GLOB official logo GLOB
GLOB 1-star rating from Upturn Advisory
Globant SA (GLOB) company logo

Globant SA (GLOB)

Globant SA (GLOB) 1-star rating from Upturn Advisory
$68.74
Last Close (24-hour delay)
Profit since last BUY6.41%
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Upturn Advisory Summary

12/09/2025: GLOB (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

4 star rating from financial analysts

24 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $84.33

1 Year Target Price $84.33

Analysts Price Target For last 52 week
$84.33 Target price
52w Low $54.36
Current$68.74
52w High $229.81

Analysis of Past Performance

Type Stock
Historic Profit -34.23%
Avg. Invested days 34
Today’s Advisory Consider higher Upturn Star rating
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Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/09/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.05B USD
Price to earnings Ratio 31.58
1Y Target Price 84.33
Price to earnings Ratio 31.58
1Y Target Price 84.33
Volume (30-day avg) 24
Beta 1.24
52 Weeks Range 54.36 - 229.81
Updated Date 12/9/2025
52 Weeks Range 54.36 - 229.81
Updated Date 12/9/2025
Dividends yield (FY) -
Basic EPS (TTM) 2.19

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-13
When After Market
Estimate 1.55
Actual 1.53

Profitability

Profit Margin 4.01%
Operating Margin (TTM) 9.76%

Management Effectiveness

Return on Assets (TTM) 3.97%
Return on Equity (TTM) 4.79%

Valuation

Trailing PE 31.58
Forward PE 9.47
Enterprise Value 3437048546
Price to Sales(TTM) 1.23
Enterprise Value 3437048546
Price to Sales(TTM) 1.23
Enterprise Value to Revenue 1.38
Enterprise Value to EBITDA 20.43
Shares Outstanding 44053708
Shares Floating 40038004
Shares Outstanding 44053708
Shares Floating 40038004
Percent Insiders 2.2
Percent Institutions 107.46

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Globant SA

Globant SA(GLOB) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Globant SA was founded in 2003 by Martu00edn Migoya, Guibert Englebienne, Diego Sileo, and Horacio Fernu00e1ndez. It started as a software development company focused on providing digital transformation services. Key milestones include its IPO on the New York Stock Exchange (NYSE) in 2014, significant acquisitions to expand its service offerings and geographic reach, and consistent growth in revenue and client base. Globant has evolved into a leading digital transformation, design, and engineering company.

Company business area logo Core Business Areas

  • Digital Transformation: Globant helps businesses reimagine their operations and customer experiences through digital solutions. This includes cloud migration, data analytics, AI implementation, and enterprise resource planning (ERP) systems.
  • Product Engineering: The company designs and develops innovative digital products and platforms for its clients, focusing on user experience, scalability, and cutting-edge technologies.
  • AI & Data Analytics: Leveraging artificial intelligence and advanced data analytics, Globant enables clients to derive actionable insights from their data, optimize processes, and create personalized customer journeys.
  • Cloud Services: Globant provides comprehensive cloud solutions, including strategy, migration, implementation, and management of cloud infrastructure and applications across major cloud platforms.
  • Customer Experience (CX) & Design: Focuses on creating engaging and intuitive digital experiences for customers, incorporating user-centered design principles and service design methodologies.

leadership logo Leadership and Structure

Globant is led by a seasoned executive team. Martu00edn Migoya serves as the CEO. The company operates with a decentralized structure, empowering its regional leaders and studios to foster innovation and client relationships globally.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Digital Transformation Services: Globant offers a broad suite of digital transformation services encompassing strategy, design, development, and implementation of digital solutions. Market share in this segment is highly fragmented, with competitors like Accenture, IBM, Deloitte, and Tata Consultancy Services. Specific revenue for this segment is not publicly broken down, but it forms the core of Globant's business. Competitors: Accenture (ACN), IBM (IBM), Deloitte, Tata Consultancy Services, Infosys (INFY).
  • AI & Data Engineering Solutions: Specialized services in AI, machine learning, and big data analytics. This is a rapidly growing segment, with Globant competing against specialized AI firms and larger IT service providers. Competitors: Google (GOOGL), Microsoft (MSFT), Amazon (AMZN) (cloud AI services), Palantir Technologies (PLTR), and other IT consultancies.
  • Product Development & Engineering: End-to-end product development services for digital products. The market is competitive, with many software development outsourcing firms. Competitors: EPAM Systems (EPAM), Luxoft Holding (now part of DXC Technology), Cognizant (CTSH).

Market Dynamics

industry overview logo Industry Overview

The digital transformation and IT services industry is characterized by robust growth driven by the increasing adoption of cloud computing, AI, data analytics, and the ongoing need for businesses to modernize their operations and customer engagement strategies. The market is competitive and dynamic, with a constant demand for specialized skills and innovative solutions.

Positioning

Globant is positioned as a specialized digital transformation and engineering partner for leading global brands. Its competitive advantages lie in its deep expertise in emerging technologies, its agile and human-centered approach to digital innovation, its strong focus on engineering excellence, and its ability to build long-term client relationships. It differentiates itself by focusing on 'beyond digital' transformation, emphasizing the impact on business outcomes.

Total Addressable Market (TAM)

The global IT services market, which includes digital transformation, is valued in hundreds of billions of dollars and is projected to continue growing significantly. Globant is well-positioned to capture a share of this TAM by focusing on its core strengths in digital engineering and innovation, particularly for enterprise-level clients seeking to enhance their digital capabilities and customer experiences.

