Globant S.A. (NYSE:GLOB) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Analyst consensus: "Hold" — 19 brokerages cover Globant (1 sell, 10 hold, 8 buy) with an average 12‑month price target of $79.12.
• Recent results: Globant reported $1.54 EPS (in line) on $612.47M revenue, with revenue down 4.7% year‑over‑year, and issued Q1 2026 guidance of 1.44–1.54 EPS and FY 2026 guidance of 6.10–6.50 EPS (analysts average 5.73 EPS).
• Ownership and valuation — institutional investors own 91.6% of the stock; the shares opened at $46.47, market cap about $2.04B, P/E ~20.3 and a 52‑week range of $40.76–$142.24, reflecting a steep decline from the high.

Shares of Globant S.A. (NYSE:GLOB - Get Free Report) have been assigned a consensus rating of "Hold" from the nineteen ratings firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $79.1176.

A number of research firms recently weighed in on GLOB. Needham & Company LLC reaffirmed a "buy" rating and issued a $60.00 price target on shares of Globant in a report on Thursday, March 19th. JPMorgan Chase & Co. dropped their price objective on Globant from $75.00 to $68.00 and set a "neutral" rating on the stock in a report on Wednesday, February 18th. TD Cowen dropped their price objective on Globant from $74.00 to $72.00 and set a "buy" rating on the stock in a report on Monday, April 6th. Wedbush began coverage on Globant in a report on Thursday, April 9th. They issued an "outperform" rating and a $61.00 price objective on the stock. Finally, William Blair reissued an "outperform" rating on shares of Globant in a report on Wednesday, December 31st.

Institutional Trading of Globant

Several institutional investors have recently bought and sold shares of GLOB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Globant in the first quarter valued at approximately $447,000. Goldman Sachs Group Inc. increased its stake in Globant by 69.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 74,237 shares of the information technology services provider's stock worth $8,739,000 after buying an additional 30,386 shares in the last quarter. First Trust Advisors LP increased its stake in Globant by 61.9% during the 2nd quarter. First Trust Advisors LP now owns 102,280 shares of the information technology services provider's stock worth $9,291,000 after buying an additional 39,122 shares in the last quarter. Marshall Wace LLP increased its stake in Globant by 823.2% during the 2nd quarter. Marshall Wace LLP now owns 105,894 shares of the information technology services provider's stock worth $9,619,000 after buying an additional 94,424 shares in the last quarter. Finally, Amundi increased its stake in Globant by 192.7% during the 2nd quarter. Amundi now owns 7,970 shares of the information technology services provider's stock worth $727,000 after buying an additional 5,247 shares in the last quarter. 91.60% of the stock is owned by institutional investors and hedge funds.

Globant Stock Performance

NYSE GLOB opened at $46.47 on Tuesday. The stock has a 50-day simple moving average of $48.38 and a two-hundred day simple moving average of $58.46. The firm has a market capitalization of $2.04 billion, a P/E ratio of 20.29, a PEG ratio of 1.56 and a beta of 1.22. Globant has a fifty-two week low of $40.76 and a fifty-two week high of $142.24. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.64 and a current ratio of 1.64.

Globant (NYSE:GLOB - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The information technology services provider reported $1.54 earnings per share for the quarter, meeting analysts' consensus estimates of $1.54. The business had revenue of $612.47 million during the quarter, compared to analyst estimates of $605.61 million. Globant had a return on equity of 9.98% and a net margin of 4.19%.The company's revenue was down 4.7% on a year-over-year basis. During the same quarter last year, the business posted $1.75 EPS. 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, equities analysts forecast that Globant will post 5.73 earnings per share for the current year.

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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