Globant S.A. operates as a technology services company worldwide. The company offers transformational programs, ROI and cost efficiency, new revenue streams, E-mission, sustainability today, up with climate, organizational design, leadership mindset and organizational upskilling, cultural strategy, talent journeys, change management, delivery management, agile consultancy, management consulting, user experience, visual and service design, industrial design, strategic architecture consulting, platforms evolution, and augmented composable services. It also provides ePayments, content management systems, future commerce, eLearning, accessibility, web, native and hybrid applications, cross compiled, data strategy, insights, data as a product, data platforms, MLOps, blockchain, Internet of Things experience and consultancy, platform, hardware integration, intelligent automation, process mining, smart farming, image diagnosis, healthcare interoperability, genomics data processing, telemedicine and medical digital tech, patient journey, research and development, and precision medicine services. In addition, the company offers digital marketing, conversational interface, gaming, OTT, Cloud Ops Studio, Salesforce Studio, cybersecurity, and enterprise applications services; product strategy, management, and delivery services; and agile, automation, load and performance, AI, game, mobile, data testing, accessibility, media and OTT, and conversational interfaces testing services, as well as services over platforms. It serves medium-to large-sized companies operating in media and entertainment, professional services, technology and telecommunications, travel and hospitality, healthcare, banks, financial services and insurance, consumer, retail, and manufacturing industries. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant S.A. was founded in 2003 and is based in Luxembourg, Luxembourg.
IPO Year: 2014
Exchange: NYSE
Website: globant.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/22/2024 | $210.00 | Hold | Deutsche Bank |
8/20/2024 | Buy → Neutral | UBS | |
8/16/2024 | $200.00 → $245.00 | Buy | Needham |
6/24/2024 | $200.00 | Buy | Goldman |
5/28/2024 | $240.00 → $230.00 | Neutral → Buy | UBS |
5/24/2024 | $135.00 | Sell | Redburn Atlantic |
5/17/2024 | $275.00 → $200.00 | Buy | Needham |
5/10/2024 | $200.00 | Sector Outperform → Sector Perform | Scotiabank |
3/19/2024 | $250.00 | Buy | Guggenheim |
1/30/2024 | $283.00 | Buy | Mizuho |
Strong, Broad Based Results Third quarter revenues of $614.7 million, up 12.7% year-over-yearIFRS Diluted EPS of $0.98 for the third quarter Non-IFRS Adjusted Diluted EPS of $1.63 for the third quarter LUXEMBOURG, Nov. 14, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three and nine months ended September 30, 2024. Please see highlights below. Note that reconciliations between IFRS and Non-IFRS financial measures are disclosed at the end of this pre
The event will feature speakers such as Stefano Domenicali, President & CEO of F1; Marcos Galperin, Founder & CEO of Mercado Libre; Gwyneth Paltrow, Founder & CEO of goop; Martin Wezowski, Chief Futurist at SAP; John Fanelli, VP of Enterprise Software at NVIDIA; and Pablo Beramendi, Director of Startups & AI at Google Cloud, among many others, to discuss AI, creativity, and business reinvention.Register for free at https://converge.globant.com/. LOS ANGELES, Nov. 13, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced a new edition of its annual flagship event, this year called: CONVERGE AI
LUXEMBOURG, Nov. 7, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the third quarter ended September 30th, 2024 on Thursday, November 14th, 2024 after the close of regular market hours. Following the release, Martin Migoya, Globant's CEO & co-founder; Juan Urthiague, Globant's CFO; Patricia Pomies, Globant's COO; and Diego Tártara, Globant's CTO, will discuss the results in a video conference call beginning at 4:30 pm ET. Video conference call access information is:https://more.globant.com/F3Q24EarningsCall About Globant (NYSE:GLOB)At Globant, we creat
• Qiddiya Investment Company (QIC) and Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, announce a new landmark partnership to create a state-of-the-art digital ecosystem for Qiddiya City, the new global destination for entertainment, sports, and culture built on the foundations of play. • At the heart of this collaboration will be the Qiddiya "PLAY LIFE Connected Experience", offering visitors a seamless, personalized interface to book events and manage their itineraries, providing real-time updates and recommendations tailored to individual preferences. • Qiddiya City is set to attract millions of annual visitors, combining cu
