Globant SA logo

Globant SA(GLOB)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$35.49
10/07/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for GLOB

10/07/2026: GLOB (1-star) is currently NOT-A-BUY. Pass it for now.

Globant SA is a global IT services firm specializing in digital transformation, AI, and software engineering. Its main strength lies in a unique 'Studio' organizational model that fosters technical agility, which has historically driven strong revenue growth. The primary investment story centers on its ability to capture enterprise demand for AI-driven transformation and proprietary software products. However, investors must weigh this against risks like revenue concentration in North America, high competition, and the execution complexities of its acquisition-led strategy. Globant is a growth-oriented stock that may suit investors focused on long-term capital appreciation, though they should monitor its margins and M&A integration efficiency.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitGlobant maintains a strong track record of double-digit revenue growth and expansion in high-demand tech sectors.
Momentum investorMixed fitMomentum fit is conditional on positive market sentiment and sustained technical breakouts in the stock price.
Value investorWeak fitThe company typically trades at a premium valuation reflecting its high-growth profile rather than traditional value metrics.
Dividend investorWeak fitGlobant does not currently pay a dividend, focusing capital on growth and reinvestment.
Low-risk investorWeak fitExposure to market volatility and the inherent risks of growth-stage tech companies make it less suitable for low-risk portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighGrowth stocks like GLOB often experience significant price swings based on earnings reports and broader tech sector trends.
Valuation riskMedium / highInvestors pay a premium for growth, which can lead to rapid price corrections if growth targets are missed.
Competition risk (AI and digital services)HighThe sector is highly competitive with major players like Accenture constantly investing in AI capabilities.
Business qualityMedium / highThe firm has a high-quality reputation in digital engineering, though it must scale effectively without losing its agility.
Dividend incomeLow / noneInvestors should not expect income generation from this equity.
Execution riskMediumThe reliance on constant acquisitions requires successful integration to avoid diluting margins or company culture.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit -49.41%
Avg. Invested days 36
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
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 10/07/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
GLOB receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
GLOB has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, solid cash generation (FCF margin 10.6%) is partially offset by negative earnings growth (-37.9%), moderate revenue growth (+1.6%), soft profitability (net margin 4.2%).

Financial Health Rating

★★★★★
GLOB's financial health is supported by solid cash strength, including free-cash-flow generation (10.6% of revenue). Profitability is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is GLOB's strongest growth driver at +18.2% FY2025 versus FY2024 (solid, 4 stars). By comparison, while earnings growth (-37.9%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 131.1% and approximately 88.2% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 2.82% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 10.30%
Brandes Investment Partners & Co 9.26%
Pzena Investment Management, LLC 8.94%
Alyeska Investment Group, L.P. 6.84%
Capital Research & Mgmt Co - Division 3 4.31%

Unit Economics (Per $1K Revenue)

★★★★★
GLOB generates approximately $350 of gross profit, $70 of operating income, and $106 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Soft margins and solid cash conversion support a 3-star rating, while capital efficiency is soft.

Economic Dimensions

★★★★★
Effective Tax Rate: 25.29%

Quantitative Style Profile

★★★★★
GLOB has a liquid profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedSmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.54B USD
Price to earnings Ratio 13.89
1Y Target Price 51.23
Price to earnings Ratio 13.89
1Y Target Price 51.23
Volume (30-day avg) 957.6K shares
Beta 0.97
52 Weeks Range 27.56 - 72.10
Updated Date 10/07/2026
52 Weeks Range 27.56 - 72.10
Updated Date 10/07/2026
Dividends yield (FY) -
Basic EPS (TTM) 2.56

How Company Makes Money

Business areaWhat it includesRetail investor read
Digital Transformation & AI ConsultingCustom software development, AI implementation, and cloud migration services.Globant generates the bulk of its revenue by helping large companies modernize their IT systems and adopt new tech.
Geography: North AmericaRevenue generated from US and Canadian client contracts.North America remains the largest source of revenue, making the company sensitive to US economic cycles.

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 13.89
Forward PE 5.41
Enterprise Value 1.83B
Price to Sales(TTM) 0.63
Enterprise Value 1.83B
Price to Sales(TTM) 0.63
Enterprise Value to Revenue 0.75
Enterprise Value to EBITDA 9.37
Shares Outstanding 43.18M
Shares Floating 38.10M
Shares Outstanding 43.18M
Shares Floating 38.10M
Percent Insiders 2.82
Percent Institutions 131.11

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Globant SA

Exchange NYSE
Headquarters -
IPO Launch date 2014-07-18
Co-founder, Chairman, CEO & President Mr. Martin Migoya
Sector Technology
Industry Information Technology Services
Full time employees 27411
Full time employees 27411

Globant S.A., together with its subsidiaries, provides technology services in the United States, rest of North America, Latin America, Europe, and internationally. The company offers Digital Studio, which integrates artificial intelligence into the software development; GUT Studio, which allows clients to better connect brands; and Enterprise Studio, which leverages technology for streamlined operations and productivity. It also provides AI Industry Studios for the financial services; media, entertainment, sports, and leisure; healthcare and life sciences; CPG, retail, and automotive; gaming and EdTech; airlines; energy, oil, and gas; and high tech and professional services sectors. In addition, the company offers AI Pods, a subscription-based delivery model for AI-powered services; Globant Enterprise AI, an agentic innovation platform; Corporate Hub, which grounds intelligence in how the organization operates; AI Hub, which connects and governs foundation and custom models, continuous evaluation, and optimization; and Agents Hub, which enables autonomous action through the creation and coordination of agents and agentic workflows. Further, it provides GeneXus for enterprise systems evolution; Globant CODA for software development; Navigate Digital Twin for process optimization; Navigate Service Assist for support; and Fusion, for marketing, communications, and advertising, as well as StarMeUp, an employee engagement and talent experience platform; and DaXia, an embedded finance accelerator platform. Globant S.A. has a strategic collaboration with Pharma Mar, S.A. for cancer drug discovery through artificial intelligence; and Viability and Cascadience LLC to launch AI-powered platform for students with disabilities. 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.