(GLOB) Globant - Overview
Stock: AI Studios, GUT Network, Digital Evolution, Enterprise Network, Code Platforms
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 55.3% |
| Relative Tail Risk | -7.84% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.80 |
| Alpha | -94.54 |
| Character TTM | |
|---|---|
| Beta | 1.598 |
| Beta Downside | 1.651 |
| Drawdowns 3y | |
|---|---|
| Max DD | 77.73% |
| CAGR/Max DD | -0.37 |
Description: GLOB Globant January 10, 2026
Globant S.A. (NYSE:GLOB) is a Luxembourg-based technology services firm that operates globally through a suite of specialized “networks.” Its AI Studios Network delivers industry-specific AI models for media, finance, healthcare, automotive, gaming, hospitality, edtech, and retail. The GUT Network links brands to consumers via marketing-tech solutions, while the Digital Evolution Network embeds capabilities such as cybersecurity, cloud-Ops, blockchain, IoT, digital twins, and legal AI directly into the software development lifecycle. The Enterprise Network focuses on large-scale process optimization using platforms like SAP, ServiceNow, Salesforce, Oracle, AWS, Adobe, Google Cloud, and Microsoft.
Beyond these networks, Globant offers a portfolio of proprietary platforms: Augoor (code-intelligence), MagnifAI (end-to-end QA), StarMeUp (behavior-science culture tool), DaXia (financial-product accelerator), GeneXus (low-code development), Globant Enterprise AI (private LLM-based solutions), and Navigate (process-intelligence and incident-management). These assets are positioned to lock in recurring revenue through subscription and usage-based pricing.
From a financial standpoint, Globant reported FY 2023 revenue of **$1.86 billion**, up **23% YoY**, driven by a 28% increase in its Digital Evolution Network bookings. Gross margin expanded to **38%**, reflecting higher-margin AI and cloud services, while operating cash flow turned positive at **$210 million**, indicating improving free-cash-flow generation. The company’s client concentration remains moderate, with the top ten customers accounting for roughly **15%** of total revenue, reducing single-client risk.
Key macro drivers for Globant include the accelerating corporate spend on AI and cloud transformation (global IT services market projected to grow at **8–9% CAGR** through 2027) and the shift toward near-shoring software development, which benefits firms with strong delivery hubs in Latin America. Additionally, rising demand for low-code/no-code platforms and AI-augmented development tools aligns with Globant’s GeneXus and Enterprise AI offerings, potentially expanding its addressable market.
For a deeper, data-driven assessment of Globant’s valuation and risk profile, you may find it useful to explore the analyst tools available on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 99.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -1.33 > 1.0 |
| NWC/Revenue: 18.49% < 20% (prev 10.50%; Δ 7.99% < -1%) |
| CFO/TA 0.08 > 3% & CFO 254.8m > Net Income 99.8m |
| Net Debt (319.2m) to EBITDA (324.0m): 0.99 < 3 |
| Current Ratio: 1.93 > 1.5 & < 3 |
| Outstanding Shares: last quarter (45.6m) vs 12m ago 2.58% < -2% |
| Gross Margin: 34.55% > 18% (prev 0.36%; Δ 3419 % > 0.5%) |
| Asset Turnover: 79.58% > 50% (prev 81.20%; Δ -1.62% > 0%) |
| Interest Coverage Ratio: 4.74 > 6 (EBITDA TTM 324.0m / Interest Expense TTM 38.7m) |
Altman Z'' 3.06
| A: 0.14 (Total Current Assets 951.4m - Total Current Liabilities 492.0m) / Total Assets 3.35b |
| B: 0.28 (Retained Earnings 924.2m / Total Assets 3.35b) |
| C: 0.06 (EBIT TTM 183.7m / Avg Total Assets 3.12b) |
| D: 0.83 (Book Value of Equity 911.1m / Total Liabilities 1.10b) |
| Altman-Z'' Score: 3.06 = A |
Beneish M -2.93
| DSRI: 1.01 (Receivables 737.0m/692.0m, Revenue 2.48b/2.35b) |
| GMI: 1.04 (GM 34.55% / 36.01%) |
| AQI: 1.10 (AQ_t 0.64 / AQ_t-1 0.58) |
| SGI: 1.06 (Revenue 2.48b / 2.35b) |
| TATA: -0.05 (NI 99.8m - CFO 254.8m) / TA 3.35b) |
| Beneish M-Score: -2.93 (Cap -4..+1) = A |
What is the price of GLOB shares?