FTV Capital, a leading sector-focused growth equity investment firm, today announced its inclusion for the fourth consecutive year on Inc.'s annual Founder-Friendly Investors list, which honors the private equity, venture capital firms and lenders with a track record of backing founder-led companies. This year's list recognizes 269 firms that believe in backing founder-led businesses and helping them thrive, demonstrated by their successful track records of collaboration and remaining actively involved with their portfolio companies to drive growth. "We are honored to be recognized again by Inc. for our ongoing commitment to serving as a collaborative, strategic partner to founders and ent
The office, located just 20 steps away from the court, will offer innovative new experiences for clients and will serve as the 10th Globant location in the United States for employees.With this new space to foster innovation and creativity, Globant underscores the connection between technology and creativity, celebrating its partnership with the LA Clippers.LOS ANGELES, Oct. 28, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today celebrates the grand opening of its new office located inside Intuit Dome, home to the LA Clippers in Inglewood, California. As the digital transformation partner of th
This edition's global winners included Kavitha Krishnan, the Tech Executive Winner from India; Margo Jordan, the Tech Entrepreneur Winner from the United States; and Inés Huertas, the Tech Leader Winner from Spain.Global Winners received recognition at Converge, Globant's signature annual event, and will be showcased on the iconic NYSE Billboard in Times SquareNEW YORK, Oct. 21, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced the global winners of Women that Build Awards 5th Edition. "This fifth edition of the Women that Build Awards represents not only a remarkable and ongoing jo
First-of-its-kind partnership will provide FTV and its portfolio companies with comprehensive access to leading mental health and wellbeing programs FTV Capital, a leading sector-focused growth equity firm, and One Mind at Work, a global nonprofit dedicated to building the future of workforce mental health, today announced a first-of-its-kind partnership to advance mental health and wellbeing within high-growth companies in the FTV portfolio. The expanded partnership coincides with World Mental Health Day, which is highlighting workplace mental health as its official 2024 theme. Over the course of two years, FTV will sponsor One Mind at Work memberships for its diverse portfolio of high-g
Investment will accelerate geographic expansion and enhance industry-leading product capabilities, cementing VALD's position as a global technology pioneer in musculoskeletal health VALD, a global health technology company and the system of choice for musculoskeletal ("MSK") health professionals, today announced a significant growth equity investment from FTV Capital, a sector-focused growth equity firm. The investment will enable VALD to grow its global team into new markets, launch new product offerings and capabilities, and continue to utilize AI to create unique applications for the company's industry-leading, proprietary dataset of tens of millions of MSK health records. MSK health i
Transformative acquisition will position ZEMA as global leader in offering high-quality enterprise data management and analytics for the energy and commodities industry ZEMA Global Data Corporation (formerly ZE PowerGroup), a leading provider of enterprise data management and analytics for the commodity and energy sectors, today announced its plans to acquire Morningstar Commodity Data, a provider of commodities and energy data and insights. The transaction is expected to close later this month. The business will serve a diverse portfolio of over 200 enterprises with an expanded product offering and broader geographic operations to support customers around the world. The announcement come
Strong, Broad Based Results Third quarter revenues of $614.7 million, up 12.7% year-over-yearIFRS Diluted EPS of $0.98 for the third quarter Non-IFRS Adjusted Diluted EPS of $1.63 for the third quarter LUXEMBOURG, Nov. 14, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three and nine months ended September 30, 2024. Please see highlights below. Note that reconciliations between IFRS and Non-IFRS financial measures are disclosed at the end of this pre
