Globant (GLOB) Stock Forecast, Price Target & Predictions
GLOB Stock Forecast
Globant stock forecast is as follows: an average price target of $227.00 (represents a 8.03% upside from GLOB’s last price of $210.12) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.
GLOB Price Target
GLOB Analyst Ratings
Globant Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 29, 2024 | Dan Dolev | Mizuho Securities | $250.00 | $218.81 | 14.25% | 18.98% |
Sep 19, 2024 | Daniel Federle | Bradesco | $240.00 | $193.55 | 24.00% | 14.22% |
Sep 09, 2024 | Surinder Thind | Jefferies | $240.00 | $194.97 | 23.10% | 14.22% |
Aug 21, 2024 | Joseph Vafi | Canaccord Genuity | $205.00 | $202.74 | 1.11% | -2.44% |
Aug 16, 2024 | Thomas Blakey | KeyBanc | $235.00 | $194.37 | 20.90% | 11.84% |
Aug 16, 2024 | Arvind Ramnani | Piper Sandler | $240.00 | $194.37 | 23.48% | 14.22% |
May 28, 2024 | Leonardo Olmos | UBS | $230.00 | $166.49 | 38.15% | 9.46% |
May 17, 2024 | Thomas Blakey | KeyBanc | $220.00 | $177.73 | 23.78% | 4.70% |
May 17, 2024 | Arvind Ramnani | Piper Sandler | $238.00 | $165.71 | 43.62% | 13.27% |
May 17, 2024 | Mayank Tandon | Needham | $200.00 | $177.73 | 12.53% | -4.82% |
Globant Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 6 | 14 |
Avg Price Target | $250.00 | $235.00 | $224.36 |
Last Closing Price | $210.12 | $210.12 | $210.12 |
Upside/Downside | 18.98% | 11.84% | 6.78% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 19, 2024 | Bradesco | - | Outperform | Initialise |
Sep 11, 2024 | Cowen & Co. | Buy | Buy | Hold |
Sep 09, 2024 | Jefferies | Buy | Buy | Hold |
Sep 06, 2024 | UBS | Sector Perform | Sector Perform | Hold |
Sep 06, 2024 | Scotiabank | Underperform | Underperform | Hold |
Aug 21, 2024 | Deutsche Bank | - | Hold | Initialise |
Aug 21, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
Aug 21, 2024 | Canaccord Genuity | Hold | Hold | Hold |
Aug 20, 2024 | UBS | Sector Perform | Neutral | Downgrade |
Aug 16, 2024 | UBS | Sector Perform | Sector Perform | Hold |
Globant Financial Forecast
Globant Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $472.42M | $490.72M | $458.88M | $429.26M | $401.38M | $379.82M | $341.83M | $305.26M | $270.17M | $232.64M | $207.22M | $182.71M | $191.57M | $184.31M | $171.33M |
Avg Forecast | $862.62M | $818.70M | $779.91M | $745.42M | $742.45M | $711.30M | $676.57M | $651.76M | $643.17M | $614.89M | $586.82M | $570.73M | $579.39M | $545.08M | $496.48M | $471.07M | $489.92M | $457.06M | $426.22M | $397.41M | $359.44M | $326.80M | $285.80M | $259.67M | $222.97M | $203.76M | $179.89M | $189.23M | $183.16M | $171.32M |
High Forecast | $862.62M | $818.70M | $779.91M | $745.42M | $742.45M | $711.30M | $676.57M | $651.76M | $643.17M | $615.79M | $586.86M | $570.73M | $581.19M | $547.66M | $496.48M | $471.07M | $489.92M | $457.06M | $426.22M | $397.41M | $359.44M | $326.80M | $285.80M | $259.67M | $222.97M | $203.76M | $179.89M | $189.23M | $183.16M | $171.32M |
Low Forecast | $862.62M | $818.70M | $779.91M | $745.42M | $742.45M | $711.30M | $676.57M | $651.76M | $643.17M | $614.31M | $586.77M | $570.73M | $578.74M | $539.05M | $496.48M | $471.07M | $489.92M | $457.06M | $426.22M | $397.41M | $359.44M | $326.80M | $285.80M | $259.67M | $222.97M | $203.76M | $179.89M | $189.23M | $183.16M | $171.32M |
