Globant S.A. (GLOB)

Globant Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Globant stock have an average target of 220.53, with a low estimate of 135 and a high estimate of 270. The average target predicts an increase of 53.62% from the current stock price of 143.56.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$135	$220.53	$230	$270
Change	-5.96%	+53.62%	+60.21%	+88.07%

Analyst Ratings

The average analyst rating for Globant stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	9	10	10	10	9	9
Buy	4	4	4	5	5	5
Hold	5	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	19	19	19	20	19	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Leonardo Olmos UBS	UBS	Hold Maintains $217 → $190	Hold	Maintains	$217 → $190	+32.35%	Feb 26, 2025
Divya Goyal Scotiabank	Scotiabank	Hold Maintains $220 → $170	Hold	Maintains	$220 → $170	+18.42%	Feb 24, 2025
Joseph Vafi Canaccord Genuity	Canaccord Genuity	Hold Maintains $205 → $165	Hold	Maintains	$205 → $165	+14.93%	Feb 24, 2025
Tien-Tsin Huang JP Morgan	JP Morgan	Buy Maintains $248 → $242	Buy	Maintains	$248 → $242	+68.57%	Feb 21, 2025
Mayank Tandon Needham	Needham	Strong Buy Maintains $265 → $220	Strong Buy	Maintains	$265 → $220	+53.25%	Feb 21, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.80B

Increased by 15.99%

from 2.42B

Revenue Next Year

3.27B

Increased by 16.56%

from 2.80B

EPS This Year

7.49

Increased by 101.37%

from 3.72

EPS Next Year

8.85

Increased by 18.21%

from 7.49

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	814.14M	1.30B	1.78B	2.10B	2.42B	2.80B	3.27B	3.99B
Revenue Growth	23.48%	59.32%	37.25%	17.73%	15.26%	15.99%	16.56%	22.29%
EPS	1.37	2.28	3.47	3.64	3.72	7.49	8.85	10.72
EPS Growth	-4.20%	66.42%	52.19%	4.90%	2.20%	101.37%	18.21%	21.01%
Forward PE	-	-	-	-	-	19.16	16.21	13.40
No. Analysts	-	-	-	-	-	24	22	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	2.9B	3.5B	4.2B
Avg	2.8B	3.3B	4.0B
Low	2.6B	3.0B	3.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	21.9%	25.9%	29.4%
Avg	16.0%	16.6%	22.3%
Low	7.8%	7.5%	14.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	8.02	9.87	11.30
Avg	7.49	8.85	10.72
Low	6.90	7.78	10.05

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	115.7%	31.8%	27.6%
Avg	101.4%	18.2%	21.0%
Low	85.5%	3.9%	13.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.