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NYSE: GLOB
Globant Sa Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for GLOB

Based on 14 analysts offering 12 month price targets for Globant Sa.
Min Forecast
$175.00+4.32%
Avg Forecast
$230.64+37.49%
Max Forecast
$279.00+66.32%

Should I buy or sell GLOB stock?

Based on 14 analysts offering ratings for Globant Sa.
Strong Buy
Strong Buy
9 analysts 64.29%
Buy
2 analysts 14.29%
Hold
3 analysts 21.43%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their GLOB stock forecasts and price targets.

GLOB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-05-17
Needham
Top 4%
97
BuyMaintains$200.00+19.23%2024-05-17
KeyBanc
Top 14%
87
Strong BuyMaintains$220.00+31.15%2024-05-17
Piper Sandler
Bottom 1%
1
Strong BuyReiterates$238.00+41.88%2024-05-17
JP Morgan
Top 26%
75
Strong BuyMaintains$257.00+53.20%2024-05-02
HSBC
Top 37%
64
Strong BuyMaintains$270.00+60.95%2024-04-03

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Forecast return on equity

Is GLOB forecast to generate an efficient return?
Company
N/A
Industry
9.41%
Market
21.13%

Forecast return on assets

Is GLOB forecast to generate an efficient return on assets?
Company
N/A
Industry
1.74%

GLOB revenue forecast

What is GLOB's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$2.4B+11.19%
Avg 2 year Forecast
$2.9B+30.45%
Avg 3 year Forecast
$3.6B+63.94%
GLOB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GLOB earnings growth forecast

How is GLOB forecast to perform vs Information Technology Services companies and vs the US market?
Company
42.14%
Industry
26.83%
Market
22.48%
GLOB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
GLOB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
GLOB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

GLOB revenue growth forecast

How is GLOB forecast to perform vs Information Technology Services companies and vs the US market?
Company
15.98%
Industry
3.74%
Market
9.25%
GLOB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GLOB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GLOB vs Information Technology Service Stocks

TickerPricePrice TargetUp/downsideConsensus
GLOB$167.75$230.64+37.49%Strong Buy
SAIC$136.75$132.80-2.89%Hold
KD$27.77$29.33+5.63%Strong Buy
G$34.31$38.14+11.17%Hold
EXLS$31.18$38.50+23.48%Strong Buy
View Top Information Technology Service Stocks

Globant Sa Stock Forecast FAQ

Is Globant Sa Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: GLOB) stock is to Strong Buy GLOB stock.

Out of 14 analysts, 9 (64.29%) are recommending GLOB as a Strong Buy, 2 (14.29%) are recommending GLOB as a Buy, 3 (21.43%) are recommending GLOB as a Hold, 0 (0%) are recommending GLOB as a Sell, and 0 (0%) are recommending GLOB as a Strong Sell.

If you're new to stock investing, here's how to buy Globant Sa stock.

What is GLOB's revenue growth forecast for 2024-2026?

(NYSE: GLOB) Globant Sa's forecast annual revenue growth rate of 15.98% is forecast to beat the US Information Technology Services industry's average forecast revenue growth rate of 3.74%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.25%.

Globant Sa's revenue in 2024 is $2,194,596,000.On average, 6 Wall Street analysts forecast GLOB's revenue for 2024 to be $105,138,499,042, with the lowest GLOB revenue forecast at $104,923,713,926, and the highest GLOB revenue forecast at $105,410,588,913. On average, 6 Wall Street analysts forecast GLOB's revenue for 2025 to be $123,349,605,510, with the lowest GLOB revenue forecast at $108,367,600,447, and the highest GLOB revenue forecast at $128,658,223,229.

In 2026, GLOB is forecast to generate $155,019,961,663 in revenue, with the lowest revenue forecast at $151,296,186,655 and the highest revenue forecast at $159,868,202,458.

What is GLOB's forecast return on assets (ROA) for 2024-2026?

(NYSE: GLOB) forecast ROA is N/A, which is lower than the forecast US Information Technology Services industry average of 1.74%.

What is GLOB's Price Target?

According to 14 Wall Street analysts that have issued a 1 year GLOB price target, the average GLOB price target is $230.64, with the highest GLOB stock price forecast at $279.00 and the lowest GLOB stock price forecast at $175.00.

On average, Wall Street analysts predict that Globant Sa's share price could reach $230.64 by May 17, 2025. The average Globant Sa stock price prediction forecasts a potential upside of 37.49% from the current GLOB share price of $167.75.

What is GLOB's forecast return on equity (ROE) for 2024-2026?

(NYSE: GLOB) forecast ROE is N/A, which is considered weak.
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