Globant (NYSE:GLOB) Releases Q2 2026 Earnings Guidance

Globant (NYSE:GLOB) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.450-1.550 for the period, compared to the consensus estimate of 1.480. The company issued revenue guidance of $610.0 million-$616.0 million, compared to the consensus revenue estimate of $613.5 million. Globant also updated its FY 2026 guidance to 6.100-6.500 EPS.

Globant Stock Performance

Shares of NYSE:GLOB traded up $1.28 during midday trading on Thursday, hitting $34.03. The company’s stock had a trading volume of 3,044,207 shares, compared to its average volume of 1,464,568. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.64 and a current ratio of 1.64. The stock’s 50 day simple moving average is $45.15 and its 200 day simple moving average is $56.23. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of 14.86, a PEG ratio of 1.32 and a beta of 1.04. Globant has a fifty-two week low of $32.50 and a fifty-two week high of $133.36.

Globant (NYSE:GLOB) last posted its quarterly earnings data on Thursday, May 14th. The information technology services provider reported $1.50 earnings per share for the quarter, hitting the consensus estimate of $1.50. Globant had a return on equity of 9.98% and a net margin of 4.19%.The business had revenue of $607.09 million during the quarter, compared to analysts’ expectations of $601.66 million. Globant has set its FY 2026 guidance at 6.100-6.500 EPS and its Q2 2026 guidance at 1.450-1.550 EPS. As a group, research analysts anticipate that Globant will post 4.99 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. TD Cowen cut their price target on Globant from $74.00 to $72.00 and set a “buy” rating for the company in a report on Monday, April 6th. Wedbush started coverage on shares of Globant in a research report on Thursday, April 9th. They set an “outperform” rating and a $61.00 target price on the stock. Canaccord Genuity Group cut their target price on shares of Globant from $70.00 to $50.00 and set a “hold” rating for the company in a research note on Friday, February 27th. Guggenheim reduced their price target on shares of Globant from $80.00 to $65.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Finally, Needham & Company LLC restated a “buy” rating and issued a $60.00 price target on shares of Globant in a research report on Thursday, March 19th. Seven equities 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 MarketBeat, Globant presently has an average rating of “Hold” and an average price target of $72.50.

Key Headlines Impacting Globant

Here are the key news stories impacting Globant this week:

• Negative Sentiment: Multiple firms, including Rosen Law Firm, Faruqi & Faruqi, Bernstein Liebhard, Pomerantz, Levi & Korsinsky, and Bragar Eagel & Squire, issued reminders or announcements about the pending Globant securities class action and the June 23, 2026 lead-plaintiff deadline, keeping legal risk in focus for shareholders. Article: ROSEN, A LEADING LAW FIRM, Encourages Globant S.A. Investors to Secure Counsel Before Important Deadline in Securities Class Action – GLOB
• Negative Sentiment: The lawsuit allegations referenced in the notices center on claimed concealment of wage freezes and a failed Iteris integration, which could hurt confidence in Globant’s operations and management credibility. Article: GLOB DEADLINE: Levi & Korsinsky Reminds Globant S.A. Investors of Upcoming Securities Class Action Deadline

Institutional Trading of Globant

A number of institutional investors and hedge funds have recently modified their holdings of GLOB. IHT Wealth Management LLC raised its stake in shares of 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 valued at $399,000 after purchasing an additional 376 shares in the last quarter. Sora Investors LLC boosted its stake in 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 buying an additional 379 shares in the last quarter. State of Wyoming increased its holdings in Globant by 78.9% in the 2nd quarter. State of Wyoming now owns 882 shares of the information technology services provider’s stock valued at $80,000 after buying an additional 389 shares during the period. Advisors Asset Management Inc. increased its holdings in Globant by 77.4% in 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 period. Finally, Osaic Holdings Inc. raised its stake in shares of Globant by 61.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,163 shares of the information technology services provider’s stock valued at $114,000 after buying an additional 443 shares in the last quarter. 91.60% of the stock is currently 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.