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Globant SA ( (GLOB) ) has shared an update.
On September 30, 2025, Globant S.A.’s board of directors approved a new share repurchase program, allowing up to $50 million per quarter, with a total cap of $125 million, for repurchasing common shares from Q4 2025 to Q4 2026. This initiative, announced on October 1, 2025, is part of Globant’s strategy to enhance shareholder value and is supported by its free cash flow generation. The program reflects Globant’s confidence in its long-term strategy and commitment to investing in strategic growth initiatives, while allowing flexibility in repurchase methods and timing based on market conditions.
The most recent analyst rating on (GLOB) stock is a Buy with a $92.00 price target. To see the full list of analyst forecasts on Globant SA stock, see the GLOB Stock Forecast page.
Spark’s Take on GLOB Stock
According to Spark, TipRanks’ AI Analyst, GLOB is a Neutral.
Globant SA’s overall stock score reflects a strong earnings call performance and solid financial health, offset by bearish technical indicators and a high valuation. The company’s strategic initiatives in AI and partnerships are promising, but current market conditions and valuation concerns weigh on the stock’s attractiveness.
To see Spark’s full report on GLOB stock, click here.
More about Globant SA
Globant S.A. is a leading company in the IT industry, specializing in digital and AI-powered solutions. It offers industry-focused services that combine technology and creativity to accelerate enterprise transformation. The company operates in over 35 countries with more than 30,000 employees, serving clients such as Google, Electronic Arts, and Santander. Globant is recognized as a leader in AI services and media consultation, and it partners with major technology companies like Open AI, NVIDIA, AWS, and Unity.
Average Trading Volume: 1,582,814
Technical Sentiment Signal: Sell
Current Market Cap: $2.64B
For a thorough assessment of GLOB stock, go to TipRanks’ Stock Analysis page.