A number of research firms have changed their ratings and price targets for Globant (NYSE: GLOB):
- 11/11/2026 – Globant was downgraded by Guggenheim from “buy” to “neutral”.
- 11/9/2026 – Globant was upgraded by Weiss Ratings from “sell (d)” to “sell (d+)”.
- 10/26/2026 – Globant had its price target raised by Citigroup from $37.00 to $46.00. They now have a “neutral” rating on the stock.
- 10/26/2026 – Globant had its price target raised by Wells Fargo & Company from $39.00 to $48.00. They now have an “equal weight” rating on the stock.
- 10/13/2026 – Globant is now covered by Wells Fargo & Company. They set an “equal weight” rating and a $39.00 price target on the stock.
- 10/6/2026 – Globant had its price target lowered by Mizuho from $59.00 to $51.00. They now have an “outperform” rating on the stock.
Globant Stock Performance
Shares of NYSE:GLOB opened at $48.64 on Wednesday. Globant S.A. has a 1 year low of $27.56 and a 1 year high of $72.10. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 19.07, a price-to-earnings-growth ratio of 6.03 and a beta of 0.86. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.84 and a quick ratio of 1.84. The company’s 50 day simple moving average is $39.77 and its 200 day simple moving average is $41.72.
Globant (NYSE:GLOB – Get Free Report) last released its earnings results on Thursday, August 13th. The information technology services provider reported $1.40 earnings per share for the quarter, missing the consensus estimate 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 9.28% and a net margin of 4.63%. The firm’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. As a group, research analysts predict that Globant S.A. will post 4.57 EPS for the current fiscal year.
Insider Buying and Selling
In related news, insider Wanda Weigert sold 6,000 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $40.45, for a total value of $242,700.00. Following the sale, the insider directly owned 64,046 shares of the company’s stock, valued at $2,590,660.70. This trade represents a 8.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CRO Fernando Matzkin sold 2,500 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $40.00, for a total value of $100,000.00. Following the completion of the sale, the executive directly owned 71,608 shares in the company, valued at $2,864,320. This trade represents a 3.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 14,500 shares of company stock worth $585,400 in the last ninety days. 2.67% of the stock is owned by insiders.
Globant is a technology services company that helps businesses design, build and manage digital products and platforms. Its offerings include software and product engineering, digital experience design, cloud services, data and artificial intelligence solutions, and technology consulting. Founded in Argentina in 2003, Globant serves clients across multiple industries and operates in markets around the world. The company organizes much of its work through specialized “Studios” focused on areas such as digital transformation and emerging technologies.
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