Over the past week, the price has changed by -10.24%, over one month by -14.34%, over three months by +2.09% and over the past year by -72.37%.
Is GLOB a buy, sell or hold?
- StrongBuy: 8
- Buy: 6
- Hold: 10
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the GLOB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 85.3 | 42.1% |
| Analysts Target Price | 85.3 | 42.1% |
| ValueRay Target Price | 43.8 | -27.1% |
GLOB Fundamental Data Overview February 02, 2026
P/E Forward = 10.661
P/S = 1.1857
P/B = 1.3419
P/EG = 2.2169
Revenue TTM = 2.48b USD
EBIT TTM = 183.7m USD
EBITDA TTM = 324.0m USD
Long Term Debt = 351.9m USD (from longTermDebt, last quarter)
Short Term Debt = 45.6m USD (from shortTermDebt, last quarter)
Debt = 474.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 319.2m USD (from netDebt column, last quarter)
Enterprise Value = 3.27b USD (2.95b + Debt 474.1m - CCE 154.9m)
Interest Coverage Ratio = 4.74 (Ebit TTM 183.7m / Interest Expense TTM 38.7m)
EV/FCF = 14.15x (Enterprise Value 3.27b / FCF TTM 230.8m)
FCF Yield = 7.07% (FCF TTM 230.8m / Enterprise Value 3.27b)
FCF Margin = 9.29% (FCF TTM 230.8m / Revenue TTM 2.48b)
Net Margin = 4.01% (Net Income TTM 99.8m / Revenue TTM 2.48b)
Gross Margin = 34.55% ((Revenue TTM 2.48b - Cost of Revenue TTM 1.63b) / Revenue TTM)
Gross Margin QoQ = 30.12% (prev 35.44%)
Tobins Q-Ratio = 0.98 (Enterprise Value 3.27b / Total Assets 3.35b)
Interest Expense / Debt = 2.11% (Interest Expense 10.0m / Debt 474.1m)
Taxrate = 29.41% (14.2m / 48.4m)
NOPAT = 129.7m (EBIT 183.7m * (1 - 29.41%))
Current Ratio = 1.93 (Total Current Assets 951.4m / Total Current Liabilities 492.0m)
Debt / Equity = 0.22 (Debt 474.1m / totalStockholderEquity, last quarter 2.17b)
Debt / EBITDA = 0.99 (Net Debt 319.2m / EBITDA 324.0m)
Debt / FCF = 1.38 (Net Debt 319.2m / FCF TTM 230.8m)
Total Stockholder Equity = 2.08b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.19% (Net Income 99.8m / Total Assets 3.35b)
RoE = 4.80% (Net Income TTM 99.8m / Total Stockholder Equity 2.08b)
RoCE = 7.56% (EBIT 183.7m / Capital Employed (Equity 2.08b + L.T.Debt 351.9m))
RoIC = 5.35% (NOPAT 129.7m / Invested Capital 2.42b)
WACC = 10.38% (E(2.95b)/V(3.42b) * Re(11.81%) + D(474.1m)/V(3.42b) * Rd(2.11%) * (1-Tc(0.29)))
Discount Rate = 11.81% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.82%
[DCF Debug] Terminal Value 70.22% ; FCFF base≈233.9m ; Y1≈238.1m ; Y5≈261.4m
Fair Price DCF = 63.72 (EV 3.13b - Net Debt 319.2m = Equity 2.81b / Shares 44.1m; r=10.38% [WACC]; 5y FCF grow 1.62% → 2.90% )
EPS Correlation: 80.49 | EPS CAGR: 10.01% | SUE: -0.63 | # QB: 0
Revenue Correlation: 94.96 | Revenue CAGR: 13.82% | SUE: 0.47 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.49 | Chg30d=-0.005 | Revisions Net=-2 | Analysts=14
EPS next Year (2026-12-31): EPS=6.30 | Chg30d=-0.008 | Revisions Net=-2 | Growth EPS=+3.5% | Growth Revenue=+1.6%