-+ 0.00%
-+ 0.00%
-+ 0.00%
Globant Likely To Report Lower Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Share
Listen to the news

Globant S.A. (NYSE:GLOB) will release its third second earnings report after the closing bell on Thursday, Aug. 13.

Analysts expect the Luxembourg-based company to report quarterly earnings of $1.50 per share, down from $1.53 per share in the year-ago period. The consensus estimate for Globant’s quarterly revenue is $612.85 million. It reported $614.18 million last year, according to Benzinga Pro.

On May 18, Globant announced a new $125 million share repurchase program.

Globant shares fell 0.6% to close at $38.74 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Citigroup analyst Bryan Keane maintained a Neutral rating and cut the price target from $42 to $37 on July 27, 2026. This analyst has an accuracy rate of 71%.
  • Wells Fargo analyst Jason Kupferberg maintained an Equal-Weight rating and slashed the price target from $50 to $42 on July 10, 2026. This analyst has an accuracy rate of 53%.
  • TD Cowen analyst Bryan Bergin maintained a Buy rating and cut the price target from $59 to $47 on July 9, 2026. This analyst has an accuracy rate of 55%.
  • Goldman Sachs analyst James Schneider maintained a Neutral rating and lowered the price target from $68 to $60 on May 15, 2026. This analyst has an accuracy rate of 75%.
  • Truist Securities analyst Arvind Ramnani maintained a Hold rating and lowered the price target from $54 to $44 on May 15, 2026. This analyst has an accuracy rate of 51%.

Considering buying GLOB stock? Here’s what analysts think:

Photo via Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending