217.45 USD
+0.22
0.10%
At close Feb 7, 4:00 PM EST
1 day
0.10%
5 days
4.00%
1 month
1.48%
3 months
-7.08%
6 months
16.31%
Year to date
2.05%
1 year
-7.95%
5 years
78.88%
10 years
1,436.75%
 

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

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 8 analysts

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

Low target
$205
6%
downside
Avg. target
$237
9%
upside
High target
$265
22%
upside

8 analyst ratings

positive
63%
neutral
38%
negative
0%
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

Positive
Benzinga
3 weeks ago
IBM, Globant, EPAM Top IT Bets For 2025, Driven by Demand Trends And Margin Expansion: Analyst
Goldman Sachs analyst James Schneider expects fourth-quarter 2024 reports to reflect gradual demand improvement in 2025 guidance. Based on intra-quarter management commentary and Accenture ACN
IBM, Globant, EPAM Top IT Bets For 2025, Driven by Demand Trends And Margin Expansion: Analyst
Neutral
Business Wire
1 month ago
Orbus Software Announces Strategic Growth Investment from FTV Capital and SilverTree Equity
NEW YORK & LONDON--(BUSINESS WIRE)-- #DigitalTransformation--Orbus Software announces strategic growth investment from FTV Capital and SilverTree Equity.
Orbus Software Announces Strategic Growth Investment from FTV Capital and SilverTree Equity
Positive
Zacks Investment Research
1 month ago
GLOB, Faros AI Team Up to Power AI-Driven Innovations: Stock to Gain?
By combining Globant's expertise in Agentic AI with Faros AI's platform, the alliance empowers software engineering teams to deliver better results faster.
GLOB, Faros AI Team Up to Power AI-Driven Innovations: Stock to Gain?
Neutral
Business Wire
1 month ago
Faros AI and Globant Announce Partnership to Drive Faster and More Efficient Agentic AI-Based Projects
SAN MATEO, Calif.--(BUSINESS WIRE)--Faros AI and Globant partner to boost SDLC efficiency with AI-powered insights, enhancing team performance, productivity, and business outcomes.
Faros AI and Globant Announce Partnership to Drive Faster and More Efficient Agentic AI-Based Projects
Neutral
PRNewsWire
2 months ago
From Synthetic Humans to Invisible Experiences - Globant Releases 2025 Tech Trends Report
The yearly report explores crucial sectors expected to experience substantial transformations in the near future. These developments signify a move toward a reality where technology is more user-friendly, compassionate, and integrated into everyday life.
From Synthetic Humans to Invisible Experiences - Globant Releases 2025 Tech Trends Report
Positive
Seeking Alpha
2 months ago
Globant: Growth Should Accelerate In The Coming Years
Growth for Globant S.A. is expected to accelerate over the next two years due to improving demand and a favorable macro environment. GLOB's recent earnings showed strong revenue growth and margin expansion, with net income up 12% y/y and EPS of $1.63. Valuation is attractive, with potential for GLOB to trade at a 22x forward EBITDA multiple as growth accelerates, offering significant upside.
Globant: Growth Should Accelerate In The Coming Years
Positive
Zacks Investment Research
2 months ago
Globant's Q3 Earnings Meet, Revenues Up Y/Y on Expanded Footprint
GLOB's Q3 2024 performance benefits from continued investments in artificial intelligence innovations and expanded market footprint.
Globant's Q3 Earnings Meet, Revenues Up Y/Y on Expanded Footprint
Positive
Zacks Investment Research
2 months ago
These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
Neutral
Seeking Alpha
2 months ago
Globant S.A. (GLOB) Q3 2024 Earnings Call Transcript
Globant S.A. (NYSE:GLOB ) Q3 2024 Earnings Conference Call November 14, 2024 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 Bryan Bergin - TD Cowen Maggie Nolan - William Blair Leonardo Olmos - UBS Jonathan Lee - Guggenheim Jason Kupferberg - Bank of America Surinder Thind - Jefferies Bryan Keane - Deutsche Bank Divya Goyal - Scotia Sean Kennedy - Mitsukho Thiago Kapulskis - Itau Arturo Langa Good day, and welcome to Globant's Third Quarter 2024 Earnings Conference Call.
Globant S.A. (GLOB) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
2 months ago
Globant (GLOB) Matches Q3 Earnings Estimates
Globant (GLOB) came out with quarterly earnings of $1.63 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.48 per share a year ago.
Globant (GLOB) Matches Q3 Earnings Estimates
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