Globant (NYSE:GLOB) Updates FY 2025 Earnings Guidance

Globant (NYSE:GLOB) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.800-7.200 for the period, compared to the consensus earnings per share estimate of 7.340. The company issued revenue guidance of $2.6 billion-$2.7 billion, compared to the consensus revenue estimate of $2.8 billion. Globant also updated its Q1 2025 guidance to 1.550-1.630 EPS.

Globant Stock Performance

Shares of Globant stock opened at $152.02 on Friday. The firm has a market cap of $6.55 billion, a PE ratio of 40.86, a price-to-earnings-growth ratio of 2.38 and a beta of 1.39. The firm’s 50-day simple moving average is $215.37 and its 200-day simple moving average is $210.82. Globant has a 1 year low of $151.38 and a 1 year high of $238.32.

Globant (NYSE:GLOB) last issued its earnings results on Thursday, February 20th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.39). The company had revenue of $642.48 million during the quarter, compared to analyst estimates of $644.42 million. Globant had a net margin of 6.86% and a return on equity of 11.83%. On average, equities analysts predict that Globant will post 5.73 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on GLOB shares. StockNews.com upgraded shares of Globant from a “sell” rating to a “hold” rating in a research note on Sunday, November 24th. Susquehanna began coverage on shares of Globant in a research note on Tuesday, December 17th. They set a “positive” rating and a $255.00 price objective on the stock. Piper Sandler decreased their target price on shares of Globant from $237.00 to $230.00 and set an “overweight” rating for the company in a research report on Friday. JPMorgan Chase & Co. decreased their target price on shares of Globant from $248.00 to $242.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Scotiabank upped their target price on shares of Globant from $210.00 to $220.00 and gave the stock a “sector perform” rating in a research report on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Globant has a consensus rating of “Moderate Buy” and a consensus target price of $227.06.

Globant Company Profile

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.