Globant S.A. (NYSE:GLOB – Free Report) – William Blair decreased their Q4 2025 earnings estimates for shares of Globant in a research report issued to clients and investors on Tuesday, January 28th. William Blair analyst M. Nolan now expects that the information technology services provider will earn $1.51 per share for the quarter, down from their prior forecast of $1.52. The consensus estimate for Globant’s current full-year earnings is $4.98 per share.
A number of other brokerages also recently weighed in on GLOB. Susquehanna began coverage on Globant in a report on Tuesday, December 17th. They issued a “positive” rating and a $255.00 target price on the stock. Jefferies Financial Group boosted their price target on Globant from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. StockNews.com upgraded shares of Globant from a “sell” rating to a “hold” rating in a report on Sunday, November 24th. Piper Sandler lowered their price objective on shares of Globant from $240.00 to $237.00 and set an “overweight” rating on the stock in a research note on Friday, November 15th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $265.00 price objective on shares of Globant in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $231.28.
Globant Stock Performance
Shares of GLOB opened at $208.34 on Wednesday. The stock’s fifty day moving average is $218.35 and its 200-day moving average is $208.39. The firm has a market capitalization of $8.98 billion, a price-to-earnings ratio of 54.40, a price-to-earnings-growth ratio of 2.26 and a beta of 1.38. Globant has a one year low of $151.68 and a one year high of $251.50.
Institutional Trading of Globant
Institutional investors have recently modified their holdings of the stock. Equitable Trust Co. grew its holdings in shares of Globant by 1.1% during the third quarter. Equitable Trust Co. now owns 4,550 shares of the information technology services provider’s stock worth $902,000 after purchasing an additional 50 shares during the last quarter. M&T Bank Corp boosted its position in Globant by 3.8% during the 3rd quarter. M&T Bank Corp now owns 1,641 shares of the information technology services provider’s stock worth $326,000 after buying an additional 60 shares during the period. Franklin Resources Inc. grew its holdings in Globant by 0.6% during the 3rd quarter. Franklin Resources Inc. now owns 12,800 shares of the information technology services provider’s stock worth $2,704,000 after acquiring an additional 71 shares during the last quarter. ORG Partners LLC grew its holdings in Globant by 65.5% during the 3rd quarter. ORG Partners LLC now owns 192 shares of the information technology services provider’s stock worth $38,000 after acquiring an additional 76 shares during the last quarter. Finally, Signaturefd LLC increased its holdings in Globant by 46.0% in the third quarter. Signaturefd LLC now owns 292 shares of the information technology services provider’s stock valued at $58,000 after purchasing an additional 92 shares during the period. 91.60% of the stock is currently owned by institutional investors.
About Globant
Globant SA, 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.
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