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AMC   5.16 (+2.99%)
PFE   43.64 (+0.21%)
PYPL   80.56 (+1.16%)
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NYSE:GLOB

Globant - GLOB Stock Forecast, Price & News

$159.77
-0.47 (-0.29%)
(As of 01/31/2023 12:12 PM ET)
Add
Compare
Today's Range
$157.60
▼
$161.71
50-Day Range
$156.11
▼
$192.94
52-Week Range
$151.63
▼
$286.63
Volume
162,781 shs
Average Volume
362,444 shs
Market Capitalization
$6.69 billion
P/E Ratio
49.16
Dividend Yield
N/A
Price Target
$230.38

Globant MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
45.7% Upside
$230.38 Price Target
Short Interest
Healthy
2.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.45
Upright™ Environmental Score
News Sentiment
0.41mentions of Globant in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.61%
From $4.08 to $4.88 Per Share

Overall MarketRank™

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

3.06 out of 5 stars

Computer And Technology Sector

22nd out of 631 stocks

Data Processing & Preparation Industry

1st out of 72 stocks

See Top Rated MarketRank™ Stocks Here

GLOB stock logo

About Globant (NYSE:GLOB) Stock

Globant S.A. operates as a technology services company worldwide. It 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. The company also provides smart farming, image diagnosis, healthcare interoperability, genomics data processing, telemedicine and medical device, research and development, and precision medicine services; media and entertainment, and travel and hospitality services; 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, it 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, smart venue, UI engineering, and sustainable business solutions. Further, the company provides smart underwriting, monitoring, and digital collection services; digital experience platforms; product strategy, management, and delivery services; and strategic architecture consulting, platforms evolution, and augmented composable solutions. Additionally, it operates augmented coding and testing, StarMeUp, PagoChat, ShopChat, and Walmeric platforms. 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.

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GLOB Stock News Headlines

January 30, 2023 | finance.yahoo.com
Following partnerships with La Liga, LA Clippers and FIFA+, Globant Reinforces its expertise into its Sports Reinvention Studio to provide world-class services to the sports industry
January 30, 2023 | americanbankingnews.com
Globant S.A. (NYSE:GLOB) Given Consensus Rating of "Moderate Buy" by Brokerages
January 31, 2023 | Investing Trends (Ad)
Elon Musk Claims Solar Will Soon Power the World
The world's wealthiest person -- Elon Musk -- is a visionary investor. And he fully expects solar power to be our #1 energy source within a few decades. Utility-scale solar is already becoming the cheapest option for electricity generation globally. So with the push toward clean, renewable energy, it's no wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.
January 13, 2023 | finance.yahoo.com
Do Options Traders Know Something About Globant (GLOB) Stock We Don't?
January 10, 2023 | finance.yahoo.com
Globant acquired Vertic to consolidate its digital marketing global network and start operations in Denmark
December 26, 2022 | finance.yahoo.com
Globant S.A. (NYSE:GLOB) Q3 2022 Earnings Call Transcript
December 6, 2022 | finance.yahoo.com
EXCLUSIVE INTERVIEW: Meet The Mysterious $7.3B NYSE-Traded Company Behind The World's Most Important Video Games
December 5, 2022 | finance.yahoo.com
Globant S.A.'s (NYSE:GLOB) Stock Is Going Strong: Have Financials A Role To Play?
January 31, 2023 | PressReach (Ad)
Top Innovation Stock
Today's stock market report features an AI Robotics tech stock with a $4 million order backlog.
November 29, 2022 | finance.yahoo.com
Globant Expands Operations in Asia-Pacific and Middle East
November 19, 2022 | finance.yahoo.com
Globant Third Quarter 2022 Earnings: EPS Misses Expectations
November 18, 2022 | finance.yahoo.com
Globant Reports 2022 Third Quarter Financial Results
November 18, 2022 | finance.yahoo.com
Globant (GLOB) Tops Q3 Earnings and Revenue Estimates
November 17, 2022 | finance.yahoo.com
Globant acquires Asia Pacific's leading digital commerce specialist eWave, and expands its presence to Australia and Asia
November 15, 2022 | finance.yahoo.com
Globant Launches New Enterprise Platforms Studios to Prepare Organizations for End-to-End Digital Reinvention
November 15, 2022 | finance.yahoo.com
Why Globant (GLOB) Might Surprise This Earnings Season
November 10, 2022 | finance.yahoo.com
Globant (GLOB) Earnings Expected to Grow: What to Know Ahead of Q3 Release
November 10, 2022 | finance.yahoo.com
Globant to Announce Third Quarter 2022 Financial Results on November 17th
November 7, 2022 | finance.yahoo.com
Should You Be Adding Globant (NYSE:GLOB) To Your Watchlist Today?
November 1, 2022 | finance.yahoo.com
Globant Earns the Frost & Sullivan 2022 Company of the Year Award for Digital Transformation Services
October 27, 2022 | finance.yahoo.com
Globant Partners with LA Clippers to Help Drive the Technology Powering Intuit Dome's Fan Experience
October 27, 2022 | finance.yahoo.com
L.A. Clippers partners with Globant to manage tech for Intuit Dome fan experience
October 24, 2022 | finance.yahoo.com
Globant Launches WaaSabi Platform, Enabling Customers to Add Digital Wallets on Any Digital Experience
October 20, 2022 | finance.yahoo.com
Save the Date for Globant's CONVERGE: Reinventing Connections
October 20, 2022 | markets.businessinsider.com
5 Analysts Have This to Say About Globant
October 17, 2022 | finance.yahoo.com
FIFA Bonds With Globant To Boost Its Streaming Platform Ahead Of World Cup 2022
October 17, 2022 | finance.yahoo.com
FIFA announces partnership with Globant to wide-ranging FIFA+ and multi-tournament agreement
See More Headlines
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GLOB Company Calendar

