Globus Maritime (GLBS) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart

GLBS Stock Forecast

Globus Maritime stock forecast is as follows: an average price target of $4.00 (represents a 191.97% upside from GLBS’s last price of $1.37) 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 191.97% upside from GLBS's last price of $1.37.

GLBS Analyst Ratings

Buy

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%	191.97%

Row per page

Go to

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 191.97% increase from GLBS last price ($1.37).

Globus Maritime Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	1
Avg Price Target	-	$4.00	$4.00
Last Closing Price	$1.37	$1.37	$1.37
Upside/Downside	-100.00%	191.97%	191.97%

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 $1.37. 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

Row per page

Go to

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	$-176.62K	$-150.37K	$-114.54K	$-96.28K	$-75.09K	$-130.74K	$-126.32K	$-113.95K	$-90.10K	$-82.15K	$-68.90K	$-70.67K	$-62.81K	$-58.30K	$-63.60K	$-55.65K	$-75.09K	$3.09M	$4.14M	$3.83M	$2.69M	$2.47M	$1.93M	$350.00K	$390.00K	$593.33K	$2.40M	$10.30M
High Forecast	$-176.62K	$-150.37K	$-114.54K	$-96.28K	$-75.09K	$-130.74K	$-126.32K	$-113.95K	$-90.10K	$-82.15K	$-68.90K	$-70.67K	$-62.81K	$-44.83K	$-63.60K	$-55.65K	$-75.09K	$3.09M	$4.14M	$3.83M	$2.69M	$2.47M	$1.93M	$420.00K	$468.00K	$712.00K	$2.88M	$12.36M
Low Forecast	$-176.62K	$-150.37K	$-114.54K	$-96.28K	$-75.09K	$-130.74K	$-126.32K	$-113.95K	$-90.10K	$-82.15K	$-68.90K	$-70.67K	$-62.81K	$-71.78K	$-63.60K	$-55.65K	$-75.09K	$3.09M	$4.14M	$3.83M	$2.69M	$2.47M	$1.93M	$280.00K	$312.00K	$474.67K	$1.92M	$8.24M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-31.86%	-5.61%	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 $-63.60K, with a high of $-63.60K and a low of $-63.60K. This is -103.59% 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	$2.62M	$2.23M	$1.70M	$1.43M	$1.11M	$1.94M	$1.87M	$1.69M	$1.34M	$1.22M	$1.02M	$2.91M	$931.24K	$864.45K	$943.03K	$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	$2.62M	$2.23M	$1.70M	$1.43M	$1.11M	$1.94M	$1.87M	$1.69M	$1.34M	$1.22M	$1.02M	$3.49M	$931.24K	$1.06M	$943.03K	$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	$2.62M	$2.23M	$1.70M	$1.43M	$1.11M	$1.94M	$1.87M	$1.69M	$1.34M	$1.22M	$1.02M	$2.33M	$931.24K	$664.61K	$943.03K	$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 $943.03K, based on 1 Wall Street analysts, with a range of $943.03K to $943.03K. The forecast indicates a -15.35% 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
GLBS	Globus Maritime	$1.37	$4.00	191.97%	Buy
KNOP	KNOT Offshore Partners LP	$6.20	$16.00	158.06%	Buy
SHIP	Seanergy Maritime	$8.61	$15.00	74.22%	Strong Buy
DSX	Diana Shipping	$2.17	$3.00	38.25%	Hold
GSL	Global Ship Lease	$23.33	$29.00	24.30%	Buy
DAC	Danaos	$85.37	$105.00	22.99%	Buy
CPLP	Capital Product Partners	$16.77	$17.00	1.37%	-
CMRE	Costamare	$14.44	$14.50	0.42%	Buy
TOPS	Top Ships	$7.80	$2.50	-67.95%	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 191.97% from its last price of $1.37. 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 191.97% (from the last price of $1.37 to the average price target of $4), up by 191.97% based on the highest stock price target, and up by 191.97% 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 $-446K (high $-446K, low $-446K), average net income is $-617K (high $-617K, low $-617K), average SG&A $6.61M (high $6.61M, low $6.61M), 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 $-538K (high $-538K, low $-538K), average net income is $3.77M (high $3.77M, low $3.77M), average SG&A $7.97M (high $7.97M, low $7.97M), 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 $10.99M by 210.91%. 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, missing the average prediction of $-55.652K by -3285.87%. 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%