Globant S.A. (GLOB)

NYSE: GLOB · IEX Real-Time Price · USD
197.22
+6.15 (3.22%)
Jun 24, 2022 4:00 PM EDT - Market closed
3.22%
Market Cap 8.24B
Revenue (ttm) 1.43B
Net Income (ttm) 111.02M
Shares Out 41.78M
EPS (ttm) 2.61
PE Ratio 75.53
Forward PE 65.36
Dividend n/a
Ex-Dividend Date n/a
Volume 321,979
Open 193.38
Previous Close 191.07
Day's Range 191.60 - 197.50
52-Week Range 159.56 - 354.62
Beta 1.52
Analysts Buy
Price Target 298.07 (+51.1%)
Earnings Date Aug 11, 2022

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...]

Industry Software
IPO Date Jul 18, 2014
CEO Martin Migoya
Employees 24,504
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 298.07, which is an increase of 51.14% from the latest price.

Price Target
$298.07
(51.14% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Globant Announces Expansion to Canada With Toronto Office Opening

The new Canada facility joins others in the US and Mexico and consolidates Globant's presence in North America; the local team will expand service offerings to regional clients in retail and financial s...

Zoovu Secures $169 Million Series C Led by FTV Capital to Deliver Data-driven Product Discovery Experiences for E-com...

BOSTON--(BUSINESS WIRE)--Zoovu, an AI-powered discovery experience platform for B2B and B2C e-commerce, has raised $169 million led by FTV Capital.

Other symbols: ENFN

S&P 500 Bear Market: 2 Top Growth Stocks to Buy and Hold Through the Downturn

Near-term volatility should eventually give way to long-term outperformance for these stocks.

Other symbols: CRWD

Globant Publishes Sentinel Report on Metaverse Opportunities for Businesses and Industries

New Globant survey reveals that while 73% of respondents feel the metaverse is accessible to them, only 26% have experienced it The Sentinel Report is a Globant initiative to inspire companies to keep r...

2 Smart Pick-and-Shovel Plays on the Future of Tech Innovation

The sell-off in these two IT consulting winners seems overdone.

Other symbols: DAVA

Save the Date: Globant Invites to the Tech N' Fest 2022

More than 7,000 technology enthusiasts, artists and entrepreneurs from around the world have already registered for the free live streaming of the event that will take place this Wednesday, June 1 in Me...

Globant's Be Kind Tech Fund Collaborates With Investors, Universities, and Nonprofits to Tackle Misuse of Technology

The Fund's new partners include The George Washington University and investors Riverwood Capital, IDB Lab, and Nazca, alongside the Center for Humane Technology joining as an advisor SAN FRANCISCO , May...

Globant (GLOB) Q1 Earnings and Revenues Surpass Estimates

Globant (GLOB) delivered earnings and revenue surprises of 1.71% and 0.86%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Globant Reports 2022 First Quarter Financial Results

Solid Start To The Year First quarter revenues of $401.4 million, up 48.6% year-over-year  IFRS Diluted EPS of $0.86 for the first quarter  Non-IFRS Diluted EPS of $1.19 for the first quarter LUXEMBOURG...

Globant Launches Smart Payments Studio to Help Companies Create Simpler, Faster and More Secure Solutions

New Studio Encompasses practices like Digital Commerce, Alternative Payments, Rewards & Loyalty and Analytics to Support Clients' Transformations NEW YORK, May 18, 2022 /PRNewswire/ --  Globant  (NYSE: ...

Globant Launches EdTech Studio to Empower Organizations to Create High-Quality Learning Experiences

With its new Studio, Globant seeks to reinvent learning experiences and transform organizations by leveraging its expertise in transforming organizations through trends such as Big Data, Analytics, AI, ...

Globant to Announce First Quarter 2022 Financial Results on May 19th

LUXEMBOURG , May 12th, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the first quarter ended March 31st, 2022 on ...

Andrea Mayumi Petroni Merhy Joins Globant's Board of Directors

LUXEMBOURG , May 3, 2022 /PRNewswire/ -- Globant  (NYSE: GLOB), a digitally native company focused on reinventing business through innovative technology solutions, announced today the appointment of And...

This Under-the-Radar Winner Just Made Another Promising Move

Globant has produced market-crushing returns over the past five years, and the company is just getting started.

Globant Acquires Low-code Platform GeneXus to Foster Business Reinvention and Expand its Product Portfolio

Globant becomes one of the first leading digital players to invest in a low-code platform to propel business transformation. GeneXus developed a leading low-code platform that simplifies software develo...

Globant Launches Digital Performance Studio to Deliver Lasting Improvement in Organizations Undergoing Digital Transf...

The new Studio boosts team synergy and success with data-backed tools and methodology SAN FRANCISCO , April 13, 2022 /PRNewswire/ --  Globant  (NYSE: GLOB), a digitally native company focused on reinven...

2 Stocks Standing Out in the Internet Software & Services Industry

The Internet-Software & Services industry has been impacted by a decline in overall business levels as a result of the pandemic, but GLOB and VRSN are worth considering.

Other symbols: VRSN

Globant Welcomes Endeavor, LAVCA, and Newlab as Partners of Its BeKind. Tech Fund

Globant's BeKind. Tech Fund increases its entrepreneurial network and the scale of its impact in its mission to mitigate the potential negative effects of technology in society, such as online harassmen...

6 Stocks Halted In Wednesday's Session

A circuit breaker is an automatic, temporary trading halt on certain securities when the underlying stock is experiencing times of high volatility. It is a measure put in place to help restore and bring...

Other symbols: AKBABNOXDOREVBSKYH

Globant official update

NEW YORK , March 30, 2022 /PRNewswire/ -- We have recently detected that a limited section of our company's code repository has been subject to unauthorized access. We have activated our security protoc...

Lapsus$ hacking group claims software consultancy giant Globant as its latest breach victim

Just days after police in the U.K. arrested seven people over suspected connections to the now-infamous hacking and extortion group, Lapsus$ is claiming its latest victim. Lapsus$, whose recent victims ...

Globant Certified™ a Great Place to Work® Across Numerous Countries for its unique culture

Globant was recognized as a Great Place to Work-Certified™ company in every country the organization applied. It includes the United States, Uruguay, Argentina, Colombia, and India.

Globant Joins AWS to Launch AWS for Games Service Offering

Through AWS for Games, Globant will help developers meet the modern gamer's demands by boosting the efficiency, productivity, speed, and intelligence of their building process SAN FRANCISCO ,  March 24,...

3 Reasons Why Growth Investors Shouldn't Overlook Globant (GLOB)

Globant (GLOB) could produce exceptional returns because of its solid growth attributes.

Wall Street Analysts Think Globant (GLOB) Could Surge 34%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 34.2% in Globant (GLOB). While the effectiveness of this highly sought-after metric is questionable, the positive...