GlobantGLOB
About: Globant is a next-generation IT services company that primarily assists clients with their digital transformation efforts by creating customized software for them. The company was founded in 2003 in Argentina but is currently headquartered in Luxembourg and primarily serves clients in the US and Latin America. Globant's client base is relatively concentrated in the media and entertainment and financial services industries.
Employees: 29,998
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
111% more call options, than puts
Call options by funds: $34.3M | Put options by funds: $16.3M
20% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]
14% more capital invested
Capital invested by funds: $7.49B [Q2] → $8.56B (+$1.08B) [Q3]
2.8% more ownership
Funds ownership: 97.17% [Q2] → 99.97% (+2.8%) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 133
4% less funds holding
Funds holding: 382 [Q2] → 367 (-15) [Q3]
19% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 59
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
UBS Leonardo Olmos 60% 1-year accuracy 3 / 5 met price target | 0%downside $217 | Neutral Maintained | 3 Feb 2025 |
Needham Mayank Tandon 65% 1-year accuracy 74 / 114 met price target | 22%upside $265 | Buy Reiterated | 24 Jan 2025 |
Jefferies Surinder Thind 95% 1-year accuracy 19 / 20 met price target | 17%upside $255 | Buy Maintained | 21 Jan 2025 |
Susquehanna James Friedman 65% 1-year accuracy 44 / 68 met price target | 17%upside $255 | Positive Initiated | 17 Dec 2024 |
Scotiabank Divya Goyal 63% 1-year accuracy 5 / 8 met price target | 1%upside $220 | Sector Perform Maintained | 19 Nov 2024 |
Financial journalist opinion









