GlobantGLOB
GLOB
About: Globant is a next-generation IT services company that primarily assists clients with their digital transformation efforts by creating customized software for them. The company was founded in 2003 in Argentina but is currently headquartered in Luxembourg and primarily serves clients in the US and Latin America. Globant's client base is relatively concentrated in the media and entertainment and financial services industries.
Employees: 31,280
0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
116% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 32
33% more funds holding in top 10
Funds holding in top 10: 6 [Q3] → 8 (+2) [Q4]
24% more call options, than puts
Call options by funds: $12.8M | Put options by funds: $10.3M
8% more funds holding
Funds holding: 369 [Q3] → 397 (+28) [Q4]
6% more capital invested
Capital invested by funds: $8.57B [Q3] → $9.06B (+$497M) [Q4]
6% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 140
2.27% less ownership
Funds ownership: 99.98% [Q3] → 97.71% (-2.27%) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$165
28%
upside
Avg. target
$216
68%
upside
High target
$255
98%
upside
8 analyst ratings
5 positive
63%
3 neutral
38%
0 negative
0%
Needham Mayank Tandon 36% 1-year accuracy 42 / 116 met price target | 71%upside $220 | Buy Reiterated | 12 Mar 2025 |
UBS Leonardo Olmos 20% 1-year accuracy 1 / 5 met price target | 47%upside $190 | Neutral Maintained | 26 Feb 2025 |
Scotiabank Divya Goyal 14% 1-year accuracy 1 / 7 met price target | 32%upside $170 | Sector Perform Maintained | 24 Feb 2025 |
Canaccord Genuity Joseph Vafi 23% 1-year accuracy 20 / 86 met price target | 28%upside $165 | Hold Maintained | 24 Feb 2025 |
JP Morgan Tien-Tsin Huang 55% 1-year accuracy 53 / 97 met price target | 88%upside $242 | Overweight Maintained | 21 Feb 2025 |
Financial journalist opinion
Based on 12 articles about GLOB published over the past 30 days
Neutral
PRNewsWire
1 week ago
Globant Revolutionizes Immersive Entertainment, Showcased at Intuit Dome
LA Clippers partner with Globant on Intuit Dome technology project that powers fan experience for the 400,000+ fans who have entered Intuit Dome in its first six months LOS ANGELES , March 6, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced the impact of its work to innovate the fan experience at the LA Clippers' Intuit Dome in Inglewood, California, creating a roadmap for the smart stadium revolution happening globally. "When Steve Ballmer set out to build the most innovative arena for the LA Clippers, it was clear that technology expertise had to be at the core of Intuit Dome's development, design and deployment," said George Hanna, Chief Technology & Digital Officer at the Los Angeles Clippers.
Neutral
PRNewsWire
1 week ago
Globant Files Annual Report for 2024
LUXEMBOURG , Feb. 28, 2025 /PRNewswire/ -- Globant S.A. (NYSE: GLOB), a digitally native technology services company (the "Company"), announced today that it filed its annual report on Form 20-F for the year ended December 31, 2024 (the "2024 Annual Report") with the U.S. Securities and Exchange Commission ("SEC").
Neutral
Seeking Alpha
2 weeks ago
Globant: Slower But Not Less Promising
Globant has plunged over 30% on mixed quarter and soft guidance. Top-line growth is decelerating, and it is no longer an aberration. Despite the recent plunge, the stock still commands premium pricing.
Positive
Seeking Alpha
2 weeks ago
Globant: Market Overreaction Creates Attractive Buying Opportunity
Globant, a multinational IT company, is rated a buy with a price target of $183, projecting an 18% upside by year-end. Despite recent underperformance and revenue misses due to LATAM currency issues, GLOB's fundamentals remain solid with growth prospects in new markets like the Middle East. GLOB's participation in major projects like Saudi Arabia's Qiddiya could significantly boost its market penetration and overall growth.
Positive
Zacks Investment Research
2 weeks ago
GLOB's Q4 Earnings Top Estimates, Sales Up Y/Y on AI-Driven Expansions
Globant's Q4 2024 performance is driven by its strategic investments in artificial intelligence and the expansion of its service offerings.
Neutral
Seeking Alpha
3 weeks ago
Globant S.A. (GLOB) Q4 2024 Earnings Call Transcript
Globant S.A. (NYSE:GLOB ) Q4 2024 Earnings Conference Call February 20, 2024 4:30 PM ET Company Participants Arturo Langa - IR Martin Migoya - Co-Founder and CEO Diego Tartara - Chief Technology Officer Patricia Pomies - COO Juan Urthiague - CFO Conference Call Participants James Schneider - Goldman Sachs Puneet Jain - JPMorgan Maggie Nolan - William Blair Jamie Friedman - Susquehanna Jonathan Lee - Guggenheim Zachary Ajzenman - TD Cowen Sean Kennedy - Mizuho Surinder Thind - Jefferies Divya Goyal - Scotia Arvind Ramnani - Piper Sandler Arturo Langa Good day, and welcome to Globant's Fourth Quarter and Full Year 2024 Earnings Conference Call.
Positive
The Motley Fool
3 weeks ago
Globant's Q4 In Line With Expectations
Globant (GLOB -3.42%), a leader in IT and software services, released its fourth-quarter earnings on Feb. 20. The Luxembourg-based company's non-IFRS adjusted diluted EPS of $1.75 marginally exceeded analysts' expectations of $1.74.
Positive
Zacks Investment Research
3 weeks ago
Globant (GLOB) Q4 Earnings Surpass Estimates
Globant (GLOB) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.62 per share a year ago.
Neutral
PRNewsWire
3 weeks ago
Globant Reports 2024 Fourth Quarter and Full Year Financial Results
Ending On A High Note Fourth quarter revenues of $642.5 million, up 10.6% year-over-year IFRS Diluted EPS of $0.85 for the fourth quarter Non-IFRS Adjusted Diluted EPS of $1.75 for the fourth quarter Full year 2024 revenues of $2,415.7 million, up 15.3% year-over-year IFRS Diluted EPS of $3.72 for the full year Non-IFRS Adjusted Diluted EPS of $6.40 for the full year LUXEMBOURG , Feb. 20, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three months and year ended December 31, 2024. Please see highlights below.
Neutral
PRNewsWire
4 weeks ago
Globant to Announce Fourth Quarter 2024 Financial Results on February 20th
LUXEMBOURG , Feb. 13, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the fourth quarter and full year ended December 31st, 2024 on Thursday, February 20th, 2025 after the close of regular market hours. Following the release, Martin Migoya, Globant's CEO & co-founder; Juan Urthiague, Globant's CFO; Patricia Pomies, Globant's COO; and Diego Tártara, Globant's CTO, will discuss the results in a video conference call beginning at 4:30 pm ET.
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