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Globant (GLOB) Stock Forecast, Price Target & Predictions

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GLOB Stock Forecast

Globant (GLOB) stock forecast, based on 25 Wall Street analysts, predicts a 12-month average price target of $256.67, with a high of $265.00 and a low of $250.00. This represents a 137.61% increase from the last price of $108.02.

$100 $140 $180 $220 $260 $300 High: $265 Avg: $256.67 Low: $250 Last Closed Price: $108.02

GLOB Stock Rating

Globant stock's rating consensus is Buy, based on 25 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 19 Buy (76.00%), 5 Hold (20.00%), 1 Sell (4.00%), and 0 Strong Sell (0.00%).

Buy
Total 25 1 5 19 Strong Sell Sell Hold Buy Strong Buy

GLOB Price Target Upside V Benchmarks

TypeNameUpside
StockGlobant137.61%
SectorTechnology Stocks 33.74%

Price Target Trends

1M3M12M
# Anlaysts-114
Avg Price Target-$255.00$228.07
Last Closing Price$108.02$108.02$108.02
Upside/Downside-136.07%111.14%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25887--23
Mar, 25887--23
Feb, 257871-23
Jan, 257971-24
Dec, 247971-24
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 21, 2025Surinder ThindJefferies$255.00$214.2719.01%136.07%
Nov 15, 2024Mayank TandonNeedham$265.00$207.6027.65%145.32%
Oct 29, 2024Dan DolevMizuho Securities$250.00$218.8114.25%131.44%
Sep 19, 2024Daniel FederleBradesco$240.00$193.5524.00%122.18%
Sep 09, 2024Surinder ThindJefferies$240.00$194.9723.10%122.18%
Aug 21, 2024Joseph VafiCanaccord Genuity$205.00$202.741.11%89.78%
Aug 16, 2024Thomas BlakeyKeyBanc$235.00$194.3720.90%117.55%
Aug 16, 2024Arvind RamnaniPiper Sandler$240.00$194.3723.48%122.18%
May 28, 2024Leonardo OlmosUBS$230.00$166.4938.15%112.92%
May 17, 2024Thomas BlakeyKeyBanc$220.00$177.7323.78%103.67%
Analyst Rating Forecasts
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

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$2.42$3.79$5.17$5.75$6.44$7.56$10.02$10.14-
Low Forecast$2.34$3.66$4.86$5.71$6.38$7.13$7.16$9.71-
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$814.40M$1.29B$1.81B$2.10B$2.45B$2.77B$3.21B$3.71B$4.18B
Low Forecast$793.58M$1.26B$1.72B$2.05B$2.37B$2.73B$3.21B$3.62B$4.04B
Surprise %1.23%1.58%0.05%0.06%-----

Net Income Forecast

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$62.89M$107.30M$135.54M$190.25M$280.84M$329.71M$436.61M$442.24M-
Low Forecast$41.93M$71.54M$90.36M$126.83M$278.22M$310.83M$312.24M$423.20M-
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 25 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 19 Buy, 5 Hold, 1 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 25 Wall Street analysts, averages $256.67 over the next 12 months. The price target range spans from $250 at the low end to $265 at the high end, suggesting a potential 137.61% change from the previous closing price of $108.02.

How does Globant stock forecast compare to its benchmarks?

Globant's stock forecast shows a 137.61% upside, outperforming the average forecast for the technology stocks sector (33.74%).

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

  • April 2025: 34.78% Strong Buy, 34.78% Buy, 30.43% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 34.78% Strong Buy, 34.78% Buy, 30.43% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 30.43% Strong Buy, 34.78% Buy, 30.43% Hold, 4.35% Sell, 0% Strong Sell.

What is Globant’s EPS forecast?

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

What is Globant’s revenue forecast?

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

What is Globant’s net income forecast?

Globant's net income forecast for the fiscal year ending in December 2024 stands at $279.53M, representing an 76.32% increase from the reported $158.54M in 2023. Projections indicate $320.27M in 2025, $374.43M in 2026, $432.72M in 2027, and $0 in 2028.