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Added to YB: 2025-09-17

Pitch date: 2025-09-14

GLOB [neutral]

Globant S.A.

+18.65%

current return

Author Info

Edelweiss_Cap works on the buy-side at a Swiss investment fund. Sign up for the newsletter.

Company Info

Globant S.A., together with its subsidiaries, provides technology services worldwide. The company offers studio products comprising AI Studios Network, a network for AI adaptation for media and entertainment, finance, healthcare and life sciences, airlines, sports, automotive, games, hospitality and leisure, edtech, and retail industries; Globant GUT Network, a network that connect brands to end-consumers through marketing; Digital Evolution Network that integrates AI, connected experiences, cybersecurity, data, experiences, quality engineering, robotics, engineering, cloudOps, blockchain, business hacking, cultural hacking and agility, fast code, internet of things, digital twin, payments, and legal AI into the software development lifecycle; and Enterprise Network, a network that provides SAP, servicenow, salesforce, oracle, AWS, adobe, google cloud, Microsoft, and process optimization for streamlined operations and productivity at scale.

Market Cap

$2.8B

Pitch Price

$57.06

Price Target

N/A

Dividend

N/A

EV/EBITDA

8.49

P/E

29.01

EV/Sales

1.28

Sector

IT Services

Category

value

Show full summary:
The Globant Case $GLOB

GLOB (overview): Argentine IT services co revenue grew 15x since 2014 IPO but now facing 74% YTD decline amid sector headwinds. Q2 growth slowed to 4.5%, margins squeezed by AI disruption. Risks: commodity services, fierce competition, $82M annual SBC dilution. Bull case: AI adoption demand, nearshore talent advantage, 7x EBITDA vs historical 79x bubble valuation.

Read full article (14 min)