Globant S.A. (NYSE:GLOB) Stock Rated “Hold” by Wall Street Brokerages

Posted by Brenda Bartman on Oct 13th, 2026

Globant S.A. (NYSE:GLOB – Get Free Report) has been given a consensus rating of “Hold” by the eighteen research firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $44.81.

A number of analysts have commented on GLOB shares. Weiss Ratings lowered Globant from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, August 14th. Wedbush cut shares of Globant from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $54.00 to $37.00 in a research note on Friday, August 14th. Deutsche Bank Aktiengesellschaft set a $33.00 price objective on shares of Globant in a research report on Friday, July 10th. Susquehanna decreased their target price on shares of Globant from $78.00 to $70.00 and set a “positive” rating for the company in a research note on Friday, August 14th. Finally, Citigroup cut their price objective on Globant from $42.00 to $37.00 and set a “neutral” rating for the company in a report on Monday, July 27th.

View Our Latest Research Report on GLOB

Globant Price Performance

Shares of NYSE GLOB opened at $36.45 on Tuesday. Globant has a 1 year low of $27.56 and a 1 year high of $72.10. The stock has a market capitalization of $1.60 billion, a P/E ratio of 14.29, a P/E/G ratio of 4.64 and a beta of 0.98. The company’s 50-day moving average is $37.61 and its 200 day moving average is $38.06. 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 (NYSE:GLOB – Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $614.42 million for the quarter, compared to the consensus estimate of $612.86 million. Globant had a net margin of 4.63% and a return on equity of 9.28%. The business’s revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the firm 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, sell-side analysts expect that Globant will post 4.58 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Wanda Weigert sold 6,000 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $40.45, for a total value of $242,700.00. Following the completion of the sale, the insider directly owned 64,046 shares of the company’s stock, valued at approximately $2,590,660.70. This represents a 8.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Diego Tartara sold 6,000 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $40.45, for a total transaction of $242,700.00. Following the completion of the transaction, the chief technology officer owned 72,320 shares of the company’s stock, valued at approximately $2,925,344. The trade was a 7.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 14,500 shares of company stock worth $585,400. Company insiders own 2.67% of the company’s stock.

Institutional Trading of Globant

Several hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC lifted its holdings in shares of Globant by 27.1% during the 1st quarter. Parallel Advisors LLC now owns 1,735 shares of the information technology services provider’s stock valued at $80,000 after purchasing an additional 370 shares during the last quarter. Matthews International Capital Management LLC increased its holdings in shares of Globant by 8.1% during the first quarter. Matthews International Capital Management LLC now owns 6,399 shares of the information technology services provider’s stock valued at $295,000 after acquiring an additional 480 shares in the last quarter. MidFirst Bank acquired a new position in shares of Globant during the fourth quarter valued at about $47,000. State of Wyoming raised its position in shares of Globant by 62.7% in the 1st quarter. State of Wyoming now owns 1,943 shares of the information technology services provider’s stock valued at $90,000 after purchasing an additional 749 shares during the last quarter. Finally, TD Waterhouse Canada Inc. boosted its stake in Globant by 45.0% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 3,485 shares of the information technology services provider’s stock worth $109,000 after purchasing an additional 1,081 shares in the last quarter. Hedge funds and other institutional investors own 91.60% of the company’s stock.

Globant Company Profile

(Get Free Report)

Globant SA (NYSE:GLOB) is a digitally native technology services company that helps organizations develop, modernize and manage digital products and business operations. Its services include software product engineering, user experience and design, cloud transformation, data and analytics, artificial intelligence, enterprise platforms, cybersecurity and digital marketing.

The company works with clients across industries such as financial services, healthcare, media and entertainment, retail, travel and consumer products.