Globant S.A. (GLOB)
NYSE: GLOB · Real-Time Price · USD
209.52
+5.43 (2.66%)
Nov 19, 2024, 3:34 PM EST - Market open
Globant Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Globant stock have an average target of 230.95, with a low estimate of 135 and a high estimate of 275. The average target predicts an increase of 10.23% from the current stock price of 209.52.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 8 | 9 | 10 | 10 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 3 | 3 | 5 | 5 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 17 | 17 | 18 | 19 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $210 → $220 | Hold | Maintains | $210 → $220 | +5.00% | Nov 19, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $205 | Hold | Maintains | $205 | -2.16% | Nov 18, 2024 |
| Needham | Needham | Strong Buy Maintains $245 → $265 | Strong Buy | Maintains | $245 → $265 | +26.48% | Nov 15, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $230 → $240 | Strong Buy | Maintains | $230 → $240 | +14.55% | Nov 15, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $240 → $237 | Buy | Maintains | $240 → $237 | +13.12% | Nov 15, 2024 |
Financial Forecast
Revenue This Year
2.47B
from 2.10B
Increased by 17.61%
Revenue Next Year
2.84B
from 2.47B
Increased by 15.25%
EPS This Year
6.53
from 3.64
Increased by 79.40%
EPS Next Year
7.56
from 6.53
Increased by 15.71%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.6B | 3.0B | 3.6B | |
| Avg | 2.5B | 2.8B | 3.3B | |
| Low | 2.4B | 2.7B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 21.7% | 22.3% | 26.2% | |
| Avg | 17.6% | 15.3% | 17.7% | |
| Low | 12.5% | 8.6% | 6.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.89 | 8.19 | 10.29 | |
| Avg | 6.53 | 7.56 | 9.10 | |
| Low | 6.06 | 6.93 | 8.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 89.4% | 25.4% | 36.2% | |
| Avg | 79.4% | 15.7% | 20.4% | |
| Low | 66.4% | 6.1% | 7.0% |
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.