Globant S.A. (GLOB)

NYSE: GLOB · IEX Real-Time Price · USD
162.18
+1.94 (1.21%)
Jan 31, 2023, 4:00 PM EST - Market closed
1.21%
Market Cap 6.78B
Revenue (ttm) 1.67B
Net Income (ttm) 138.68M
Shares Out 41.78M
EPS (ttm) 3.25
PE Ratio 49.58
Forward PE 65.36
Dividend n/a
Ex-Dividend Date n/a
Volume 415,368
Open 160.53
Previous Close 160.24
Day's Range 157.60 - 162.28
52-Week Range 151.63 - 286.63
Beta 1.43
Analysts Buy
Price Target 243.47 (+50.12%)
Earnings Date Feb 16, 2023

About GLOB

Globant S.A. operates as a technology services company worldwide. It offers e-commerce, new distribution capabilities, augmented revenue management, hyper connected operation, and conversational user experience services through reinvention studios; digital lending, commercial effectiveness, finance, sustainability, regulation analytic, transformation and post-merger integration, and payment and open banking services; and game and graphic engineering, UI and UX design, game as a service, DevOps, and online services, as well as high tech tools. T... [Read more]

Sector Technology
IPO Date Jul 18, 2014
Employees 26,541
Stock Exchange NYSE
Ticker Symbol GLOB
Full Company Profile

Financial Performance

In 2021, Globant's revenue was $1.30 billion, an increase of 59.32% compared to the previous year's $814.14 million. Earnings were $96.07 million, an increase of 77.19%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for GLOB stock is "Buy." The 12-month stock price forecast is $243.47, which is an increase of 50.12% from the latest price.

Price Target
$243.47
(50.12% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Globant acquired Vertic to consolidate its digital marketing global network and start operations in Denmark

With Vertic, Globant will complement its digital offering globally; strengthen its experience on Healthcare & LifeSciences industries; and establish its first office in Copenhagen that will serve as a...

3 weeks ago - PRNewsWire

Globant and NPower Grow Partnership to Support Veterans and Other Underrepresented Groups in Technology Nationwide

Globant will support training efforts across the NPower network in the US by providing advisory services, financial support, and experienced volunteers over two years SAN FRANCISCO , Dec. 22, 2022 /PR...

1 month ago - PRNewsWire

FTV Capital Appoints Six New Executives to Its Strategic Advisory Board

NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--FTV Capital, a prominent growth equity investment firm, today announced the appointment of six leading financial services executives to its Strategic Advis...

Other symbols: ENFN
2 months ago - Business Wire

Globant Expands Operations in Asia-Pacific and Middle East

Expansion will help drive digital transformation for companies in Asia-Pacific and the Middle East through a new business unit called "New Markets" As part of this expansion and to boost global growth...

2 months ago - PRNewsWire

Globant (GLOB) Tops Q3 Earnings and Revenue Estimates

Globant (GLOB) delivered earnings and revenue surprises of 0.79% and 0.35%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Globant Reports 2022 Third Quarter Financial Results

Strong Results, Reflecting Solid Demand for Digital Third quarter revenues of $458.9 million, up 34.2% year-over-year  IFRS Diluted EPS of $0.84 for the third quarter  Non-IFRS Diluted EPS of $1.27 fo...

2 months ago - PRNewsWire

Globant acquires Asia Pacific's leading digital commerce specialist eWave, and expands its presence to Australia and Asia

eWave, a multi-award-winning Adobe Platinum Partner and Salesforce Gold Partner, will reinforce Globant's growing digital commerce capabilities to continue delivering profound industry transformations...

2 months ago - PRNewsWire

Why Globant (GLOB) Might Surprise This Earnings Season

Globant (GLOB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 months ago - Zacks Investment Research

Globant Launches New Enterprise Platforms Studios to Prepare Organizations for End-to-End Digital Reinvention

Globant will expand its existing Studios offering by combining its knowledge and expertise in enterprise platforms with its world-class technologies to drive process innovation, optimization, and cust...

2 months ago - PRNewsWire

Globant to Announce Third Quarter 2022 Financial Results on November 17th

LUXEMBOURG , Nov. 10, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the third quarter ended September 30th, 202...

