Global Partners LP (GLP) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

GLP Stock Forecast

Global Partners LP stock forecast is as follows: an average price target of $35.00 (represents a -25.60% downside from GLP’s last price of $47.04) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

GLP Price Target

The average price target for Global Partners LP (GLP) is $35.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $35.00. This represents a potential -25.60% downside from GLP's last price of $47.04.

GLP Analyst Ratings

Buy

According to 2 Wall Street analysts, Global Partners LP's rating consensus is 'Buy'. The analyst rating breakdown for GLP stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Global Partners LP Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 07, 2022	Selman Akyol	Stifel Nicolaus	$35.00	$29.96	16.82%	-25.60%

The latest Global Partners LP stock forecast, released on Nov 07, 2022 by Selman Akyol from Stifel Nicolaus, set a price target of $35.00, which represents a 16.82% increase from the stock price at the time of the forecast ($29.96), and a -25.60% decrease from GLP last price ($47.04).

Global Partners LP Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$47.04	$47.04	$47.04
Upside/Downside	-100.00%	-100.00%	-100.00%

In the current month, the average price target of Global Partners LP stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Global Partners LP's last price of $47.04. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Dec 27, 2023	Cowen & Co.	Buy	Buy	Hold
Nov 08, 2022	William Blair		Market Perform	Upgrade

Global Partners LP's last stock rating was published by Cowen & Co. on Dec 27, 2023. The company gave GLP a "Buy" rating, the same as its previous rate.

Global Partners LP Financial Forecast

Global Partners LP Revenue Forecast

	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 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
Revenue	-	-	-	-	-	-	-	-	-	$8.21B	$7.42B	$4.03B	$4.43B	$4.63B	$5.32B	$4.50B	$4.09B	$3.32B	$3.28B	$2.55B	$2.20B	$2.06B	$1.47B	$2.60B	$3.35B	$3.25B	$3.51B	$2.98B	$2.80B	$2.27B
Avg Forecast	$6.39B	$6.45B	$6.02B	$5.65B	$5.80B	$5.88B	$5.51B	$5.22B	$4.39B	$4.26B	$4.09B	$4.45B	$4.51B	$4.11B	$4.32B	$3.69B	$3.98B	$3.86B	$3.73B	$3.57B	$2.99B	$3.02B	$2.55B	$3.08B	$3.18B	$3.33B	$2.87B	$2.91B	$243.03M	$166.97M
High Forecast	$6.39B	$6.45B	$6.02B	$5.65B	$5.80B	$5.88B	$5.51B	$5.22B	$4.39B	$4.26B	$4.09B	$4.45B	$4.51B	$4.11B	$4.32B	$3.69B	$3.98B	$3.86B	$3.73B	$3.57B	$2.99B	$3.02B	$2.55B	$3.08B	$3.18B	$3.33B	$2.87B	$2.91B	$291.63M	$200.36M
Low Forecast	$6.39B	$6.45B	$6.02B	$5.65B	$5.80B	$5.88B	$5.51B	$5.22B	$4.39B	$4.26B	$4.09B	$4.45B	$4.51B	$4.11B	$4.32B	$3.69B	$3.98B	$3.86B	$3.73B	$3.57B	$2.99B	$3.02B	$2.55B	$3.08B	$3.18B	$3.33B	$2.87B	$2.91B	$194.42M	$133.58M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8	10	16	18	8
Surprise %	-	-	-	-	-	-	-	-	-	1.93%	1.82%	0.91%	0.98%	1.12%	1.23%	1.22%	1.03%	0.86%	0.88%	0.71%	0.73%	0.68%	0.58%	0.84%	1.05%	0.97%	1.22%	1.02%	11.53%	13.60%

Global Partners LP's average Quarter revenue forecast for Dec 23 based on 1 analysts is $4.39B, with a low forecast of $4.39B, and a high forecast of $4.39B. GLP's average Quarter revenue forecast represents a -46.51% decrease compared to the company's last Quarter revenue of $8.21B (Sep 23).

