Globant (NYSE:GLOB) Releases FY 2026 Earnings Guidance

Posted by Brenda Bartman on Aug 14th, 2026

Globant (NYSE:GLOB – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 5.750-6.150 for the period, compared to the consensus earnings per share estimate of 5.940. The company issued revenue guidance of $2.4 billion-$2.5 billion, compared to the consensus revenue estimate of $2.5 billion. Globant also updated its Q3 2026 guidance to 1.430-1.430 EPS.

Globant Trading Up 6.3%

Shares of Globant stock opened at $41.18 on Friday. The business has a fifty day simple moving average of $33.81 and a 200-day simple moving average of $42.37. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of 16.74, a price-to-earnings-growth ratio of 1.46 and a beta of 1.02. Globant has a fifty-two week low of $27.56 and a fifty-two week high of $79.65. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.16.

Globant (NYSE:GLOB – Get Free Report) last issued its earnings results on Thursday, August 13th. The information technology services provider reported $1.40 earnings per share for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.10). The business had revenue of $614.42 million for the quarter, compared to the consensus estimate of $612.86 million. Globant had a return on equity of 9.87% and a net margin of 4.46%.The company’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.53 earnings per share. Globant has set its FY 2026 guidance at 5.750-6.150 EPS and its Q3 2026 guidance at 1.430-1.430 EPS. On average, equities analysts forecast that Globant will post 4.89 EPS for the current fiscal year.

Globant declared that its Board of Directors has initiated a share buyback program on Monday, May 18th that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the information technology services provider to repurchase up to 2.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft set a $33.00 price objective on shares of Globant in a research note on Friday, July 10th. Needham & Company LLC restated a “buy” rating on shares of Globant in a report on Friday. William Blair downgraded shares of Globant from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 30th. Itau BBA Securities lowered shares of Globant from an “outperform” rating to a “market perform” rating and set a $39.00 price objective for the company. in a research note on Wednesday, July 8th. Finally, TD Cowen lowered their price objective on shares of Globant from $59.00 to $47.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Five analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $52.31.

Get Our Latest Stock Analysis on GLOB

Globant News Summary

Here are the key news stories impacting Globant this week:

Positive Sentiment: AI growth and FIFA partnership provide longer-term upside. Globant said Glob.AI annual recurring revenue reached $52.8 million in the second quarter, up 61% sequentially, and expects at least $110 million exiting 2026. FIFA also selected Globant to build an AI-powered, year-round fan-engagement ecosystem, with initial pilots indicating a 20% efficiency improvement. Globant Reports 2026 Second Quarter Financial Results FIFA Selects Globant to Create a Continuous Fan Experience Ecosystem
Positive Sentiment: Cash flow and operating profit improved. Second-quarter revenue was approximately $614.4 million, broadly in line with estimates, while operating profit rose sharply year over year to $19.9 million. Operating cash flow increased to $30.2 million, and total liabilities declined to about $1.1 billion. Globant Q2 Earnings Results
Neutral Sentiment: Investor attention is centered on the earnings call. The Q2 2026 conference call transcript is available as investors assess management’s comments on AI commercialization, demand trends and the path toward renewed growth. Globant Q2 2026 Earnings Call Transcript
Negative Sentiment: Earnings missed and growth remained stagnant. Adjusted EPS was $1.40, below the roughly $1.49–$1.50 consensus and down from $1.53 a year earlier. Revenue was essentially flat year over year, gross profit fell 4.3% to $208.2 million, and net income declined. Globant Q2 Earnings Lag Estimates
Negative Sentiment: Third-quarter guidance was below expectations. Globant forecast EPS of $1.43 versus consensus of $1.52 and revenue of $607 million–$615 million versus $626.2 million expected. Full-year revenue guidance of $2.4 billion–$2.5 billion also fell short of the $2.5 billion consensus midpoint, reinforcing concerns about delayed discretionary technology spending and limited near-term growth visibility.

Hedge Funds Weigh In On Globant

Several hedge funds have recently bought and sold shares of the business. Royal Bank of Canada increased its holdings in shares of Globant by 8.5% during the 4th quarter. Royal Bank of Canada now owns 1,777,710 shares of the information technology services provider’s stock valued at $116,209,000 after acquiring an additional 138,596 shares during the last quarter. Wasatch Advisors LP boosted its position in Globant by 19.0% during the fourth quarter. Wasatch Advisors LP now owns 1,243,309 shares of the information technology services provider’s stock worth $81,275,000 after purchasing an additional 198,318 shares during the period. Morgan Stanley grew its holdings in Globant by 11.7% during the fourth quarter. Morgan Stanley now owns 1,027,471 shares of the information technology services provider’s stock valued at $67,166,000 after purchasing an additional 107,989 shares during the last quarter. Nuveen LLC grew its holdings in Globant by 80.2% during the fourth quarter. Nuveen LLC now owns 1,027,136 shares of the information technology services provider’s stock valued at $67,144,000 after purchasing an additional 456,999 shares during the last quarter. Finally, Alliancebernstein L.P. raised its position in shares of Globant by 6,875.8% in the second quarter. Alliancebernstein L.P. now owns 929,245 shares of the information technology services provider’s stock valued at $84,413,000 after purchasing an additional 915,924 shares during the period. 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.