Globant (GLOB) Projected to Post Earnings on Thursday

Globant (NYSE:GLOB) is expected to post its Q1 2026 results after the market closes on Thursday, May 14th. Analysts expect Globant to post earnings of $1.50 per share and revenue of $601.65 million for the quarter. Globant has set its Q1 2026 guidance at 1.440-1.540 EPS and its FY 2026 guidance at 6.100-6.500 EPS. Individuals can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, May 14, 2026 at 4:30 PM ET.

Globant (NYSE:GLOB) last released its earnings results on Thursday, February 26th. The information technology services provider reported $1.54 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.54. The company had revenue of $612.47 million for the quarter, compared to analyst estimates of $605.61 million. Globant had a return on equity of 9.98% and a net margin of 4.19%.Globant’s quarterly revenue was down 4.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.75 EPS. On average, analysts expect Globant to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Globant Stock Performance

GLOB opened at $37.21 on Tuesday. The firm has a market cap of $1.63 billion, a P/E ratio of 16.25, a price-to-earnings-growth ratio of 1.45 and a beta of 1.04. Globant has a 52-week low of $36.79 and a 52-week high of $142.24. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.64 and a current ratio of 1.64. The business’s fifty day moving average is $45.74 and its 200-day moving average is $56.59.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. UBS Group reduced their target price on Globant from $75.00 to $50.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. TD Cowen reduced their target price on Globant from $74.00 to $72.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Canaccord Genuity Group reduced their target price on Globant from $70.00 to $50.00 and set a “hold” rating on the stock in a report on Friday, February 27th. Mizuho reduced their target price on Globant from $91.00 to $76.00 and set an “outperform” rating on the stock in a report on Tuesday, March 3rd. Finally, Wedbush started coverage on Globant in a research report on Thursday, April 9th. They set an “outperform” rating and a $61.00 price objective for the company. Seven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $72.50.

Institutional Trading of Globant

Institutional investors and hedge funds have recently modified their holdings of the business. Advisors Asset Management Inc. lifted its position in shares of Globant by 77.4% during the 4th quarter. Advisors Asset Management Inc. now owns 912 shares of the information technology services provider’s stock worth $60,000 after buying an additional 398 shares during the last quarter. CIBC Private Wealth Group LLC lifted its position in shares of Globant by 83.2% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,125 shares of the information technology services provider’s stock worth $65,000 after buying an additional 511 shares during the last quarter. State of Wyoming lifted its position in shares of Globant by 78.9% during the 2nd quarter. State of Wyoming now owns 882 shares of the information technology services provider’s stock worth $80,000 after buying an additional 389 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Globant by 273.0% during the 4th quarter. Parallel Advisors LLC now owns 1,365 shares of the information technology services provider’s stock worth $89,000 after buying an additional 999 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in shares of Globant during the 4th quarter worth $105,000. 91.60% of the stock is currently owned by institutional investors.

Globant Company Profile

Globant is a digitally native technology services company founded in 2003 in Buenos Aires, Argentina. Specializing in software development and digital transformation, Globant partners with enterprises to conceive, design and engineer software products and platforms. The company leverages agile methodologies and proprietary delivery frameworks to accelerate projects in areas such as cloud migration, user experience design, data analytics, artificial intelligence and blockchain-enabled solutions.

Globant’s service offerings span strategy consulting, custom software engineering, digital experience design and managed services.