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

OverviewForecast
EarningsDividendOwnership

Analyst price target for GLOB

Based on 8 analysts offering 12 month price targets for Globant Sa.
Min Forecast
$202.00-10.82%
Avg Forecast
$219.13-3.26%
Max Forecast
$250.00+10.38%

Should I buy or sell GLOB stock?

Based on 8 analysts offering ratings for Globant Sa.
Strong Buy
Strong Buy
3 analysts 37.5%
Buy
4 analysts 50%
Hold
1 analysts 12.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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%2023-11-17
lockedlocked$00.00+00.00%2023-11-17
lockedlocked$00.00+00.00%2023-11-17
lockedlocked$00.00+00.00%2023-11-17
lockedlocked$00.00+00.00%2023-10-11
ScotiaBank
Top 38%
63
BuyInitiates Coverage On$210.00-7.28%2023-08-24
JP Morgan
Top 35%
66
Strong BuyMaintains$236.00+4.19%2023-08-22
TD Cowen
Top 15%
86
BuyMaintains$205.00-9.49%2023-08-18

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Forecast return on equity

Is GLOB forecast to generate an efficient return?
Company
19.9%
Industry
14.19%
Market
39.25%
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
14.14%
Industry
5.13%
GLOB is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

GLOB revenue forecast

What is GLOB's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$2.1B+4.43%
Avg 2 year Forecast
$2.5B+23.24%
Avg 3 year Forecast
$3.0B+50.65%
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
32.64%
Industry
19.38%
Market
21.1%
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
12.22%
Industry
2.91%
Market
6.53%
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$226.50$219.13-3.26%Strong Buy
JKHY$160.79$165.90+3.18%Buy
CACI$324.52$383.50+18.17%Strong Buy
PSN$63.48$72.20+13.74%Strong Buy
SAIC$119.92$115.00-4.10%Hold
View Top Information Technology Service Stocks

Globant Sa Stock Forecast FAQ

Is Globant Sa Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: GLOB) stock is to Strong Buy GLOB stock.

Out of 8 analysts, 3 (37.5%) are recommending GLOB as a Strong Buy, 4 (50%) are recommending GLOB as a Buy, 1 (12.5%) are recommending GLOB as a Hold, 0 (0%) are recommending GLOB as a Sell, and 0 (0%) 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 revenue growth forecast for 2023-2025?

(NYSE: GLOB) Globant Sa's forecast annual revenue growth rate of 12.22% is forecast to beat the US Information Technology Services industry's average forecast revenue growth rate of 2.91%, and it is also forecast to beat the US market's average forecast revenue growth rate of 6.53%.

Globant Sa's revenue in 2023 is $2,005,958,000.On average, 7 Wall Street analysts forecast GLOB's revenue for 2023 to be $89,443,295,352, with the lowest GLOB revenue forecast at $89,417,805,840, and the highest GLOB revenue forecast at $89,520,703,200. On average, 7 Wall Street analysts forecast GLOB's revenue for 2024 to be $105,548,995,080, with the lowest GLOB revenue forecast at $98,358,775,200, and the highest GLOB revenue forecast at $109,993,862,160.

In 2025, GLOB is forecast to generate $129,026,628,864 in revenue, with the lowest revenue forecast at $121,073,047,200 and the highest revenue forecast at $138,154,435,920.

What is GLOB's forecast return on assets (ROA) for 2023-2025?

(NYSE: GLOB) forecast ROA is 14.14%, which is higher than the forecast US Information Technology Services industry average of 5.13%.

What is GLOB's Price Target?

According to 8 Wall Street analysts that have issued a 1 year GLOB price target, the average GLOB price target is $219.13, with the highest GLOB stock price forecast at $250.00 and the lowest GLOB stock price forecast at $202.00.

On average, Wall Street analysts predict that Globant Sa's share price could fall to $219.13 by Nov 17, 2024. The average Globant Sa stock price prediction forecasts a potential downside of 3.26% from the current GLOB share price of $226.50.

What is GLOB's forecast return on equity (ROE) for 2023-2025?

(NYSE: GLOB) forecast ROE is 19.9%, which is considered weak.
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