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Globant SA (GLOB) Stock Forecast & Price Prediction

Live GLOB Stock Price & Analysis

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$214.98

+3.13 (1.48%)

12 Month Price Forecast For GLOB

$214.98
Current Price
$9.27B
Market Cap
23 Ratings
Buy 15
Hold 7
Sell 1
Wall St Analyst Ratings

Distance to GLOB Price Forecasts

+30.2%
To High Target of $280.00
+13.0%
To Median Target of $243.00
-34.9%
To Low Target of $140.00

GLOB Price Momentum

+3.8%
1 Week Change
-2.5%
1 Month Change
-8.5%
1 Year Change
+0.3%
Year-to-Date Change
-13.6%
From 52W High of $248.94
+41.7%
From 52W Low of $151.68

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 6, 2025 12:54 AM UTC

GLOB Analyst Ratings & Price Targets

Based on our analysis of 25 Wall Street analysts, GLOB has a consensus that is bullish. The median price target is $243.00, with forecasts ranging from $140.00 to $280.00. Currently, there are 15 Buy ratings, 7 Hold ratings, and 1 Sell ratings.

With GLOB currently trading at $214.98, the median price forecast suggests a 13.0% upside. The most optimistic forecast comes from Diego Aragao at Goldman Sachs, projecting a 30.2% upside, while at provides the most conservative target, suggesting a -34.9% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

GLOB Analyst Consensus

15
Buy
7
Hold
1
Sell

GLOB Price Target Range

Low
$140.00
Average
$243.00
High
$280.00
Current: $214.98

Latest GLOB Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for GLOB.

Date Firm Analyst Rating Change Price Target
Feb 3, 2025 UBS Leonardo Olmos Neutral Maintains $217.00
Jan 24, 2025 Needham Mayank Tandon Buy Reiterates $265.00
Jan 21, 2025 Jefferies Surinder Thind Buy Maintains $255.00
Dec 17, 2024 Susquehanna James Friedman Positive Initiates $255.00
Nov 19, 2024 Scotiabank Divya Goyal Sector Perform Maintains $220.00
Nov 18, 2024 Canaccord Genuity Joseph Vafi Hold Maintains $205.00
Nov 15, 2024 Piper Sandler Arvind Ramnani Overweight Maintains $237.00
Nov 15, 2024 TD Cowen Bryan Bergin Buy Maintains $240.00
Nov 15, 2024 Needham Mayank Tandon Buy Maintains $265.00
Oct 30, 2024 JP Morgan Tien-Tsin Huang Overweight Maintains $248.00
Oct 28, 2024 Citigroup Ryan Potter Buy Maintains $251.00
Sep 9, 2024 Jefferies Surinder Thind Buy Maintains $240.00
Sep 6, 2024 JP Morgan Tien-Tsin Huang Overweight Maintains $237.00
Aug 22, 2024 Deutsche Bank Bryan Keane Hold Initiates $210.00
Aug 21, 2024 Canaccord Genuity Joseph Vafi Hold Maintains $205.00
Aug 21, 2024 Scotiabank Divya Goyal Sector Perform Maintains $210.00
Aug 20, 2024 UBS Leonardo Olmos Neutral Downgrade $235.00
Aug 16, 2024 TD Cowen Bryan Bergin Buy Maintains $230.00
Aug 16, 2024 Needham Mayank Tandon Buy Maintains $245.00
Aug 16, 2024 JP Morgan Tien-Tsin Huang Overweight Maintains $226.00

Stocks Similar to Globant SA

The following stocks are similar to Globant based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Globant SA (GLOB) Financial Data

Globant SA has a market capitalization of $9.27B with a P/E ratio of 56.1x. The company generates $2.28B in trailing twelve-month revenue with a 7.4% profit margin.

Revenue growth is +18.1% quarter-over-quarter, while maintaining an operating margin of +10.2% and return on equity of +9.6%.

Valuation Metrics

Market Cap $9.27B
Enterprise Value $10.02B
P/E Ratio 56.1x
PEG Ratio 29.0x
Price/Sales 4.1x

Growth & Margins

Revenue Growth (YoY) +18.1%
Gross Margin +36.2%
Operating Margin +10.2%
Net Margin +7.4%
EPS Growth +4.5%

Financial Health

Cash/Price Ratio +1.9%
Current Ratio 1.5x
Debt/Equity 13.2x
ROE +9.6%
ROA +6.1%

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Globant SA (GLOB) Company Overview

About Globant SA

What They Do

Provides global technology and digital services.

Business Model

The company operates a business model centered around providing a wide range of technology services, including digital solutions such as blockchain, cloud technologies, cybersecurity, and artificial intelligence. It generates revenue by offering enterprise technology solutions, e-commerce, and digital marketing services, targeting various industries like media, finance, and healthcare.

