On July 17, 2025, Deutsche Bank, under the analysis of Bryan Keane, reinstated its coverage on Globant (GLOB, Financial) with a "Hold" rating. This announcement marks the re-evaluation of the stock, where previously no rating was provided. The decision is part of Deutsche Bank's continuous monitoring and reporting on the tech services company.
Alongside the rating, Deutsche Bank has set a price target of $87.00 USD on Globant (GLOB, Financial), which indicates their assessment of the stock's performance potential in the current market environment. Prior to this announcement, there was no established price target for the stock from Deutsche Bank.
Globant (GLOB, Financial), listed on the NYSE, continues to be under the scrutiny of analysts who are keenly observing its market movements and business outlook. Investors and stakeholders will be keen to watch the implications of Deutsche Bank's reinstated coverage and price target on their investment strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Globant SA (GLOB, Financial) is $128.48 with a high estimate of $180.00 and a low estimate of $97.00. The average target implies an upside of 48.37% from the current price of $86.59. More detailed estimate data can be found on the Globant SA (GLOB) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Globant SA's (GLOB, Financial) average brokerage recommendation is currently 2.2, 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 $235.82, suggesting a upside of 172.34% from the current price of $86.59. 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.
