Globant (NYSE:GLOB) Releases FY 2026 Earnings Guidance

Globant (NYSE:GLOB) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 6.100-6.500 for the period, compared to the consensus estimate of 5.990. The company issued revenue guidance of $2.5 billion-$2.5 billion, compared to the consensus revenue estimate of $2.5 billion. Globant also updated its Q2 2026 guidance to 1.450-1.550 EPS.

Analysts Set New Price Targets

A number of research firms have recently weighed in on GLOB. Guggenheim cut their price target on Globant from $80.00 to $65.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Mizuho cut their price target on Globant from $91.00 to $76.00 and set an “outperform” rating for the company in a report on Tuesday, March 3rd. Susquehanna cut their price target on Globant from $90.00 to $78.00 and set a “positive” rating for the company in a report on Friday. Truist Financial cut their price target on Globant from $54.00 to $44.00 and set a “hold” rating for the company in a report on Friday. Finally, Wells Fargo & Company cut their price target on Globant from $57.00 to $50.00 and set an “equal weight” rating for the company in a report on Friday, March 27th. Eight equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $64.81.

Globant Price Performance

Shares of NYSE:GLOB opened at $38.98 on Friday. The company has a market cap of $1.71 billion, a P/E ratio of 15.84, a P/E/G ratio of 1.26 and a beta of 1.04. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.16. Globant has a 52 week low of $32.50 and a 52 week high of $107.12. The business has a fifty day simple moving average of $44.57 and a 200-day simple moving average of $55.93.

Globant (NYSE:GLOB) last announced its quarterly earnings data on Thursday, May 14th. The information technology services provider reported $1.50 EPS for the quarter, meeting analysts’ consensus estimates of $1.50. The business had revenue of $607.09 million during the quarter, compared to the consensus estimate of $601.66 million. Globant had a return on equity of 9.86% and a net margin of 4.46%.The business’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.50 earnings per share. Globant has set its FY 2026 guidance at 6.100-6.500 EPS and its Q2 2026 guidance at 1.450-1.550 EPS. Equities research analysts forecast that Globant will post 4.99 EPS for the current year.

Globant News Roundup

Here are the key news stories impacting Globant this week:

• Positive Sentiment: Globant reported Q1 2026 revenue of $607.1 million, above the top end of its own guidance, while adjusted EPS of $1.50 met expectations; the company also generated $36.1 million in free cash flow, which investors may view as a positive sign of profitability and execution. Article Title
• Positive Sentiment: The board authorized a new $125 million share repurchase program, which can support the stock by signaling confidence in the business and returning capital to shareholders. Article Title
• Neutral Sentiment: Management guided Q2 revenue to $610 million-$616 million and full-year 2026 revenue to $2.462 billion-$2.508 billion, with a 14%-15% adjusted operating margin target; these outlook figures suggest a focus on disciplined growth rather than a dramatic acceleration. Article Title
• Neutral Sentiment: Trading activity in GLOB options surged, with call volume far above normal, which may indicate speculation that the recent earnings and buyback news could fuel further upside. Article Title
• Negative Sentiment: Truist lowered its price target on Globant to $44 from $54, showing some caution even though it kept a hold rating. Article Title
• Negative Sentiment: Multiple law firms have announced or promoted class-action lawsuits and lead-plaintiff deadlines against Globant, adding overhang and uncertainty for investors. Article Title

Institutional Investors Weigh In On Globant

Hedge funds and other institutional investors have recently made changes to their positions in the business. Alliancebernstein L.P. grew its position in Globant by 6,875.8% during the second quarter. Alliancebernstein L.P. now owns 929,245 shares of the information technology services provider’s stock valued at $84,413,000 after acquiring an additional 915,924 shares during the period. BNP Paribas Financial Markets increased its stake in Globant by 601.5% during the third quarter. BNP Paribas Financial Markets now owns 783,930 shares of the information technology services provider’s stock worth $44,982,000 after acquiring an additional 672,175 shares during the last quarter. Two Sigma Investments LP increased its stake in Globant by 493.8% during the third quarter. Two Sigma Investments LP now owns 660,296 shares of the information technology services provider’s stock worth $37,888,000 after acquiring an additional 549,089 shares during the last quarter. Federated Hermes Inc. increased its stake in Globant by 7,560.4% during the fourth quarter. Federated Hermes Inc. now owns 468,053 shares of the information technology services provider’s stock worth $30,597,000 after acquiring an additional 461,943 shares during the last quarter. Finally, Nuveen LLC increased its stake in Globant by 80.2% during the fourth quarter. Nuveen LLC now owns 1,027,136 shares of the information technology services provider’s stock worth $67,144,000 after acquiring an additional 456,999 shares during the last quarter. Hedge funds and other institutional investors own 91.60% of the company’s stock.

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.