Globant
(NYSE:GLOB)
$167.96
-9.77[-5.50%]
Last update: 1:03PM Get Real Time Here
Q1 2024 Earnings were released on Thu May 16th, after the market close
The most recent conference call was at 16:30 PM, 1 day ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$371.00
Lowest Price Target1
$175.00
Consensus Price Target1
$243.70

Globant Stock (NYSE:GLOB), Analyst Ratings, Price Targets, Predictions

Globant SA has a consensus price target of $243.7, established from looking at the 84 latest analyst ratings. The last 3 analyst ratings were released from TD Cowen, Canaccord Genuity, and Scotiabank on May 17, 2024. With an average price target of $195 between TD Cowen, Canaccord Genuity, and Scotiabank, there's an implied 16.10% upside for Globant SA from these 3 analyst ratings.

Analyst Trend
5
1
Feb
1
Mar
2
Apr
6
May
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

TD Cowen
Canaccord Genuity
Scotiabank
Wedbush
Needham

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Globant

Buy NowGet Alert
05/17/2024Buy Now30.98%TD Cowen
Bryan Bergin
$235 → $220MaintainsBuyGet Alert
05/17/2024Buy Now4.19%Canaccord Genuity
Joseph Vafi
$230 → $175MaintainsHoldGet Alert
05/17/2024Buy Now13.12%Scotiabank
Divya Goyal
$200 → $190MaintainsSector PerformGet Alert
05/17/2024Buy Now19.08%Wedbush
Moshe Katri
$250 → $200MaintainsOutperformGet Alert
05/17/2024Buy Now19.08%Needham
Mayank Tandon
$275 → $200MaintainsBuyGet Alert
05/17/2024Buy Now30.98%Keybanc
Thomas Blakey
$272 → $220MaintainsOverweightGet Alert
05/17/2024Buy Now41.7%Piper Sandler
Arvind Ramnani
$290 → $238ReiteratesOverweight → OverweightGet Alert
05/10/2024Buy Now19.08%Scotiabank
Divya Goyal
$230 → $200DowngradeSector Outperform → Sector PerformGet Alert
05/02/2024Buy Now53.01%JP Morgan
Tien-Tsin Huang
$273 → $257MaintainsOverweightGet Alert
04/29/2024Buy Now36.94%Scotiabank
Divya Goyal
$260 → $230MaintainsSector OutperformGet Alert
04/22/2024Buy Now39.91%Citigroup
Ashwin Shirvaikar
$275 → $235MaintainsBuyGet Alert
04/03/2024Buy Now60.75%HSBC
Phani Kanumuri
$275 → $270MaintainsBuyGet Alert
03/19/2024Buy Now48.84%Guggenheim
Jonathan Lee
→ $250Initiates → BuyGet Alert
02/26/2024Buy Now42.89%UBS
Leonardo Olmos
$230 → $240MaintainsNeutralGet Alert
02/20/2024Buy Now66.11%Mizuho
Dan Dolev
$283 → $279ReiteratesBuy → BuyGet Alert
02/20/2024Buy Now36.94%Canaccord Genuity
Joseph Vafi
→ $230ReiteratesHold → HoldGet Alert
02/16/2024Buy Now48.84%Wedbush
Moshe Katri
→ $250ReiteratesOutperform → OutperformGet Alert
02/16/2024Buy Now61.94%Keybanc
Thomas Blakey
$266 → $272MaintainsOverweightGet Alert
02/16/2024Buy Now72.66%Piper Sandler
Arvind Ramnani
$257 → $290MaintainsOverweightGet Alert
02/14/2024Buy Now63.73%JP Morgan
Tien-Tsin Huang
$266 → $275MaintainsOverweightGet Alert
01/30/2024Buy Now68.49%Mizuho
Dan Dolev
→ $283Initiates → BuyGet Alert
01/26/2024Buy Now63.73%Needham
Mayank Tandon
$215 → $275MaintainsBuyGet Alert
01/19/2024Buy Now58.37%Keybanc
Thomas Blakey
$218 → $266MaintainsOverweightGet Alert
01/17/2024Buy Now63.73%Citigroup
Arren Cyganovich
$215 → $275MaintainsBuyGet Alert
12/15/2023Buy Now53.01%Piper Sandler
Arvind Ramnani
$217 → $257MaintainsOverweightGet Alert
12/13/2023Buy Now36.94%UBS
Leonardo Olmos
$210 → $230MaintainsNeutralGet Alert
12/06/2023Buy NowCanaccord Genuity
Joseph Vafi
Initiates → HoldGet Alert
11/17/2023Buy Now48.84%Wedbush
Moshe Katri
→ $250ReiteratesOutperform → OutperformGet Alert
11/17/2023Buy Now28.01%Needham
Mayank Tandon
$205 → $215MaintainsBuyGet Alert
11/17/2023Buy Now29.79%Keybanc
Thomas Blakey
$230 → $218MaintainsOverweightGet Alert

FAQ

Q

What is the target price for Globant (GLOB)?

A

The latest price target for Globant (NYSE: GLOB) was reported by TD Cowen on May 17, 2024. The analyst firm set a price target for $220.00 expecting GLOB to rise to within 12 months (a possible 30.98% upside). 48 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Globant (GLOB)?

A

The latest analyst rating for Globant (NYSE: GLOB) was provided by TD Cowen, and Globant maintained their buy rating.

Q

When was the last upgrade for Globant (GLOB)?

A

The last upgrade for Globant SA happened on September 21, 2021 when Goldman Sachs raised their price target to $395. Goldman Sachs previously had a neutral for Globant SA.

Q

When was the last downgrade for Globant (GLOB)?

A

The last downgrade for Globant SA happened on May 10, 2024 when Scotiabank changed their price target from $230 to $200 for Globant SA.

Q

When is the next analyst rating going to be posted or updated for Globant (GLOB)?

A

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 May 17, 2024 so you should expect the next rating to be made available sometime around May 17, 2025.

Q

Is the Analyst Rating Globant (GLOB) correct?

A

While ratings are subjective and will change, the latest Globant (GLOB) rating was a maintained with a price target of $235.00 to $220.00. The current price Globant (GLOB) is trading at is $167.96, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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