Globus Maritime (GLBS) Stock Forecast, Price Target & Predictions
GLBS Stock Forecast
Globus Maritime stock forecast is as follows: an average price target of $4.00 (represents a 153.16% upside from GLBS’s last price of $1.58) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
GLBS Price Target
The average price target for Globus Maritime (GLBS) is $4.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $4.00 to $4.00. This represents a potential 153.16% upside from GLBS's last price of $1.58.
GLBS Analyst Ratings
According to 1 Wall Street analysts, Globus Maritime's rating consensus is 'Buy'. The analyst rating breakdown for GLBS stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Globus Maritime Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 16, 2024 | Tate Sullivan | Maxim Group | $4.00 | $1.74 | 129.89% | 153.16% |
The latest Globus Maritime stock forecast, released on Sep 16, 2024 by Tate Sullivan from Maxim Group, set a price target of $4.00, which represents a 129.89% increase from the stock price at the time of the forecast ($1.74), and a 153.16% increase from GLBS last price ($1.58).
Globus Maritime Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $4.00 | $4.00 |
| Last Closing Price | $1.58 | $1.58 | $1.58 |
| Upside/Downside | -100.00% | 153.16% | 153.16% |
In the current month, the average price target of Globus Maritime stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Globus Maritime's last price of $1.58. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 16, 2024 | Maxim Group | Buy | Buy | Hold |
Globus Maritime's last stock rating was published by Maxim Group on Sep 16, 2024. The company gave GLBS a "Buy" rating, the same as its previous rate.
Globus Maritime Financial Forecast
Globus Maritime Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Dec 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.58M | $8.30M | $15.87M | $19.14M | $18.44M | $18.63M | $12.76M | $6.83M | $7.41M | $7.41M | $9.46M | $8.46M | $8.41M |
| Avg Forecast | $19.99M | $17.02M | $12.97M | $10.90M | $8.50M | $14.80M | $14.30M | $12.90M | $10.20M | $9.30M | $7.80M | $8.00M | $7.11M | $6.60M | $7.20M | $6.30M | $8.50M | $13.00M | $17.40M | $16.10M | $11.30M | $10.40M | $8.10M | $6.06M | $5.93M | $9.46M | $3.32M | $12.11M |
| High Forecast | $19.99M | $17.02M | $12.97M | $10.90M | $8.50M | $14.80M | $14.30M | $12.90M | $10.20M | $9.30M | $7.80M | $8.00M | $7.11M | $8.13M | $7.20M | $6.30M | $8.50M | $13.00M | $17.40M | $16.10M | $11.30M | $10.40M | $8.10M | $7.28M | $7.11M | $11.35M | $3.99M | $14.53M |
| Low Forecast | $19.99M | $17.02M | $12.97M | $10.90M | $8.50M | $14.80M | $14.30M | $12.90M | $10.20M | $9.30M | $7.80M | $8.00M | $7.11M | $5.07M | $7.20M | $6.30M | $8.50M | $13.00M | $17.40M | $16.10M | $11.30M | $10.40M | $8.10M | $4.85M | $4.74M | $7.57M | $2.66M | $9.69M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 11 | 8 | 17 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.36% | 0.98% | 1.22% | 1.10% | 1.15% | 1.65% | 1.23% | 0.84% | 1.22% | 1.25% | 1.00% | 2.55% | 0.69% |
Globus Maritime's average Quarter revenue forecast for Jun 23 based on 1 analysts is $7.20M, with a low forecast of $7.20M, and a high forecast of $7.20M. GLBS's average Quarter revenue forecast represents a -16.07% decrease compared to the company's last Quarter revenue of $8.58M (Mar 23).
Globus Maritime EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Dec 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 11 | 8 | 17 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.77M | $421.00K | $6.36M | $13.38M | $12.65M | $12.59M | $7.97M | $2.28M | $1.98M | $2.86M | $6.07M | $2.77M | $5.08M |
| Avg Forecast | $4.76M | $4.05M | $3.08M | $2.59M | $2.02M | $3.52M | $3.40M | $3.07M | $2.43M | $2.21M | $1.86M | $1.90M | $1.69M | $1.57M | $1.71M | $1.50M | $2.02M | $3.09M | $4.14M | $3.83M | $2.69M | $2.47M | $1.93M | $350.00K | $390.00K | $593.33K | $2.40M | $10.30M |
| High Forecast | $4.76M | $4.05M | $3.08M | $2.59M | $2.02M | $3.52M | $3.40M | $3.07M | $2.43M | $2.21M | $1.86M | $1.90M | $1.69M | $1.93M | $1.71M | $1.50M | $2.02M | $3.09M | $4.14M | $3.83M | $2.69M | $2.47M | $1.93M | $420.00K | $468.00K | $712.00K | $2.88M | $12.36M |
| Low Forecast | $4.76M | $4.05M | $3.08M | $2.59M | $2.02M | $3.52M | $3.40M | $3.07M | $2.43M | $2.21M | $1.86M | $1.90M | $1.69M | $1.21M | $1.71M | $1.50M | $2.02M | $3.09M | $4.14M | $3.83M | $2.69M | $2.47M | $1.93M | $280.00K | $312.00K | $474.67K | $1.92M | $8.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 0.21% | 2.06% | 3.23% | 3.30% | 4.68% | 3.22% | 1.18% | 5.66% | 7.33% | 10.22% | 1.15% | 0.49% |
1 analysts predict GLBS's average Quarter EBITDA for Jun 23 to be $1.71M, with a high of $1.71M and a low of $1.71M. This is -3.40% lower than Globus Maritime's previous annual EBITDA (Mar 23) of $1.77M.
