Shares of Global-E Online Ltd. (GLBE) are soaring 5.17% in pre-market trading on Thursday, following the release of strong third-quarter 2025 results and a wave of positive analyst actions. The cross-border e-commerce facilitator has caught the attention of Wall Street, with multiple firms reiterating their bullish stance on the stock.

Global-E Online's impressive Q3 performance, details of which were released after market close on Wednesday, has prompted several analyst upgrades. Jefferies maintained its Buy rating on the stock, setting a price target of $50.00. Similarly, Benchmark Co. analyst Mark Zgutowicz reiterated a Buy rating with a price target of $52.00. Piper Sandler raised its target price to $48 from $42, while maintaining an Overweight rating on the stock.

The flurry of positive analyst actions underscores growing confidence in Global-E Online's business model and growth prospects. With Needham also maintaining its price target at $40.00 per share, the consensus among analysts appears strongly bullish. As investors digest the Q3 results and the wave of optimistic analyst reports, Global-E Online's stock is experiencing significant upward momentum, reflecting heightened market enthusiasm for the company's future outlook.