Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Globant SA has a consensus price target of $229.22 based on the ratings of 23 analysts. The high is $275 issued by Citigroup on January 17, 2024. The low is $135 issued by Redburn Atlantic on May 24, 2024. The 3 most-recent analyst ratings were released by Scotiabank, Canaccord Genuity, and Needham on November 19, 2024, November 18, 2024, and November 15, 2024, respectively. With an average price target of $230 between Scotiabank, Canaccord Genuity, and Needham, there's an implied 0.33% upside for Globant SA from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Globant (NYSE:GLOB) was reported by Scotiabank on November 19, 2024. The analyst firm set a price target for $220.00 expecting GLOB to fall to within 12 months (a possible -4.03% downside). 54 analyst firms have reported ratings in the last year.
The latest analyst rating for Globant (NYSE:GLOB) was provided by Scotiabank, and Globant maintained their sector perform rating.
The last upgrade for Globant SA happened on May 28, 2024 when UBS raised their price target to $230. UBS previously had a neutral for Globant SA.
The last downgrade for Globant SA happened on August 20, 2024 when UBS changed their price target from $225 to $235 for Globant SA.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Globant, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Globant was filed on November 19, 2024 so you should expect the next rating to be made available sometime around November 19, 2025.
While ratings are subjective and will change, the latest Globant (GLOB) rating was a maintained with a price target of $210.00 to $220.00. The current price Globant (GLOB) is trading at is $229.25, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.