Globant (NYSE:GLOB) Issues Q3 2026 Earnings Guidance

Globant (NYSE:GLOB) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.430-1.430 for the period, compared to the consensus EPS estimate of 1.520. The company issued revenue guidance of $607.0 million-$615.0 million, compared to the consensus revenue estimate of $626.2 million. Globant also updated its FY 2026 guidance to 5.750-6.150 EPS.

Globant Stock Up 6.3%

Globant stock opened at $41.18 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.82 and a quick ratio of 1.82. The company’s 50-day moving average is $33.81 and its 200-day moving average is $42.37. The firm has a market capitalization of $1.81 billion, a PE ratio of 16.74, a P/E/G ratio of 1.46 and a beta of 1.02. Globant has a fifty-two week low of $27.56 and a fifty-two week high of $79.65.

Globant (NYSE:GLOB) last posted its quarterly earnings results on Thursday, August 13th. The information technology services provider reported $1.40 EPS for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.10). The business had revenue of $614.42 million for the quarter, compared to the consensus estimate of $612.86 million. Globant had a return on equity of 9.87% and a net margin of 4.46%.The company’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.53 EPS. Globant has set its FY 2026 guidance at 5.750-6.150 EPS and its Q3 2026 guidance at 1.430-1.430 EPS. Sell-side analysts anticipate that Globant will post 4.89 earnings per share for the current year.

Globant declared that its board has authorized a share repurchase program on Monday, May 18th that allows the company to buyback $50.00 million in outstanding shares. This buyback authorization allows the information technology services provider to repurchase up to 2.9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on GLOB shares. The Goldman Sachs Group cut their price target on Globant from $68.00 to $60.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Truist Financial dropped their price objective on shares of Globant from $54.00 to $44.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Wedbush downgraded shares of Globant from an “outperform” rating to a “neutral” rating in a report on Friday. Itau BBA Securities cut shares of Globant from an “outperform” rating to a “market perform” rating and set a $39.00 price objective for the company. in a research note on Wednesday, July 8th. Finally, Citigroup lowered their target price on shares of Globant from $42.00 to $37.00 and set a “neutral” rating on the stock in a report on Monday, July 27th. Five analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $52.31.

Key Stories Impacting Globant

Here are the key news stories impacting Globant this week:

• Positive Sentiment: AI growth and FIFA partnership provide longer-term upside. Globant said Glob.AI annual recurring revenue reached $52.8 million in the second quarter, up 61% sequentially, and expects at least $110 million exiting 2026. FIFA also selected Globant to build an AI-powered, year-round fan-engagement ecosystem, with initial pilots indicating a 20% efficiency improvement. Globant Reports 2026 Second Quarter Financial Results FIFA Selects Globant to Create a Continuous Fan Experience Ecosystem
• Positive Sentiment: Cash flow and operating profit improved. Second-quarter revenue was approximately $614.4 million, broadly in line with estimates, while operating profit rose sharply year over year to $19.9 million. Operating cash flow increased to $30.2 million, and total liabilities declined to about $1.1 billion. Globant Q2 Earnings Results
• Neutral Sentiment: Investor attention is centered on the earnings call. The Q2 2026 conference call transcript is available as investors assess management’s comments on AI commercialization, demand trends and the path toward renewed growth. Globant Q2 2026 Earnings Call Transcript
• Negative Sentiment: Earnings missed and growth remained stagnant. Adjusted EPS was $1.40, below the roughly $1.49–$1.50 consensus and down from $1.53 a year earlier. Revenue was essentially flat year over year, gross profit fell 4.3% to $208.2 million, and net income declined. Globant Q2 Earnings Lag Estimates
• Negative Sentiment: Third-quarter guidance was below expectations. Globant forecast EPS of $1.43 versus consensus of $1.52 and revenue of $607 million–$615 million versus $626.2 million expected. Full-year revenue guidance of $2.4 billion–$2.5 billion also fell short of the $2.5 billion consensus midpoint, reinforcing concerns about delayed discretionary technology spending and limited near-term growth visibility.

Institutional Investors Weigh In On Globant

Several hedge funds and other institutional investors have recently bought and sold shares of GLOB. IHT Wealth Management LLC boosted its holdings in Globant by 9.4% in the second quarter. IHT Wealth Management LLC now owns 4,390 shares of the information technology services provider’s stock worth $399,000 after acquiring an additional 376 shares in the last quarter. Sora Investors LLC raised its position in shares of Globant by 0.4% during the fourth quarter. Sora Investors LLC now owns 85,714 shares of the information technology services provider’s stock worth $5,603,000 after purchasing an additional 379 shares during the period. State of Wyoming raised its position in shares of Globant by 78.9% during the second quarter. State of Wyoming now owns 882 shares of the information technology services provider’s stock worth $80,000 after purchasing an additional 389 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of Globant by 77.4% in the 4th quarter. Advisors Asset Management Inc. now owns 912 shares of the information technology services provider’s stock worth $60,000 after purchasing an additional 398 shares in the last quarter. Finally, Osaic Holdings Inc. increased its stake in Globant by 61.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,163 shares of the information technology services provider’s stock valued at $114,000 after purchasing an additional 443 shares in the last quarter. 91.60% of the stock is owned by institutional investors.

About Globant

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.