Globant (NYSE:GLOB) Announces Earnings Results

Globant (NYSE:GLOB) posted its earnings results on Thursday. The information technology services provider reported $1.54 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.54, FiscalAI reports. Globant had a net margin of 4.19% and a return on equity of 9.95%. The firm had revenue of $612.47 million during the quarter, compared to analyst estimates of $605.61 million. During the same period in the previous year, the business posted $1.75 EPS. Globant’s revenue was down 4.7% on a year-over-year basis. Globant updated its Q1 2026 guidance to 1.440-1.540 EPS and its FY 2026 guidance to 6.100-6.500 EPS.

Here are the key takeaways from Globant’s conference call:

• AI Pods are scaling quickly — the business reached an exit-rate ARR of $20.6M in 2025 with reported gross margins between 45%–60%, and management is targeting $60M–$100M exit ARR for 2026, which they say should improve overall company margins as adoption grows.
• Record demand and pipeline: Q4 bookings were the highest of the year (up 32.4% YoY), total pipeline stands at $3.4B, AI Pods pipeline rose to $283M (up 34% QoQ), and management expects to return to positive organic revenue growth by mid‑2026 based on these trends.
• Mixed-but-disciplined financials — Q4 revenue was $612.5M (down 4.7% YoY) but the company generated a record Q4 free cash flow of $152.8M, repurchased $50M of shares, ended the year with $250.3M cash, and guided 2026 revenue of $2,460M–$2,510M with adjusted operating margin of 14%–15%.
• Strategic positioning — Globant emphasizes its proprietary Globant Enterprise AI platform, broad hyperscaler and AI partnerships (OpenAI, NVIDIA, AWS, Microsoft, Google, etc.), and an industry-specialized, subscription token model that the company says differentiates it as an “AI-native” technology services provider.

Globant Price Performance

NYSE GLOB traded up $2.78 on Friday, reaching $49.65. The company’s stock had a trading volume of 3,460,561 shares, compared to its average volume of 1,763,371. Globant has a twelve month low of $40.76 and a twelve month high of $151.34. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.93 and a current ratio of 1.93. The firm’s 50 day moving average is $61.31 and its two-hundred day moving average is $62.23. The stock has a market cap of $2.19 billion, a PE ratio of 21.68, a PEG ratio of 5.13 and a beta of 1.19.

More Globant News

Here are the key news stories impacting Globant this week:

• Positive Sentiment: Company issued above‑consensus guidance for FY‑2026 (EPS 6.10–6.50 vs. street ~5.67) and Q1‑2026 (EPS 1.44–1.54 vs. street ~1.33), supporting expectations for margin improvement and growth recovery. Globant Reports 2025 Fourth Quarter Financial Results
• Positive Sentiment: Firm reported record free cash flow despite a revenue decline, a sign of stronger cash generation and balance‑sheet resilience. Record Free Cash Flow Amid Revenue Decline
• Positive Sentiment: Needham trimmed its price target to $60 but kept a Buy rating — the PT implies meaningful upside (~21% from current levels), showing at least one analyst sees room for rerating if execution continues. Needham PT Lowered to $60
• Neutral Sentiment: Q4 results: EPS $1.54 (in line with estimates) and revenue $612.5M (beat ~$605.6M consensus) — mixed topline pressure but no major earnings surprise. MarketBeat Q4 Earnings Summary
• Neutral Sentiment: Earnings call transcript and analyst coverage provide more detail on client demand and margin drivers; useful for investors who want to parse guidance drivers and client dynamics. Earnings Call Transcript
• Negative Sentiment: Canaccord cut its price target to $50 and moved to a Hold, reducing near‑term analyst support and signaling caution about the recovery pace. Benzinga: Canaccord PT Cut
• Negative Sentiment: Revenue was down ~4.7% year‑over‑year and EPS fell from $1.75 a year earlier to $1.54, highlighting that demand softness is still pressuring growth — a key risk if recovery stalls. Zacks: Q4 Earnings Match Estimates

Analyst Upgrades and Downgrades

GLOB has been the subject of a number of recent analyst reports. Canaccord Genuity Group decreased their price objective on Globant from $70.00 to $50.00 and set a “hold” rating for the company in a report on Friday. JPMorgan Chase & Co. reduced their price target on Globant from $75.00 to $68.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. UBS Group reissued a “neutral” rating and set a $75.00 price target on shares of Globant in a report on Monday, January 19th. Wells Fargo & Company upped their price objective on shares of Globant from $61.00 to $68.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. Finally, Needham & Company LLC decreased their target price on shares of Globant from $80.00 to $60.00 and set a “buy” rating for the company in a research report on Friday. Six analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $87.13.

Institutional Trading of Globant

Several institutional investors and hedge funds have recently added to or reduced their stakes in GLOB. T. Rowe Price Investment Management Inc. grew its position in Globant by 618,600.0% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 167,049 shares of the information technology services provider’s stock worth $10,920,000 after buying an additional 167,022 shares during the last quarter. Invesco Ltd. lifted 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 acquiring an additional 40,166 shares during the last quarter. Corient Private Wealth LLC bought a new stake in shares of Globant during the 4th quarter worth $5,809,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of Globant in the 4th quarter worth $568,000. Finally, Caitlin John LLC raised its position in shares of Globant by 127.3% during the fourth quarter. Caitlin John LLC now owns 2,623 shares of the information technology services provider’s stock worth $171,000 after purchasing an additional 1,469 shares during the period. 91.60% of the stock is owned by institutional investors and hedge funds.

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.