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NYSE:GLOB

Globant - GLOB Stock Forecast, Price & News

$155.12
-0.37 (-0.24%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$151.52
$155.18
50-Day Range
$148.50
$178.26
52-Week Range
$144.71
$276.76
Volume
496,743 shs
Average Volume
410,195 shs
Market Capitalization
$6.58 billion
P/E Ratio
44.57
Dividend Yield
N/A
Price Target
$230.11

Globant MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
48.3% Upside
$230.11 Price Target
Short Interest
Healthy
2.26% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.45
Upright™ Environmental Score
News Sentiment
0.49mentions of Globant in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
25.70%
From $4.63 to $5.82 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.82 out of 5 stars

Computer And Technology Sector

86th out of 604 stocks

Data Processing & Preparation Industry

10th out of 67 stocks


GLOB stock logo

About Globant (NYSE:GLOB) Stock

Globant SA engages in the provision of information technology services. It includes application development, testing, infrastructure management, and application maintenance. The company was founded by Martín Migoya, Martín Gonzalo Umaran, Guibert Andrés Englebienne, and Néstor Augusto Nocetti in 2003 and is headquartered in Luxembourg.

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GLOB Stock News Headlines

Return Trends At Globant (NYSE:GLOB) Aren't Appealing
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Here’s Why Globant S.A. (GLOB) Declined in Q4
Globant Files Annual Report for 2022
Should You Invest in Globant S.A. (GLOB) Now?
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Here’s Why You Should Hold Globant, S.A. (GLOB)
Is There Now An Opportunity In Globant S.A. (NYSE:GLOB)?
Globant (GLOB) Q4 Earnings and Revenues Top Estimates
Globant S.A. (NYSE:GLOB) Q3 2022 Earnings Call Transcript
Globant Expands Operations in Asia-Pacific and Middle East
Globant Reports 2022 Third Quarter Financial Results
Globant (GLOB) Tops Q3 Earnings and Revenue Estimates
Why Globant (GLOB) Might Surprise This Earnings Season
See More Headlines
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GLOB Company Calendar

Last Earnings
2/16/2023
Today
3/24/2023
Next Earnings (Estimated)
5/18/2023
Fiscal Year End
12/31/2023

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 Forecast
$230.11
High Stock Price Forecast
$300.00
Low Stock Price Forecast
$192.00
Forecasted Upside/Downside
+48.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$148.89 million
Pretax Margin
10.84%

Debt

Sales & Book Value

Annual Sales
$1.78 billion
Cash Flow
$6.76 per share
Book Value
$37.15 per share

Miscellaneous

Free Float
41,302,000
Market Cap
$6.58 billion
Optionable
Optionable
Beta
1.43

Key Executives

  • Martín Migoya
    Chairman & Chief Executive Officer
  • Patricia Pomies
    Chief Operating Officer
  • Juan Ignacio Urthiague
    Chief Financial Officer
  • Diego Tartara
    Chief Technology Officer
  • Sebastian Arriada
    Chief Information Officer













GLOB Stock - Frequently Asked Questions

Should I buy or sell Globant stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GLOB shares.
View GLOB analyst ratings
or view top-rated stocks.

What is Globant's stock price forecast for 2023?

8 analysts have issued 12 month price targets for Globant's stock. Their GLOB share price forecasts range from $192.00 to $300.00. On average, they expect the company's stock price to reach $230.11 in the next year. This suggests a possible upside of 48.3% 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 2023?

Globant's stock was trading at $168.16 on January 1st, 2023. Since then, GLOB shares have decreased by 7.8% and is now trading at $155.12.
View the best growth stocks for 2023 here
.

Are investors shorting Globant?

Globant saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 922,200 shares, an increase of 11.3% from the February 13th total of 828,400 shares. Based on an average daily volume of 356,200 shares, the days-to-cover ratio is currently 2.6 days. Approximately 2.3% of the shares of the company 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 18th 2023.
View our GLOB earnings forecast
.

How were Globant's earnings last quarter?

Globant S.A. (NYSE:GLOB) posted its quarterly earnings data on Thursday, February, 16th. The information technology services provider reported $1.12 EPS for the quarter, missing the consensus estimate of $1.14 by $0.02. The information technology services provider earned $490.72 million during the quarter, compared to analysts' expectations of $489.67 million. Globant had a net margin of 8.36% and a trailing twelve-month return on equity of 12.09%.

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

Globant issued an update on its first quarter 2023 earnings guidance on Monday, February, 20th. The company provided EPS guidance of $1.27- for the period, compared to the consensus EPS estimate of $1.35. The company issued revenue guidance of $470.00M-, compared to the consensus revenue estimate of $487.86 million.

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).

What is Globant's stock symbol?

Globant trades on the New York Stock Exchange (NYSE) under the ticker symbol "GLOB."

Who are Globant's major shareholders?

Globant's stock is owned by a number of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (8.26%), Price T Rowe Associates Inc. MD (7.37%), Morgan Stanley (5.25%), Pendal Group Ltd (3.43%), Sands Capital Management LLC (3.34%) and Riverbridge Partners LLC (3.28%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Globant's stock price today?

One share of GLOB stock can currently be purchased for approximately $155.12.

How much money does Globant make?

Globant (NYSE:GLOB) has a market capitalization of $6.58 billion and generates $1.78 billion in revenue each year. The information technology services provider earns $148.89 million in net income (profit) each year or $3.48 on an earnings per share basis.

How many employees does Globant have?

The company employs 27,122 workers across the globe.

How can I contact Globant?

Globant's mailing address is 37A AVENUE J.F. KENNEDY, Luxembourg N4, L-1855. The official website for the company is www.globant.com. The information technology services provider can be reached via phone at (522) 030-1596 or via email at investors@globant.com.

This page (NYSE:GLOB) was last updated on 3/24/2023 by MarketBeat.com Staff