Globant (GLOB) – Research Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for Globant (NYSE: GLOB):

• 5/3/2025 – Globant was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 4/29/2025 – Globant had its price target lowered by analysts at Scotiabank from $170.00 to $140.00. They now have a “sector perform” rating on the stock.
• 4/25/2025 – Globant was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 4/23/2025 – Globant had its price target lowered by analysts at Susquehanna from $225.00 to $160.00. They now have a “positive” rating on the stock.
• 4/16/2025 – Globant had its price target lowered by analysts at Piper Sandler from $230.00 to $154.00. They now have an “overweight” rating on the stock.
• 4/14/2025 – Globant was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 4/8/2025 – Globant had its price target lowered by analysts at Susquehanna from $255.00 to $225.00. They now have a “positive” rating on the stock.
• 4/6/2025 – Globant was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 3/29/2025 – Globant was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 3/12/2025 – Globant had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $220.00 price target on the stock.

Globant Stock Up 1.6 %

Shares of Globant stock opened at $119.28 on Monday. The stock has a market capitalization of $5.25 billion, a price-to-earnings ratio of 32.06, a price-to-earnings-growth ratio of 2.38 and a beta of 1.37. The company has a 50-day simple moving average of $122.08 and a two-hundred day simple moving average of $183.35. Globant S.A. has a twelve month low of $96.23 and a twelve month high of $238.32.

Globant (NYSE:GLOB) last released its quarterly earnings results on Thursday, February 20th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($0.39). Globant had a net margin of 6.86% and a return on equity of 11.83%. The business had revenue of $642.48 million for the quarter, compared to the consensus estimate of $644.42 million. On average, sell-side analysts anticipate that Globant S.A. will post 5.73 earnings per share for the current fiscal year.

Institutional Trading of Globant

Several institutional investors have recently added to or reduced their stakes in GLOB. Raymond James Financial Inc. bought a new position in Globant in the fourth quarter worth $16,737,000. Cullen Frost Bankers Inc. grew its holdings in shares of Globant by 5.0% in the fourth quarter. Cullen Frost Bankers Inc. now owns 52,934 shares of the information technology services provider’s stock worth $11,350,000 after acquiring an additional 2,505 shares during the period. JPMorgan Chase & Co. increased its position in shares of Globant by 8.6% during the 4th quarter. JPMorgan Chase & Co. now owns 2,572,080 shares of the information technology services provider’s stock valued at $551,506,000 after purchasing an additional 203,472 shares during the last quarter. NS Partners Ltd bought a new position in Globant in the fourth quarter worth approximately $18,933,000. Finally, Segall Bryant & Hamill LLC raised its holdings in Globant by 364.7% in the 4th quarter. Segall Bryant & Hamill LLC now owns 118,065 shares of the information technology services provider’s stock worth $25,315,000 after purchasing an additional 92,661 shares during the period. 91.60% of the stock is currently owned by hedge funds and other institutional investors.

Globant SA, 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.