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NYSE:GLOB

Globant (GLOB) Stock Forecast, Price & News

$186.82
+3.01 (+1.64%)
(As of 06/1/2023 ET)
Compare
Today's Range
$180.49
$187.96
50-Day Range
$137.07
$183.87
52-Week Range
$135.40
$240.00
Volume
529,835 shs
Average Volume
474,729 shs
Market Capitalization
$7.93 billion
P/E Ratio
53.99
Dividend Yield
N/A
Price Target
$216.44

Globant MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
15.9% Upside
$216.44 Price Target
Short Interest
Healthy
2.62% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.59
Upright™ Environmental Score
News Sentiment
0.49mentions of Globant in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
23.55%
From $4.67 to $5.77 Per Share

Overall MarketRank

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

2.48 out of 5 stars

Computer And Technology Sector

301st out of 1,226 stocks

Data Processing & Preparation Industry

21st out of 132 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

I AI: Globant's New Commercial of the
The $193 Billion US-China War You Don't Know About
They're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.
Globant (NYSE:GLOB) Updates FY 2023 Earnings Guidance
Globant (NYSE:GLOB) PT Raised to $207.00 at Piper Sandler
Globant (NYSE:GLOB) Releases Q2 Earnings Guidance
The $193 Billion US-China War You Don't Know About
They're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.
Globant (NYSE:GLOB) Issues FY23 Earnings Guidance
Why Globant Stock Soared Today
Globant: Q1 Earnings Insights
Globant Reports 2023 First Quarter Financial Results
Globant: Q1 Earnings Snapshot
Here's what Wall Street expects from Globant's earnings
Globant (NYSE:GLOB) Now Covered by Analysts at StockNews.com
Globant Q1 2023 Earnings Preview
Earnings Preview For Globant
See More Headlines

GLOB Price History

GLOB Company Calendar

Last Earnings
11/18/2021
Today
6/01/2023
Next Earnings (Estimated)
8/17/2023
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
$216.44
High Stock Price Forecast
$250.00
Low Stock Price Forecast
$192.00
Forecasted Upside/Downside
+17.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
9 Analysts

Profitability

Net Income
$148.89 million
Pretax Margin
10.33%

Debt

Sales & Book Value

Annual Sales
$1.78 billion
Cash Flow
$6.70 per share
Book Value
$38.24 per share

Miscellaneous

Free Float
41,302,000
Market Cap
$7.80 billion
Optionable
Optionable
Beta
1.41

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?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Globant in the last twelve months. There are currently 9 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?

9 Wall Street analysts have issued 1 year price targets for Globant's stock. Their GLOB share price forecasts range from $192.00 to $250.00. On average, they expect the company's stock price to reach $216.44 in the next twelve months. This suggests a possible upside of 15.9% 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 beginning of 2023. Since then, GLOB shares have increased by 11.1% and is now trading at $186.82.
View the best growth stocks for 2023 here
.

Are investors shorting Globant?

Globant saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,110,000 shares, an increase of 17.8% from the April 30th total of 942,000 shares. Based on an average trading volume of 482,600 shares, the short-interest ratio is presently 2.3 days.
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, August 17th 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, November, 18th. The information technology services provider reported $0.98 earnings per share for the quarter, topping 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 the consensus estimate of $326.80 million. Globant had a trailing twelve-month return on equity of 11.65% and a net margin of 8.03%. The business's quarterly revenue was up 65.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.43 earnings per share.

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

Globant updated its second quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of $1.33- for the period, compared to the consensus EPS estimate of $1.35. The company issued revenue guidance of $496.00M-, compared to the consensus revenue estimate of $493.76 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 shareholders include Price T Rowe Associates Inc. MD (8.03%), BlackRock Inc. (6.50%), Wasatch Advisors LP (5.97%), JPMorgan Chase & Co. (4.21%), Sands Capital Management LLC (3.32%) and Perpetual Ltd (3.19%).

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 $186.82.

How much money does Globant make?

Globant (NYSE:GLOB) has a market capitalization of $7.93 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 $3.46 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 6/1/2023 by MarketBeat.com Staff

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