LUXEMBOURG, Nov. 7, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the third quarter ended September 30th, 2024 on Thursday, November 14th, 2024 after the close of regular market hours. Following the release, Martin Migoya, Globant's CEO & co-founder; Juan Urthiague, Globant's CFO; Patricia Pomies, Globant's COO; and Diego Tártara, Globant's CTO, will discuss the results in a video conference call beginning at 4:30 pm ET. Video conference call access information is:https://more.globant.com/F3Q24EarningsCall About Globant (NYSE:GLOB)At Globant, we creat
Blankfactor is a U.S.-headquartered product engineering firm specialized in Payments, Capital Markets, Wealth and Retirement, and Fintech in North America and the UK, with extensive experience in card issuing, merchant acquiring, and securities finance. Blankfactor has grown rapidly by leveraging highly specialized consultants coupled with deep vertical expertise in the financial services sector. The company also holds extensive expertise in AWS, Google Cloud, Microsoft Azure, Snowflake, and Databricks MIAMI, Sept. 10, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native technology services company, announced today that it has entered into a definitive agreement to acquire Blankfacto
Growth Outlook Remains Strong, Executing on Profitability Second quarter revenues of $587.5 million, up 18.1% year-over-yearIFRS Diluted EPS of $0.87 for the second quarter Non-IFRS Adjusted Diluted EPS of $1.51 for the second quarter LUXEMBOURG, Aug. 15, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three and six months ended June 30, 2024. Please see highlights below. Note that reconciliations between IFRS and Non-IFRS financial measures are discl
LUXEMBOURG, Aug. 8, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the second quarter ended June 30th, 2024 on Thursday, August 15th, 2024 after the close of regular market hours. Following the release, Martin Migoya, Globant's CEO & co-founder; Juan Urthiague, Globant's CFO; Patricia Pomies, Globant's COO; and Diego Tártara, Globant's CTO, will discuss the results in a video conference call beginning at 4:30 pm ET. Video conference call
Executing on Growth Initiatives First quarter revenues of $571.1 million, up 20.9% year-over-yearIFRS Diluted EPS of $1.02 for the first quarter Non-IFRS Adjusted Diluted EPS of $1.53 for the first quarter LUXEMBOURG, May 16, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three months ended March 31, 2024. Please see highlights below, including certain Non-IFRS measures. Note that reconciliations between Non-IFRS financial measures and IFRS operating
LUXEMBOURG, May 9, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the first quarter ended March 31st, 2024 on Thursday, May 16th, 2024 after the close of regular market hours. Following the release, Martin Migoya, Globant's CEO & co-founder; Juan Urthiague, Globant's CFO; Patricia Pomies, Globant's COO; and Diego Tártara, Globant's CTO, will discuss the results in a video conference call beginning at 4:30 pm ET. Video conference call acce
Solid Finish to the Year and Positive Outlook Ahead Fourth quarter revenues of $580.7 million, up 18.3% year-over-yearIFRS Diluted EPS of $0.96 for the fourth quarter Non-IFRS Adjusted Diluted EPS of $1.62 for the fourth quarter Full year 2023 revenues of $2,095.9 million, up 17.7% year-over-yearIFRS Diluted EPS of $3.64 for the full yearNon-IFRS Adjusted Diluted EPS of $5.74 for the full yearLUXEMBOURG, Feb. 15, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three months and year ended December 31, 2023.
LUXEMBOURG, Feb. 8, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the fourth quarter and full year ended December 31st, 2023 on Thursday, February 15th, 2024 after the close of regular market hours. Following the release, Martin Migoya, Globant's CEO & co-founder; Juan Urthiague, Globant's CFO; Patricia Pomies, Globant's COO; and Diego Tártara, Globant's CTO, will discuss the results in a video conference call beginning at 4:30 pm ET. Vi
Headquartered in São Paulo, Iteris brings a talented group of professionals together with an impressive portfolio of digital transformation projects NEW YORK, Dec. 28, 2023 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced the acquisition of Iteris Holding Ltda., a Brazilian business and technology consultancy focused on delivering digital transformation. This acquisition enhances Globant's current operations in Brazil by adding top local digital capabilities and an impressive client roster.
Piper Sandler analyst Arvind Ramnani maintains Globant (NYSE:GLOB) with a Overweight and maintains $238 price target.