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 16 | 8 | 11 | 7 | 11 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 1.00% | 1.01% | 1.01% | 1.06% | 1.05% | 1.07% | 1.04% | 1.04% | 1.02% | 1.02% | 1.01% | 1.01% | 1.00% |
Globant EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 16 | 8 | 11 | 7 | 11 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $55.48M | $60.08M | $51.39M | $51.96M | $52.38M | $39.72M | $35.23M | $28.64M | $47.24M | $29.21M | $18.45M | $16.04M | $32.83M | $4.16M | $29.48M |
Avg Forecast | $115.68M | $109.79M | $104.59M | $99.96M | $99.56M | $95.39M | $90.73M | $87.40M | $86.25M | $82.46M | $78.69M | $59.71M | $77.70M | $73.10M | $66.58M | $54.29M | $42.93M | $61.29M | $57.16M | $49.35M | $48.20M | $43.82M | $38.33M | $45.47M | $29.90M | $27.33M | $24.12M | $28.08M | $24.56M | $22.97M |
High Forecast | $115.68M | $109.79M | $104.59M | $99.96M | $99.56M | $95.39M | $90.73M | $87.40M | $86.25M | $82.58M | $78.70M | $71.66M | $77.94M | $73.44M | $66.58M | $65.14M | $51.52M | $61.29M | $57.16M | $59.22M | $48.20M | $43.82M | $38.33M | $54.56M | $29.90M | $27.33M | $24.12M | $33.70M | $24.56M | $22.97M |
Low Forecast | $115.68M | $109.79M | $104.59M | $99.96M | $99.56M | $95.39M | $90.73M | $87.40M | $86.25M | $82.38M | $78.69M | $47.77M | $77.61M | $72.29M | $66.58M | $43.43M | $34.35M | $61.29M | $57.16M | $39.48M | $48.20M | $43.82M | $38.33M | $36.38M | $29.90M | $27.33M | $24.12M | $22.47M | $24.56M | $22.97M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.40% | 0.84% | 0.91% | 1.06% | 0.82% | 0.80% | 0.75% | 1.04% | 0.98% | 0.68% | 0.66% | 1.17% | 0.17% | 1.28% |
Globant Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 16 | 8 | 11 | 7 | 11 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $36.42M | $39.42M | $36.10M | $37.09M | $36.62M | $29.13M | $25.61M | $19.95M | $21.67M | $18.69M | $12.34M | $10.02M | $13.17M | $13.45M | $15.08M |
Avg Forecast | $90.63M | $85.70M | $81.41M | $73.74M | $89.37M | $84.57M | $79.15M | $74.32M | $76.87M | $71.98M | $66.36M | $41.93M | $71.17M | $65.66M | $59.80M | $38.12M | $29.61M | $55.86M | $53.25M | $34.65M | $45.06M | $41.25M | $37.30M | $20.85M | $29.95M | $25.70M | $21.34M | $12.96M | $26.94M | $26.23M |
High Forecast | $90.63M | $85.70M | $81.41M | $73.74M | $89.37M | $84.57M | $79.15M | $74.32M | $76.87M | $73.31M | $66.48M | $50.32M | $72.49M | $68.79M | $59.80M | $45.74M | $35.53M | $56.09M | $54.31M | $41.58M | $45.06M | $41.25M | $37.30M | $25.03M | $29.95M | $25.70M | $21.34M | $15.55M | $26.94M | $26.23M |
Low Forecast | $90.63M | $85.70M | $81.41M | $73.74M | $89.37M | $84.57M | $79.15M | $74.32M | $76.87M | $71.54M | $66.25M | $33.55M | $70.28M | $62.98M | $59.80M | $30.50M | $23.69M | $55.63M | $52.20M | $27.72M | $45.06M | $41.25M | $37.30M | $16.68M | $29.95M | $25.70M | $21.34M | $10.37M | $26.94M | $26.23M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.33% | 0.65% | 0.70% | 1.06% | 0.65% | 0.62% | 0.53% | 1.04% | 0.62% | 0.48% | 0.47% | 1.02% | 0.50% | 0.57% |
Globant SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 16 | 8 | 11 | 7 | 11 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $119.36M | $123.80M | $119.21M | $111.68M | $101.64M | $20.21M | $89.27M | $82.21M | $54.02M | $6.59M | $53.80M | $49.58M | $38.87M | $2.50M | $43.09M |
