Globant S.A. (GLOB)
NYSE: GLOB · IEX Real-Time Price · USD
194.35
-2.38 (-1.21%)
At close: Jul 19, 2024, 4:00 PM
195.00
+0.65 (0.33%)
Pre-market: Jul 22, 2024, 6:47 AM EDT
Globant Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Globant stock have an average target of 219.65, with a low estimate of 135 and a high estimate of 275. The average target predicts an increase of 13.02% from the current stock price of 194.35.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Globant stock from 17 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 6 | 8 | 9 | 9 |
| Buy | 6 | 6 | 6 | 4 | 4 | 4 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Total | 13 | 14 | 15 | 16 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $215 → $220 | Strong Buy | Maintains | $215 → $220 | +13.20% | Jul 12, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $200 | Strong Buy | Initiates | $200 | +2.91% | Jun 24, 2024 |
| Needham | Needham | Strong Buy Reiterates $200 | Strong Buy | Reiterates | $200 | +2.91% | Jun 13, 2024 |
| UBS | UBS | Hold → Strong Buy Upgrades $240 → $230 | Hold → Strong Buy | Upgrades | $240 → $230 | +18.34% | May 28, 2024 |
| Redburn Atlantic | Redburn Atlantic | Strong Sell Initiates $135 | Strong Sell | Initiates | $135 | -30.54% | May 24, 2024 |
Financial Forecast
Revenue This Year
2.48B
from 2.10B
Increased by 18.18%
Revenue Next Year
2.89B
from 2.48B
Increased by 16.47%
EPS This Year
6.50
from 3.64
Increased by 78.62%
EPS Next Year
7.68
from 6.50
Increased by 18.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.6B | 3.1B | 3.7B | 4.4B |
| Avg | 2.5B | 2.9B | 3.5B | 4.2B |
| Low | 2.4B | 2.5B | 2.9B | 4.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 23.9% | 25.6% | 29.4% | 26.4% |
| Avg | 18.2% | 16.5% | 19.8% | 22.7% |
| Low | 12.7% | -0.5% | 1.9% | 17.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.00 | 8.48 | 10.58 | 12.26 |
| Avg | 6.50 | 7.68 | 9.29 | 11.91 |
| Low | 6.08 | 6.77 | 7.56 | 11.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 92.4% | 30.5% | 37.8% | 32.1% |
| Avg | 78.6% | 18.1% | 20.9% | 28.3% |
| Low | 66.9% | 4.2% | -1.6% | 23.3% |
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.