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Globant Likely To Report Lower Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Globant S.A. (NYSE:GLOB) will release earnings results for the third quarter, after the closing bell on Thursday.

Analysts expect the Luxembourg-based company to report quarterly earnings at $1.55 per share, down from $1.63 per share in the year-ago period. The consensus estimate for Globant's quarterly revenue is $615.35 million, compared to $614.67 million a year earlier, according to data from Benzinga Pro.

On Nov. 6, Globant and Riot Games disclosed a partnership to elevate esports player and fan experiences.

Globant shares fell 1.8% to close at $61.77 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Citigroup analyst Bryan Keane initiated coverage on the stock with a Neutral rating and a price target of $67 on Oct. 22, 2025. This analyst has an accuracy rate of 69%.
  • JP Morgan analyst Tien-Tsin Huang downgraded the stock from Overweight to Neutral with a price target of $78 on Aug. 15, 2025. This analyst has an accuracy rate of 61%.
  • Needham analyst Mayank Tandon maintained a Buy rating and cut the price target from $115 to $85 on Aug. 15, 2025. This analyst has an accuracy rate of 65%.
  • Canaccord Genuity analyst Joseph Vafi assumed a Hold rating and cut the price target from $165 to $97 on June 26, 2025. This analyst has an accuracy rate of 78%.
  • Mizuho analyst Dan Dolev maintained an Outperform rating and slashed the price target from $194 to $153 on May 19, 2025. This analyst has an accuracy rate of 67%.

Considering buying GLOB stock? Here’s what analysts think:

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