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Globant SA has a consensus price target of $226.05 based on the ratings of 22 analysts. The high is $275 issued by Citigroup on January 17, 2024. The low is $135 issued by Redburn Atlantic on May 24, 2024. The 3 most-recent analyst ratings were released by Jefferies, JP Morgan, and Deutsche Bank on September 9, 2024, September 6, 2024, and August 22, 2024, respectively. With an average price target of $229 between Jefferies, JP Morgan, and Deutsche Bank, there's an implied 15.33% upside for Globant SA from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Globant (NYSE:GLOB) was reported by Jefferies on September 9, 2024. The analyst firm set a price target for $240.00 expecting GLOB to rise to within 12 months (a possible 20.87% upside). 55 analyst firms have reported ratings in the last year.
The latest analyst rating for Globant (NYSE:GLOB) was provided by Jefferies, and Globant maintained their buy rating.
The last upgrade for Globant SA happened on May 28, 2024 when UBS raised their price target to $230. UBS previously had a neutral for Globant SA.
The last downgrade for Globant SA happened on August 20, 2024 when UBS changed their price target from $225 to $235 for Globant SA.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Globant, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Globant was filed on September 9, 2024 so you should expect the next rating to be made available sometime around September 9, 2025.
While ratings are subjective and will change, the latest Globant (GLOB) rating was a maintained with a price target of $235.00 to $240.00. The current price Globant (GLOB) is trading at is $198.56, which is out of the analyst’s predicted range.
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