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S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
NYSE:GLOB

Globant (GLOB) Stock Price, News & Analysis

$223.19
-2.71 (-1.20%)
(As of 02/27/2024 ET)
Today's Range
$222.58
$227.33
50-Day Range
$220.71
$249.88
52-Week Range
$135.40
$251.50
Volume
256,378 shs
Average Volume
427,105 shs
Market Capitalization
$9.47 billion
P/E Ratio
61.49
Dividend Yield
N/A
Price Target
$244.50

Globant MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
9.5% Upside
$244.50 Price Target
Short Interest
Healthy
1.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.56
Upright™ Environmental Score
News Sentiment
0.78mentions of Globant in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.30%
From $5.13 to $6.12 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.71 out of 5 stars

Computer And Technology Sector

54th out of 595 stocks

Data Processing & Preparation Industry

2nd out of 59 stocks


GLOB stock logo

About Globant Stock (NYSE:GLOB)

Globant S.A. operates as a technology services company worldwide. The company offers e-commerce, new distribution capabilities, augmented revenue management, hyper connected operation, and conversational user experience services through reinvention studios; digital lending, commercial effectiveness, finance, sustainability, regulation analytic, transformation and post-merger integration, and payment and open banking services; and game and graphic engineering, UI and UX design, game as a service, DevOps, and online services, as well as high tech tools. It also provides cloud transformation advice, building cloud environment, moving workloads to the cloud, cloud support and operation, chaos engineering, and site reliability engineering services; and data strategies, insights, data platforms, MLOps, and data as a product services. In addition, the company offers agile delivery, blockchain, business and cultural hacking, conversational interface, cybersecurity, design, digital sales and marketing, enterprise applications, internet of thing, metaverse, process optimization, quality engineering, salesforce, learning, UI engineering, and sustainable business solutions. Further, it provides digital experience platforms; product strategy, management, and delivery services; and strategic architecture consulting, platforms evolution, and augmented composable solutions. Additionally, operates Augoor, MagnifAI, StarMeUp, WaaSabi, Walmeric, GeneXus, Navigate, BeHealthy, and FluentLab platforms. It offers its services to enterprises in various industries, including media and entertainment, professional, technology and telecommunications, travel and hospitality, banks, financial services and insurance, consumer, retail and manufacturing, health care, and others. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant S.A. was founded in 2003 and is based in Luxembourg.

GLOB Stock Price History

GLOB Stock News Headlines

UBS Group Boosts Globant (NYSE:GLOB) Price Target to $240.00
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Globant SA
Globant's (GLOB) Buy Rating Reaffirmed at Mizuho
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
GLOB May 2024 270.000 put
GLOB Aug 2024 250.000 put
Globant (NYSE:GLOB) Given New $272.00 Price Target at KeyCorp
Wedbush Reiterates "Outperform" Rating for Globant (NYSE:GLOB)
Globant (NYSE:GLOB) PT Raised to $290.00
Globant (NYSE:GLOB) Shares Gap Down to $239.11
Globant S.A. (NYSE:GLOB) Sees Large Drop in Short Interest
GLOB Mar 2024 195.000 put
GLOB Mar 2024 200.000 call
The Tipping Point Of AI
Globant slides on conservative full-year guidance
These Analysts Increase Their Forecasts On Globant After Q4 Results
Demystifying Globant: Insights From 8 Analyst Reviews
Globant S.A. (NYSE:GLOB) Q4 2023 Earnings Call Transcript
Recap: Globant Q4 Earnings
See More Headlines
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Company Calendar

Last Earnings
11/18/2021
Today
2/27/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Fax
N/A
Employees
27,122
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$244.50
High Stock Price Target
$290.00
Low Stock Price Target
$202.00
Potential Upside/Downside
+9.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
15 Analysts

Profitability

Net Income
$158.54 million
Pretax Margin
9.45%

Debt

Sales & Book Value

Annual Sales
$2.10 billion
Cash Flow
$6.60 per share
Book Value
$42.10 per share

Miscellaneous

Free Float
41,302,000
Market Cap
$9.47 billion
Optionable
Optionable
Beta
1.39
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Key Executives

  • Mr. Martin Migoya (Age 56)
    Co-founder, Chairman, CEO & President
  • Mr. Martín Gonzalo Umaran (Age 56)
    Co-Founder, Chief Corporate Development Officer, President for EMEA & Director
  • Mr. Guibert Andres Englebienne (Age 58)
    Co-Founder, President of Globant X, Globant Ventures & Latin America and Director
  • Mr. Nestor Augusto Nocetti
    Co-Founder & Executive VP of Corporate Affairs
  • Mr. Juan Ignacio Urthiague
    CFO & Investor Relations Officer
  • Ms. Patricia Pomies
    Chief Operating Officer
  • Ms. Yanina Maria Conti
    Chief Accounting Officer
  • Mr. Diego Tartara
    Chief Technology Officer
  • Mr. Sebastian Arriada
    Chief Information Officer
  • Mr. Patricio Pablo Rojo
    General Counsel














GLOB Stock Analysis - Frequently Asked Questions

Should I buy or sell Globant stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GLOB shares.
View GLOB analyst ratings
or view top-rated stocks.

What is Globant's stock price target for 2024?

15 Wall Street research analysts have issued twelve-month target prices for Globant's stock. Their GLOB share price targets range from $202.00 to $290.00. On average, they anticipate the company's stock price to reach $244.50 in the next year. This suggests a possible upside of 9.5% from the stock's current price.
View analysts price targets for GLOB
or view top-rated stocks among Wall Street analysts.

How have GLOB shares performed in 2024?

Globant's stock was trading at $237.98 at the beginning of 2024. Since then, GLOB shares have decreased by 6.2% and is now trading at $223.19.
View the best growth stocks for 2024 here
.

Are investors shorting Globant?

Globant saw a drop in short interest in January. As of January 31st, there was short interest totaling 648,700 shares, a drop of 6.1% from the January 15th total of 691,200 shares. Based on an average daily volume of 451,800 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.6% of the company's stock are short sold.
View Globant's Short Interest
.

When is Globant's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our GLOB earnings forecast
.

How were Globant's earnings last quarter?

Globant S.A. (NYSE:GLOB) announced its quarterly earnings results on Thursday, November, 18th. The information technology services provider reported $0.98 earnings per share for the quarter, beating analysts' consensus estimates of $0.93 by $0.05. The information technology services provider had revenue of $341.83 million for the quarter, compared to analyst estimates of $326.80 million. Globant had a trailing twelve-month return on equity of 11.38% and a net margin of 7.56%. Globant's revenue for the quarter was up 65.0% on a year-over-year basis. During the same quarter last year, the business earned $0.43 earnings per share.

What guidance has Globant issued on next quarter's earnings?

Globant issued an update on its FY 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share (EPS) guidance of 6.500- for the period, compared to the consensus earnings per share estimate of 6.670. The company issued revenue guidance of $2.4 billion-, compared to the consensus revenue estimate of $2.5 billion.

What is Martin Migoya's approval rating as Globant's CEO?

1,122 employees have rated Globant Chief Executive Officer Martin Migoya on Glassdoor.com. Martin Migoya has an approval rating of 96% among the company's employees. This puts Martin Migoya in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Globant own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Globant investors own include General Electric (GE), NVIDIA (NVDA), Alibaba Group (BABA), Block (SQ), Alteryx (AYX), Baidu (BIDU), Salesforce (CRM), Invitae (NVTA), CRISPR Therapeutics (CRSP) and JD.com (JD).

Who are Globant's major shareholders?

Globant's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (9.31%), Wasatch Advisors LP (7.36%), Sands Capital Management LLC (3.45%), Riverbridge Partners LLC (3.27%), Capital International Investors (3.12%) and Riverbridge Partners LLC (3.06%).

How do I buy shares of Globant?

Shares of GLOB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GLOB) was last updated on 2/28/2024 by MarketBeat.com Staff