Avg Forecast | $214.32M | $203.41M | $193.77M | $185.20M | $184.46M | $176.73M | $168.10M | $161.93M | $159.80M | $152.77M | $145.80M | $116.37M | $143.95M | $135.43M | $123.35M | $105.79M | $101.28M | $113.56M | $105.90M | $96.17M | $89.31M | $81.19M | $71.01M | $51.99M | $55.40M | $50.63M | $44.70M | $51.05M | $45.51M | $42.56M |
High Forecast | $214.32M | $203.41M | $193.77M | $185.20M | $184.46M | $176.73M | $168.10M | $161.93M | $159.80M | $153.00M | $145.81M | $139.64M | $144.40M | $136.07M | $123.35M | $126.95M | $121.53M | $113.56M | $105.90M | $115.41M | $89.31M | $81.19M | $71.01M | $62.39M | $55.40M | $50.63M | $44.70M | $61.26M | $45.51M | $42.56M |
Low Forecast | $214.32M | $203.41M | $193.77M | $185.20M | $184.46M | $176.73M | $168.10M | $161.93M | $159.80M | $152.63M | $145.79M | $93.10M | $143.79M | $133.93M | $123.35M | $84.63M | $81.02M | $113.56M | $105.90M | $76.94M | $89.31M | $81.19M | $71.01M | $41.59M | $55.40M | $50.63M | $44.70M | $40.84M | $45.51M | $42.56M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 1.22% | 1.05% | 1.05% | 1.06% | 0.23% | 1.10% | 1.16% | 1.04% | 0.12% | 1.06% | 1.11% | 0.76% | 0.06% | 1.01% |
Globant EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 16 | 8 | 11 | 7 | 11 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.86 | $0.93 | $0.86 | $0.89 | $0.88 | $0.70 | $0.61 | $0.49 | $0.54 | $0.47 | $0.31 | $0.27 | $0.36 | $0.36 | $0.41 |
Avg Forecast | $2.05 | $1.93 | $1.84 | $1.66 | $2.02 | $1.91 | $1.79 | $1.68 | $1.74 | $1.63 | $1.50 | $1.53 | $1.61 | $1.48 | $1.35 | $1.27 | $1.38 | $1.26 | $1.20 | $1.16 | $1.02 | $0.93 | $0.84 | $0.80 | $0.68 | $0.58 | $0.48 | $0.62 | $0.61 | $0.59 |
High Forecast | $2.05 | $1.93 | $1.84 | $1.66 | $2.02 | $1.91 | $1.79 | $1.68 | $1.74 | $1.66 | $1.50 | $1.55 | $1.64 | $1.55 | $1.35 | $1.27 | $1.38 | $1.27 | $1.23 | $1.16 | $1.02 | $0.93 | $0.84 | $0.80 | $0.68 | $0.58 | $0.48 | $0.62 | $0.61 | $0.59 |
Low Forecast | $2.05 | $1.93 | $1.84 | $1.66 | $2.02 | $1.91 | $1.79 | $1.68 | $1.74 | $1.62 | $1.50 | $1.50 | $1.59 | $1.42 | $1.35 | $1.27 | $1.38 | $1.26 | $1.18 | $1.16 | $1.02 | $0.93 | $0.84 | $0.80 | $0.68 | $0.58 | $0.48 | $0.62 | $0.61 | $0.59 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.68% | 0.68% | 0.68% | 0.74% | 0.76% | 0.69% | 0.66% | 0.58% | 0.67% | 0.70% | 0.53% | 0.56% | 0.58% | 0.59% | 0.69% |
Globant Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
TTEC | TTEC | $5.19 | $35.67 | 587.28% | Hold |
CLVT | Clarivate | $6.61 | $14.33 | 116.79% | Buy |
TASK | TaskUs | $13.18 | $28.00 | 112.44% | Hold |
CNXC | Concentrix | $41.51 | $77.50 | 86.70% | Buy |
EPAM | EPAM Systems | $189.22 | $328.88 | 73.81% | Buy |
WNS | WNS | $47.45 | $72.86 | 53.55% | Buy |
CDW | CDW | $188.38 | $232.80 | 23.58% | Buy |
FISV | Fiserv | $114.23 | $133.11 | 16.53% | Buy |
G | Genpact | $38.34 | $42.25 | 10.20% | Hold |
ASGN | ASGN | $91.06 | $99.00 | 8.72% | Hold |
ACN | Accenture | $345.67 | $375.07 | 8.51% | Buy |
GLOB | Globant | $210.12 | $227.00 | 8.03% | Buy |
JKHY | Jack Henry & Associates | $183.06 | $191.80 | 4.77% | Buy |