18 analysts have expressed a variety of opinions on Globant (NYSE:GLOB) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 9 5 3 0 1 Last 30D 1 0 0 0 0 1M Ago 2 0 0 0 0 2M Ago 5 3 2 0 1 3M Ago 1 2 1 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $212.06, with a high estimate of $257.00 and a low estimate of $135.00. Highlighting a 14.3% dec
Citigroup analyst Ashwin Shirvaikar maintains Globant (NYSE:GLOB) with a Buy and raises the price target from $215 to $220.
The company accelerates the adoption of AI through Studios tailored to make key industries ready for advanced transformationSAN FRANCISCO, July 11, 2024 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, has launched its AI Reinvention Network, updating its Studios to support various industries in their AI acceleration.
Goldman Sachs analyst James Schneider initiates coverage on Globant (NYSE:GLOB) with a Buy rating and announces Price Target of $200.
U.S. stocks were mixed, with the Dow Jones index gaining around 150 points on Thursday. Shares of KB Home (NYSE:KBH) rose during Thursday's session as the company posted better-than-expected earnings and sales results for its second quarter on Tuesday. KB Home reported quarterly earnings of $2.15 per share, which beat the analyst consensus estimate of $1.78. Quarterly sales came in at $1.71 billion, which beat the analyst consensus estimate of $1.651 billion, according to data from Benzinga Pro. KB Home shares gained 4.2% to $70.91 on Thursday. Here are some other big stocks recording gains in today’s session. Ocular Therapeutix, Inc. (NASDAQ:OCUL) shares climbed 16% to $6.36
In the latest quarter, 18 analysts provided ratings for Globant (NYSE:GLOB), showcasing a mix of bullish and bearish perspectives. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 9 5 3 0 1 Last 30D 1 0 0 0 0 1M Ago 5 3 2 0 1 2M Ago 1 2 1 0 0 3M Ago 2 0 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $217.61, along with a high estimate of $270.00 and a low estimate of $135.00. Observing a downward trend, the current ave
Needham analyst Mayank Tandon reiterates Globant (NYSE:GLOB) with a Buy and maintains $200 price target.
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FTV Capital, a leading sector-focused growth equity investment firm, today announced its inclusion for the fourth consecutive year on Inc.'s annual Founder-Friendly Investors list, which honors the private equity, venture capital firms and lenders with a track record of backing founder-led companies. This year's list recognizes 269 firms that believe in backing founder-led businesses and helping them thrive, demonstrated by their successful track records of collaboration and remaining actively involved with their portfolio companies to drive growth. "We are honored to be recognized again by Inc. for our ongoing commitment to serving as a collaborative, strategic partner to founders and ent
Transformative acquisition will position ZEMA as global leader in offering high-quality enterprise data management and analytics for the energy and commodities industry ZEMA Global Data Corporation (formerly ZE PowerGroup), a leading provider of enterprise data management and analytics for the commodity and energy sectors, today announced its plans to acquire Morningstar Commodity Data, a provider of commodities and energy data and insights. The transaction is expected to close later this month. The business will serve a diverse portfolio of over 200 enterprises with an expanded product offering and broader geographic operations to support customers around the world. The announcement come
The Company is already a global partner of Formula 1 to elevate their digital experiences both for racing teams and fans and makes Williams its first team partnership in the sport BUENOS AIRES, Argentina , Aug. 29, 2024 /PRNewswire/ -- Williams Racing is proud to announce a new partnership with leading digital transformation company and long-running Colapinto's sponsor, Globant. The New York Stock Exchange-listed organisation, with more than 29,100 employees and presence in 33 countries, is already a global partner of Formula 1 to elevate their digital experiences both for rac
As part of the expansion, Richard Earnshaw joins as partner to lead new office and FTV's European investing efforts alongside growing team FTV Capital, a prominent sector-focused growth equity investment firm with a successful 25+-year track record of investing in financial and enterprise technology, today announced the opening of its London office to serve as the firm's hub for UK and European investments. FTV also announced Richard Earnshaw has joined the firm as partner to lead and grow the London-based team while deepening the firm's investing efforts throughout Europe. Located in Mayfair, FTV's London office joins the firm's existing offices in New York, San Francisco and Connecticut
