Added to YB: 2025-09-17
Pitch date: 2025-09-14
GLOB [neutral]
Globant S.A.
-28.79%
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 in the United States, rest of North America, Latin America, Europe, and internationally.
Market Cap
$1.7B
Pitch Price
$57.06
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
16.42
EV/Sales
0.84
Sector
IT Services
Category
value
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)