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Globant - GLOB Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $229.06
  • Forecasted Upside: 6.19%
  • Number of Analysts: 19
  • Breakdown:
  • 1 Sell Ratings
  • 6 Hold Ratings
  • 12 Buy Ratings
  • 0 Strong Buy Ratings
$215.70 As of 11/20/2024 01:00 AM ET
▲ +7.15 (3.43%)

This chart shows the closing price for GLOB by one month, three months, or twelve months.

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Analyst Price Target for GLOB

Analyst Price Target is $229.06
▲ +6.19% Upside Potential
This price target is based on 19 analysts offering 12 month price targets for Globant in the last 3 months. The average price target is $229.06, with a high forecast of $270.00 and a low forecast of $135.00. The average price target represents a 6.19% upside from the last price of $215.70.

This chart shows the closing price for GLOB for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 19 contributing investment analysts is to moderate buy stock in Globant. This rating has held steady since September 2023, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 9 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 11 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
5/24/2024
  • 0 strong buy ratings
  • 12 buy ratings
  • 7 hold ratings
  • 1 sell ratings
Ratings as of
8/22/2024
  • 0 strong buy ratings
  • 13 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
10/21/2024
  • 0 strong buy ratings
  • 12 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 12 buy ratings
  • 6 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/19/2024ScotiabankBoost TargetSector Perform ➝ Sector Perform$210.00 ➝ $220.00
11/18/2024Canaccord Genuity GroupReiterated RatingHold ➝ Hold$205.00 ➝ $205.00
11/15/2024Needham & Company LLCBoost TargetBuy ➝ Buy$245.00 ➝ $265.00
11/15/2024TD CowenBoost TargetBuy ➝ Buy$230.00 ➝ $240.00
11/15/2024Piper SandlerLower TargetOverweight ➝ Overweight$240.00 ➝ $237.00
10/30/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$237.00 ➝ $248.00
10/28/2024CitigroupBoost TargetBuy ➝ Buy$240.00 ➝ $251.00
9/9/2024Jefferies Financial GroupBoost TargetBuy ➝ Buy$235.00 ➝ $240.00
9/6/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$226.00 ➝ $237.00
8/22/2024Deutsche Bank AktiengesellschaftInitiated CoverageHold$210.00
8/21/2024Canaccord Genuity GroupBoost TargetHold ➝ Hold$175.00 ➝ $205.00
8/21/2024ScotiabankBoost TargetSector Perform ➝ Sector Perform$200.00 ➝ $210.00
8/20/2024UBS GroupReiterated RatingBuy ➝ Neutral$225.00 ➝ $235.00
8/16/2024TD CowenBoost TargetBuy ➝ Buy$220.00 ➝ $230.00
8/16/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$218.00 ➝ $226.00
8/16/2024KeyCorpBoost TargetOverweight ➝ Overweight$220.00 ➝ $235.00
8/16/2024Piper SandlerReiterated RatingOverweight ➝ Overweight$238.00 ➝ $240.00
8/16/2024Needham & Company LLCBoost TargetBuy ➝ Buy$200.00 ➝ $245.00
7/29/2024ScotiabankBoost TargetSector Perform ➝ Sector Perform$190.00 ➝ $200.00
7/23/2024Piper SandlerReiterated RatingOverweight ➝ Overweight$238.00 ➝ $238.00
7/12/2024CitigroupBoost TargetBuy ➝ Buy$215.00 ➝ $220.00
6/24/2024The Goldman Sachs GroupInitiated CoverageBuy$200.00
6/13/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$200.00 ➝ $200.00
5/28/2024UBS GroupUpgradeNeutral ➝ Buy$240.00 ➝ $230.00
5/24/2024Redburn AtlanticInitiated CoverageSell$135.00
5/22/2024MizuhoLower TargetBuy ➝ Buy$279.00 ➝ $252.00
5/17/2024CitigroupLower TargetBuy ➝ Buy$235.00 ➝ $215.00
5/17/2024TD CowenLower TargetBuy ➝ Buy$235.00 ➝ $220.00
5/17/2024Canaccord Genuity GroupLower TargetHold ➝ Hold$230.00 ➝ $175.00
5/17/2024WedbushLower TargetOutperform ➝ Outperform$250.00 ➝ $200.00
5/17/2024ScotiabankLower TargetSector Perform ➝ Sector Perform$200.00 ➝ $190.00
5/17/2024Piper SandlerReiterated RatingOverweight ➝ Overweight$290.00 ➝ $238.00
5/17/2024KeyCorpLower TargetOverweight ➝ Overweight$272.00 ➝ $220.00
5/17/2024Needham & Company LLCLower TargetBuy ➝ Buy$275.00 ➝ $200.00
5/10/2024ScotiabankDowngradeSector Outperform ➝ Sector Perform$230.00 ➝ $200.00