Additional Information

Founded in 2003 and based in Luxembourg, the company has developed numerous AI-powered platforms and tools, enhancing its service offerings. It has a diverse clientele across multiple sectors, positioning itself as a versatile technology partner. The name change from IT Outsourcing S.L. to Globant S.A. in 2012 reflects its evolution beyond traditional outsourcing.

Company Information

Sector

Technology

Industry

Information Technology Services

Employees

29,112

CEO

Mr. Martin Migoya

Country

Luxembourg

IPO Year

2014

Globant SA (GLOB) Latest News & Analysis

GLOB stock latest news image
Quick Summary

Goldman Sachs analyst James Schneider anticipates improved demand in 2025 guidance, based on fourth-quarter 2024 reports and Accenture's management commentary.

Why It Matters

Expected demand improvement in 2025 guidance can signal potential revenue growth for companies, impacting stock valuations and investment strategies in related sectors.

Source: Benzinga
Market Sentiment: Positive
GLOB stock latest news image
Quick Summary

Orbus Software has secured a strategic growth investment from FTV Capital and SilverTree Equity to support its digital transformation initiatives.

Why It Matters

The investment indicates confidence in Orbus Software's growth potential, likely enhancing its market position and driving future profitability, impacting investor sentiment positively.

Source: Business Wire
Market Sentiment: Neutral
GLOB stock latest news image
Quick Summary

A yearly report highlights key sectors poised for significant transformation, emphasizing advancements in user-friendly and integrated technology in daily life.

Why It Matters

The report highlights sectors poised for growth, signaling investment opportunities in tech that enhances daily life, potentially driving market trends and stock performance.

Source: PRNewsWire
Market Sentiment: Neutral
GLOB stock latest news image
Quick Summary

Globant and Faros AI have formed an alliance to enhance software engineering efficiency by integrating Agentic AI with Faros AI's platform.

Why It Matters

The alliance enhances productivity and efficiency in software engineering, potentially driving growth and profitability for Globant, which may positively impact its stock performance.

Source: Zacks Investment Research
Market Sentiment: Positive
GLOB stock latest news image
Quick Summary

Faros AI has partnered with Globant to improve software development life cycle (SDLC) efficiency using AI insights, aiming to enhance team performance and business outcomes.

Why It Matters

Faros AI's partnership with Globant to enhance software development lifecycle efficiency can lead to improved productivity and profitability, signaling potential growth and competitive advantage for both companies.

Source: Business Wire
Market Sentiment: Neutral
GLOB stock latest news image
Quick Summary

Globant S.A. anticipates accelerated growth over the next two years, driven by rising demand. Recent earnings showed 12% net income growth and an attractive valuation at 22x forward EBITDA.

Why It Matters

Accelerating growth and strong financial performance position Globant S.A. favorably, suggesting potential for significant stock price appreciation and attractive valuation metrics.

Source: Seeking Alpha
Market Sentiment: Positive

Frequently Asked Questions About GLOB Stock

What is Globant SA's (GLOB) stock forecast for 2025?

Based on our analysis of 25 Wall Street analysts, Globant SA (GLOB) has a median price target of $243.00. The highest price target is $280.00 and the lowest is $140.00.

Is GLOB stock a good investment in 2025?

According to current analyst ratings, GLOB has 15 Buy ratings, 7 Hold ratings, and 1 Sell ratings. The stock is currently trading at $214.98. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for GLOB stock?

Wall Street analysts predict GLOB stock could reach $243.00 in the next 12 months. This represents a 13.0% increase from the current price of $214.98. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Globant SA's business model?

The company operates a business model centered around providing a wide range of technology services, including digital solutions such as blockchain, cloud technologies, cybersecurity, and artificial intelligence. It generates revenue by offering enterprise technology solutions, e-commerce, and digital marketing services, targeting various industries like media, finance, and healthcare.

What is the highest forecasted price for GLOB Globant SA?

The highest price target for GLOB is $280.00 from Diego Aragao at Goldman Sachs, which represents a 30.2% increase from the current price of $214.98.

What is the lowest forecasted price for GLOB Globant SA?

The lowest price target for GLOB is $140.00 from at , which represents a -34.9% decrease from the current price of $214.98.

What is the overall GLOB consensus from analysts for Globant SA?

The overall analyst consensus for GLOB is bullish. Out of 25 Wall Street analysts, 15 rate it as Buy, 7 as Hold, and 1 as Sell, with a median price target of $243.00.

How accurate are GLOB stock price projections?

Stock price projections, including those for Globant SA, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.