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NYSE:GLOB

Globant - GLOB Stock Forecast, Price & News

$157.12
+2.00 (+1.29%)
(As of 03/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$154.37
$158.16
50-Day Range
$148.50
$178.26
52-Week Range
$144.71
$276.76
Volume
374,940 shs
Average Volume
409,587 shs
Market Capitalization
$6.67 billion
P/E Ratio
45.15
Dividend Yield
N/A
Price Target
$230.11

Globant MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
46.5% Upside
$230.11 Price Target
Short Interest
Healthy
2.18% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.45
Upright™ Environmental Score
News Sentiment
N/A
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.

2.76 out of 5 stars

Computer And Technology Sector

85th out of 614 stocks

Data Processing & Preparation Industry

7th out of 71 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
Banking Nightmare
During and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …
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?
Banking Nightmare
During and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …
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
3/27/2023
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
+46.5%
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
$6.78 per share
Book Value
$37.15 per share

Miscellaneous

Free Float
41,302,000
Market Cap
$6.67 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 equities research 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 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?

8 brokers have issued twelve-month price objectives for Globant's shares. 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 twelve months. 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 at the start of the year. Since then, GLOB stock has 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 during 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 trading volume of 356,200 shares, the short-interest ratio is presently 2.6 days. Approximately 2.3% of the shares of the stock 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, May 18th 2023.
View our GLOB earnings forecast
.

How were Globant's earnings last quarter?

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

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

Globant updated its first quarter 2023 earnings guidance on Monday, February, 20th. The company provided earnings per share guidance of $1.27- for the period, compared to the consensus earnings per share 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 many different 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 3/27/2023 by MarketBeat.com Staff