William Blair Has Pessimistic View of Globant Q4 Earnings

Globant S.A. (NYSE:GLOB - Free Report) - Investment analysts at William Blair cut their Q4 2025 earnings per share estimates for shares of Globant in a report issued on Tuesday, January 28th. William Blair analyst M. Nolan now forecasts that the information technology services provider will post earnings of $1.51 per share for the quarter, down from their prior estimate of $1.52. The consensus estimate for Globant's current full-year earnings is $4.98 per share.

Several other analysts also recently issued reports on the stock. Needham & Company LLC reaffirmed a "buy" rating and issued a $265.00 price target on shares of Globant in a report on Friday, January 24th. Citigroup increased their target price on Globant from $240.00 to $251.00 and gave the company a "buy" rating in a report on Monday, October 28th. Susquehanna initiated coverage on Globant in a research report on Tuesday, December 17th. They set a "positive" rating and a $255.00 price target for the company. Piper Sandler reduced their price objective on Globant from $240.00 to $237.00 and set an "overweight" rating on the stock in a research report on Friday, November 15th. Finally, Jefferies Financial Group lifted their price objective on Globant from $240.00 to $255.00 and gave the stock a "buy" rating in a research report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $231.28.

Globant Stock Up 3.1 %

NYSE GLOB traded up $6.44 during mid-day trading on Wednesday, hitting $213.47. The stock had a trading volume of 579,180 shares, compared to its average volume of 385,361. The company has a 50 day simple moving average of $217.57 and a 200 day simple moving average of $208.50. The company has a market cap of $9.20 billion, a price-to-earnings ratio of 55.74, a P/E/G ratio of 2.27 and a beta of 1.38. Globant has a 52-week low of $151.68 and a 52-week high of $251.50.

Institutional Investors Weigh In On Globant

Several institutional investors and hedge funds have recently bought and sold shares of GLOB. Quarry LP boosted its position in Globant by 529.6% in the second quarter. Quarry LP now owns 170 shares of the information technology services provider's stock valued at $30,000 after buying an additional 143 shares in the last quarter. Kestra Investment Management LLC bought a new position in shares of Globant in the fourth quarter valued at approximately $38,000. ORG Partners LLC boosted its holdings in shares of Globant by 65.5% in the 3rd quarter. ORG Partners LLC now owns 192 shares of the information technology services provider's stock worth $38,000 after acquiring an additional 76 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Globant during the 3rd quarter worth approximately $40,000. Finally, American National Bank & Trust increased its holdings in Globant by 430.2% during the 3rd quarter. American National Bank & Trust now owns 228 shares of the information technology services provider's stock valued at $45,000 after purchasing an additional 185 shares in the last quarter. Institutional investors own 91.60% of the company's stock.

About Globant

Globant SA, together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.