Globant/$GLOB

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About Globant

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.

Ticker

$GLOB

Primary listing

NYSE

Industry

IT Services

Headquarters

Luxembourg, Luxembourg

Employees

31,102

ISIN

LU0974299876

Globant Metrics

BasicAdvanced
$3.9B
26.04
$3.38
1.37
-

What the Analysts think about Globant

Analyst ratings (Buy, Hold, Sell) for Globant stock.

Bulls say / Bears say

Globant's AI-related projects generated $350 million in revenue in 2024, more than doubling the previous year's figure, indicating strong growth in this sector. (ft.com)
The company reported a 15.3% year-over-year revenue growth in 2024, reaching $2.415 billion, showcasing robust financial performance. (sahmcapital.com)
Globant was recognized as the fastest-growing IT brand and ranked 5th strongest IT brand globally by Brand Finance in 2024, reflecting its strong market position. (globant.com)
Globant's share price has more than halved since February 2025 due to slowing growth and global market instability. (ft.com)
The company projects revenue growth of under 12% for 2025, a significant decline from the average compound growth rate of 37.1% between 2020 and 2023. (ft.com)
Globant faces stiff competition from larger firms like Accenture and EPAM Systems, which could impact its market share and profitability. (ft.com)
Data summarised monthly by Lightyear AI. Last updated on 6 Jun 2025.

Globant Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Globant Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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