NYSE:GLOB - Globant Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $220.71
  • Forecasted Upside: 10.02 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$200.61
▼ -7.94 (-3.81%)
1 month | 3 months | 12 months
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Analyst Price Target for GLOB

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$220.71
▲ +10.02% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Globant in the last 3 months. The average price target is $220.71, with a high forecast of $240.00 and a low forecast of $165.00. The average price target represents a 10.02% upside from the last price of $200.61.
Buy
The current consensus among 8 contributing investment analysts is to buy stock in Globant. This rating has held steady since September 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 1 sell ratings
9/14/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/13/2019
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/12/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 1 sell ratings
6/10/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 1 sell ratings
9/8/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
12/7/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
2/5/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/7/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/25/2021Piper SandlerBoost Price TargetNeutral$222.00 ➝ $234.00High
i
2/25/2021WedbushBoost Price TargetOutperform$215.00 ➝ $240.00High
i
2/19/2021CitigroupBoost Price Target$220.00 ➝ $240.00Medium
i
2/19/2021WedbushBoost Price TargetOutperform$215.00 ➝ $240.00High
i
2/19/2021JPMorgan Chase & Co.Boost Price TargetOverweight$203.00 ➝ $236.00High
i
2/19/2021Piper SandlerBoost Price TargetNeutral$222.00 ➝ $234.00Low
i
1/14/2021Piper SandlerDowngradeOverweight ➝ Neutral$205.00 ➝ $222.00High
i
1/11/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$190.00 ➝ $210.00Low
i
12/4/2020Jefferies Financial GroupInitiated CoverageHoldLow
i
9/21/2020Itau BBA SecuritiesUpgradeMarket Perform ➝ Outperform$220.00Low
i
8/17/2020JPMorgan Chase & Co.Boost Price TargetAverage ➝ Overweight$179.00 ➝ $194.00Low
i
8/14/2020Piper SandlerBoost Price TargetPositive ➝ Overweight$181.00 ➝ $193.00High
i
7/28/2020Piper SandlerBoost Price TargetOverweight$152.00 ➝ $181.00Medium
i
7/17/2020CowenBoost Price TargetOutperform$128.00 ➝ $165.00High
i
Rating by Bryan Bergin at Cowen Inc
7/17/2020CitigroupBoost Price TargetNeutral$121.00 ➝ $162.00High
i
7/3/2020The Goldman Sachs GroupBoost Price TargetBuy$147.00 ➝ $167.00N/A
i
5/21/2020Piper SandlerInitiated CoverageOverweight$152.00Low
i
5/15/2020CitigroupBoost Price TargetIn-Line ➝ Neutral$110.00 ➝ $121.00High
i
5/12/2020Itau BBA SecuritiesDowngradeOutperform ➝ Market PerformHigh
i
4/29/2020The Goldman Sachs GroupLower Price TargetBuy$165.00 ➝ $130.00Low
i
4/16/2020WedbushLower Price TargetOutperform$150.00 ➝ $120.00High
i
2/21/2020KeyCorpBoost Price TargetOverweight$121.00 ➝ $144.00High
i
Rating by Arvind Ramnani at KeyCorp
2/21/2020CitigroupBoost Price TargetNeutral$125.00 ➝ $128.00High
i
2/21/2020Cantor FitzgeraldBoost Price TargetNeutral$97.00 ➝ $120.00High
i
2/21/2020CowenReiterated RatingOutperform$125.00 ➝ $140.00High
i
2/20/2020WedbushBoost Price TargetOutperform$115.00 ➝ $150.00High
i
2/18/2020JPMorgan Chase & Co.Boost Price TargetOverweight$119.00 ➝ $129.00Low
i
1/15/2020CitigroupBoost Price TargetNeutral$113.00 ➝ $125.00High
i
1/13/2020KeyCorpBoost Price TargetOverweight$114.00 ➝ $121.00Medium
i
Rating by Arvind Ramnani at KeyCorp
9/10/2019HSBCDowngradeHold ➝ Reduce$52.00 ➝ $80.00High
i
8/16/2019CowenSet Price TargetBuy$116.00Medium
i
Rating by Avishai Kantor at Cowen Inc
8/16/2019William BlairReiterated RatingBuyMedium
i
Rating by Maggie Nolan at William Blair
7/17/2019CitigroupDowngradeBuy ➝ Neutral$93.00 ➝ $115.00Low
i
6/21/2019Itau BBA SecuritiesUpgradeMarket Perform ➝ Outperform$74.00 ➝ $113.00High
i
5/8/2019WedbushReiterated RatingOutperform$75.00 ➝ $90.00Medium
i
4/10/2019Morgan StanleyInitiated CoverageOverweight$85.00Medium
i
2/15/2019Itau BBA SecuritiesDowngradeOutperform ➝ Market PerformN/A
i
2/15/2019Cantor FitzgeraldReiterated RatingHold$67.00High
i
2/13/2019WedbushBoost Price TargetOutperform ➝ Outperform$65.00 ➝ $75.00Low
i
1/29/2019SunTrust BanksBoost Price TargetBuy$75.00Low
