Global Partners LP (GLP) Stock Forecast, Price Target & Predictions
GLP Stock Forecast
Global Partners LP stock forecast is as follows: an average price target of $35.00 (represents a -18.66% downside from GLP’s last price of $43.03) 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 -18.66% downside from GLP's last price of $43.03.
GLP Analyst Ratings
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% | -18.66% |
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 -18.66% decrease from GLP last price ($43.03).
Global Partners LP Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $43.03 | $43.03 | $43.03 |
| 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 $43.03. 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 | Jul 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 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $8.21B | $7.42B | $4.03B | $4.43B | $4.63B | - | $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 | $3.47B | $3.13B |
| Avg Forecast | $6.77B | $6.43B | $5.76B | $6.26B | $6.18B | $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 | $2.13B | $1.97B |
| High Forecast | $6.77B | $6.43B | $5.76B | $6.26B | $6.18B | $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 | $2.55B | $2.37B |
| Low Forecast | $6.77B | $6.43B | $5.76B | $6.26B | $6.18B | $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 | $1.70B | $1.58B |
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.93% | 1.82% | 0.91% | 0.98% | 1.12% | - | 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% | 1.63% | 1.58% |
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 | Jul 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 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | $47.98M | $62.68M | $51.45M | $82.75M | $168.51M | - | $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 | $36.11M | $53.35M |
| Avg Forecast | $121.71M | $115.72M | $103.56M | $112.60M | $111.09M | $105.69M | $99.14M | $89.10M | $79.02M | $76.71M | $73.49M | $81.00M | $81.07M | $57.30M | $77.63M | $66.29M | $40.94M | $52.09M | $85.76M | $73.63M | $53.84M | $112.11M | $542.99M | $63.82M | $57.26M | $52.36M | $923.01M | $43.32M | $117.97M | $24.45M |
| High Forecast | $121.71M | $115.72M | $103.56M | $112.60M | $111.09M | $105.69M | $99.14M | $106.91M | $79.02M | $76.71M | $73.49M | $97.20M | $81.07M | $68.76M | $77.63M | $66.29M | $49.12M | $62.51M | $102.92M | $88.36M | $53.84M | $134.54M | $651.59M | $76.58M | $57.26M | $62.83M | $1.11B | $51.99M | $141.57M | $29.35M |
| Low Forecast | $121.71M | $115.72M | $103.56M | $112.60M | $111.09M | $105.69M | $99.14M | $71.28M | $79.02M | $76.71M | $73.49M | $64.80M | $81.07M | $45.84M | $77.63M | $66.29M | $32.75M | $41.67M | $68.61M | $58.91M | $53.84M | $89.69M | $434.39M | $51.05M | $57.26M | $41.89M | $738.41M | $34.66M | $94.38M | $19.56M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.63% | 0.85% | 0.64% | 1.02% | 2.94% | - | 1.13% | 1.60% | 1.52% | 0.68% | 0.56% | 0.93% | 0.58% | 0.23% | 0.70% | 0.83% | 1.25% | 0.07% | 1.35% | 0.31% | 2.18% |
1 analysts predict GLP's average Quarter EBITDA for Dec 23 to be $79.02M, with a high of $79.02M and a low of $79.02M. This is 64.71% 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 | Jul 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 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | $20.54M | $35.59M | $29.03M | $57.48M | $111.44M | - | $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 | $-14.08M | $6.41M |
| Avg Forecast | $35.31M | $50.39M | $30.85M | $10.97M | $30.85M | $53.82M | $51.42M | $-9.36M | $32.91M | $23.65M | $43.88M | $-8.51M | $47.99M | $24.28M | $41.10M | $-3.75M | $12.04M | $22.07M | $17.80M | $-7.73M | $-5.96M | $31.45M | $329.28M | $4.67M | $-2.47M | $12.11M | $208.64M | $5.29M | $-45.99M | $2.93M |
| High Forecast | $35.31M | $50.39M | $30.85M | $10.97M | $30.85M | $53.82M | $51.42M | $-7.49M | $32.91M | $23.65M | $43.88M | $-6.81M | $47.99M | $29.14M | $41.10M | $-3.75M | $14.45M | $26.49M | $21.36M | $-6.19M | $-5.96M | $37.74M | $395.13M | $5.60M | $-2.47M | $14.53M | $250.37M | $6.35M | $-36.80M | $3.52M |
| Low Forecast | $35.31M | $50.39M | $30.85M | $10.97M | $30.85M | $53.82M | $51.42M | $-11.23M | $32.91M | $23.65M | $43.88M | $-10.21M | $47.99M | $19.43M | $41.10M | $-3.75M | $9.63M | $17.66M | $14.24M | $-9.28M | $-5.96M | $25.16M | $263.42M | $3.73M | $-2.47M | $9.69M | $166.91M | $4.24M | $-55.19M | $2.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.87% | 0.81% | -3.41% | 1.20% | 4.59% | - | -8.13% | 1.60% | 1.52% | 0.68% | 0.56% | -0.74% | 0.58% | 0.23% | 0.70% | 0.34% | 1.25% | 0.07% | 1.35% | 0.31% | 2.19% |
