Globant: Thoroughly Discounted For A 2026 Rebound
Source: SeekingAlpha
2025-05-19 07:00:00 ET
Summary
- GLOB faces near-zero growth in 2025 due to macro headwinds and delayed IT spending, but this slowdown is sector-wide, not company-specific.
- Management is guiding conservatively, yet a strong pipeline and new AI subscription model could drive a 2026 rebound and high-teens growth by 2027.
- Valuation has reset after the recent selloff; at 0.9x PEG, downside appears limited, and upside could be significant if growth resumes as forecast.
- I rate GLOB a buy: strong free cash flow, balance sheet improvement, and discounted valuation position the stock well for a 2026 recovery.
Introduction
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Globant: Thoroughly Discounted For A 2026 Rebound
Globant S.A.
NASDAQ: GLOB
GLOB Trading
14.78% G/L:
$38.36 Last:
4,362,923 Volume:
$37.45 Open:
GLOB Latest News
GLOB Stock Data
$2,650,661,680
43,164,647
N/A
116
N/A
Software & IT Services
Technology
LU
Luxembourg