CTSH | Cognizant Technology Solutions | $74.61 | $75.88 | 1.70% | Hold |
INFY | Infosys | $20.76 | $20.58 | -0.87% | Hold |
IBM | International Business Machines | $208.25 | $206.09 | -1.04% | Hold |
CACI | CACI | $553.28 | $491.11 | -11.24% | Buy |
BR | Broadridge Financial Solutions | $210.21 | $176.00 | -16.27% | Buy |
EXLS | ExlService | $41.65 | $32.64 | -21.63% | Buy |
GLOB Forecast FAQ
Is Globant a good buy?
Yes, according to 16 Wall Street analysts, Globant (GLOB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 56.25% of GLOB's total ratings.
What is GLOB's price target?
Globant (GLOB) average price target is $227 with a range of $200 to $250, implying a 8.03% from its last price of $210.12. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Globant stock go up soon?
According to Wall Street analysts' prediction for GLOB stock, the company can go up by 8.03% (from the last price of $210.12 to the average price target of $227), up by 18.98% based on the highest stock price target, and down by -4.82% based on the lowest stock price target.
Can Globant stock reach $300?
GLOB's average twelve months analyst stock price target of $227 does not support the claim that Globant can reach $300 in the near future.
What is Globant's current price target trend?
1 Wall Street analyst forecast a $250 price target for Globant (GLOB) this month, up 18.98% from its last price of $210.12. Compared to the last 3 and 12 months, the average price target increased by 11.84% and increased by 6.78%, respectively.
What are Globant's analysts' financial forecasts?
Globant's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.78B (high $2.78B, low $2.78B), average EBITDA is $373.08M (high $373.08M, low $373.08M), average net income is $327.42M (high $327.42M, low $327.42M), average SG&A $691.22M (high $691.22M, low $691.22M), and average EPS is $7.39 (high $7.39, low $7.39). GLOB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.21B (high $3.21B, low $3.21B), average EBITDA is $430.02M (high $430.02M, low $430.02M), average net income is $331.48M (high $331.48M, low $331.48M), average SG&A $796.71M (high $796.71M, low $796.71M), and average EPS is $7.48 (high $7.48, low $7.48).
Did the GLOB's actual financial results beat the analysts' financial forecasts?
Based on Globant's last annual report (Dec 2022), the company's revenue was $1.78B, beating the average analysts forecast of $1.77B by 0.54%. Apple's EBITDA was $215.8M, beating the average prediction of $210.73M by 2.40%. The company's net income was $149.48M, missing the average estimation of $173.38M by -13.78%. Apple's SG&A was $456.32M, beating the average forecast of $416.91M by 9.45%. Lastly, the company's EPS was $3.55, missing the average prediction of $5 by -29.02%. In terms of the last quarterly report (Mar 2023), Globant's revenue was $472.42M, beating the average analysts' forecast of $471.07M by 0.29%. The company's EBITDA was $55.48M, beating the average prediction of $54.29M by 2.20%. Globant's net income was $36.42M, missing the average estimation of $38.12M by -4.46%. The company's SG&A was $119.36M, beating the average forecast of $105.79M by 12.82%. Lastly, the company's EPS was $0.86, missing the average prediction of $1.27 by -32.21%