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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:GLOB

Globant (GLOB) Stock Price, News & Analysis

$201.78
-3.01 (-1.47%)
(As of 03/28/2024 ET)
Today's Range
$201.76
$209.37
50-Day Range
$197.33
$249.88
52-Week Range
$135.40
$251.50
Volume
572,950 shs
Average Volume
476,591 shs
Market Capitalization
$8.69 billion
P/E Ratio
55.59
Dividend Yield
N/A
Price Target
$244.82

Globant MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
21.3% Upside
$244.82 Price Target
Short Interest
Healthy
2.46% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.56
Upright™ Environmental Score
News Sentiment
0.29mentions of Globant in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.83%
From $5.04 to $6.09 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.64 out of 5 stars

Computer And Technology Sector

60th out of 588 stocks

Data Processing & Preparation Industry

5th out of 57 stocks

GLOB stock logo

About Globant Stock (NYSE:GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions. Further, the company provides e-commerce, conversational interfaces, design, digital marketing, and digital product delivery services. Additionally, it operates Augoor, an AI-powered platform; MagnifAI, an AI-powered solution for software quality assurance; StarMeUp, a science-based AI platform; WaaSabi, a finance platform; Walmeric, a lead-to-revenue management platform; GeneXus, a suit of AI development tools; Navigate for process optimization powerhouse; BeHealthy, a white-label platform; and FluentLab, an AI conversational and engagement solution. The company offers its services to various industries, including media and entertainment, professional services, technology and telecommunications, travel and hospitality, banks, financial services and insurance, consumer, retail and manufacturing, health care, and others. 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, Luxembourg.

GLOB Stock Price History

GLOB Stock News Headlines

$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
Globant Becomes Oversold (GLOB)
Globant: Industry Disruptor Growing Considerably
Globant (NYSE:GLOB) Now Covered by Analysts at Guggenheim
GLOB Apr 2024 200.000 call
the most reliable asset on earth is making a comeback
Global tensions have been pushing the price of gold to all time highs… Just recently, gold peaked at a record $2,000 (and is now closer to $2,200). And there’s something else critical at play right now in the world’s largest asset. Because of these critical factors, a lot of massive investment institutions are now pumping more money into gold. And as we speak, some are even calling for a massive rally in the precious metal.
GLOB Apr 2024 195.000 put
GLOB Apr 2024 160.000 put
GLOB Apr 2024 210.000 call
Globant Files Annual Report for 2023
Globant SA
GLOB May 2024 270.000 put
GLOB Aug 2024 250.000 put
GLOB Mar 2024 195.000 put
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
3/28/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Fax
N/A
Employees
29,150
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$244.82
High Stock Price Target
$290.00
Low Stock Price Target
$202.00
Potential Upside/Downside
+20.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
16 Analysts

Profitability

Net Income
$158.54 million
Pretax Margin
9.45%

Debt

Sales & Book Value

Annual Sales
$2.10 billion
Cash Flow
$7.85 per share
Book Value
$41.32 per share

Miscellaneous

Free Float
41,936,000
Market Cap
$8.74 billion
Optionable
Optionable
Beta
1.36
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Key Executives

  • Mr. Martin Migoya (Age 56)
    Co-founder, Chairman, CEO & President
  • Mr. Martín Gonzalo Umaran (Age 56)
    Co-Founder, Chief Corporate Development Officer, President for EMEA & Director
  • Mr. Guibert Andres Englebienne (Age 58)
    Co-Founder, President of Globant X, Globant Ventures & Latin America and Director
  • Mr. Nestor Augusto Nocetti
    Co-Founder & Executive VP of Corporate 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
    General Counsel

GLOB Stock Analysis - Frequently Asked Questions

Should I buy or sell Globant stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Globant in the last twelve months. There are currently 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GLOB shares.
View GLOB analyst ratings
or view top-rated stocks.

What is Globant's stock price target for 2024?

16 Wall Street analysts have issued 1 year price objectives for Globant's stock. Their GLOB share price targets range from $202.00 to $290.00. On average, they anticipate the company's share price to reach $244.82 in the next twelve months. This suggests a possible upside of 21.3% 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 2024?

Globant's stock was trading at $237.98 at the beginning of the year. Since then, GLOB stock has decreased by 15.2% and is now trading at $201.78.
View the best growth stocks for 2024 here
.

Are investors shorting Globant?

Globant saw a increase in short interest during the month of February. As of February 29th, there was short interest totaling 743,500 shares, an increase of 24.7% from the February 14th total of 596,400 shares. Based on an average daily volume of 441,100 shares, the short-interest ratio is currently 1.7 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, May 16th 2024.
View our GLOB earnings forecast
.

How were Globant's earnings last quarter?

Globant S.A. (NYSE:GLOB) issued its earnings results on Thursday, February, 15th. The information technology services provider reported $1.26 earnings per share for the quarter, missing analysts' consensus estimates of $1.34 by $0.08. The information technology services provider had revenue of $580.71 million for the quarter, compared to analyst estimates of $579.70 million. Globant had a net margin of 7.56% and a trailing twelve-month return on equity of 11.38%.

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

Globant issued an update on its FY 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of 6.500- for the period, compared to the consensus estimate of 6.670. The company issued revenue guidance of $2.4 billion-, compared to the consensus revenue estimate of $2.5 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).

Who are Globant's major shareholders?

Globant's stock is owned by a number of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (9.31%), Wasatch Advisors LP (7.36%), Sands Capital Management LLC (3.45%), Riverbridge Partners LLC (3.27%), Capital International Investors (3.12%) and Riverbridge Partners LLC (3.06%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GLOB) was last updated on 3/28/2024 by MarketBeat.com Staff

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