5/2/2024JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$273.00 ➝ $257.00
4/29/2024ScotiabankLower TargetSector Outperform ➝ Sector Outperform$260.00 ➝ $230.00
4/22/2024CitigroupLower TargetBuy ➝ Buy$275.00 ➝ $235.00
4/3/2024HSBCLower TargetBuy ➝ Buy$275.00 ➝ $270.00
3/19/2024GuggenheimInitiated CoverageBuy$250.00
2/26/2024UBS GroupBoost TargetNeutral ➝ Neutral$230.00 ➝ $240.00
2/20/2024MizuhoReiterated RatingBuy ➝ Buy$283.00 ➝ $279.00
2/20/2024Canaccord Genuity GroupReiterated RatingHold ➝ Hold$230.00
2/16/2024WedbushReiterated RatingOutperform ➝ Outperform$250.00
2/16/2024KeyCorpBoost TargetOverweight ➝ Overweight$266.00 ➝ $272.00
2/16/2024Piper SandlerBoost TargetOverweight ➝ Overweight$257.00 ➝ $290.00
2/14/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$266.00 ➝ $275.00
1/30/2024MizuhoInitiated CoverageBuy$283.00
1/26/2024Needham & Company LLCBoost TargetBuy ➝ Buy$215.00 ➝ $275.00
1/19/2024KeyCorpBoost TargetOverweight ➝ Overweight$218.00 ➝ $266.00
1/17/2024CitigroupBoost TargetBuy ➝ Buy$215.00 ➝ $275.00
12/15/2023Piper SandlerBoost TargetOverweight ➝ Overweight$217.00 ➝ $257.00
12/13/2023UBS GroupBoost TargetNeutral ➝ Neutral$210.00 ➝ $230.00
12/6/2023Canaccord Genuity GroupInitiated CoverageHold
12/6/2023Canaccord Genuity GroupInitiated CoverageHold$230.00
12/5/2023Itau BBA SecuritiesDowngradeOutperform ➝ Market Perform
11/17/2023WedbushReiterated RatingOutperform ➝ Outperform$250.00
11/17/2023Piper SandlerBoost TargetOverweight ➝ Overweight$212.00 ➝ $217.00
11/17/2023KeyCorpLower TargetOverweight ➝ Overweight$230.00 ➝ $218.00
11/17/2023Needham & Company LLCBoost TargetBuy ➝ Buy$205.00 ➝ $215.00
11/10/2023Piper SandlerLower TargetOverweight ➝ Overweight$230.00 ➝ $212.00
11/10/2023Piper Sandler CompaniesLower TargetOverweight$230.00 ➝ $212.00
10/11/2023Bank of AmericaInitiated CoverageNeutral$202.00
10/6/2023Piper SandlerBoost TargetOverweight ➝ Overweight$209.00 ➝ $230.00
9/19/2023WedbushReiterated RatingOutperform ➝ Outperform$250.00
9/6/2023WedbushBoost TargetOutperform ➝ Outperform$180.00 ➝ $250.00
8/23/2023ScotiabankInitiated CoverageSector Outperform$210.00
8/22/2023JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$194.00 ➝ $236.00
8/18/2023TD CowenLower TargetOutperform ➝ Outperform$207.00 ➝ $205.00
8/18/2023WedbushReiterated RatingOutperform ➝ Outperform$180.00
8/18/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$205.00
8/18/2023Piper SandlerBoost TargetOverweight ➝ Overweight$207.00 ➝ $209.00
8/8/2023Piper SandlerReiterated RatingOverweight ➝ Overweight$207.00
7/25/2023CitigroupBoost Target$185.00 ➝ $215.00
7/24/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$205.00
7/21/2023KeyCorpBoost TargetOverweight$201.00 ➝ $230.00
7/17/2023HSBCBoost Target$235.00 ➝ $240.00
6/20/2023Jefferies Financial GroupBoost Target$198.00 ➝ $227.00
5/19/2023Piper SandlerBoost Target$204.00 ➝ $207.00
5/19/2023KeyCorpLower Target$211.00 ➝ $201.00
4/13/2023Piper SandlerReiterated RatingOverweight$204.00
4/12/2023Needham & Company LLCInitiated CoverageBuy$205.00
2/17/2023Piper SandlerBoost TargetOverweight$198.00 ➝ $204.00
2/17/2023CowenLower Target$207.00 ➝ $192.00
2/14/2023JPMorgan Chase & Co.Lower TargetOverweight$224.00 ➝ $221.00
2/2/2023HSBCInitiated CoverageBuy$240.00
1/30/2023Piper SandlerLower TargetOverweight$204.00 ➝ $198.00
1/6/2023Piper SandlerLower TargetOverweight$219.00 ➝ $204.00
12/15/2022JPMorgan Chase & Co.Boost Target$223.00 ➝ $224.00
11/21/2022CitigroupLower TargetBuy$270.00 ➝ $225.00
11/18/2022CowenLower TargetOutperform$210.00 ➝ $207.00
11/18/2022CowenLower TargetOutperform$210.00 ➝ $207.00
11/18/2022KeyCorpLower TargetOverweight$291.00 ➝ $232.00
10/21/2022Piper SandlerLower TargetOverweight$249.00 ➝ $219.00
10/19/2022CowenLower TargetOutperform$248.00 ➝ $210.00
10/19/2022CowenLower TargetOutperform$248.00 ➝ $210.00
10/14/2022JPMorgan Chase & Co.Lower Target$303.00 ➝ $240.00
9/29/2022The Goldman Sachs GroupLower TargetBuy$290.00 ➝ $250.00
9/12/2022KeyCorpInitiated CoverageOverweight$291.00
