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Globant SA has a consensus price target of $236.95 based on the ratings of 22 analysts. The high is $371 issued by Jefferies on August 26, 2021. The low is $135 issued by Redburn Atlantic on May 24, 2024. The 3 most-recent analyst ratings were released by UBS, TD Cowen, and JP Morgan on August 20, 2024, August 16, 2024, and August 16, 2024, respectively. With an average price target of $230.33 between UBS, TD Cowen, and JP Morgan, there's an implied 15.17% 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 UBS on August 20, 2024. The analyst firm set a price target for $235.00 expecting GLOB to rise to within 12 months (a possible 17.50% upside). 53 analyst firms have reported ratings in the last year.
The latest analyst rating for Globant (NYSE:GLOB) was provided by UBS, and Globant downgraded their neutral 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 August 20, 2024 so you should expect the next rating to be made available sometime around August 20, 2025.
While ratings are subjective and will change, the latest Globant (GLOB) rating was a downgraded with a price target of $225.00 to $235.00. The current price Globant (GLOB) is trading at is $200.00, which is out of the analyst’s predicted range.
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