Upturn SWOT Analysis

Strengths

  • Strong expertise in digital transformation and emerging technologies (AI, Cloud, Data Analytics).
  • Reputation for engineering excellence and innovation.
  • Global delivery capabilities with a strong presence in Latin America and growing footprint in North America and Europe.
  • Long-term relationships with major global clients.
  • Agile and human-centered approach to client solutions.
  • Talented and skilled workforce.

Weaknesses

  • Reliance on a few large clients for a significant portion of revenue.
  • Intense competition from larger, more established IT services firms.
  • Potential challenges in scaling rapidly while maintaining quality.
  • Geopolitical risks in regions where it has a significant operational presence.

Opportunities

  • Increasing demand for AI and machine learning solutions.
  • Growing adoption of cloud technologies across industries.
  • Expansion into new verticals and emerging markets.
  • Strategic acquisitions to broaden service offerings and market reach.
  • Leveraging remote work trends to access a wider talent pool.
  • Partnerships with technology providers to enhance service delivery.

Threats

  • Economic slowdowns impacting IT spending.
  • Intensifying competition leading to pricing pressures.
  • Rapid technological changes requiring continuous upskilling.
  • Cybersecurity threats and data breaches.
  • Talent acquisition and retention challenges in a competitive market.
  • Regulatory changes and compliance requirements.

Competitors and Market Share

Key competitor logo Key Competitors

  • Accenture (ACN)
  • Infosys (INFY)
  • Tata Consultancy Services
  • Capgemini SE (CAPP.PA)
  • EPAM Systems (EPAM)

Competitive Landscape

Globant's advantage lies in its specialized focus on digital transformation and engineering, often engaging with clients on more complex and innovative projects. It competes with larger, more diversified IT service providers and smaller, niche players. Its strengths in agile methodologies and a strong engineering culture are key differentiators. However, it faces challenges from the scale and broad service portfolios of giants like Accenture and Infosys.

Major Acquisitions

Woven

  • Year: 2021
  • Acquisition Price (USD millions): 77
  • Strategic Rationale: To strengthen Globant's capabilities in experience design and digital marketing in the United States.

Ataccama

  • Year: 2021
  • Acquisition Price (USD millions): 150
  • Strategic Rationale: To enhance its data, AI, and cloud offerings, particularly in data governance and master data management.

Gartner Digital Markets business (for its cloud consulting practice)

  • Year: 2022
  • Acquisition Price (USD millions): 78
  • Strategic Rationale: To expand its presence and capabilities in the cloud consulting space, particularly within Europe.

Growth Trajectory and Initiatives

Historical Growth: Globant has a strong track record of consistent revenue growth, driven by organic expansion and strategic acquisitions. The company has successfully navigated market shifts and maintained its growth momentum.

Future Projections: Analyst estimates project continued revenue growth for Globant in the coming years, driven by its strong market position in digital transformation, AI, and cloud services. Growth is expected to be supported by increasing demand for digital solutions and Globant's expanding client base.

Recent Initiatives: Recent initiatives include expanding its AI and data analytics capabilities, strengthening its presence in key markets through acquisitions, and investing in talent development to stay ahead of technological trends.

Summary

Globant SA is a strong player in the digital transformation and engineering services market, demonstrating consistent revenue growth and solid profitability. Its focus on innovation, AI, and cloud services positions it well for future expansion. However, it faces intense competition and the need to continuously adapt to evolving technological landscapes. Strategic acquisitions and a commitment to talent development are crucial for maintaining its competitive edge.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Globant SA Investor Relations (Annual Reports, SEC Filings)
  • Financial News Websites (e.g., Bloomberg, Reuters)
  • Market Research Reports (Industry Overviews, TAM estimations)
  • Analyst Reports

Disclaimers:

This JSON output is for informational purposes only and does not constitute financial advice. Market share data is an estimation based on publicly available information and industry analysis and may not reflect precise current market positions. Financial figures are based on reported data and may be subject to change or revision. Investors should conduct their own due diligence before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Globant SA

Exchange NYSE
Headquaters -
IPO Launch date 2014-07-18
Co-founder, Chairman, CEO & President Mr. Martin Migoya
Sector Technology
Industry Information Technology Services
Full time employees 29020
Full time employees 29020

Globant S.A., together with its subsidiaries, provides technology services worldwide. The company offers studio products comprising AI Studios Network, a network for AI adaptation for media and entertainment, finance, healthcare and life sciences, airlines, sports, automotive, games, hospitality and leisure, edtech, and retail industries; Globant GUT Network, a network that connect brands to end-consumers through marketing; Digital Evolution Network that integrates AI, connected experiences, cybersecurity, data, experiences, quality engineering, robotics, engineering, cloudOps, blockchain, business hacking, cultural hacking and agility, fast code, internet of things, digital twin, payments, and legal AI into the software development lifecycle; and Enterprise Network, a network that provides SAP, servicenow, salesforce, oracle, AWS, adobe, google cloud, Microsoft, and process optimization for streamlined operations and productivity at scale. It also provides Augoor, a code intelligence platform used to explore, navigate, and understand code bases; MagnifAI, a quality assurance platform for software testing at every stage of business; StarMeUp, a behavioral science-based solution to create culture; DaXia, an accelerator platform used to embed financial products and services to any digital ecosystem; GeneXus, a low-code software development platform that automates software creation, maintenance, and evolution; Globant Enterprise AI, a platform that develops private AI solutions, while connecting companies to all LLMs; and Navigate, a process intelligence platform for business operations and incident management. 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.