NYSE:GLOBGlobant Stock Price, Forecast & News

Globant's stock was trading at $98.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GLOB stock has increased by 56.9% and is now trading at $154.04. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Globant.

Globant is scheduled to release its next quarterly earnings announcement on Thursday, August 20th 2020. View our earnings forecast for Globant.

Globant SA (NYSE:GLOB) announced its quarterly earnings data on Thursday, May, 14th. The information technology services provider reported $0.48 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.48. The information technology services provider had revenue of $191.57 million for the quarter, compared to analysts' expectations of $190.24 million. Globant had a net margin of 7.82% and a return on equity of 16.57%. View Globant's earnings history.

Globant updated its second quarter 2020 After-Hours earnings guidance on Thursday, May, 14th. The company provided earnings per share (EPS) guidance of 0.47 for the period, compared to the Thomson Reuters consensus estimate of $0.49. The company issued revenue guidance of $179 million, compared to the consensus revenue estimate of $173.8 million.

11 brokers have issued 1 year price targets for Globant's shares. Their forecasts range from $80.00 to $167.00. On average, they anticipate Globant's share price to reach $130.33 in the next year. This suggests that the stock has a possible downside of 15.4%. View analysts' price targets for Globant.

News articles about GLOB stock have been trending negative on Saturday, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Globant earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned news coverage about the information technology services provider a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the stock's share price in the near future. View the latest news about Globant.

Globant saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,970,000 shares, a decrease of 5.3% from the May 31st total of 2,080,000 shares. Based on an average trading volume of 462,900 shares, the days-to-cover ratio is presently 4.3 days. Currently, 5.1% of the shares of the stock are short sold. View Globant's Current Options Chain.

Some companies that are related to Globant include Bilibili (BILI), PagSeguro Digital (PAGS), StoneCo (STNE), Zendesk (ZEN), Autohome (ATHM), Zynga (ZNGA), Clarivate Analytics (CCC), Pegasystems (PEGA), YY (YY), Five9 (FIVN), Proofpoint (PFPT), Corelogic (CLGX), DXC Technology (DXC), Change Healthcare (CHNG) and Inovalon (INOV). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Globant investors own include General Electric (GE), NVIDIA (NVDA), Alibaba Group (BABA), Baidu (BIDU), Marvell Technology Group (MRVL), Square (SQ), Crispr Therapeutics (CRSP), InVitae (NVTA), Cisco Systems (CSCO) and Inseego (INSG).

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

Shares of GLOB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of GLOB stock can currently be purchased for approximately $154.04.

Globant has a market capitalization of $5.71 billion and generates $659.33 million in revenue each year. The information technology services provider earns $54.01 million in net income (profit) each year or $1.76 on an earnings per share basis. Globant employs 11,855 workers across the globe.

The official website for Globant is www.globant.com.

Globant's mailing address is 37A AVENUE J.F. KENNEDY, Luxembourg N4, L-1855. The information technology services provider can be reached via phone at 352-2030-1596 or via email at [email protected]