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NYSE: GLOB
GLOBANT SA Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for GLOB

Based on 7 analysts offering 12 month price targets for GLOBANT SA.
Min Forecast
$223.00+21.19%
Avg Forecast
$309.14+68%
Max Forecast
$395.00+114.66%

Should I buy or sell GLOB stock?

Based on 7 analysts offering ratings for GLOBANT SA.
Strong Buy
Strong Buy
5 analysts 71.43%
Buy
2 analysts 28.57%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

GLOB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Cowen & Co.
Top 17%
84
BuyMaintains$240.00+30.43%2022-05-20
Citigroup
Top 14%
87
Strong BuyMaintains$265.00+44.01%2022-05-20
Piper Sandler
Bottom 1%
1
Strong BuyMaintains$223.00+21.19%2022-05-20
Anonymous
Citigroup
Strong BuyMaintains$370.00+101.08%2021-11-19
Wedbush
Top 12%
89
BuyMaintains$330.00+79.34%2021-11-19
Goldman Sachs
Bottom 13%
13
Strong BuyUpgrades$395.00+114.66%2021-09-21
Jefferies
Top 50%
51
Strong BuyMaintains$371.00+101.62%2021-08-26
JP Morgan
Bottom 6%
6
Strong BuyMaintains$340.00+84.77%2021-08-17

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Forecast return on equity

Is GLOB forecast to generate an efficient return?
Company
20.95%
Industry
10.65%
Market
38.98%
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
15.15%
Industry
3.96%
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 5 analysts?
Avg 1 year Forecast
$3.99+48.88%
Avg 2 year Forecast
$5.13+91.42%
Avg 3 year Forecast
$6.76+152.24%
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 4 analysts?
Avg 1 year Forecast
$1.8B+24.07%
Avg 2 year Forecast
$2.2B+53.27%
Avg 3 year Forecast
$2.8B+96.23%
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 Software - Application companies and vs the US market?
Company
39.85%
Industry
16.14%
Market
16.32%
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 Software - Application companies and vs the US market?
Company
25.1%
Industry
17.92%
Market
8.09%
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 App Stocks

TickerPricePrice TargetUp/downsideConsensus
GLOB$184.01$309.14+68.00%Strong Buy
XM$13.95$39.90+186.02%Strong Buy
MANH$114.37$161.67+41.35%Strong Buy
CDAY$53.79$70.29+30.67%Hold
DIDI$1.48$15.60+954.05%Buy
View Top App Stocks

GLOBANT SA Stock Forecast FAQ

Is GLOBANT SA Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: GLOB) stock is to Strong Buy GLOB stock.

Out of 7 analysts, 5 (71.43%) are recommending GLOB as a Strong Buy, 2 (28.57%) are recommending GLOB as a Buy, 0 (0%) are recommending GLOB as a Hold, 0 (0%) are recommending GLOB as a Sell, and 0 (0%) are recommending GLOB as a Strong Sell.

What is GLOB's earnings growth forecast for 2022-2024?

(NYSE: GLOB) GLOBANT SA's forecast annual earnings growth rate of 39.85% is forecast to beat the US Software - Application industry's average forecast earnings growth rate of 16.14%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 16.32%.

GLOBANT SA's earnings in 2022 is $111,021,000.On average, 5 Wall Street analysts forecast GLOB's earnings for 2022 to be $166,574,520, with the lowest GLOB earnings forecast at $162,399,720, and the highest GLOB earnings forecast at $169,496,880. On average, 4 Wall Street analysts forecast GLOB's earnings for 2023 to be $214,167,240, with the lowest GLOB earnings forecast at $211,244,880, and the highest GLOB earnings forecast at $216,672,120.

In 2024, GLOB is forecast to generate $282,216,480 in earnings, with the lowest earnings forecast at $282,216,480 and the highest earnings forecast at $282,216,480.

What is GLOB's revenue growth forecast for 2022-2024?

(NYSE: GLOB) GLOBANT SA's forecast annual revenue growth rate of 25.1% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 17.92%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.09%.

GLOBANT SA's revenue in 2022 is $1,428,286,000.On average, 4 Wall Street analysts forecast GLOB's revenue for 2022 to be $73,978,750,188, with the lowest GLOB revenue forecast at $73,810,464,000, and the highest GLOB revenue forecast at $74,175,925,992. On average, 6 Wall Street analysts forecast GLOB's revenue for 2023 to be $91,393,719,648, with the lowest GLOB revenue forecast at $86,024,258,880, and the highest GLOB revenue forecast at $95,160,391,200.

In 2024, GLOB is forecast to generate $117,006,284,640 in revenue, with the lowest revenue forecast at $113,156,284,080 and the highest revenue forecast at $120,856,285,200.

What is GLOB's forecast return on assets (ROA) for 2022-2024?

(NYSE: GLOB) forecast ROA is 15.15%, which is higher than the forecast US Software - Application industry average of 3.96%.

What is GLOB's Price Target?

According to 7 Wall Street analysts that have issued a 1 year GLOB price target, the average GLOB price target is $309.14, with the highest GLOB stock price forecast at $395.00 and the lowest GLOB stock price forecast at $223.00.

On average, Wall Street analysts predict that GLOBANT SA's share price could reach $309.14 by May 20, 2023. The average GLOBANT SA stock price prediction forecasts a potential upside of 68% from the current GLOB share price of $184.01.

What is GLOB's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: GLOB) GLOBANT SA's current Earnings Per Share (EPS) is $2.68. On average, analysts forecast that GLOB's EPS will be $3.99 for 2022, with the lowest EPS forecast at $3.89, and the highest EPS forecast at $4.06. On average, analysts forecast that GLOB's EPS will be $5.13 for 2023, with the lowest EPS forecast at $5.06, and the highest EPS forecast at $5.19. In 2024, GLOB's EPS is forecast to hit $6.76 (min: $6.76, max: $6.76).

What is GLOB's forecast return on equity (ROE) for 2022-2024?

(NYSE: GLOB) forecast ROE is 20.95%, which is considered strong.
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