Overview

• Globant Q3 2025 revenue slightly beats analyst expectations, growing 0.4% yr/yr

• Adjusted EPS for Q3 2025 misses analyst estimates

• Company announced a share repurchase plan as part of capital allocation strategy

Outlook

• Globant estimates Q4 2025 revenue of at least $605 mln

• Company expects FY 2025 revenue of at least $2,447.4 mln, with 1.3% YoY growth

• Globant projects Q4 2025 Non-IFRS Adjusted EPS of at least $1.53

Result Drivers

• AI TRANSFORMATION - Globant's AI projects for top clients in energy, sports, and gaming sectors contributed to Q3 results, per CEO Martín Migoya

• CURRENCY HEADWINDS - Despite currency challenges, Globant increased its adjusted operating margin to 15.5%, says CFO Juan Urthiague

• SHARE REPURCHASE PLAN - Globant announced a share repurchase plan as part of its capital allocation strategy, according to CFO Juan Urthiague

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the it services & consulting peer group is "buy"

• Wall Street's median 12-month price target for Globant SA is $85.00, about 27.3% above its November 12 closing price of $61.77

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nPn7ksSXQa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)