Global-E Online Ltd. (GLBE): A Bull Case Theory

We came across a bullish thesis on Global-E Online Ltd. (GLBE) on Substack by Steve Wagner. In this article, we will summarize the bulls’ thesis on GLBE. Global-E Online Ltd. (GLBE)'s share was trading at $43.77 as of Feb 26^th. GLBE’s forward P/E was 128.21 according to Yahoo Finance.

[caption id="attachment_1222750" align="aligncenter" width="768"] A close-up of a customer placing an order using the company's e-commerce platform.[/caption]

Global-e (GLBE) closed 2024 with a record-breaking fourth quarter, delivering its strongest results yet and achieving GAAP profitability...