i
11/30/2018Cantor FitzgeraldReiterated RatingHold$57.00Low
i
11/19/2018The Goldman Sachs GroupInitiated CoverageBuy$65.00High
i
10/24/2018JPMorgan Chase & Co.Lower Price TargetOverweight ➝ Overweight$69.00 ➝ $64.00High
i
8/24/2018JPMorgan Chase & Co.Boost Price TargetOverweight ➝ Overweight$66.00 ➝ $69.00High
i
8/24/2018CitigroupBoost Price TargetBuy ➝ Buy$62.00 ➝ $66.00High
i
7/11/2018SunTrust BanksBoost Price TargetBuy$64.00Low
i
6/19/2018WedbushBoost Price TargetOutperform ➝ Outperform$55.00 ➝ $65.00Low
i
4/20/2018HSBCInitiated CoverageHold$48.00Medium
i
4/4/2018SunTrust BanksUpgradeHold ➝ BuyHigh
i
2/21/2018SunTrust BanksBoost Price TargetHold$52.00Low
i
2/20/2018JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Overweight$50.00 ➝ $54.00Medium
i
11/17/2017Cantor FitzgeraldReiterated RatingNeutral$42.00 ➝ $36.00N/A
i
11/3/2017KeyCorpReiterated RatingHoldN/A
i
10/22/2017SunTrust BanksReiterated RatingHoldN/A
i
10/14/2017WedbushReiterated RatingOutperform$48.00N/A
i
10/12/2017CowenReiterated RatingBuy$50.00N/A
i
9/28/2017KeyCorpReiterated RatingHoldLow
i
8/18/2017Cantor FitzgeraldReiterated RatingNeutral$36.00 ➝ $42.00High
i
7/27/2017SunTrust BanksDowngradeBuy ➝ Hold$43.00 ➝ $48.00High
i
7/19/2017CitigroupBoost Price TargetBuy$42.00 ➝ $49.00Low
i
5/19/2017Cantor FitzgeraldReiterated RatingHold$36.00High
i
2/17/2017Cantor FitzgeraldLower Price TargetNeutral$43.00 ➝ $36.00N/A
i
1/12/2017Pacific CrestUpgradeSector Weight ➝ Overweight$38.00N/A
i
11/16/2016Jefferies Financial GroupLower Price TargetHold$40.00 ➝ $39.00N/A
i
9/13/2016Cantor FitzgeraldReiterated RatingHold$43.00N/A
i
9/8/2016WedbushInitiated CoverageOutperform$48.00N/A
i
Rating by M. Katri at Wedbush
9/7/2016Cantor FitzgeraldReiterated RatingHold$43.00N/A
i
8/11/2016JPMorgan Chase & Co.Boost Price TargetOverweight$43.00 ➝ $45.00N/A
i
8/11/2016Jefferies Financial GroupReiterated RatingHold$37.00N/A
i
8/11/2016Pacific CrestReiterated RatingHoldN/A
i
8/11/2016CitigroupBoost Price TargetBuy$41.00 ➝ $48.50N/A
i
8/8/2016Cantor FitzgeraldReiterated RatingHold$43.00N/A
i
7/19/2016JPMorgan Chase & Co.Reiterated RatingBuy$28.00N/A
i
7/12/2016Pacific CrestInitiated CoverageSector WeightN/A
i
7/5/2016Cantor FitzgeraldReiterated RatingHold$35.00N/A
i
6/29/2016Cantor FitzgeraldReiterated RatingHold$35.00N/A
i
5/16/2016Jefferies Financial GroupBoost Price TargetHold$30.00 ➝ $37.00N/A
i
5/10/2016Cantor FitzgeraldReiterated RatingHoldN/A
i
Rating by Joseph Foresi at Cantor Fitzgerald
5/10/2016Jefferies Financial GroupReiterated RatingHoldN/A
i
(Data available from 3/7/2016 forward)
Globant logo
Globant S.A. operates as a technology services company worldwide. The company offers machine learning, pattern recognition, and natural language understanding services. It also provides process appraisal, automated, process evolution, delivery management, agile consultancy, management consulting, user experience, visual and service design, industrial design, consultancy, fast prototyping, app evolution, platform integration, and hardware integration services. In addition, the company offers game engineering and experience, digital platform, virtual and augmented reality, graphics engineering, 3D and 2D art, e-Sports, data architecture, data science, mission critical, data integration, data visualization, and blockchain services. Further, it provides Internet of Things experience and consultancy, platform, hardware integration, content management system, digital marketing, OTT, and Cloud Ops Studio services. Additionally, the company offers functional testing, load and performance testing, mobile testing, test automation, Web applications, hybrid and cross-compiled development, accessibility, API management, micro, complex architecture, software archaeology, IT service management, and software evolution services, as well as services over platforms. It also provides biological and technological solutions to healthcare, agriculture, and pharmaceutical organizations. The company serves medium-to large-sized companies operating in media and entertainment, professional services, technology and telecommunications, travel and hospitality, 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 City, Luxembourg.
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Today's Range

