $299 million, a 39% increase from the same period last year. This figure surpassed Wall Street's consensus estimate by 5.64%, as highlighted by Zacks Equity Research. This robust growth was driven by strong sales from existing merchants and the launch of new ones.

Profitability also showed significant improvement, boosting the overall investor outlook. The company's earnings per share (EPS), which represents the profit allocated to each outstanding share of stock, rose to $0.27. This is a substantial increase from $0.06 in the year-ago quarter and beat analyst expectations by 22.73%. This indicates stronger financial health and operational efficiency.

Another key metric, Gross Merchandise Volume (GMV), grew by 44% year-over-year to over $2 billion. GMV measures the total value of all goods sold through the platform, showing increased activity. The company's Adjusted EBITDA margin, a measure of profitability, also expanded to 20.9%, which the CEO attributed to efficiency gains from AI.

Following these strong results, Global-e Online raised its financial outlook for the full year 2026. The company now expects higher gross merchandise value, revenue, and adjusted EBITDA. This updated forecast reflects management's confidence in maintaining its strong growth momentum for the rest of the year, as stated in a release by GlobeNewswire.