Globant Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for Globant stock have an average target of 232.15, with a low estimate of 135 and a high estimate of 275. The average target predicts an increase of 4.81% from the current stock price of 221.49.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$135	$232.15	$240	$275
Change	-39.05%	+4.81%	+8.36%	+24.16%

Analyst Ratings

The average analyst rating for Globant stock from 20 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	9	8	9	10	10	10
Buy	4	4	4	4	4	5
Hold	3	5	5	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	17	18	19	19	19	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Friedman Susquehanna	Susquehanna	Buy Initiates $255	Buy	Initiates	$255	+15.13%	Dec 17, 2024
Divya Goyal Scotiabank	Scotiabank	Hold Maintains $210 → $220	Hold	Maintains	$210 → $220	-0.67%	Nov 19, 2024
Joseph Vafi Canaccord Genuity	Canaccord Genuity	Hold Maintains $205	Hold	Maintains	$205	-7.45%	Nov 18, 2024
Mayank Tandon Needham	Needham	Strong Buy Maintains $245 → $265	Strong Buy	Maintains	$245 → $265	+19.64%	Nov 15, 2024
Bryan Bergin TD Cowen	TD Cowen	Strong Buy Maintains $230 → $240	Strong Buy	Maintains	$230 → $240	+8.36%	Nov 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.47B

from 2.10B

17.66%

from 2.10B

Revenue Next Year

2.82B

from 2.47B

14.40%

from 2.47B

EPS This Year

6.52

from 3.64

79.18%

from 3.64

EPS Next Year

7.49

from 6.52

14.84%

from 6.52

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	659.33M	814.14M	1.30B	1.78B	2.10B	2.47B	2.82B	3.30B
Revenue Growth	26.23%	23.48%	59.32%	37.25%	17.73%	17.66%	14.40%	17.05%
EPS	1.43	1.37	2.28	3.47	3.64	6.52	7.49	8.91
EPS Growth	1.42%	-4.20%	66.42%	52.19%	4.90%	79.18%	14.84%	19.02%
Forward PE	-	-	-	-	-	33.96	29.57	24.85
No. Analysts	-	-	-	-	-	25	24	20

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

Revenue Forecast

Revenue	2024	2025	2026
High	2.5B	2.9B	3.5B
Avg	2.5B	2.8B	3.3B
Low	2.4B	2.7B	3.0B

Revenue Growth

Revenue Growth	2024	2025	2026
High	21.4%	19.4%	25.8%
Avg	17.7%	14.4%	17.1%
Low	12.6%	7.7%	7.3%

EPS Forecast

EPS	2024	2025	2026
High	6.90	7.89	9.87
Avg	6.52	7.49	8.91
Low	6.06	6.90	7.78

EPS Growth

EPS Growth	2024	2025	2026
High	89.7%	20.9%	31.8%
Avg	79.2%	14.8%	19.0%
Low	66.4%	5.8%	3.9%

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.