8/19/2022CowenBoost TargetOutperform$220.00 ➝ $248.00
8/19/2022CowenBoost TargetOutperform$220.00 ➝ $248.00
8/19/2022Piper SandlerBoost TargetOverweight$231.00 ➝ $249.00
7/18/2022Piper SandlerBoost TargetOverweight$223.00 ➝ $231.00
7/5/2022The Goldman Sachs GroupLower TargetBuy$360.00 ➝ $280.00
5/20/2022WedbushLower Target$300.00
5/20/2022CowenLower TargetOutperform$305.00 ➝ $240.00
5/20/2022CowenLower Target$305.00 ➝ $240.00
5/20/2022CitigroupLower TargetBuy$350.00 ➝ $265.00
5/20/2022Piper SandlerLower TargetOverweight$339.00 ➝ $223.00
2/18/2022CowenBoost Target$300.00 ➝ $305.00
2/18/2022Piper SandlerLower TargetOverweight$352.00 ➝ $339.00
11/19/2021William BlairReiterated RatingOutperform
11/19/2021WedbushBoost TargetOutperform$300.00 ➝ $330.00
11/19/2021CitigroupBoost TargetBuy$310.00 ➝ $370.00
11/19/2021Piper SandlerBoost TargetOverweight$300.00 ➝ $352.00
9/21/2021The Goldman Sachs GroupUpgradeNeutral ➝ Buy$235.00 ➝ $395.00
8/26/2021Jefferies Financial GroupBoost TargetBuy$290.00 ➝ $371.00
8/17/2021JPMorgan Chase & Co.Boost TargetOverweight$284.00 ➝ $340.00
8/13/2021Piper SandlerBoost TargetOverweight$280.00 ➝ $300.00
8/13/2021CowenBoost TargetNeutral ➝ Outperform$260.00 ➝ $290.00
8/3/2021Jefferies Financial GroupUpgradeHold ➝ Buy$235.00 ➝ $290.00
7/28/2021Piper SandlerUpgradeNeutral ➝ Overweight$221.00 ➝ $280.00
7/16/2021CowenBoost TargetOutperform$245.00 ➝ $260.00
7/14/2021CitigroupBoost TargetBuy$243.00 ➝ $260.00
5/14/2021CitigroupUpgradeNeutral ➝ Buy$240.00 ➝ $243.00
5/14/2021Piper SandlerLower TargetNeutral$234.00 ➝ $221.00
3/10/2021Grupo SantanderInitiated CoverageBuy$230.00
2/19/2021CitigroupBoost Target$220.00 ➝ $240.00
2/19/2021WedbushBoost TargetOutperform$215.00 ➝ $240.00
2/19/2021JPMorgan Chase & Co.Boost TargetOverweight$203.00 ➝ $236.00
2/19/2021Piper SandlerBoost TargetNeutral$222.00 ➝ $234.00
1/14/2021Piper SandlerDowngradeOverweight ➝ Neutral$205.00 ➝ $222.00
1/11/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$190.00 ➝ $210.00
12/4/2020Jefferies Financial GroupInitiated CoverageHold
9/21/2020Itau BBA SecuritiesUpgradeMarket Perform ➝ Outperform$220.00
8/17/2020JPMorgan Chase & Co.Boost TargetAverage ➝ Overweight$179.00 ➝ $194.00
8/14/2020Piper SandlerBoost TargetPositive ➝ Overweight$181.00 ➝ $193.00
7/28/2020Piper SandlerBoost TargetOverweight$152.00 ➝ $181.00
7/17/2020CowenBoost TargetOutperform$128.00 ➝ $165.00
7/17/2020CitigroupBoost TargetNeutral$121.00 ➝ $162.00
7/3/2020The Goldman Sachs GroupBoost TargetBuy$147.00 ➝ $167.00
5/21/2020Piper SandlerInitiated CoverageOverweight$152.00
5/15/2020CitigroupBoost TargetIn-Line ➝ Neutral$110.00 ➝ $121.00
5/12/2020Itau BBA SecuritiesDowngradeOutperform ➝ Market Perform
4/29/2020The Goldman Sachs GroupLower TargetBuy$165.00 ➝ $130.00
4/16/2020WedbushLower TargetOutperform$150.00 ➝ $120.00
2/21/2020KeyCorpBoost TargetOverweight$121.00 ➝ $144.00
2/21/2020CitigroupBoost TargetNeutral$125.00 ➝ $128.00
2/21/2020Cantor FitzgeraldBoost TargetNeutral$97.00 ➝ $120.00
2/21/2020CowenReiterated RatingOutperform$125.00 ➝ $140.00
2/20/2020WedbushBoost TargetOutperform$115.00 ➝ $150.00
2/18/2020JPMorgan Chase & Co.Boost TargetOverweight$119.00 ➝ $129.00
1/15/2020CitigroupBoost TargetNeutral$113.00 ➝ $125.00
1/13/2020KeyCorpBoost TargetOverweight$114.00 ➝ $121.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.64 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 17 very positive mentions
  • 13 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024
  • 13 very positive mentions
  • 23 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
5/24/2024
  • 17 very positive mentions
  • 10 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 10 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 15 very positive mentions
  • 28 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 22 very positive mentions
  • 13 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 18 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 23 very positive mentions
  • 34 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024

