Globant S.A. (GLOB)
NYSE: GLOB · IEX Real-Time Price · USD
180.87
+1.73 (0.96%)
Apr 26, 2024, 10:48 AM EDT - Market open
Globant Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Globant stock have an average target of 250.53, with a low estimate of 202 and a high estimate of 290. The average target predicts an increase of 38.52% from the current stock price of 180.87.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Globant stock from 15 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 5 | 4 | 5 | 6 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 1 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 14 | 13 | 14 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $275 → $235 | Strong Buy | Maintains | $275 → $235 | +29.93% | Apr 22, 2024 |
| HSBC | HSBC | Strong Buy Maintains $275 → $270 | Strong Buy | Maintains | $275 → $270 | +49.28% | Apr 3, 2024 |
| Guggenheim | Guggenheim | Strong Buy Initiates $250 | Strong Buy | Initiates | $250 | +38.22% | Mar 19, 2024 |
| UBS | UBS | Hold Maintains $230 → $240 | Hold | Maintains | $230 → $240 | +32.70% | Feb 26, 2024 |
| Mizuho | Mizuho | Strong Buy Reiterates $283 → $279 | Strong Buy | Reiterates | $283 → $279 | +54.26% | Feb 20, 2024 |
Financial Forecast
Revenue This Year
2.49B
from 2.10B
Increased by 18.90%
Revenue Next Year
2.94B
from 2.49B
Increased by 17.82%
EPS This Year
6.67
from 3.64
Increased by 83.21%
EPS Next Year
8.01
from 6.67
Increased by 20.14%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.6B | 3.1B | 3.9B | 4.5B |
| Avg | 2.5B | 2.9B | 3.6B | 4.4B |
| Low | 2.4B | 2.5B | 3.1B | 4.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 23.9% | 25.8% | 32.7% | 26.7% |
| Avg | 18.9% | 17.8% | 21.2% | 22.4% |
| Low | 13.7% | -1.1% | 5.7% | 17.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.99 | 8.80 | 11.06 | 13.60 |
| Avg | 6.67 | 8.01 | 9.80 | 12.83 |
| Low | 6.35 | 7.28 | 8.51 | 11.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 92.1% | 31.9% | 38.0% | 38.8% |
| Avg | 83.2% | 20.1% | 22.3% | 30.9% |
| Low | 74.5% | 9.2% | 6.2% | 22.0% |
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.