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
25.89
$3.38
1.37
-

What the Analysts think about Globant

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

Bulls say / Bears say

Globant's strategic partnership with Google Cloud aims to enhance enterprise adoption of AI and cloud technologies, potentially driving significant growth in sectors like Media & Entertainment, Retail, Healthcare, and Finance & Banking. (stocktitan.net)
The company's AI-related revenues more than doubled in 2024, reaching $350 million, indicating strong momentum in AI services. (ft.com)
Globant's collaboration with Formula 1 to provide cutting-edge IT infrastructure enhances its visibility and credibility in the sports and entertainment industry, potentially attracting new clients. (nasdaq.com)
Jefferies reduced Globant's price target to $125, citing a 28% stock decline following disappointing Q1 earnings and lowered 2025 revenue guidance. (investing.com)
The company's projected revenue growth for 2025 is under 12%, a significant slowdown from the 37.1% compound annual growth rate between 2020 and 2023, raising concerns about future performance. (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 8 Jul 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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