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NYSE:GLOB

Globant - GLOB Stock Forecast, Price & News

$174.22
-1.09 (-0.62%)
(As of 11/29/2022 04:34 PM ET)
Add
Compare
Today's Range
$174.22
▼
$176.63
50-Day Range
$160.00
▼
$210.41
52-Week Range
$155.01
▼
$324.29
Volume
151,378 shs
Average Volume
342,311 shs
Market Capitalization
$7.30 billion
P/E Ratio
53.61
Dividend Yield
N/A
Price Target
$235.00

Globant MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
34.9% Upside
$235.00 Price Target
Short Interest
Healthy
2.49% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.34
Upright™ Environmental Score
News Sentiment
0.15mentions of Globant in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.59%
From $4.08 to $4.92 Per Share

Overall MarketRank™

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

3.14 out of 5 stars

Computer And Technology Sector

15th out of 632 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

November 29, 2022 | finance.yahoo.com
Globant Expands Operations in Asia-Pacific and Middle East
November 22, 2022 | americanbankingnews.com
Globant (NYSE:GLOB) Given New $207.00 Price Target at Cowen
November 21, 2022 | americanbankingnews.com
Globant (NYSE:GLOB) PT Lowered to $232.00 at KeyCorp
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
October 16, 2022 | reuters.com
GLOB.N - Globant SA | Stock Price & Latest News | Reuters
October 15, 2022 | barrons.com
China Leader Xi Expected To Be Given Third Term On October 23 - Barron's
October 15, 2022 | barrons.com
BTS To Hold Free Concert To Promote S. Korea's World Expo Bid - Barron's
October 15, 2022 | barrons.com
Barcelona 'Spectacular' In La Liga, Warns Real Madrid Coach Ancelotti - Barron's
October 14, 2022 | barrons.com
One Dead As Australia Floods Start To Recede - Barron's
See More Headlines
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GLOB Company Calendar

Last Earnings
11/18/2021
Today
11/29/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/16/2023
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
$235.00
High Stock Price Forecast
$300.00
Low Stock Price Forecast
$207.00
Forecasted Upside/Downside
+34.9%
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
53.61
Forward P/E Ratio
42.70
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
5.63
Cash Flow
$5.06 per share
Price / Cash Flow
34.46
Book Value
$32.69 per share
Price / Book
5.33

Miscellaneous

Outstanding Shares
41,891,000
Free Float
40,773,000
Market Cap
$7.30 billion
Optionable
Optionable
Beta
1.41

Key Executives

  • Mr. Martin Migoya (Age 54)
    Co-founder, Chairman, CEO & Pres
  • Mr. Martín Gonzalo Umaran (Age 54)
    Co-Founder, Chief Corp. Devel. Officer, Pres for EMEA & Director
  • Mr. Guibert Andres Englebienne (Age 56)
    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 Insider Transactions
View All Institutional Transactions













GLOB Stock - Frequently Asked Questions

Should I buy or sell Globant stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Globant in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research 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 Wall Street research analysts have issued twelve-month price targets for Globant's stock. Their GLOB share price forecasts range from $207.00 to $300.00. On average, they predict the company's share price to reach $235.00 in the next year. This suggests a possible upside of 34.0% 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 2022?

Globant's stock was trading at $314.09 at the beginning of 2022. Since then, GLOB shares have decreased by 44.2% and is now trading at $175.31.
View the best growth stocks for 2022 here.

Are investors shorting Globant?

Globant saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 1,020,000 shares, a drop of 16.4% from the October 31st total of 1,220,000 shares. Based on an average trading volume of 315,300 shares, the days-to-cover ratio is currently 3.2 days. Approximately 2.5% 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, February 16th 2023.
View our GLOB earnings forecast.

How were Globant's earnings last quarter?

Globant S.A. (NYSE:GLOB) posted its quarterly earnings results on Thursday, November, 18th. The information technology services provider reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.05. The information technology services provider earned $341.83 million during the quarter, compared to analysts' expectations of $326.80 million. Globant had a net margin of 8.31% and a trailing twelve-month return on equity of 11.76%. The company's quarterly revenue was up 65.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.43 earnings per share.

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

Globant updated its FY 2022 earnings guidance on Thursday, November, 17th. The company provided earnings per share (EPS) 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.90%), Price T Rowe Associates Inc. MD (6.37%), Sands Capital Management LLC (3.51%), Riverbridge Partners LLC (3.39%), Pendal Group Ltd (3.27%) and Fisher Asset Management LLC (2.20%).

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 $175.31.

How much money does Globant make?

Globant (NYSE:GLOB) has a market capitalization of $7.34 billion and generates $1.30 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 11/29/2022 by MarketBeat.com Staff