On May 19, 2025, Goldman Sachs analyst James Schneider issued an update on Globant (GLOB, Financial) with significant changes to its price target while maintaining the existing stock rating. This update comes as part of the firm's routine analysis of the technology and digital consulting services sector.
In his recent analysis, Schneider maintained the "Neutral" rating for Globant (GLOB, Financial), indicating the firm’s position remains unchanged despite adjustments in price expectations. The rating reflects the firm's assessment of Globant's market position, growth potential, and current financial metrics.
However, Goldman Sachs made a substantial revision to its price target for Globant (GLOB, Financial), lowering it from USD 225.00 to USD 120.00. This adjustment represents a 46.67% decrease in the price target, suggesting a reassessment of the company's future earnings potential or market conditions.
Globant (GLOB, Financial), known for its innovative digital consultancy services, continues to attract attention from market analysts as it navigates industry challenges and opportunities. Despite the lowered price target, the consistent "Neutral" rating suggests that investors should carefully monitor future developments and market trends.
The currency for this analysis is in USD, as per the usual reporting standards for Globant (GLOB, Financial) on the NYSE exchange.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Globant SA (GLOB, Financial) is $155.76 with a high estimate of $256.00 and a low estimate of $114.00. The average target implies an upside of 48.34% from the current price of $105.00. More detailed estimate data can be found on the Globant SA (GLOB) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, Globant SA's (GLOB, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Globant SA (GLOB, Financial) in one year is $260.21, suggesting a upside of 147.82% from the current price of $105. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Globant SA (GLOB) Summary page.
