Globant (NYSE:GLOB) Updates FY 2026 Earnings Guidance

Globant (NYSE:GLOB) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 6.100-6.500 for the period, compared to the consensus EPS estimate of 5.670. 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 Q1 2026 guidance to 1.440-1.540 EPS.

Globant Price Performance

GLOB traded up $2.36 during trading on Thursday, reaching $46.89. 2,272,683 shares of the company were exchanged, compared to its average volume of 1,519,591. Globant has a 12-month low of $40.76 and a 12-month high of $155.00. The company’s 50-day moving average is $62.14 and its two-hundred day moving average is $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 company has a market cap of $2.06 billion, a price-to-earnings ratio of 21.22, a P/E/G ratio of 4.64 and a beta of 1.19.

Globant (NYSE:GLOB) last announced its quarterly earnings results on Thursday, February 26th. The information technology services provider reported $1.54 earnings per share for the quarter, meeting the consensus estimate of $1.54. The firm had revenue of $612.47 million for 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. Research analysts forecast that Globant will post 5.73 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on GLOB shares. Truist Financial initiated coverage on shares of Globant in a report on Tuesday, January 6th. They issued a “hold” rating and a $72.00 price target on the stock. JPMorgan Chase & Co. dropped their price target on Globant from $75.00 to $68.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. William Blair restated an “outperform” rating on shares of Globant in a research report on Wednesday, December 31st. Weiss Ratings reissued a “sell (d+)” rating on shares of Globant in a research note on Monday, December 29th. Finally, Wells Fargo & Company raised their price objective on shares of Globant from $61.00 to $68.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 14th. Six equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $89.80.

Globant News Summary

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)

Institutional Trading of Globant

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisors Asset Management Inc. grew its holdings in shares of Globant by 77.4% in the fourth 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 during the last quarter. CIBC Private Wealth Group LLC boosted its position 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 period. State of Wyoming grew 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 worth $80,000 after acquiring an additional 389 shares during the last quarter. Parallel Advisors LLC increased its position 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 valued at $89,000 after acquiring an additional 999 shares during the period. Finally, Empowered Funds LLC bought a new position in shares of Globant during the fourth quarter valued at about $105,000. 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.