Global Partners LP EBITDA Forecast

	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 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8	10	16	18	8
EBITDA	-	-	-	-	-	-	-	-	-	$47.98M	$62.68M	$51.45M	$82.75M	$168.51M	$134.91M	$74.93M	$65.68M	$79.38M	$58.50M	$40.91M	$50.23M	$64.99M	$125.76M	$44.78M	$47.38M	$65.22M	$64.10M	$58.31M	$106.06M	$72.43M
Avg Forecast	$156.14M	$157.73M	$147.07M	$137.99M	$141.80M	$143.60M	$134.70M	$89.10M	$107.36M	$104.22M	$99.84M	$81.00M	$51.78M	$74.01M	$261.79K	$66.29M	$71.67M	$69.35M	$67.13M	$73.63M	$53.84M	$54.37M	$45.84M	$63.82M	$57.26M	$59.94M	$51.61M	$43.32M	$4.37M	$3.00M
High Forecast	$156.14M	$157.73M	$147.07M	$137.99M	$141.80M	$143.60M	$134.70M	$106.91M	$107.36M	$104.22M	$99.84M	$97.20M	$62.14M	$74.01M	$314.15K	$66.29M	$71.67M	$69.35M	$67.13M	$88.36M	$53.84M	$54.37M	$45.84M	$76.58M	$57.26M	$59.94M	$51.61M	$51.99M	$5.25M	$3.60M
Low Forecast	$156.14M	$157.73M	$147.07M	$137.99M	$141.80M	$143.60M	$134.70M	$71.28M	$107.36M	$104.22M	$99.84M	$64.80M	$41.43M	$74.01M	$209.43K	$66.29M	$71.67M	$69.35M	$67.13M	$58.91M	$53.84M	$54.37M	$45.84M	$51.05M	$57.26M	$59.94M	$51.61M	$34.66M	$3.50M	$2.40M
Surprise %	-	-	-	-	-	-	-	-	-	0.46%	0.63%	0.64%	1.60%	2.28%	515.36%	1.13%	0.92%	1.14%	0.87%	0.56%	0.93%	1.20%	2.74%	0.70%	0.83%	1.09%	1.24%	1.35%	24.26%	24.12%

1 analysts predict GLP's average Quarter EBITDA for Dec 23 to be $107.36M, with a high of $107.36M and a low of $107.36M. This is 123.78% upper than Global Partners LP's previous annual EBITDA (Sep 23) of $47.98M.

Global Partners LP Net Income Forecast

	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 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8	10	16	18	8
Net Income	-	-	-	-	-	-	-	-	-	$20.54M	$35.59M	$29.03M	$57.48M	$111.44M	$162.81M	$30.48M	$19.32M	$33.64M	$12.14M	$-4.30M	$4.44M	$18.23M	$76.26M	$3.28M	$-828.00K	$15.08M	$14.49M	$7.13M	$59.04M	$22.95M
Avg Forecast	$17.10M	$38.98M	$31.46M	$-1.71M	$8.21M	$53.68M	$51.29M	$-9.36M	$32.83M	$23.59M	$43.77M	$-8.51M	$15.23M	$45.59M	$256.03K	$-3.77M	$6.51M	$21.80M	$17.74M	$-7.73M	$-6.00M	$3.94M	$-23.22M	$4.67M	$-2.49M	$10.80M	$2.72M	$5.29M	$506.22M	$321.52M
High Forecast	$17.10M	$38.98M	$31.46M	$-1.71M	$8.21M	$54.17M	$51.29M	$-7.49M	$32.83M	$23.59M	$45.27M	$-6.81M	$18.28M	$46.59M	$307.24K	$-3.77M	$6.51M	$21.80M	$17.74M	$-6.19M	$-6.00M	$3.94M	$-23.22M	$5.60M	$-2.49M	$10.80M	$2.72M	$6.35M	$607.46M	$385.82M
Low Forecast	$17.10M	$38.98M	$31.46M	$-1.71M	$8.21M	$53.19M	$51.29M	$-11.23M	$32.83M	$23.59M	$42.27M	$-10.21M	$12.18M	$44.59M	$204.82K	$-3.77M	$6.51M	$21.80M	$17.74M	$-9.28M	$-6.00M	$3.94M	$-23.22M	$3.73M	$-2.49M	$10.80M	$2.72M	$4.24M	$404.98M	$257.21M
Surprise %	-	-	-	-	-	-	-	-	-	0.87%	0.81%	-3.41%	3.77%	2.44%	635.89%	-8.08%	2.97%	1.54%	0.68%	0.56%	-0.74%	4.62%	-3.28%	0.70%	0.33%	1.40%	5.32%	1.35%	0.12%	0.07%

Global Partners LP's average Quarter net income forecast for Dec 23 is $32.83M, with a range of $32.83M to $32.83M. GLP's average Quarter net income forecast represents a 59.84% increase compared to the company's last Quarter net income of $20.54M (Sep 23).

Global Partners LP SG&A Forecast

	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 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8	10	16	18	8
SG&A	-	-	-	-	-	-	-	-	-	$63.48M	$66.70M	$62.26M	$80.84M	$65.12M	$60.87M	$56.28M	$57.85M	$54.67M	$54.03M	$46.32M	$49.38M	$43.22M	$59.02M	$40.92M	$43.55M	$45.33M	$40.97M	$41.09M	$39.37M	$36.79M
Avg Forecast	$105.82M	$106.90M	$99.67M	$93.52M	$96.11M	$97.32M	$91.29M	$100.89M	$72.76M	$70.63M	$67.66M	$91.72M	$45.61M	$67.78M	$99.15K	$60.71M	$65.63M	$63.51M	$61.48M	$83.38M	$49.30M	$49.79M	$41.98M	$179.82M	$52.44M	$54.89M	$47.26M	$94.37M	$4.00M	$2.75M
High Forecast	$105.82M	$106.90M	$99.67M	$93.52M	$96.11M	$97.32M	$91.29M	$121.07M	$72.76M	$70.63M	$67.66M	$110.07M	$54.73M	$67.78M	$118.98K	$60.71M	$65.63M	$63.51M	$61.48M	$100.06M	$49.30M	$49.79M	$41.98M	$215.78M	$52.44M	$54.89M	$47.26M	$113.24M	$4.80M	$3.30M
Low Forecast	$105.82M	$106.90M	$99.67M	$93.52M	$96.11M	$97.32M	$91.29M	$80.71M	$72.76M	$70.63M	$67.66M	$73.38M	$36.49M	$67.78M	$79.32K	$60.71M	$65.63M	$63.51M	$61.48M	$66.71M	$49.30M	$49.79M	$41.98M	$143.85M	$52.44M	$54.89M	$47.26M	$75.49M	$3.20M	$2.20M
Surprise %	-	-	-	-	-	-	-	-	-	0.90%	0.99%	0.68%	1.77%	0.96%	613.91%	0.93%	0.88%	0.86%	0.88%	0.56%	1.00%	0.87%	1.41%	0.23%	0.83%	0.83%	0.87%	0.44%	9.83%	13.38%

Global Partners LP's average Quarter SG&A projection for Dec 23 is $72.76M, based on 1 Wall Street analysts, with a range of $72.76M to $72.76M. The forecast indicates a 14.62% rise compared to GLP last annual SG&A of $63.48M (Sep 23).

Global Partners LP EPS Forecast

	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 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8	10	16	18	8
EPS	-	-	-	-	-	-	-	-	-	$0.60	$1.05	$0.70	$1.54	$3.12	$4.63	$0.76	$0.57	$0.86	$0.23	$-0.20	$0.06	$0.48	$2.19	$0.05	$-0.08	$0.38	$0.37	$0.15	$1.74	$0.68
Avg Forecast	$0.50	$1.14	$0.92	$-0.05	$0.24	$1.57	$1.50	$0.10	$0.96	$0.69	$1.28	$0.65	$1.40	$1.33	$1.21	$-0.11	$0.19	$0.64	$0.52	$-0.05	$-0.17	$0.12	$-0.68	$0.12	$-0.07	$0.32	$0.08	$0.07	$1.29	$-0.70
High Forecast	$0.50	$1.14	$0.92	$-0.05	$0.24	$1.58	$1.50	$0.10	$0.96	$0.69	$1.32	$0.65	$1.40	$1.36	$1.24	$-0.11	$0.19	$0.64	$0.52	$-0.05	$-0.17	$0.12	$-0.68	$0.12	$-0.07	$0.32	$0.08	$0.07	$1.54	$-0.56
Low Forecast	$0.50	$1.14	$0.92	$-0.05	$0.24	$1.56	$1.50	$0.10	$0.96	$0.69	$1.24	$0.65	$1.40	$1.30	$1.18	$-0.11	$0.19	$0.64	$0.52	$-0.05	$-0.17	$0.12	$-0.68	$0.12	$-0.07	$0.32	$0.08	$0.07	$1.03	$-0.84
Surprise %	-	-	-	-	-	-	-	-	-	0.87%	0.82%	1.08%	1.10%	2.35%	3.83%	-6.91%	3.00%	1.35%	0.44%	3.81%	-0.34%	4.17%	-3.23%	0.43%	1.10%	1.21%	4.66%	2.24%	1.35%	-0.97%

