Globant (NYSE:GLOB) Updates Q2 2026 Earnings Guidance

Posted by Stanley Muller on May 15th, 2026

Globant (NYSE:GLOB – Get Free Report) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.450-1.550 for the period, compared to the consensus earnings per share estimate of 1.480. The company issued revenue guidance of $610.0 million-$616.0 million, compared to the consensus revenue estimate of $613.5 million. Globant also updated its FY 2026 guidance to 6.100-6.500 EPS.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. reduced their price objective on Globant from $75.00 to $68.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Guggenheim reduced their price objective on Globant from $80.00 to $65.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. UBS Group reduced their price objective on Globant from $75.00 to $50.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. Canaccord Genuity Group reduced their price objective on Globant from $70.00 to $50.00 and set a “hold” rating on the stock in a research report on Friday, February 27th. Finally, TD Cowen reduced their price target on Globant from $74.00 to $72.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. Seven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Globant presently has an average rating of “Hold” and a consensus target price of $71.88.

View Our Latest Stock Report on GLOB

Globant Trading Up 3.9%

NYSE GLOB opened at $34.03 on Friday. The business’s 50-day moving average price is $44.83 and its two-hundred day moving average price is $56.05. Globant has a 12 month low of $32.50 and a 12 month high of $133.36. The firm has a market capitalization of $1.49 billion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 1.21 and a beta of 1.04. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.16.

Globant (NYSE:GLOB – Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The information technology services provider reported $1.50 EPS for the quarter, meeting analysts’ consensus estimates of $1.50. Globant had a return on equity of 9.98% and a net margin of 4.19%.The firm had revenue of $607.09 million for the quarter, compared to analyst estimates of $601.66 million. During the same quarter in the previous year, the company posted $1.50 EPS. The business’s revenue was down .7% on a year-over-year basis. Globant has set its FY 2026 guidance at 6.100-6.500 EPS and its Q2 2026 guidance at 1.450-1.550 EPS. On average, analysts expect that Globant will post 4.99 EPS for the current year.

Trending Headlines about Globant

Here are the key news stories impacting Globant this week:

Positive Sentiment: Globant reported Q1 2026 EPS of $1.50, matching analyst expectations, while revenue came in at $607.1 million, slightly above estimates. The company also said it is pushing deeper into AI-native tech services, which may support longer-term growth. Article Title
Positive Sentiment: Management announced a new $125 million share buyback program, which can signal confidence in the business and provide support for the stock. Article Title
Neutral Sentiment: Globant guided Q2 2026 EPS of $1.45-$1.55 and FY 2026 EPS of $6.10-$6.50, both slightly ahead of consensus on the full-year outlook but roughly in line for the next quarter. This suggests steady expectations rather than a major near-term surprise. Article Title
Negative Sentiment: Ongoing securities class-action lawsuit headlines from multiple law firms are adding legal overhang and uncertainty for investors, with deadlines centered on June 23, 2026. Article Title
Negative Sentiment: The company’s revenue fell 0.7% year over year, and management is operating against a backdrop of slower growth and heavy stock weakness versus its longer-term averages, which may keep enthusiasm in check. Article Title

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Advisors Asset Management Inc. lifted its stake in shares of Globant by 77.4% in the 4th quarter. Advisors Asset Management Inc. now owns 912 shares of the information technology services provider’s stock valued at $60,000 after purchasing an additional 398 shares during the period. CIBC Private Wealth Group LLC lifted its stake in shares of Globant by 83.2% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,125 shares of the information technology services provider’s stock valued at $65,000 after purchasing an additional 511 shares during the period. State of Wyoming lifted its stake in shares of Globant by 78.9% in the 2nd quarter. State of Wyoming now owns 882 shares of the information technology services provider’s stock valued at $80,000 after purchasing an additional 389 shares during the period. Parallel Advisors LLC lifted its stake in shares of Globant by 273.0% in the 4th quarter. Parallel Advisors LLC now owns 1,365 shares of the information technology services provider’s stock valued at $89,000 after purchasing an additional 999 shares during the period. Finally, Empowered Funds LLC acquired a new position in Globant during the 4th quarter worth approximately $105,000. 91.60% of the stock is owned by institutional investors and hedge funds.

Globant Company Profile

(Get Free Report)

Globant is a digitally native technology services company founded in 2003 in Buenos Aires, Argentina. Specializing in software development and digital transformation, Globant partners with enterprises to conceive, design and engineer software products and platforms. The company leverages agile methodologies and proprietary delivery frameworks to accelerate projects in areas such as cloud migration, user experience design, data analytics, artificial intelligence and blockchain-enabled solutions.

Globant’s service offerings span strategy consulting, custom software engineering, digital experience design and managed services.