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Globant SA (GLOB)
NYSE:GLOB

Globant SA (GLOB) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

GLOB Analyst Ratings

Moderate Buy
10Ratings
7 Buy
3 Hold
0 Sell
Based on 10 analysts giving stock ratings to
Globant
SA
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

GLOB Stock 12 Month Forecast

Average Price Target

$247.78
▲(39.41% Upside)
Based on 10 Wall Street analysts offering 12 month price targets for Globant SA in the last 3 months. The average price target is $247.78 with a high forecast of $290.00 and a low forecast of $200.00. The average price target represents a 39.41% change from the last price of $177.73.
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Highest Price Target$290.00Average Price Target$247.78Lowest Price Target$200.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Canaccord Genuity
$230.00
Hold
29.41%
Upside
Reiterated
02/16/24
Analysts Offer Insights on Technology Companies: Globant SA (NYSE: GLOB), Workday (NASDAQ: WDAY) and CDW (NASDAQ: CDW)
Wedbush
$250.00
Buy
40.66%
Upside
Reiterated
02/16/24
Wedbush Sticks to Their Buy Rating for Globant SA (GLOB)
Needham
$275.00
Buy
54.73%
Upside
Reiterated
02/16/24
Analysts' Opinions Are Mixed on These Technology Stocks: SunPower (NASDAQ: SPWR) and Globant SA (NYSE: GLOB)
TD Cowen
$262.00
Buy
47.41%
Upside
Reiterated
02/15/24
Analysts Offer Insights on Technology Companies: Zebra Tech (NASDAQ: ZBRA) and Globant SA (NYSE: GLOB)
J.P. Morgan
$275.00
Buy
54.73%
Upside
Reiterated
02/14/24
Globant price target raised to $275 from $266 at JPMorganGlobant price target raised to $275 from $266 at JPMorgan

Best Analysts Covering Globant SA

Which Analyst Should I Follow If I Want to Buy GLOB and Sell After:
1 Month
Arvind RamnaniPiper Sandler
Success Rate
16/27 ratings generated profit
59%
Average Return
+4.80%
reiterated a buy rating 3 days ago
Copying Arvind Ramnani's trades and holding each position for 1 Month would result in 59.26% of your transactions generating a profit, with an average return of +4.80% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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3 Months
Success Rate
8/13 ratings generated profit
62%
Average Return
+9.52%
reiterated a buy rating 3 months ago
Copying Moshe Katri's trades and holding each position for 3 Months would result in 61.54% of your transactions generating a profit, with an average return of +9.52% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
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1 Year
Success Rate
9/13 ratings generated profit
69%
Average Return
+39.58%
reiterated a buy rating 3 months ago
Copying Moshe Katri's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +39.58% per trade.
2 Years
Success Rate
9/13 ratings generated profit
69%
Average Return
+74.03%
reiterated a buy rating 3 months ago
Copying Moshe Katri's trades and holding each position for 2 Years would result in 69.23% of your transactions generating a profit, with an average return of +74.03% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

GLOB Analyst Recommendation Trends

Rating
Jan 24
Feb 24
Mar 24
Apr 24
May 24
Strong Buy
0
0
0
0
1
Buy
21
26
23
18
7
Hold
4
5
3
3
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
25
31
26
21
10
In the current month, GLOB has received 8 Buy Ratings, 2 Hold Ratings, and 0 Sell Ratings. GLOB average Analyst price target in the past 3 months is $247.78.
Each month's total comprises the sum of three months' worth of ratings.
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GLOB Financial Forecast

GLOB Earnings Forecast

Next quarter’s earnings estimate for GLOB is $1.57 with a range of $1.53 to $1.60. The previous quarter’s EPS was $1.53. GLOB beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 67.22% of the time in the same period. In the last calendar year GLOB has Outperformed its overall industry.
Next quarter’s earnings estimate for GLOB is $1.57 with a range of $1.53 to $1.60. The previous quarter’s EPS was $1.53. GLOB beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 67.22% of the time in the same period. In the last calendar year GLOB has Outperformed its overall industry.

GLOB Sales Forecast

Next quarter’s sales forecast for GLOB is $590.20M with a range of $579.62M to $595.00M. The previous quarter’s sales results were ―. GLOB beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 65.53% of the time in the same period. In the last calendar year GLOB has Outperformed its overall industry.
Next quarter’s sales forecast for GLOB is $590.20M with a range of $579.62M to $595.00M. The previous quarter’s sales results were ―. GLOB beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 65.53% of the time in the same period. In the last calendar year GLOB has Outperformed its overall industry.

GLOB Stock Forecast FAQ

What is GLOB’s average 12-month price target, according to analysts?
Based on analyst ratings, Globant SA’s 12-month average price target is $247.78.
    What is GLOB’s upside potential, based on the analysts’ average price target?
    Globant SA has 39.41% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is GLOB a Buy, Sell or Hold?
          Globant SA has a conensus rating of Moderate Buy which is based on 7 buy ratings, 3 hold ratings and 0 sell ratings.
            What is Globant SA’s price target?
            The average price target for Globant SA is $247.78. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $290.00 ,the lowest forecast is $200.00. The average price target represents 39.41% Increase from the current price of $177.73.
              What do analysts say about Globant SA?
              Globant SA’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 10 Wall Streets Analysts.
                How can I buy shares of GLOB?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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