Globant (NYSE:GLOB) Updates Q1 2026 Earnings Guidance

Globant (NYSE:GLOB) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.440-1.540 for the period, compared to the consensus EPS 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 Stock Performance

GLOB stock traded up $2.36 during trading on Thursday, hitting $46.89. The company had a trading volume of 2,272,309 shares, compared to its average volume of 1,519,353. The firm has a 50-day moving average price of $62.14 and a 200-day moving average price of $62.51. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.16. The firm has a market cap of $2.06 billion, a PE ratio of 21.22, a price-to-earnings-growth ratio of 4.64 and a beta of 1.19. Globant has a 1-year low of $40.76 and a 1-year high of $155.00.

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

Analysts Set New Price Targets

Several equities analysts have issued reports on GLOB shares. Needham & Company LLC dropped their price objective 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. Canaccord Genuity Group dropped their price target on shares of Globant from $80.00 to $70.00 and set a “hold” rating on the stock in a research note on Friday, November 14th. UBS Group restated a “neutral” rating and issued a $75.00 price objective on shares of Globant in a research report on Monday, January 19th. William Blair reaffirmed an “outperform” rating on shares of Globant in a report on Wednesday, December 31st. Finally, JPMorgan Chase & Co. cut their target price on Globant from $75.00 to $68.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Six investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $89.80.

Trending Headlines about Globant

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)

Hedge Funds Weigh In On Globant

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. State of Wyoming grew its position in shares of Globant by 78.9% in the second quarter. State of Wyoming now owns 882 shares of the information technology services provider’s stock valued at $80,000 after purchasing an additional 389 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in Globant by 77.4% during the 4th quarter. Advisors Asset Management Inc. now owns 912 shares of the information technology services provider’s stock valued at $60,000 after buying an additional 398 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in Globant by 83.2% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,125 shares of the information technology services provider’s stock valued at $65,000 after buying an additional 511 shares during the last quarter. Osaic Holdings Inc. increased its position in Globant by 61.5% during the second quarter. Osaic Holdings Inc. now owns 1,163 shares of the information technology services provider’s stock worth $114,000 after buying an additional 443 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of Globant by 273.0% in the fourth quarter. Parallel Advisors LLC now owns 1,365 shares of the information technology services provider’s stock worth $89,000 after acquiring an additional 999 shares during the last quarter. Institutional investors and hedge funds own 91.60% of the company’s stock.

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.