Shares of Globant S.A. (NYSE:GLOB – Get Free Report) have been given an average rating of “Hold” by the seventeen research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $87.1333.
GLOB has been the subject of a number of research reports. Truist Financial started coverage on shares of Globant in a research note on Tuesday, January 6th. They set a “hold” rating and a $72.00 target price for the company. UBS Group restated a “neutral” rating and set a $75.00 price objective on shares of Globant in a research report on Monday, January 19th. Jefferies Financial Group downgraded Globant from a “buy” rating to a “hold” rating and decreased their target price for the company from $80.00 to $61.00 in a research report on Thursday, November 20th. Canaccord Genuity Group lowered their target price on Globant from $70.00 to $50.00 and set a “hold” rating on the stock in a research note on Friday. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Globant in a research note on Monday, December 29th.
Get Our Latest Analysis on Globant
Globant Price Performance
Globant (NYSE:GLOB – Get Free Report) last posted its earnings results on Thursday, February 26th. The information technology services provider reported $1.54 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.54. Globant had a return on equity of 9.95% and a net margin of 4.19%.The business had revenue of $612.47 million for the quarter, compared to analyst estimates of $605.61 million. During the same period in the previous year, the firm earned $1.75 EPS. The firm’s revenue was down 4.7% compared to the same quarter last year. Globant has set its Q1 2026 guidance at 1.440-1.540 EPS and its FY 2026 guidance at 6.100-6.500 EPS. On average, analysts anticipate that Globant will post 5.73 earnings per share for the current year.
Key Headlines Impacting Globant
Here are the key news stories impacting Globant this week:
- Positive Sentiment: Company issued above‑consensus guidance for FY‑2026 (EPS 6.10–6.50 vs. street ~5.67) and Q1‑2026 (EPS 1.44–1.54 vs. street ~1.33), supporting expectations for margin improvement and growth recovery. Globant Reports 2025 Fourth Quarter Financial Results
- Positive Sentiment: Firm reported record free cash flow despite a revenue decline, a sign of stronger cash generation and balance‑sheet resilience. Record Free Cash Flow Amid Revenue Decline
- Positive Sentiment: Needham trimmed its price target to $60 but kept a Buy rating — the PT implies meaningful upside (~21% from current levels), showing at least one analyst sees room for rerating if execution continues. Needham PT Lowered to $60
- Neutral Sentiment: Q4 results: EPS $1.54 (in line with estimates) and revenue $612.5M (beat ~$605.6M consensus) — mixed topline pressure but no major earnings surprise. MarketBeat Q4 Earnings Summary
- Neutral Sentiment: Earnings call transcript and analyst coverage provide more detail on client demand and margin drivers; useful for investors who want to parse guidance drivers and client dynamics. Earnings Call Transcript
- Negative Sentiment: Canaccord cut its price target to $50 and moved to a Hold, reducing near‑term analyst support and signaling caution about the recovery pace. Benzinga: Canaccord PT Cut
- Negative Sentiment: Revenue was down ~4.7% year‑over‑year and EPS fell from $1.75 a year earlier to $1.54, highlighting that demand softness is still pressuring growth — a key risk if recovery stalls. Zacks: Q4 Earnings Match Estimates
Hedge Funds Weigh In On Globant
Several institutional investors and hedge funds have recently modified their holdings of GLOB. Allworth Financial LP raised its stake in Globant by 214.1% in the 2nd quarter. Allworth Financial LP now owns 289 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 197 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of Globant by 352.0% in the third quarter. Geneos Wealth Management Inc. now owns 452 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 352 shares in the last quarter. Signaturefd LLC raised its position in shares of Globant by 65.1% in the fourth quarter. Signaturefd LLC now owns 482 shares of the information technology services provider’s stock valued at $32,000 after buying an additional 190 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of Globant by 561.2% in the fourth quarter. Larson Financial Group LLC now owns 681 shares of the information technology services provider’s stock valued at $45,000 after buying an additional 578 shares during the period. Finally, GAMMA Investing LLC grew its position in Globant by 34.3% during the fourth quarter. GAMMA Investing LLC now owns 712 shares of the information technology services provider’s stock worth $47,000 after buying an additional 182 shares in the last quarter. 91.60% of the stock is currently owned by institutional investors and hedge funds.
About Globant
Globant is a digitally native technology services company founded in 2003 in Buenos Aires, Argentina. Specializing in software development and digital transformation, Globant partners with enterprises to conceive, design and engineer software products and platforms. The company leverages agile methodologies and proprietary delivery frameworks to accelerate projects in areas such as cloud migration, user experience design, data analytics, artificial intelligence and blockchain-enabled solutions.
Globant’s service offerings span strategy consulting, custom software engineering, digital experience design and managed services.
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