Last Earnings
11/17/2022
Today
1/31/2023
Next Earnings (Estimated)
2/16/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Data processing & preparation
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NYSE:GLOB
CUSIP
N/A
CIK
1557860
Web
www.globant.com
Phone
(522) 030-1596
Fax
N/A
Employees
23,526
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$230.38
High Stock Price Forecast
$300.00
Low Stock Price Forecast
$198.00
Forecasted Upside/Downside
+44.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$3.25
Trailing P/E Ratio
49.16
Forward P/E Ratio
39.16
P/E Growth
N/A
Net Income
$96.07 million
Net Margins
8.31%
Pretax Margin
10.81%
Return on Equity
11.76%
Return on Assets
8.47%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
2.32
Quick Ratio
2.32

Sales & Book Value

Annual Sales
$1.30 billion
Price / Sales
5.16
Cash Flow
$5.04 per share
Price / Cash Flow
31.72
Book Value
$32.69 per share
Price / Book
4.89

Miscellaneous

Outstanding Shares
41,890,000
Free Float
40,773,000
Market Cap
$6.69 billion
Optionable
Optionable
Beta
1.40

Key Executives

  • Mr. Martin Migoya (Age 55)
    Co-founder, Chairman, CEO & Pres
  • Mr. Martín Gonzalo Umaran (Age 55)
    Co-Founder, Chief Corp. Devel. Officer, Pres for EMEA & Director
  • Mr. Guibert Andres Englebienne (Age 57)
    Co-Founder, Pres of Globant X, Globant Ventures & Latin America and Director
  • Mr. Nestor Augusto Nocetti
    Co-Founder & Exec. VP of Corp. 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
    Gen. Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions













GLOB Stock - Frequently Asked Questions

Should I buy or sell Globant stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 6 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?

6 equities research analysts have issued 12-month price objectives for Globant's shares. Their GLOB share price forecasts range from $198.00 to $300.00. On average, they anticipate the company's stock price to reach $230.38 in the next twelve months. This suggests a possible upside of 43.8% 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 stock has decreased by 4.7% and is now trading at $160.24.
View the best growth stocks for 2023 here.

Are investors shorting Globant?

Globant saw a increase in short interest in December. As of December 15th, there was short interest totaling 1,050,000 shares, an increase of 11.9% from the November 30th total of 938,300 shares. Based on an average daily trading volume, of 303,200 shares, the days-to-cover ratio is currently 3.5 days. Currently, 2.6% of the company's shares are sold short.
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, February 16th 2023.
View our GLOB earnings forecast.

How were Globant's earnings last quarter?

Globant S.A. (NYSE:GLOB) announced its quarterly earnings data on Thursday, November, 17th. The information technology services provider reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.05 by $0.07. The information technology services provider had revenue of $458.88 million for the quarter, compared to the consensus estimate of $457.30 million. Globant had a net margin of 8.31% and a trailing twelve-month return on equity of 11.76%.

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

Globant updated its FY 2022 earnings guidance on Saturday, December, 17th. The company provided earnings per share guidance of $5.06- for the period, compared to the consensus estimate of $5.05. The company issued revenue guidance of $1.78B-, compared to the consensus revenue estimate of $1.78 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).

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 variety of retail and institutional investors. Top institutional investors include Pendal Group Ltd (3.43%), Riverbridge Partners LLC (3.28%), Allspring Global Investments Holdings LLC (1.05%), Stephens Investment Management Group LLC (0.59%), New York State Common Retirement Fund (0.17%) and National Bank of Canada FI (0.16%).

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 $160.24.

How much money does Globant make?

Globant (NYSE:GLOB) has a market capitalization of $6.71 billion and generates $1.67 billion in revenue each year. The information technology services provider earns $96.07 million in net income (profit) each year or $3.25 on an earnings per share basis.

How many employees does Globant have?

The company employs 23,526 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 1/31/2023 by MarketBeat.com Staff