Globant S.A. (GLOB)

NYSE: GLOB · IEX Real-Time Price · USD
183.30
+2.49 (1.38%)
At close: Apr 24, 2024, 4:00 PM
182.99
-0.31 (-0.17%)
Pre-market: Apr 25, 2024, 7:14 AM EDT
1.38%
Market Cap 7.93B
Revenue (ttm) 2.10B
Net Income (ttm) 158.54M
Shares Out 43.24M
EPS (ttm) 3.64
PE Ratio 49.81
Forward PE 29.59
Dividend n/a
Ex-Dividend Date n/a
Volume 312,570
Open 182.42
Previous Close 180.81
Day's Range 179.90 - 183.79
52-Week Range 135.41 - 251.50
Beta 1.33
Analysts Strong Buy
Price Target 250.53 (+36.68%)
Earnings Date May 16, 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 15 analysts, the average rating for GLOB stock is "Strong Buy." The 12-month stock price forecast is $250.53, which is an increase of 36.68% from the latest price.

Price Target
$250.53
(36.68% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 ...

7 days 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...

15 days 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...

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

4 weeks 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...

6 weeks 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...

7 weeks 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...

2 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...

2 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...

2 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...

2 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
2 months ago - CNBC Television

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...

Other symbols: ENFN
3 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...

3 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
3 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...

3 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...

4 months ago - PRNewsWire

Globant Celebrates 20 Years: A Journey from Argentina to Wall Street

With a series of events at the New York Stock Exchange (NYSE) building, including the recreation of the bar where Globant was first thought of, the company celebrated two decades of remarkable accompl...

5 months ago - PRNewsWire

Globant Named as a Leader in the IDC MarketScape: Worldwide Software Engineering Services 2023 Vendor Assessment

SAN FRANCISCO , Dec. 4, 2023 /PRNewswire/ --  Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, has been positioned as a Leade...

5 months ago - PRNewsWire

Globant Shakes the Creative and Tech Industries by acquiring GUT, Cannes Lions 2023's Independent Network of the Year

With this acquisition, Globant continues its journey of creating a powerful global creative tech organization ready for growth After being a client for three years, Globant buys its own advertising ag...

5 months ago - PRNewsWire

Globant Introduces CONVERGE. AI: Limitless Disruption, its Annual Tech Trends' Event Providing Groundbreaking Insights for Business Reinvention

The November 30 event will feature speakers such as Walter Isaacson (Elon Musk Biographer), Jane Lauder (The Estée Lauder Companies), David Vélez (Nubank), Marc Benioff (Salesforce), Matías Muchnik (N...

5 months ago - PRNewsWire

Globant to Announce Third Quarter 2023 Financial Results on November 16th

LUXEMBOURG , Nov. 9, 2023 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the third quarter ended September 30th, 2023...

5 months ago - PRNewsWire

Globant Recognized in Fortune's 100 Fastest-Growing Companies

The recognition highlights Globant's rapid growth in the industry and its solutions for addressing complex digital transformations in a constantly changing market NEW YORK , Nov. 2, 2023 /PRNewswire/ ...

6 months ago - PRNewsWire

Globant Launches ServiceNow Studio to Help Companies Deliver Digital Experiences of the Future for Employees, Customers, and Partners

This new Studio will unlock the full potential of ServiceNow for clients, driving efficiency, agility, and innovation, propelling growth and performance across diverse domains NEW YORK , Oct. 11, 2023...

7 months ago - PRNewsWire

Globant Announces Global Winners of the Women that Build Awards 2023

This year's global winners are Jennifer Samaniego from Ecuador and Jaloree Lantigua from the US, selected from among 25 local winners in 12 regions In this fourth edition, the global judging panel was...

7 months ago - PRNewsWire