Founder Bob Kaufman transitions to chairman of the board ConnexPay, the world's first all-in-one payments platform, today announced the appointment of Ben Peters as chief executive officer. Peters brings more than two decades of experience leading and scaling global payments and vertical software companies. Bob Kaufman, founder of ConnexPay, will remain actively involved in the business, assuming the role of chairman of the board of directors and working alongside Peters to continue driving ConnexPay's strong growth trajectory. "Under Bob's leadership, ConnexPay has built a unique end-to-end platform to both accept and make payments globally that is transforming payments experiences for
With a series of events at the New York Stock Exchange (NYSE) building, including the recreation of the bar where Globant was first thought of, the company celebrated two decades of remarkable accomplishments and substantial growthThe occasion served as a vibrant tribute to Globant's first 20-year journey, highlighting the achievements and progress that have defined the company's successNEW YORK, Dec. 5, 2023 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, celebrated its first 20 years of business at the New York Stock Exchange (NYSE) with various initiatives that featured "Globers" (Globant employees)
This year's global winners are Jennifer Samaniego from Ecuador and Jaloree Lantigua from the US, selected from among 25 local winners in 12 regions In this fourth edition, the global judging panel was formed by 8 well-known leaders from the George Washington University School of Business, CoachHub, Women Corporate Directors Foundation, NYSE, LA Clippers, Udemy Business, and GlobantThe awards were supported by global partners like CoachHub, NYSE, Salesforce, Udemy, and Women Corporate Directors Foundation, and more than 50 other organizations and universitiesNEW YORK, Sept. 28, 2023 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innov
VTEX (NYSE:VTEX), the global enterprise digital commerce platform, today announced the appointment of Silvia Mazzucchelli, renowned executive of the US Retail & Consumer industry, to its board of directors. Silvia has vast experience in the American market as a former C-level executive of companies like GUESS, TOMS Shoes, American Apparel, ModCloth (a Walmart ecommerce portfolio company), and The Collected Group (a KKR portfolio company). She is a senior advisor to retail and consumer practice to The Boston Consulting Group and serves on corporate boards, including as Chair of the Board of Coyuchi Inc.; and director of Carbon38. Previously, she had also served as Chair of the Board of Seque
LUXEMBOURG, May 3, 2022 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing business through innovative technology solutions, announced today the appointment of Andrea Mayumi Petroni Merhy to its Board of Directors. Ms. Petroni Merhy was elected to join the Board of Directors by Globant's shareholders at the company's annual general meeting, which took place on April 22. She comes to Globant with extensive experience leading global strategies to grow and scale international businesses. "We are extremely thrilled to have Andrea Petroni Merhy join our Board of Directors. Her experience and advice will help us to improve our ability to leverage business oppo
Industry veteran brings four decades of experience to rapidly growing hospitality software and payments company Plate IQ, the leading hospitality accounts payable (AP) automation and B2B payments platform, today announced the appointment of Andy Roberts as chairman of the board of directors, effective immediately. Roberts will be responsible for advising and guiding Plate IQ's expansion across verticals such as restaurants, hotels, distribution, grocery, and country clubs. Roberts brings over 40 years of leadership experience in growing and scaling B2B payments companies. Most recently, he was CEO of digital claims payment processing giant VPay, which was acquired in December 2020, and wa
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Deutsche Bank initiated coverage of Globant with a rating of Hold and set a new price target of $210.00
UBS downgraded Globant from Buy to Neutral
Needham reiterated coverage of Globant with a rating of Buy and set a new price target of $245.00 from $200.00 previously
Goldman initiated coverage of Globant with a rating of Buy and set a new price target of $200.00
UBS upgraded Globant from Neutral to Buy and set a new price target of $230.00 from $240.00 previously
Redburn Atlantic initiated coverage of Globant with a rating of Sell and set a new price target of $135.00
Needham reiterated coverage of Globant with a rating of Buy and set a new price target of $200.00 from $275.00 previously
Scotiabank downgraded Globant from Sector Outperform to Sector Perform and set a new price target of $200.00
Guggenheim initiated coverage of Globant with a rating of Buy and set a new price target of $250.00
Mizuho initiated coverage of Globant with a rating of Buy and set a new price target of $283.00