Globant S.A. (GLOB)

NYSE: GLOB · IEX Real-Time Price · USD
+0.39 (0.22%)
Jun 25, 2024, 10:33 AM EDT - Market open
Market Cap 7.51B
Revenue (ttm) 2.19B
Net Income (ttm) 167.18M
Shares Out 43.24M
EPS (ttm) 3.81
PE Ratio 45.73
Forward PE 29.59
Dividend n/a
Ex-Dividend Date n/a
Volume 84,471
Open 172.79
Previous Close 173.67
Day's Range 171.33 - 174.66
52-Week Range 151.68 - 251.50
Beta 1.40
Analysts Buy
Price Target 219.35 (+26.02%)
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]

Sector Technology
IPO Date Jul 18, 2014
Employees 29,150
Stock Exchange NYSE
Ticker Symbol GLOB
Full Company Profile

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 Statements

Analyst 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 26.02% from the latest price.

Price Target
(26.02% upside)
Analyst Consensus: Buy
Stock Forecasts


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...

22 hours ago - PRNewsWire

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...

5 days ago - PRNewsWire

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)?

Other symbols: EPAMCTSHG
7 days ago - Schwab Network

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...

Other symbols: ENFN
12 days ago - Business Wire

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...

5 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

Other symbols: ENFN
3 months ago - Business Wire

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 Consultancy Saga of "I AI" and "1000 Slides" -also produced by GUT- to show a different way of transformin...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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.

Other symbols: ACNEPAM
5 months ago - CNBC Television 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's leading position in explosive advanced AI market ORLANDO, Fla. , Jan. 30, 2024 /PRNew...

Other symbols: ENFN
5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

Other symbols: ENFN
5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

Globant Acquires Brazilian Consultancy Iteris

Headquartered in São Paulo, Iteris brings a talented group of professionals together with an impressive portfolio of digital transformation projects NEW YORK , Dec. 28, 2023 /PRNewswire/ -- Globant (N...

6 months ago - PRNewsWire