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NYSE: GLOB
Globant Sa Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for GLOB

Based on 16 analysts offering 12 month price targets for Globant Sa.
Min Forecast
$135.00-30.76%
Avg Forecast
$223.38+14.57%
Max Forecast
$270.00+38.48%

Should I buy or sell GLOB stock?

Based on 16 analysts offering ratings for Globant Sa.
Buy
Strong Buy
9 analysts 56.25%
Buy
2 analysts 12.5%
Hold
4 analysts 25%
Sell
0 analysts 0%
Strong Sell
1 analysts 6.25%

Be the first to know when Wall Street analysts revise their GLOB stock forecasts and price targets.

GLOB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-09-06Find Out Why
lockedlocked$00.00+00.00%2024-08-22
lockedlocked$00.00+00.00%2024-08-21
lockedlocked$00.00+00.00%2024-08-21
lockedlocked$00.00+00.00%2024-08-20
TD Cowen
Top 21%
80
Strong BuyMaintains$230.00+17.97%2024-08-16Find out why
KeyBanc
Top 20%
81
Strong BuyMaintains$235.00+20.53%2024-08-16Find out why
Needham
Top 2%
99
BuyMaintains$245.00+25.66%2024-08-16
Piper Sandler
Bottom 1%
1
Strong BuyReiterates$240.00+23.10%2024-08-16
Citigroup
Top 15%
86
Strong BuyMaintains$220.00+12.84%2024-07-12Find out why

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Forecast return on equity

Is GLOB forecast to generate an efficient return?
Company
17.59%
Industry
37.97%
Market
54.93%
GLOB's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is GLOB forecast to generate an efficient return on assets?
Company
11.95%
Industry
12.51%
GLOB is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

GLOB earnings per share forecast

What is GLOB's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$5.01+27.4%
Avg 2 year Forecast
$5.89+49.96%
Avg 3 year Forecast
$7.24+84.1%
GLOB's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

GLOB revenue forecast

What is GLOB's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$2.4B+5.7%
Avg 2 year Forecast
$2.8B+22.66%
Avg 3 year Forecast
$3.4B+47.44%
GLOB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GLOB earnings growth forecast

How is GLOB forecast to perform vs Information Technology Services companies and vs the US market?
Company
23.75%
Industry
19.02%
Market
18.32%
GLOB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
GLOB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
GLOB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

GLOB revenue growth forecast

How is GLOB forecast to perform vs Information Technology Services companies and vs the US market?
Company
11.83%
Industry
4.27%
Market
8.17%
GLOB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GLOB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GLOB vs Information Technology Service Stocks

TickerPricePrice TargetUp/downsideConsensus
GLOB$194.97$223.38+14.57%Buy
PSN$91.89$96.50+5.02%Strong Buy
G$38.33$38.50+0.44%Hold
SAIC$133.15$148.60+11.60%Buy
CACI$466.73$475.56+1.89%Strong Buy
View Top Information Technology Service Stocks

Globant Sa Stock Forecast FAQ

Is Globant Sa Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 16 Wall Street analysts covering (NYSE: GLOB) stock is to Buy GLOB stock.

Out of 16 analysts, 9 (56.25%) are recommending GLOB as a Strong Buy, 2 (12.5%) are recommending GLOB as a Buy, 4 (25%) are recommending GLOB as a Hold, 0 (0%) are recommending GLOB as a Sell, and 1 (6.25%) are recommending GLOB as a Strong Sell.

If you're new to stock investing, here's how to buy Globant Sa stock.

What is GLOB's earnings growth forecast for 2024-2026?

(NYSE: GLOB) Globant Sa's forecast annual earnings growth rate of 23.75% is forecast to beat the US Information Technology Services industry's average forecast earnings growth rate of 19.02%, and it is also forecast to beat the US market's average forecast earnings growth rate of 18.32%.

Globant Sa's earnings in 2024 is $168,844,000.On average, 9 Wall Street analysts forecast GLOB's earnings for 2024 to be $216,509,735, with the lowest GLOB earnings forecast at $207,138,760, and the highest GLOB earnings forecast at $223,139,040. On average, 9 Wall Street analysts forecast GLOB's earnings for 2025 to be $254,849,865, with the lowest GLOB earnings forecast at $236,544,680, and the highest GLOB earnings forecast at $281,950,880.

In 2026, GLOB is forecast to generate $312,870,340 in earnings, with the lowest earnings forecast at $291,897,000 and the highest earnings forecast at $332,113,920.

What is GLOB's revenue growth forecast for 2024-2026?

(NYSE: GLOB) Globant Sa's forecast annual revenue growth rate of 11.83% is forecast to beat the US Information Technology Services industry's average forecast revenue growth rate of 4.27%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.17%.

Globant Sa's revenue in 2024 is $2,284,526,000.On average, 6 Wall Street analysts forecast GLOB's revenue for 2024 to be $104,427,297,716, with the lowest GLOB revenue forecast at $104,373,242,716, and the highest GLOB revenue forecast at $104,503,017,960. On average, 6 Wall Street analysts forecast GLOB's revenue for 2025 to be $121,182,747,688, with the lowest GLOB revenue forecast at $119,984,802,400, and the highest GLOB revenue forecast at $122,106,353,040.

In 2026, GLOB is forecast to generate $145,663,046,356 in revenue, with the lowest revenue forecast at $141,600,748,240 and the highest revenue forecast at $150,191,168,840.

What is GLOB's forecast return on assets (ROA) for 2024-2026?

(NYSE: GLOB) forecast ROA is 11.95%, which is lower than the forecast US Information Technology Services industry average of 12.51%.

What is GLOB's Price Target?

According to 16 Wall Street analysts that have issued a 1 year GLOB price target, the average GLOB price target is $223.38, with the highest GLOB stock price forecast at $270.00 and the lowest GLOB stock price forecast at $135.00.

On average, Wall Street analysts predict that Globant Sa's share price could reach $223.38 by Sep 6, 2025. The average Globant Sa stock price prediction forecasts a potential upside of 14.57% from the current GLOB share price of $194.97.

What is GLOB's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: GLOB) Globant Sa's current Earnings Per Share (EPS) is $3.93. On average, analysts forecast that GLOB's EPS will be $5.01 for 2024, with the lowest EPS forecast at $4.79, and the highest EPS forecast at $5.16. On average, analysts forecast that GLOB's EPS will be $5.89 for 2025, with the lowest EPS forecast at $5.47, and the highest EPS forecast at $6.52. In 2026, GLOB's EPS is forecast to hit $7.24 (min: $6.75, max: $7.68).

What is GLOB's forecast return on equity (ROE) for 2024-2026?

(NYSE: GLOB) forecast ROE is 17.59%, which is considered weak.
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