Globant (GLOB) Set to Release Quarterly Earnings on Thursday

Globant (NYSE:GLOB) will likely be announcing its Q3 2026 results after the market closes on Thursday, November 12th. Analysts expect Globant to post earnings of $1.48 per share and revenue of $610.95 million for the quarter. Globant has set its FY 2026 guidance at 5.750-6.150 EPS and its Q3 2026 guidance at 1.430-1.430 EPS. Parties can check the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 12, 2026 at 4:30 PM ET.

Globant (NYSE:GLOB) last released its quarterly earnings data on Thursday, August 13th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by ($0.10). The firm had revenue of $614.42 million for the quarter, compared to analysts’ expectations of $612.86 million. Globant had a return on equity of 9.28% and a net margin of 4.63%. Globant’s revenue for the quarter was up .0% on a year-over-year basis. During the same period last year, the firm posted $1.53 earnings per share. On average, analysts expect Globant to post $4.57 EPS for the current fiscal year and $4.80 EPS for the next fiscal year.

Globant Stock Performance

Shares of GLOB stock opened at $48.03 on Thursday. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.19. The firm has a fifty day moving average price of $39.12 and a 200 day moving average price of $42.09. The company has a market cap of $2.11 billion, a P/E ratio of 18.83, a PEG ratio of 5.82 and a beta of 0.86. Globant has a 12 month low of $27.56 and a 12 month high of $72.10.

Insider Activity at Globant

In related news, CTO Diego Tartara sold 6,000 shares of the stock in a transaction on Friday, August 28th. The shares were sold at an average price of $40.45, for a total value of $242,700.00. Following the transaction, the chief technology officer directly owned 72,320 shares of the company’s stock, valued at $2,925,344. This trade represents a 7.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CRO Fernando Matzkin sold 2,500 shares of Globant stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $40.00, for a total transaction of $100,000.00. Following the sale, the executive owned 71,608 shares in the company, valued at $2,864,320. This represents a 3.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 14,500 shares of company stock valued at $585,400 in the last ninety days. Insiders own 2.67% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Susquehanna decreased their price target on Globant from $78.00 to $70.00 and set a “positive” rating for the company in a report on Friday, August 14th. Truist Financial dropped their price objective on Globant from $44.00 to $38.00 and set a “hold” rating on the stock in a report on Friday, August 14th. Needham & Company LLC cut their target price on Globant from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Canaccord Genuity Group set a $35.00 target price on Globant in a research report on Friday, August 14th. Finally, The Goldman Sachs Group decreased their target price on Globant from $60.00 to $52.00 and set a “neutral” rating for the company in a research note on Friday, August 14th. Five investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $45.75.

About Globant

Globant SA is a digitally native technology services company that helps organizations develop, modernize and operate digital products and experiences. Its services include software engineering, cloud computing, data and artificial intelligence, enterprise application modernization, cybersecurity, user experience design, and digital transformation consulting.

The company serves clients across industries including financial services, media and entertainment, healthcare, retail, travel and hospitality, and consumer products.