Globant S.A. (NYSE:GLOB) Receives $46.38 Average Price Target from Analysts

Posted by George Bondi on Aug 20th, 2026

Globant S.A. (NYSE:GLOB – Get Free Report) has been assigned an average rating of “Hold” from the seventeen brokerages that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $46.3750.

GLOB has been the topic of several research analyst reports. The Goldman Sachs Group lowered their price objective on shares of Globant from $60.00 to $52.00 and set a “neutral” rating on the stock in a research note on Friday, August 14th. UBS Group set a $38.00 target price on shares of Globant in a research note on Friday, August 14th. Itau BBA Securities downgraded shares of Globant from an “outperform” rating to a “market perform” rating and set a $39.00 price target for the company. in a report on Wednesday, July 8th. Truist Financial decreased their price target on shares of Globant from $44.00 to $38.00 and set a “hold” rating on the stock in a research report on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft set a $33.00 price objective on shares of Globant in a report on Friday, July 10th.

View Our Latest Stock Analysis on GLOB

Globant Stock Up 6.3%

Globant stock opened at $39.65 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.84 and a quick ratio of 1.84. Globant has a fifty-two week low of $27.56 and a fifty-two week high of $72.10. The firm has a fifty day moving average price of $33.80 and a two-hundred day moving average price of $41.50. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of 15.55, a P/E/G ratio of 2.31 and a beta of 1.02.

Globant (NYSE:GLOB – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by ($0.10). The business had revenue of $614.42 million during the quarter, compared to analyst estimates of $612.86 million. Globant had a net margin of 4.63% and a return on equity of 9.28%. The company’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the prior 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. As a group, analysts forecast that Globant will post 4.81 earnings per share for the current year.

Globant announced that its board has authorized a share repurchase program on Monday, May 18th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the information technology services provider to repurchase up to 2.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Hedge Funds Weigh In On Globant

Several institutional investors and hedge funds have recently added to or reduced their stakes in GLOB. BlackRock Inc. acquired a new stake in Globant during the 2nd quarter valued at $128,713,000. Pzena Investment Management LLC acquired a new position in Globant in the second quarter worth $111,700,000. Wellington Management Group LLP grew its holdings in shares of Globant by 350.3% during the second quarter. Wellington Management Group LLP now owns 1,706,156 shares of the information technology services provider’s stock worth $49,376,000 after purchasing an additional 1,327,268 shares during the last quarter. Alliancebernstein L.P. increased its stake 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 buying an additional 915,924 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of Globant by 601.5% in the third quarter. BNP Paribas Financial Markets now owns 783,930 shares of the information technology services provider’s stock valued at $44,982,000 after buying an additional 672,175 shares in the last quarter. 91.60% of the stock is currently owned by institutional investors.

About Globant

(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.