GlobantGLOB
GLOB
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: 31,102
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
30% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 111
9% less funds holding
Funds holding: 400 [Q4 2024] → 366 (-34) [Q1 2025]
10.65% less ownership
Funds ownership: 97.71% [Q4 2024] → 87.06% (-10.65%) [Q1 2025]
26% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 94
49% less capital invested
Capital invested by funds: $9.06B [Q4 2024] → $4.63B (-$4.43B) [Q1 2025]
50% less funds holding in top 10
Funds holding in top 10: 8 [Q4 2024] → 4 (-4) [Q1 2025]
61% less call options, than puts
Call options by funds: $10.6M | Put options by funds: $27.1M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$115
22%
upside
Avg. target
$133
41%
upside
High target
$160
70%
upside
7 analyst ratings
4 positive
57%
3 neutral
43%
0 negative
0%
Guggenheim Jonathan Lee | 33%upside $125 | Buy Reiterated | 10 Jun 2025 |
Mizuho Dan Dolev | 63%upside $153 | Outperform Maintained | 19 May 2025 |
Goldman Sachs James Schneider | 28%upside $120 | Neutral Maintained | 19 May 2025 |
Piper Sandler Arvind Ramnani | 23%upside $116 | Neutral Downgraded | 16 May 2025 |
Needham Mayank Tandon | 22%upside $115 | Buy Maintained | 16 May 2025 |
Financial journalist opinion
Based on 7 articles about GLOB published over the past 30 days
Positive
Zacks Investment Research
5 days ago
Globant Unveils AI Pods to Revolutionize IT Services Delivery Model
GLOB unveils AI Pods, a subscription-based AI service model aimed at revolutionizing IT delivery with faster, smarter outcomes.
Neutral
PRNewsWire
1 week ago
Globant Reimagines Traditional IT Services with AI Pods, the First Subscription Model for AI-Powered Engineering
Globant ushers in a new era of consumption-based pricing, aligned to outcomes instead of efforts. This new model provides guaranteed time and cost savings Globant's AI Pods offer an AI model-agnostic approach, empowering companies to leverage top-performing LLMs for agentic workflow production NEW YORK , June 5, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company dedicated to reinventing businesses through innovative technology solutions, unveils a new model to radically disrupt traditional IT services with AI.
Neutral
PRNewsWire
2 weeks ago
Globant opens its Middle East Regional HQ in Riyadh serving as a Center of Excellence for AI, creativity and cutting-edge digital solutions
Less than 3 years after its arrival to the region, Globant confirms its bet for Middle East, with its first regional HQ and an ambitious expansion plan The global digital transformation company, already partnering with the most significant Giga-projects in the region, expects this hub in the heart of a growing Saudi Arabia to serve as a platform to export talent and best practices worldwide Globant will train local IT talent in the latest AI skills so that they can orchestrate agentic workflows for key industries RIYADH, Saudi Arabia , May 27, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, inaugurated its Middle East Regional HQ in Riyadh, Saudi Arabia. Landed in the region less than three years ago, this marks a significant milestone in Globant's geographical expansion and its ambition to be at the heart of digital reinvention in the Middle East through cutting-edge AI solutions and digital customer experiences powered by the cultural insight and expertise of local talent.
Negative
Benzinga
3 weeks ago
Globant Analysts Slash Their Forecasts After Q1 Results
Globant S.A. GLOB reported worse-than-expected first-quarter financial results, issued second-quarter guidance below estimates, and cut its FY25 guidance, after the closing bell on Thursday.
Neutral
Seeking Alpha
3 weeks ago
Globant: Thoroughly Discounted For A 2026 Rebound
GLOB faces near-zero growth in 2025 due to macro headwinds and delayed IT spending, but this slowdown is sector-wide, not company-specific. Management is guiding conservatively, yet a strong pipeline and new AI subscription model could drive a 2026 rebound and high-teens growth by 2027. Valuation has reset after the recent selloff; at 0.9x PEG, downside appears limited, and upside could be significant if growth resumes as forecast.
Neutral
Zacks Investment Research
4 weeks ago
GLOB's Q1 Earnings & Revenues Miss Estimates, Stock Tumbles
Globant's Q1 performance reflects steady top-line growth and margins driven by AI tailwinds amid macroeconomic headwinds, fueling a cautious spending approach.
Negative
Benzinga
4 weeks ago
Globant, Doximity, Applied Materials And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Friday.
Negative
Zacks Investment Research
4 weeks ago
Globant (GLOB) Lags Q1 Earnings and Revenue Estimates
Globant (GLOB) came out with quarterly earnings of $1.50 per share, missing the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.53 per share a year ago.
Neutral
Seeking Alpha
4 weeks ago
Globant S.A. (GLOB) Q1 2025 Earnings Call Transcript
Globant S.A. (NYSE:GLOB ) Q1 2025 - Earnings Conference Call May 15, 2025 4:30 PM ET Company Participants Arturo Langa - IR Martin Migoya - Co-Founder and CEO Diego Tartara - Chief Technology Officer Patricia Pomies - COO Juan Urthiague - CFO Conference Call Participants Tien-tsin Huang - JPMorgan Jim Schneider - Goldman Sachs Brian Bergen - TD Cowen Jamie Freeman - Susquehanna Maggie Nolan - William Blair Jonathan Lee - Guggenheim Sean Kennedy - Mizuho Divya Goyal - Scotiabank Arvind Ramnani - Piper Sandler Operator Good afternoon and welcome to Globant's First Quarter 2025 Earnings Conference Call.
Neutral
PRNewsWire
1 month ago
Globant Reports 2025 First Quarter Financial Results
First quarter revenues of $611.1 million, up 7.0% year-over-year IFRS Diluted EPS of $0.68 for the first quarter Non-IFRS Adjusted Diluted EPS of $1.50 for the first quarter LUXEMBOURG , May 15, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three months ended March 31, 2025. Please see highlights below.
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