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

On May 26, 2026, Jefferies reiterated a Buy standing and $40 terms people connected Global-E Online Ltd. (NASDAQ:GLBE) aft the institution agreed to get Passport. Jefferies said Passport volition adhd precocious shipping solutions to Global-e’s platform, fortify instrumentality capabilities, and grow the company’s full addressable market. The steadfast besides said the strategical rationale for the woody makes consciousness and improves Global-e’s competitory positioning.

A time earlier, Global-e Online announced a definitive statement to get Passport Global, a U.S.-based cross-border e-commerce logistics and solutions company. Global-e said the acquisition volition fortify its logistics capabilities done modular shipping solutions supported by an asset-light, multi-carrier web crossed cross-border, domestic, and last-mile deliveries. Passport is expected to make astir $100 cardinal successful gross successful calendar twelvemonth 2026, with a maturation complaint expected to somewhat transcend Global-e’s for the year. The transaction is expected to adjacent successful aboriginal July 2026, taxable to customary closing conditions, including regulatory approvals.

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On May 14, 2026, BofA lowered the firm’s terms people connected Global-e Online to $40 from $43 and maintained a Buy standing connected the shares. BofA said that, looking “beyond the noise” successful Q1, the results fortify its condemnation that Global-e is connected way to go the de facto level powering an estimated $114B cross-border eCommerce marketplace by 2030.

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

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