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GLOBGlobant S.A.Sell4.9·$37.75+2.86%

Globant (GLOB) Q2 2026 earnings — TrendMatrix coverage

MISS-6.5% vs estimateEPS $1.40 vs $1.50 estVerdict Buy (Wait)Hold

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$1.40
Estimate
$1.50
Surprise
-6.5%
Score at report (before → after)
5.85.8/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Report record · Q2 2026

How the report landed

Globant (GLOB) missed the $1.50 estimate with diluted EPS of $1.40 — a clear 6.5% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.8/10) to Hold at 5.8/10 after the report.

Around the report

Coverage in the report window

  • Truist Securities Maintains Hold on Globant, Lowers Price Target to $38benzinga, 2026-08-14
Current read · as of 2026-09-14

Where TrendMatrix's rating stands now

TrendMatrix currently rates GLOB Sell at 4.9/10.

0 of the last 4 quarters beat the estimate; this quarter's -6.5% surprise compares with a -1.9% four-quarter average. Next scheduled report: 2026-11-19.

What argues against it

  • Quality below floor (3.9 < 4.0)
  • Momentum score 2.9/10 — below 4.5 minimum
  • Death cross — 50-day MA below 200-day MA

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$37.75
Price target
$46.43
Stop
$35.11
Upside to target
+23.0%
Reward-to-risk
2.6:1

The stock trades at 14.7× trailing but 6.1× forward earnings — consensus estimates already build in a substantial earnings recovery.

Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.

Technology context

GLOB at TrendMatrix's latest read

Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.

Industry
Information Technology Services
Market cap
$1.63B
P/E (fwd)
6.1
P/E (ttm)
14.7
52-week range
$27.56$72.10
Off 52-week high
47.6%
RSI (14)
43
Volume vs avg
0.97×
Score today
4.9/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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