Current Sentiment

  • 23 very positive mentions
  • 34 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Globant logo
Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions. Further, the company provides e-commerce, conversational interfaces, design, digital marketing, and digital product delivery services. Additionally, it operates Augoor, an AI-powered platform; MagnifAI, an AI-powered solution for software quality assurance; StarMeUp, a science-based AI platform; WaaSabi, a finance platform; Walmeric, a lead-to-revenue management platform; GeneXus, a suit of AI development tools; Navigate for process optimization powerhouse; BeHealthy, a white-label platform; and FluentLab, an AI conversational and engagement solution. The company offers its services to various industries, including media and entertainment, professional services, technology and telecommunications, travel and hospitality, banks, financial services and insurance, consumer, retail and manufacturing, health care, and others. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant S.A. was founded in 2003 and is based in Luxembourg, Luxembourg.
Read More

Today's Range

Now: $215.70
Low: $207.81
High: $216.00

50 Day Range

MA: $209.32
Low: $189.06
High: $236.80

52 Week Range

Now: $215.70
Low: $151.68
High: $251.50

Volume

525,005 shs

Average Volume

486,771 shs

Market Capitalization

$9.29 billion

P/E Ratio

56.32

Dividend Yield

N/A

Beta

1.39

Frequently Asked Questions

What sell-side analysts currently cover shares of Globant?

The following Wall Street analysts have issued stock ratings on Globant in the last twelve months: Canaccord Genuity Group Inc., Citigroup Inc., Deutsche Bank Aktiengesellschaft, Guggenheim, HSBC Holdings plc, Itau BBA Securities, Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, Mizuho, Needham & Company LLC, Piper Sandler, Redburn Atlantic, Scotiabank, StockNews.com, TD Cowen, The Goldman Sachs Group, Inc., TheStreet, UBS Group AG, and Wedbush.
View the latest analyst ratings for GLOB.

What is the current price target for Globant?

0 Wall Street analysts have set twelve-month price targets for Globant in the last year. Their average twelve-month price target is $229.06, suggesting a possible upside of 6.2%. HSBC Holdings plc has the highest price target set, predicting GLOB will reach $270.00 in the next twelve months. Redburn Atlantic has the lowest price target set, forecasting a price of $135.00 for Globant in the next year.
View the latest price targets for GLOB.

What is the current consensus analyst rating for Globant?

Globant currently has 1 sell rating, 6 hold ratings and 12 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for GLOB.

What other companies compete with Globant?

Other companies that are similar to Globant include IQVIA, Corpay, CGI, Reddit and Grab. Learn More about companies similar to Globant.

How do I contact Globant's investor relations team?

Globant's physical mailing address is 37A AVENUE J.F. KENNEDY, Luxembourg N4, L-1855. The information technology services provider's listed phone number is (522) 030-1596 and its investor relations email address is [email protected]. The official website for Globant is www.globant.com. Learn More about contacing Globant investor relations.