Piper Sandler Maintains Overweight on Global-E Online Ltd. (GLBE) Amid Software Sector Reset

We recently published an article titled 12 High Growth E-commerce Stocks To Buy. 

On February 3, Piper Sandler analyst Billy Fitzsimmons maintained an Overweight rating on Global-E Online Ltd. (NASDAQ:GLBE) with a $48 price target following a transfer of coverage. As part of a broader reset across the platforms and apps group, the firm downgraded several names and reduced price targets, citing concerns that seat compression and “vibe coding” narratives could limit valuation multiples. Piper is not taking a view on upcoming Q4 results, instead noting mixed sentiment across the software sector despite share price declines over the past year. The firm expects continued caution toward software stocks and suggests investors prioritize hyperscaler, consumption-based, and vertical software names.

Global-e’s recent performance underscores that strength. During its third quarter 2025 earnings call, the company reported GMV of $1.51 billion, up 33% year over year and above the top end of guidance. Revenue rose 25.5% to $221 million, while adjusted EBITDA increased 33% to $41.3 million, resulting in a healthy 18.7% margin. Management also highlighted growing traction in AI-driven and agentic commerce, including early traffic originating from ChatGPT and agent-assisted checkout transactions, positioning Global-E Online Ltd. (NASDAQ:GLBE) at the forefront of the next phase of cross-border e-commerce.

Founded in 2013 and headquartered in Petah Tikva, Israel, Global-e operates a leading cross-border e-commerce platform that enables merchants to localize checkout, pricing, payments, duties, and logistics across more than 140 currencies. With strong execution, expanding margins, and early exposure to AI-enabled commerce workflows, Global-E Online Ltd. (NASDAQ:GLBE) remains well-positioned for sustained growth as international e-commerce penetration continues to rise.

While we acknowledge the potential of GLBE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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