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Globant (GLOB) Stock Forecast, Price Target & Predictions

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GLOB Stock Forecast

Globant (GLOB) stock forecast, based on 18 Wall Street analysts, predicts a 12-month average price target of $241.43, with a high of $265.00 and a low of $205.00. This represents a 16.01% increase from the last price of $208.12.

$150 $180 $210 $240 $270 $300 High: $265 Avg: $241.43 Low: $205 Last Closed Price: $208.12

GLOB Stock Rating

Globant stock's rating consensus is Buy, based on 18 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (61.11%), 7 Hold (38.89%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 18 0 7 11 Strong Sell Sell Hold Buy Strong Buy

GLOB Forecast vs Benchmarks

TypeNameUpside
StockGlobant16.01%
SectorTechnology Stocks 13.03%

Price Target Trends

1M3M12M
# Anlaysts1215
Avg Price Target$255.00$260.00$229.53
Last Closing Price$208.12$208.12$208.12
Upside/Downside22.53%24.93%10.29%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 257971-24
Dec, 247971-24
Nov, 247971-24
Oct, 2471171-26
Sep, 2471371-28
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 21, 2025Surinder ThindJefferies$255.00$214.2719.01%22.53%
Nov 15, 2024Mayank TandonNeedham$265.00$207.6027.65%27.33%
Oct 29, 2024Dan DolevMizuho Securities$250.00$218.8114.25%20.12%
Sep 19, 2024Daniel FederleBradesco$240.00$193.5524.00%15.32%
Sep 09, 2024Surinder ThindJefferies$240.00$194.9723.10%15.32%
Aug 21, 2024Joseph VafiCanaccord Genuity$205.00$202.741.11%-1.50%
Aug 16, 2024Thomas BlakeyKeyBanc$235.00$194.3720.90%12.92%
Aug 16, 2024Arvind RamnaniPiper Sandler$240.00$194.3723.48%15.32%
May 28, 2024Leonardo OlmosUBS$230.00$166.4938.15%10.51%
May 17, 2024Thomas BlakeyKeyBanc$220.00$177.7323.78%5.71%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jan 21, 2025JefferiesBuyBuyhold
Dec 17, 2024SusquehannaPositiveinitialise
Nov 15, 2024NeedhamBuyBuyhold
Nov 15, 2024CFRABuyBuyhold
Sep 19, 2024BradescoOutperforminitialise
Sep 11, 2024Cowen & Co.BuyBuyhold
Sep 09, 2024JefferiesBuyBuyhold
Sep 06, 2024ScotiabankUnderperformUnderperformhold
Aug 21, 2024Deutsche BankHoldinitialise
Aug 21, 2024ScotiabankSector PerformSector Performhold

Financial Forecast

EPS Forecast

$0 $3 $6 $9 $12 $15 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.41$2.35$3.55$3.64-----
Avg Forecast$2.38$3.73$5.08$5.73$6.40$7.37$8.70$9.98-
High Forecast$2.34$3.66$4.86$5.71$6.38$7.13$7.16$9.71-
Low Forecast$2.42$3.79$5.17$5.75$6.44$7.56$10.02$10.14-
Surprise %-40.76%-37.00%-30.12%-36.47%-----

Revenue Forecast

$500M $1B $2B $3B $4B $5B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$814.14M$1.30B$1.78B$2.10B-----
Avg Forecast$804.28M$1.28B$1.78B$2.09B$2.42B$2.75B$3.21B$3.66B$4.13B
High Forecast$793.58M$1.26B$1.72B$2.05B$2.37B$2.73B$3.21B$3.62B$4.04B
Low Forecast$814.40M$1.29B$1.81B$2.10B$2.45B$2.77B$3.21B$3.71B$4.18B
Surprise %1.23%1.58%0.05%0.06%-----

Net Income Forecast

$0 $90M $180M $270M $360M $450M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$54.22M$96.06M$148.89M$158.54M-----
Avg Forecast$52.41M$89.42M$112.95M$158.54M$279.53M$320.27M$374.43M$432.72M-
High Forecast$41.93M$71.54M$90.36M$126.83M$278.22M$310.83M$312.24M$423.20M-
Low Forecast$62.89M$107.30M$135.54M$190.25M$280.84M$329.71M$436.61M$442.24M-
Surprise %3.45%7.43%31.82%------

GLOB Forecast FAQ

Is Globant stock a buy?

Globant stock has a consensus rating of Buy, based on 18 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 11 Buy, 7 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Globant is a favorable investment for most analysts.

What is Globant's price target?

Globant's price target, set by 18 Wall Street analysts, averages $241.43 over the next 12 months. The price target range spans from $205 at the low end to $265 at the high end, suggesting a potential 16.01% change from the previous close price of $208.12.

How does Globant stock forecast compare to the average forecast of its sector, industry, and investment themes?

Globant stock forecast shows a 16.01% upside, outperforming the average forecast for the technology stocks sector (13.03%).

What is the breakdown of analyst ratings for Globant over the past three months?

  • January 2025: 29.17% Strong Buy, 37.50% Buy, 29.17% Hold, 4.17% Sell, 0% Strong Sell.
  • December 2024: 29.17% Strong Buy, 37.50% Buy, 29.17% Hold, 4.17% Sell, 0% Strong Sell.
  • November 2024: 29.17% Strong Buy, 37.50% Buy, 29.17% Hold, 4.17% Sell, 0% Strong Sell.

What is Globant’s EPS forecast?

Globant's average annual EPS forecast for its fiscal year ending in December is 6.4 for 2024, a 75.82% increase from the reported $3.64 in 2023. The prediction for 2025 is $7.37, $8.7 for 2026, $9.98 for 2027, and $0 for 2028.

What is Globant’s revenue forecast?

Globant's average annual revenue forecast for its fiscal year ending in December is $2.42B for 2024, a 15.38% increase from the reported $2.1B in 2023. The forecast for 2025 is $2.75B, $3.21B for 2026, $3.66B for 2027, and $4.13B for 2028.

What is Globant’s net income forecast?

For its fiscal year ending in December, Globant's average annual net income forecast is $279.53M for 2024, reflecting an 76.32% increase from the reported $158.54M in 2023. The projection for 2025 is $320.27M, $374.43M for 2026, $432.72M for 2027, and $0 for 2028.