2 months ago - PRNewsWire

Globant (GLOB) Earnings Expected to Grow: What to Know Ahead of Q3 Release

Globant (GLOB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Globant Earns the Frost & Sullivan 2022 Company of the Year Award for Digital Transformation Services

The leading global analyst firm's award recognizes Globant as providing "the most comprehensive suite of solutions and services in the market, spanning robust features and capabilities" SAN FRANCISCO ...

3 months ago - PRNewsWire

ConnexPay Secures $110 Million Growth Investment Led by FTV Capital to Propel Global Expansion and Unify Payments Ecosystem

ATLANTA--(BUSINESS WIRE)-- #simplyconnectingpayments--ConnexPay announces $110 million growth investment led by FTV Capital, an investor with 20 years of experience in payments and financial services.

Other symbols: ENFN
3 months ago - Business Wire

Globant Launches WaaSabi Platform, Enabling Customers to Add Digital Wallets on Any Digital Experience

WaaSabi's Wallet-as-a-Service API platform extends innovative, customer-centric digital payment capabilities to any business in any industry SAN FRANCISCO , Oct. 24, 2022 /PRNewswire/ --  Globant  (NY...

3 months ago - PRNewsWire

Save the Date for Globant's CONVERGE: Reinventing Connections

November 3 event will be hosted by Swan Sit and feature speakers such as Karlie Kloss, Arianna Huffington, Refik Anadol and Tristan Harris, among others CONVERGE to deliver exclusive, actionable insig...

3 months ago - PRNewsWire

Why Globant (GLOB) Could Beat Earnings Estimates Again

Globant (GLOB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

3 months ago - Zacks Investment Research

FIFA announces partnership with Globant to wide-ranging FIFA+ and multi-tournament agreement

Globant will be the Global Platform Supporter of FIFA+, leveraging the latest technologies to enhance the user experience on FIFA's game-changing digital platform. The digital consultant and software ...

3 months ago - PRNewsWire

Globant (GLOB) is an Incredible Growth Stock: 3 Reasons Why

Globant (GLOB) possesses solid growth attributes, which could help it handily outperform the market.

4 months ago - Zacks Investment Research

FTV Capital Named to Inc.'s Founder-Friendly Investors List for Second Consecutive Year

NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--FTV Capital, a prominent growth equity investment firm, today announced its inclusion for the second consecutive year on Inc.'s annual Founder-Friendly Inves...

Other symbols: ENFN
4 months ago - Business Wire

Bet on These 4 Top-Performing Liquid Stocks for Robust Returns

Here are four top-ranked liquid stocks, Oxford Industries (OXM), Services Property Trust (SVC), Globant (GLOB) and Pure Storage (PSTG), which investors can add to their portfolio for returns

Other symbols: OXMPSTGSVC
4 months ago - Zacks Investment Research

Globant acquires Italian-based Sysdata to expand its digital transformation capabilities in Europe

Sysdata is an Italian leading business and technology consultancy company with an impressive client and service portfolio. With this acquisition, Globant will land in Italy to expand its footprint of ...

4 months ago - PRNewsWire

Globant and LaLiga reach an agreement to create a global technology company to reinvent the Sports and Entertainment Industry

The new joint venture will expand and accelerate the services and products currently offered by LaLiga Tech, leveraging Globant's focus on the latest technologies and trends to transform sport and ent...

4 months ago - PRNewsWire

3 Reasons Growth Investors Will Love Globant (GLOB)

Globant (GLOB) possesses solid growth attributes, which could help it handily outperform the market.

4 months ago - Zacks Investment Research

Globant (GLOB) Upgraded to Strong Buy: What Does It Mean for the Stock?

Globant (GLOB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

4 months ago - Zacks Investment Research

Globant named Leader in the 2022 SPARK Matrix for Healthcare IT Services by Quadrant Knowledge Solutions

Quadrant Knowledge Solutions conducted in-depth research of the major Healthcare IT Services vendors by evaluating their product portfolio, market presence, and customer value proposition. Globant's k...

4 months ago - PRNewsWire