Globant (NYSE:GLOB) Updates Q1 2026 Earnings Guidance

Globant (NYSE:GLOB) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.440-1.540 for the period, compared to the consensus earnings per share estimate of 1.330. The company issued revenue guidance of $598.0 million-$604.0 million, compared to the consensus revenue estimate of $598.5 million. Globant also updated its FY 2026 guidance to 6.100-6.500 EPS.

Globant Trading Up 5.3%

Shares of GLOB stock traded up $2.36 on Thursday, hitting $46.89. The stock had a trading volume of 2,272,683 shares, compared to its average volume of 1,519,591. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.16. Globant has a twelve month low of $40.76 and a twelve month high of $155.00. The company has a fifty day moving average price of $62.14 and a two-hundred day moving average price of $62.51. The firm has a market cap of $2.06 billion, a P/E ratio of 21.22, a PEG ratio of 4.64 and a beta of 1.19.

Globant (NYSE:GLOB) last issued its quarterly earnings data on Thursday, February 26th. The information technology services provider reported $1.54 EPS for the quarter, hitting the consensus estimate of $1.54. Globant had a return on equity of 10.39% and a net margin of 4.01%.The business had revenue of $612.47 million for the quarter, compared to the consensus estimate of $605.61 million. Globant has set its Q1 2026 guidance at 1.440-1.540 EPS and its FY 2026 guidance at 6.100-6.500 EPS. As a group, analysts forecast that Globant will post 5.73 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Truist Financial assumed coverage on Globant in a report on Tuesday, January 6th. They set a “hold” rating and a $72.00 price objective on the stock. Needham & Company LLC cut their price target on shares of Globant from $85.00 to $80.00 and set a “buy” rating on the stock in a research note on Friday, November 14th. Wells Fargo & Company upped their price target on shares of Globant from $61.00 to $68.00 and gave the company an “equal weight” rating in a report on Wednesday, January 14th. JPMorgan Chase & Co. dropped their price objective on shares of Globant from $75.00 to $68.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Finally, UBS Group reiterated a “neutral” rating and set a $75.00 target price on shares of Globant in a report on Monday, January 19th. Six research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Globant currently has an average rating of “Hold” and an average target price of $89.80.

Globant News Roundup

Here are the key news stories impacting Globant this week:

• Positive Sentiment: FY 2026 guidance raised and above Street expectations: Globant set FY 2026 EPS guidance of 6.10–6.50 vs. consensus ~5.67, signaling better full‑year profitability outlook which likely drove investor optimism. FY‑2026 Guidance in Press Release
• Positive Sentiment: Q1 2026 guidance above consensus: management guided Q1 EPS of 1.440–1.540 vs. consensus ~1.33, and revenue guidance roughly in line with estimates — a beat on per‑share outlook that supports near‑term earnings momentum. Q1 Guidance in Press Release
• Positive Sentiment: Quarterly results: Globant reported $1.54 EPS (in line with consensus) and revenue of $612.5M vs. consensus $605.6M — revenue beat plus decent margins provide a solid near‑term fundamentals story. Quarterly Results PDF
• Positive Sentiment: Market recognition: IDC named Globant a leader in two 2025 MarketScape reports for worldwide experience services, supporting the company’s competitive positioning in digital transformation services. IDC MarketScape Recognition
• Neutral Sentiment: Analyst commentary and valuation pieces are circulating after a recent multi‑month pullback; some pieces reassess valuation and could temper enthusiasm even as guidance beats — watch for analyst revisions. Reassessing Valuation (Yahoo)
• Neutral Sentiment: Earnings previews and coverage (e.g., Benzinga) set expectations ahead of the print and may influence short‑term flows but did not drive the move as much as actual results and guidance. Earnings Preview (Benzinga)

Institutional Investors Weigh In On Globant

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its holdings in shares of Globant by 8.5% in the 4th quarter. Royal Bank of Canada now owns 1,777,710 shares of the information technology services provider’s stock valued at $116,209,000 after acquiring an additional 138,596 shares in the last quarter. Wasatch Advisors LP boosted its position in Globant by 19.0% during the fourth quarter. Wasatch Advisors LP now owns 1,243,309 shares of the information technology services provider’s stock valued at $81,275,000 after purchasing an additional 198,318 shares during the last quarter. Morgan Stanley boosted its position in Globant by 11.7% during the fourth quarter. Morgan Stanley now owns 1,027,471 shares of the information technology services provider’s stock valued at $67,166,000 after purchasing an additional 107,989 shares during the last quarter. Nuveen LLC grew its stake in Globant by 80.2% in the fourth quarter. Nuveen LLC now owns 1,027,136 shares of the information technology services provider’s stock valued at $67,144,000 after purchasing an additional 456,999 shares in the last quarter. Finally, Alliancebernstein L.P. increased its position in shares of Globant by 6,875.8% during the 2nd quarter. Alliancebernstein L.P. now owns 929,245 shares of the information technology services provider’s stock worth $84,413,000 after purchasing an additional 915,924 shares during the last quarter. 91.60% of the stock is 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.