Added to YB: 2024-06-03
Pitch date: 2024-04-18
GLOB [bullish]
Globant S.A.
-77.37%
current return
Author Info
No bio for this author
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
$179.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
16.42
EV/Sales
0.84
Sector
IT Services
Category
growth
Harding Loevner Global Equity ADR Composite New Portfolio Holding: Globant S.A.
GLOB: IT consulting firm helping biz adopt AI, 500+ projects (predictive analytics, NLP, computer vision). Clients: Disney, Google, MercadoLibre. 70% LatAm workforce. Sees 16% '23 rev growth vs industry forecast. Expects AI biz app deployment wave post-infra spend. Verticals + AI expertise to drive outperformance as clients allocate more budget to gen AI while balancing other priorities.
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