AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
_6ff029a61766633234293.png?format=webp&width=1186&height=250)
Globus Maritime Receives Buy Rating from Maxim Group Analyst Tate Sullivan
ByAinvest
Wednesday, Jun 25, 2025 10:52 pm ET1min read
Globus Maritime (GLBS) received a Buy rating from Maxim Group analyst Tate Sullivan. The company's shares closed at $1.29. Sullivan has a 40.52% success rate and an average return of -8.3%. The analyst consensus is currently a Hold rating. Globus Maritime reported a quarterly revenue of $8.69 million and a GAAP net loss of $2 million in its latest earnings release.
Globus Maritime (GLBS), a company specializing in maritime transportation, reported its second-quarter earnings on June 19, 2025. The company missed earnings estimates by a significant margin, with earnings per share (EPS) coming in at $-0.0700, $0.01 worse than the analyst estimate of $-0.0600. Revenue for the quarter fell short of expectations, coming in at $8.6 million compared to the consensus estimate of $11.4 million [1].Globus Maritime's stock price closed at $1.28, up 2.41% in the last three months but down -35.35% over the past 12 months. The company has seen a mix of positive and negative EPS revisions in the last 90 days, reflecting the volatility in the market [1].
Analysts at Maxim Group have adjusted their price target for Globus Maritime, lowering it from $4 to $3 while maintaining a Buy rating on the stock. The adjustment is due to a predicted temporary decrease in demand for smaller dry bulk vessels from China, driven by geopolitical tensions and a shift in focus towards liquefied petroleum gas, oil, and refined products [2].
Wall Street analysts forecast an average target price of $4.00 for Globus Maritime, with a consensus recommendation of "Outperform" from 1 brokerage firm. GuruFocus estimates a GF Value of $1.84 for the stock, suggesting an upside of 39.39% from the current price of $1.32 [2].
References:
[1] https://au.investing.com/news/earnings/globus-maritime-earnings-missed-by-001-revenue-fell-short-of-estimates-3892455
[2] https://www.gurufocus.com/news/2940471/maxim-adjusts-globus-maritime-glbs-price-target-amid-changing-market-conditions-glbs-stock-news?mobile=true
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet