Stock Price & Analysis

Based on the current pre-market percentage change of +1.50% and analyst ratings, GLOB stock is showing positive momentum. With a price target of $177 from BofA and a Neutral rating, it may be a good time to buy.

GLOB stock is predicted to reach $190 by 2025, driven by strong revenue growth and margin expansion despite macroeconomic risks. Analysts have lowered targets citing emerging market risks.

The S1 support level for GLOB Stock is $130.71 ,The R1 resistant level for GLOB Stock is $147.89.

As of the end of day on 2025-03-17, the price of GLOB Stock was $133.99.

The target price for GLOB Stock according to analyst rating is 217.86, with the highest price target at 256.00 and the lowest at 150.00. Analysts have a Moderate Buy rating on GLOB Stock overall.

The market cap of GLOB is $5.9B.

GLOB may be overvalued based on its high valuation multiples and mixed analyst sentiment. Here's a concise analysis:

1. Valuation Metrics: GLOB's EV/EBITDA of 24.19 and P/S ratio of 7% suggest a premium valuation compared to industry peers, indicating potential overvaluation.

2. Financial Performance: While revenue grew to $2.4B in 2024, net income of $169M reflects a 7% net margin, lower than some competitors.

3. Technical Analysis: The stock is in oversold territory with an RSI of 19, and MACD signals bearish momentum. Support levels are around $115.

4. Analyst Sentiment: Mixed, with some price target cuts but also upgrades. The average target of $165 suggests downside risk.

In conclusion, GLOB appears overvalued due to high multiples, lower profitability, and bearish technical trends. Investors should exercise caution.

Globant S.A. is a digitally native technology services company. The Company’s principal operating subsidiary is based in Buenos Aires, Argentina. During the year ended December 31, 2015, 83.7% of its revenues were generated by clients in North America, 11.0% in Latin America and Asia, and 5.3% in Europe. It builds digital journeys, which consists of different software products, including mobile apps, Web apps, sensors and other software and hardware appliances that work orchestrated by a backend that uses big data and fast data to create a understanding of each consumer and how to act upon each scenario. The Company delivers digital journeys with a comprehensive approach that includes Stay Relevant, which helps its customers stay fit for the future of their industries; Discover, which think and conceive specific digital journeys for each customer; Build, which creates each digital journey leveraging the work of its Studios, its services over platforms and its agile pods methodologies.

GLOB stock is predicted to reach $267 by 2030, driven by its strong position in digital transformation and expansion into new markets. The company's focus on AI and cloud services, along with its diversified portfolio, supports long-term growth. Current analyst targets and financial performance indicate a bullish outlook.

GLOB has a total of 29150 employees.