According to 1 Wall Street analysts, Global Partners LP's projected average Quarter EPS for Dec 23 is $0.96, with a low estimate of $0.96 and a high estimate of $0.96. This represents a 60.00% increase compared to GLP previous annual EPS of $0.60 (Sep 23).

Global Partners LP Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
GEL	Genesis Energy	$10.31	$13.00	26.09%	Buy
PAA	Plains All American Pipeline	$17.44	$20.00	14.68%	Hold
DLNG	Dynagas LNG Partners LP	$4.40	$4.50	2.27%
WES	Western Midstream Partners, LP	$39.22	$40.00	1.99%	Hold
AM	Antero Midstream	$14.78	$14.50	-1.89%	Buy
MPLX	MPLX LP	$47.70	$46.00	-3.56%	Buy
HESM	Hess Midstream LP	$36.04	$34.33	-4.74%	Hold
DTM	DT Midstream	$98.70	$82.00	-16.92%	Buy
GLP	Global Partners LP	$48.57	$35.00	-27.94%	Buy

GLP Forecast FAQ

Is Global Partners LP a good buy?

Yes, according to 2 Wall Street analysts, Global Partners LP (GLP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of GLP's total ratings.

What is GLP's price target?

Global Partners LP (GLP) average price target is $35 with a range of $35 to $35, implying a -25.60% from its last price of $47.04. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Global Partners LP stock go up soon?

According to Wall Street analysts' prediction for GLP stock, the company can go down by -25.60% (from the last price of $47.04 to the average price target of $35), down by -25.60% based on the highest stock price target, and down by -25.60% based on the lowest stock price target.

Can Global Partners LP stock reach $70?

GLP's average twelve months analyst stock price target of $35 does not support the claim that Global Partners LP can reach $70 in the near future.

What are Global Partners LP's analysts' financial forecasts?

Global Partners LP's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $22.41B (high $22.41B, low $22.41B), average EBITDA is $509.19M (high $527.01M, low $491.37M), average net income is $103.82M (high $106.18M, low $101.46M), average SG&A $385.61M (high $405.79M, low $365.43M), and average EPS is $3.41 (high $3.42, low $3.4). GLP's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $24.51B (high $24.51B, low $24.51B), average EBITDA is $598.93M (high $598.93M, low $598.93M), average net income is $85.82M (high $85.82M, low $85.82M), average SG&A $405.91M (high $405.91M, low $405.91M), and average EPS is $2.51 (high $2.51, low $2.51).

Did the GLP's actual financial results beat the analysts' financial forecasts?

Based on Global Partners LP's last annual report (Dec 2022), the company's revenue was $18.88B, beating the average analysts forecast of $16.62B by 13.56%. Apple's EBITDA was $389.27M, beating the average prediction of $192.35M by 102.38%. The company's net income was $362.21M, beating the average estimation of $57.31M by 532.06%. Apple's SG&A was $263.11M, beating the average forecast of $174.2M by 51.04%. Lastly, the company's EPS was $10.06, beating the average prediction of $3.83 by 162.66%. In terms of the last quarterly report (Sep 2023), Global Partners LP's revenue was $8.21B, beating the average analysts' forecast of $4.26B by 92.59%. The company's EBITDA was $47.98M, missing the average prediction of $104.22M by -53.96%. Global Partners LP's net income was $20.54M, missing the average estimation of $23.59M by -12.96%. The company's SG&A was $63.48M, missing the average forecast of $70.63M by -10.13%. Lastly, the company's EPS was $0.6, missing the average prediction of $0.69 by -13.04%