Now: $200.61
$193.13
$212.53

50 Day Range

MA: $213.57
$192.00
$232.11

52 Week Range

Now: $200.61
$70.83
$244.72

Volume

376,064 shs

Average Volume

208,442 shs

Market Capitalization

$8.03 billion

P/E Ratio

159.22

Dividend Yield

N/A

Beta

1.24

Frequently Asked Questions

What sell-side analysts currently cover shares of Globant?

The following Wall Street analysts have issued stock ratings on Globant in the last twelve months: Citigroup Inc., Cowen Inc, Itau BBA Securities, Jefferies Financial Group Inc., JPMorgan Chase & Co., Piper Sandler, The Goldman Sachs Group, Inc., TheStreet, Wedbush, and Zacks Investment Research.
View the latest analyst ratings for GLOB.

What is the current price target for Globant?

7 Wall Street analysts have set twelve-month price targets for Globant in the last year. Their average twelve-month price target is $220.71, suggesting a possible upside of 10.0%. Wedbush has the highest price target set, predicting GLOB will reach $240.00 in the next twelve months. Cowen Inc has the lowest price target set, forecasting a price of $165.00 for Globant in the next year.
View the latest price targets for GLOB.

What is the current consensus analyst rating for Globant?

Globant currently has 4 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe GLOB will outperform the market and that investors should add to their positions of Globant.
View the latest ratings for GLOB.

What other companies compete with Globant?

How do I contact Globant's investor relations team?

Globant's physical mailing address is 37A AVENUE J.F. KENNEDY, Luxembourg N4, L-1855. The information technology services provider's listed phone number is 352-2030-1596 and its investor relations email address is [email protected] The official website for Globant is www.globant.com.