Globant (GLOB) Expected to Announce Quarterly Earnings on Thursday

Globant (NYSE:GLOB) is anticipated to announce its Q1 2026 results after the market closes on Thursday, May 14th. Analysts expect the company to announce earnings of $1.50 per share and revenue of $601.6550 million for the quarter. Globant has set its Q1 2026 guidance at 1.440-1.540 EPS and its FY 2026 guidance at 6.100-6.500 EPS. Investors may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, May 14, 2026 at 4:30 PM ET.

Globant (NYSE:GLOB) last posted its quarterly earnings results on Thursday, February 26th. The information technology services provider reported $1.54 EPS for the quarter, hitting the consensus estimate of $1.54. The firm had revenue of $612.47 million for the quarter, compared to the consensus estimate of $605.61 million. Globant had a net margin of 4.19% and a return on equity of 9.98%. The business’s revenue was down 4.7% compared to the same quarter last year. During the same period last year, the firm posted $1.75 earnings per share. On average, analysts expect Globant to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Globant Trading Down 4.2%

GLOB stock opened at $35.65 on Wednesday. The company has a market capitalization of $1.56 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 1.37 and a beta of 1.04. Globant has a one year low of $35.63 and a one year high of $142.24. The company’s 50 day moving average price is $45.46 and its two-hundred day moving average price is $56.42. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.64 and a current ratio of 1.64.

Institutional Trading of Globant

A number of hedge funds have recently modified their holdings of the business. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Globant by 618,600.0% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 167,049 shares of the information technology services provider’s stock valued at $10,920,000 after buying an additional 167,022 shares in the last quarter. Invesco Ltd. increased its position in shares of Globant by 56.2% during the 4th quarter. Invesco Ltd. now owns 111,595 shares of the information technology services provider’s stock valued at $7,295,000 after purchasing an additional 40,166 shares during the last quarter. Corient Private Wealth LLC purchased a new stake in shares of Globant during the 4th quarter valued at about $5,809,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Globant during the 4th quarter valued at about $568,000. Finally, Caitlin John LLC increased its holdings in Globant by 127.3% in the 4th quarter. Caitlin John LLC now owns 2,623 shares of the information technology services provider’s stock worth $171,000 after acquiring an additional 1,469 shares in the last quarter. Institutional investors own 91.60% of the company’s stock.

Globant News Roundup

Here are the key news stories impacting Globant this week:

• Negative Sentiment: Multiple law firms announced or promoted securities-fraud class actions against Globant S.A., increasing legal overhang and investor uncertainty. GLOB Investors Have Opportunity to Lead Globant S.A. Securities Fraud Lawsuit
• Negative Sentiment: The lawsuits and deadline reminders could signal potential settlement costs, reputational damage, and continued headline pressure on Globant S.A. INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Globant SA of Class Action Lawsuit and Upcoming Deadlines – GLOB
• Negative Sentiment: Repeated investor-rights notices keep the class action in focus, reinforcing concerns that may be contributing to selling pressure in GLOB. ROSEN, REGARDED INVESTOR COUNSEL, Encourages Globant S.A. Investors to Secure Counsel Before Important Deadline in Securities Class Action – GLOB

Wall Street Analysts Forecast Growth

Several research analysts have commented on GLOB shares. Wells Fargo & Company decreased their price target on shares of Globant from $57.00 to $50.00 and set an “equal weight” rating on the stock in a research note on Friday, March 27th. Mizuho dropped their price target on shares of Globant from $91.00 to $76.00 and set an “outperform” rating for the company in a research report on Tuesday, March 3rd. JPMorgan Chase & Co. lowered their price objective on shares of Globant from $75.00 to $68.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Guggenheim dropped their target price on shares of Globant from $80.00 to $65.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Finally, UBS Group dropped their target price on shares of Globant from $75.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Seven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $72.50.

Globant Company Profile

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.