Global Partners LP's average Quarter net income forecast for Dec 23 is $32.91M, with a range of $32.91M to $32.91M. GLP's average Quarter net income forecast represents a 60.24% 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 | Jul 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 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | $63.48M | $66.70M | $62.26M | $80.84M | $65.12M | - | $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 | $42.13M | $39.95M |
| Avg Forecast | $111.46M | $105.97M | $94.84M | $103.12M | $101.73M | $96.79M | $90.79M | $100.89M | $72.37M | $70.25M | $67.30M | $91.72M | $74.24M | $39.47M | $71.09M | $60.71M | $36.06M | $35.88M | $79.22M | $83.38M | $49.30M | $74.55M | $254.82M | $179.82M | $52.44M | $109.13M | $1.88B | $94.37M | $421.34M | $54.36M |
| High Forecast | $111.46M | $105.97M | $94.84M | $103.12M | $101.73M | $96.79M | $90.79M | $121.07M | $72.37M | $70.25M | $67.30M | $110.07M | $74.24M | $47.36M | $71.09M | $60.71M | $43.27M | $43.06M | $95.06M | $100.06M | $49.30M | $89.46M | $305.78M | $215.78M | $52.44M | $130.95M | $2.25B | $113.24M | $505.61M | $65.23M |
| Low Forecast | $111.46M | $105.97M | $94.84M | $103.12M | $101.73M | $96.79M | $90.79M | $80.71M | $72.37M | $70.25M | $67.30M | $73.38M | $74.24M | $31.57M | $71.09M | $60.71M | $28.84M | $28.70M | $63.37M | $66.71M | $49.30M | $59.64M | $203.86M | $143.85M | $52.44M | $87.30M | $1.50B | $75.49M | $337.07M | $43.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.90% | 0.99% | 0.68% | 1.09% | 1.65% | - | 0.93% | 1.60% | 1.52% | 0.68% | 0.56% | 1.00% | 0.58% | 0.23% | 0.23% | 0.83% | 0.42% | 0.02% | 0.44% | 0.10% | 0.73% |
Global Partners LP's average Quarter SG&A projection for Dec 23 is $72.37M, based on 1 Wall Street analysts, with a range of $72.37M to $72.37M. The forecast indicates a 14.00% 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 | Jul 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 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | $0.60 | $1.05 | $0.70 | $1.54 | $3.12 | - | $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 | $-0.44 | $0.19 |
| Avg Forecast | $1.03 | $1.47 | $0.90 | $0.32 | $0.90 | $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 | $0.88 | $0.05 |
| High Forecast | $1.03 | $1.47 | $0.90 | $0.32 | $0.90 | $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 | $1.06 | $0.07 |
| Low Forecast | $1.03 | $1.47 | $0.90 | $0.32 | $0.90 | $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 | $0.71 | $0.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.87% | 0.82% | 1.08% | 1.10% | 2.35% | - | -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% | -0.50% | 3.80% |
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 |
|---|---|---|---|---|---|
| DLNG | Dynagas LNG Partners LP | $3.60 | $4.50 | 25.00% | - |
| GEL | Genesis Energy | $13.00 | $13.00 | - | Hold |
| WES | Western Midstream Partners, LP | $39.57 | $37.67 | -4.80% | Hold |
| HESM | Hess Midstream LP | $36.71 | $34.33 | -6.48% | Hold |
| PAA | Plains All American Pipeline | $17.71 | $15.58 | -12.03% | Hold |
| MPLX | MPLX LP | $43.78 | $38.30 | -12.52% | Buy |
| AM | Antero Midstream | $14.69 | $12.50 | -14.91% | Buy |
| GLP | Global Partners LP | $43.03 | $35.00 | -18.66% | Buy |
| DTM | DT Midstream | $76.80 | $61.75 | -19.60% | 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 -18.66% from its last price of $43.03. 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 -18.66% (from the last price of $43.03 to the average price target of $35), down by -18.66% based on the highest stock price target, and down by -18.66% based on the lowest stock price target.
Can Global Partners LP stock reach $60?
GLP's average twelve months analyst stock price target of $35 does not support the claim that Global Partners LP can reach $60 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 $22.79B (high $22.79B, low $22.79B), average EBITDA is $405.02M (high $422.84M, low $387.2M), average net income is $126.72M (high $128.6M, low $124.85M), average SG&A $390.21M (high $410.39M, low $370.03M), and average EPS is $4.07 (high $4.07, low $4.07). GLP's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $25.22B (high $25.22B, low $25.22B), average EBITDA is $453.58M (high $453.58M, low $453.58M), average net income is $127.51M (high $127.51M, low $127.51M), average SG&A $415.38M (high $415.38M, low $415.38M), and average EPS is $3.72 (high $3.72, low $3.72).
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 $282.28M by 37.90%. The company's net income was $362.21M, beating the average estimation of $109.62M by 230.43%. Apple's SG&A was $263.11M, beating the average forecast of $245.5M by 7.17%. 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 $76.71M by -37.45%. Global Partners LP's net income was $20.54M, missing the average estimation of $23.65M by -13.17%. The company's SG&A was $63.48M, missing the average forecast of $70.25M by -9.64%. Lastly, the company's EPS was $0.6, missing the average prediction of $0.69 by -13.04%