Globus Maritime Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Dec 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 11 | 8 | 17 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.74M | $-4.02M | $4.33M | $11.02M | $12.08M | $9.88M | $5.58M | $-23.00K | $1.08M | $1.32M | $1.66M | $2.18M | $2.62M |
| Avg Forecast | $4.25M | $2.44M | $-522.79K | $-2.39M | $-4.53M | $1.85M | $1.65M | $411.65K | $205.82K | $-2.06M | $823.29K | $32.69M | $347.84K | $617.47K | $-3.09M | $29.72M | $2.17M | $4.32M | $9.06M | $31.79M | $2.68M | $7.67M | $1.85M | $840.00K | $990.00K | $1.11M | $1.31M | $3.77M |
| High Forecast | $4.25M | $2.44M | $-522.79K | $-2.39M | $-4.53M | $1.85M | $1.65M | $411.65K | $205.82K | $-2.06M | $823.29K | $39.23M | $347.84K | $617.47K | $-3.09M | $35.67M | $2.60M | $4.32M | $9.06M | $38.15M | $2.68M | $9.20M | $1.85M | $1.01M | $1.19M | $1.33M | $1.57M | $4.53M |
| Low Forecast | $4.25M | $2.44M | $-522.79K | $-2.39M | $-4.53M | $1.85M | $1.65M | $411.65K | $205.82K | $-2.06M | $823.29K | $26.15M | $347.84K | $617.47K | $-3.09M | $23.78M | $1.74M | $4.32M | $9.06M | $25.43M | $2.68M | $6.13M | $1.85M | $672.00K | $792.00K | $885.33K | $1.05M | $3.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.23% | -1.85% | 1.00% | 1.22% | 0.38% | 3.69% | 0.73% | -0.01% | 1.29% | 1.33% | 1.50% | 1.67% | 0.70% |
Globus Maritime's average Quarter net income forecast for Jun 23 is $-3.09M, with a range of $-3.09M to $-3.09M. GLBS's average Quarter net income forecast represents a -145.80% decrease compared to the company's last Quarter net income of $6.74M (Mar 23).
Globus Maritime SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Dec 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 11 | 8 | 17 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.11M | $770.00K | $1.08M | $1.07M | $1.07M | $1.55M | $871.00K | $684.00K | $612.00K | $717.00K | $888.00K | $916.00K | $1.08M |
| Avg Forecast | $2.87M | $2.44M | $1.86M | $1.57M | $1.22M | $2.13M | $2.05M | $1.85M | $1.46M | $1.34M | $1.12M | $2.91M | $1.02M | $947.82K | $1.03M | $2.64M | $4.23M | $1.87M | $2.50M | $2.83M | $1.62M | $1.20M | $1.16M | $479.89K | $555.75K | $2.95M | $551.40K | $4.92M |
| High Forecast | $2.87M | $2.44M | $1.86M | $1.57M | $1.22M | $2.13M | $2.05M | $1.85M | $1.46M | $1.34M | $1.12M | $3.49M | $1.02M | $1.17M | $1.03M | $3.17M | $5.08M | $1.87M | $2.50M | $3.39M | $1.62M | $1.44M | $1.16M | $575.87K | $666.90K | $3.54M | $661.68K | $5.91M |
| Low Forecast | $2.87M | $2.44M | $1.86M | $1.57M | $1.22M | $2.13M | $2.05M | $1.85M | $1.46M | $1.34M | $1.12M | $2.33M | $1.02M | $728.71K | $1.03M | $2.12M | $3.38M | $1.87M | $2.50M | $2.26M | $1.62M | $958.10K | $1.16M | $383.91K | $444.60K | $2.36M | $441.12K | $3.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.42% | 0.18% | 0.58% | 0.43% | 0.38% | 0.96% | 0.73% | 0.59% | 1.28% | 1.29% | 0.30% | 1.66% | 0.22% |
Globus Maritime's average Quarter SG&A projection for Jun 23 is $1.03M, based on 1 Wall Street analysts, with a range of $1.03M to $1.03M. The forecast indicates a -7.18% fall compared to GLBS last annual SG&A of $1.11M (Mar 23).
