Globant S.A. (GLOB)
| Market Cap | 7.64B |
| Revenue (ttm) | 2.19B |
| Net Income (ttm) | 167.18M |
| Shares Out | 43.30M |
| EPS (ttm) | 3.81 |
| PE Ratio | 46.19 |
| Forward PE | 29.59 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 267,392 |
| Open | 176.97 |
| Previous Close | 176.29 |
| Day's Range | 176.01 - 178.04 |
| 52-Week Range | 151.68 - 251.50 |
| Beta | 1.40 |
| Analysts | Buy |
| Price Target | 219.35 (+24.24%) |
| Earnings Date | Aug 15, 2024 |
About GLOB
Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions. Further, t... [Read more]
Financial Performance
In 2023, Globant's revenue was $2.10 billion, an increase of 17.73% compared to the previous year's $1.78 billion. Earnings were $158.54 million, an increase of 6.48%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for GLOB stock is "Buy." The 12-month stock price forecast is $219.35, which is an increase of 24.24% from the latest price.
News
Globant Augments Software Development Life Cycle with Its New AI Agents
Globant's more than 10 years of investment in AI are now reflected in an innovative suite of AI Agents and products to empower teams and boost results These new AI Agents will be augmented by humans a...
Globant's New Adobe Studio: Integrating Marketing Technology Expertise with Adobe Experience Cloud
With a portfolio of successful Adobe implementations for some of the world's most recognizable brands across 33 countries, the company now consolidates its ability to deliver value at scale SAN FRANCI...
Globant Launches Globant GUT, a Creative Network Reinvented by Tech
Six months after joining efforts, the tech giant and creative powerhouse make another bold move to offer a unique one-stop creative and tech shop for global marketeers Globant GUT Network will leverag...
Bullish On Fintech: EPAM, G, CTSH, GLOB
How are fintech stocks performing this year? Should investors be bullish on names like EPAM Systems (EPAM), Genpact (G), Cognizant Technology Solutions (CTSH), and Globant (GLOB)?
FTV Capital Expands Internationally with Opening of London Office
NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--FTV Capital, a prominent sector-focused growth equity investment firm with a successful 25+-year track record of investing in financial and enterprise techno...
Globant Reports 2024 First Quarter Financial Results
Executing on Growth Initiatives First quarter revenues of $571.1 million, up 20.9% year-over-year IFRS Diluted EPS of $1.02 for the first quarter Non-IFRS Adjusted Diluted EPS of $1.53 for the first q...
Globant Launches Robotics Studio to Offer the Best Solutions for Autonomous Machine Systems
Through its expertise in IoT and AI, this new Studio enhances Globant's position in the automated robot integration space SAN FRANCISCO , May 15, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally...
Globant to Announce First Quarter 2024 Financial Results on May 16th
LUXEMBOURG , May 9, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release res...
Globant and Formula 1 Announce Multi-Year Partnership to Elevate F1 Digital Experiences
The first two projects of this collaboration will focus on improving the current pit wall system, a key source of information for racing teams, and enriching the fan experience mobile application used...
Everest Group recognizes Globant as a Star Performer and Leader in the Software Product Engineering Services PEAK Matrix® Assessment 2024
The Star Performer title is awarded to providers who have demonstrated the most significant improvement over time on the PEAK Matrix® NEW YORK , April 17, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a ...
Globant to Hold its Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders on May 10, 2024
LUXEMBOURG , April 9, 2024 /PRNewswire/ -- Globant S.A. (NYSE: GLOB) (the "Company"), a digitally native technology services company focused on creating digital journeys, announces that its Annual Gen...
Globant Wins Google Cloud Industry Solution Services Partner of the Year Award for Media & Entertainment for Second Consecutive Year
The company also won Partner of the Year Awards in Latin America for Services and Talent Development SAN FRANCISCO , April 8, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company foc...
ConnexPay Appoints Ben Peters as Chief Executive Officer
ATLANTA--(BUSINESS WIRE)-- #simplyconnectingpayments--ConnexPay has announced the appointment of Ben Peters as chief executive officer. Peters brings more than two decades of experience.
Globant Presents "Taste ID": the New Ad by GUT Pokes Fun at Legacy Tech Industry
The new commercial playfully challenges nonsense tech applications and continues the Stuck.in Consultancy Saga of "I AI" and "1000 Slides" -also produced by GUT- to show a different way of transformin...
Celebrating Innovation and Leadership: Globant Announces 5th Edition of Women That Build Awards
This new edition will recognize women leaders in Latin America, Europe, US & Canada, and India Previous editions accumulated 310,000+ votes, featured 6,000 candidates and involved women from over 50 c...
Globant Files Annual Report for 2023
LUXEMBOURG , Feb. 29, 2024 /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 t...
Globant Reports 2023 Fourth Quarter and Full Year Financial Results
Solid Finish to the Year and Positive Outlook Ahead Fourth quarter revenues of $580.7 million, up 18.3% year-over-year IFRS Diluted EPS of $0.96 for the fourth quarter Non-IFRS Adjusted Diluted EPS of...
Globant Converges its Strength in Creating Seamless Customer Experiences and Innovative Technology Capabilities into the New Connected Experiences Studio
Through cutting-edge technology, creativity, and innovation, Globant reinvents how brands engage with their customers through memorable and fulfilling experiences SAN FRANCISCO , Feb. 14, 2024 /PRNews...
Globant to Announce Fourth Quarter 2023 Financial Results on February 15th
LUXEMBOURG , Feb. 8, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release re...
Globant Launches Loyalty Studio to Boost Customer Relations and Maximize Revenue Through AI
Globant leverages its experience in AI and innovation to deliver comprehensive loyalty strategies Loyalty programs help businesses boost revenues, achieve greater profitability, and facilitate more co...
How to play the AI trend
Mizuho's Dan Dolev and Sean Kennedy join 'Halftime Report' to discuss how to play AI trends and more.
Kore.ai Secures $150 Million Strategic Growth Investment to Drive AI-powered Customer and Employee Experiences for Global Brands
Led by FTV Capital, with participation from NVIDIA and existing investors, funding will further solidify Kore.ai's leading position in explosive advanced AI market ORLANDO, Fla. , Jan. 30, 2024 /PRNew...
Globant unveils its first Business Innovation Hub in Berlin
The company introduced this new space at an exclusive event attended by its clients and stakeholders in Germany Along with Madrid, London, Milan, and Paris, Berlin is one of the main Globant's strateg...
BillingPlatform Secures $90 Million Growth Equity Investment from FTV Capital
New funding will accelerate innovation, product development and go-to-market expansion for the leading enterprise revenue lifecycle management platform DENVER , Jan. 24, 2024 /PRNewswire/ -- BillingPl...
Globant Ranked by Brand Finance As the Fastest-Growing IT Brand and 5th Strongest IT Brand Globally
The recognition highlights Globant's rapid growth from the 8th to the 5th position as the strongest brand in the industry Driven by its unique culture, Studio Networks model and AI-based suite of prod...