Globus Maritime EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Dec 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 11 | 8 | 17 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.33 | $-0.19 | $0.21 | $0.54 | $0.59 | $1.10 | $0.62 | $-0.00 | $440.00 | $520.00 | $640.00 | $1.20K | $13.79 |
| Avg Forecast | $0.21 | $0.12 | $-0.03 | $-0.12 | $-0.22 | $0.09 | $0.08 | $0.02 | $0.01 | $-0.10 | $0.04 | $-0.02 | $0.02 | $0.03 | $-0.15 | $-0.14 | $-0.05 | $0.21 | $0.44 | $0.33 | $0.13 | $0.08 | $0.09 | $2.80 | $-2.40 | $4.00 | $2.64 | $5.76 |
| High Forecast | $0.21 | $0.12 | $-0.03 | $-0.12 | $-0.22 | $0.09 | $0.08 | $0.02 | $0.01 | $-0.10 | $0.04 | $-0.02 | $0.02 | $0.03 | $-0.15 | $-0.14 | $-0.05 | $0.21 | $0.44 | $0.33 | $0.13 | $0.08 | $0.09 | $3.36 | $-1.92 | $4.80 | $3.17 | $6.91 |
| Low Forecast | $0.21 | $0.12 | $-0.03 | $-0.12 | $-0.22 | $0.09 | $0.08 | $0.02 | $0.01 | $-0.10 | $0.04 | $-0.02 | $0.02 | $0.03 | $-0.15 | $-0.14 | $-0.05 | $0.21 | $0.44 | $0.33 | $0.13 | $0.08 | $0.09 | $2.24 | $-2.88 | $3.20 | $2.11 | $4.61 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.36% | 3.80% | 1.00% | 1.23% | 1.79% | 8.46% | 7.74% | -0.03% | 157.14% | -216.67% | 160.00% | 454.55% | 2.39% |
According to 1 Wall Street analysts, Globus Maritime's projected average Quarter EPS for Jun 23 is $-0.15, with a low estimate of $-0.15 and a high estimate of $-0.15. This represents a -145.45% decrease compared to GLBS previous annual EPS of $0.33 (Mar 23).
Globus Maritime Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| KNOP | KNOT Offshore Partners LP | $5.87 | $16.00 | 172.57% | Buy |
| GLBS | Globus Maritime | $1.58 | $4.00 | 153.16% | Buy |
| SHIP | Seanergy Maritime | $9.28 | $15.00 | 61.64% | Strong Buy |
| DSX | Diana Shipping | $2.23 | $3.00 | 34.53% | Hold |
| DAC | Danaos | $81.75 | $105.00 | 28.44% | Buy |
| GSL | Global Ship Lease | $24.19 | $29.00 | 19.88% | Buy |
| CMRE | Costamare | $13.87 | $14.50 | 4.54% | Buy |
| CPLP | Capital Product Partners | $16.77 | $17.00 | 1.37% | - |
| TOPS | Top Ships | $7.79 | $2.50 | -67.91% | Buy |
GLBS Forecast FAQ
Is Globus Maritime a good buy?
Yes, according to 1 Wall Street analysts, Globus Maritime (GLBS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of GLBS's total ratings.
What is GLBS's price target?
Globus Maritime (GLBS) average price target is $4 with a range of $4 to $4, implying a 153.16% from its last price of $1.58. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Globus Maritime stock go up soon?
According to Wall Street analysts' prediction for GLBS stock, the company can go up by 153.16% (from the last price of $1.58 to the average price target of $4), up by 153.16% based on the highest stock price target, and up by 153.16% based on the lowest stock price target.
Can Globus Maritime stock reach $2?
GLBS's average twelve months analyst stock price target of $4 supports the claim that Globus Maritime can reach $2 in the near future.
What are Globus Maritime's analysts' financial forecasts?
Globus Maritime's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $50.5M (high $50.5M, low $50.5M), average EBITDA is $12.01M (high $12.01M, low $12.01M), average net income is $-617K (high $-617K, low $-617K), average SG&A $7.25M (high $7.25M, low $7.25M), and average EPS is $-0.03 (high $-0.03, low $-0.03). GLBS's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $60.88M (high $60.88M, low $60.88M), average EBITDA is $14.48M (high $14.48M, low $14.48M), average net income is $3.77M (high $3.77M, low $3.77M), average SG&A $8.74M (high $8.74M, low $8.74M), and average EPS is $0.183 (high $0.183, low $0.183).
Did the GLBS's actual financial results beat the analysts' financial forecasts?
Based on Globus Maritime's last annual report (Dec 2022), the company's revenue was $61.76M, beating the average analysts forecast of $55M by 12.28%. Apple's EBITDA was $34.16M, beating the average prediction of $13.08M by 161.08%. The company's net income was $24.28M, missing the average estimation of $47.34M by -48.71%. Apple's SG&A was $4M, missing the average forecast of $11.42M by -65.02%. Lastly, the company's EPS was $1.64, beating the average prediction of $0.93 by 76.34%. In terms of the last quarterly report (Mar 2023), Globus Maritime's revenue was $8.58M, beating the average analysts' forecast of $6.3M by 36.17%. The company's EBITDA was $1.77M, beating the average prediction of $1.5M by 18.30%. Globus Maritime's net income was $6.74M, missing the average estimation of $29.72M by -77.32%. The company's SG&A was $1.11M, missing the average forecast of $2.64M by -57.87%. Lastly, the company's EPS was $0.33, missing the average prediction of $-0.14 by -335.71%