UBS Forecasts Stable IT Services Growth for Globant (GLOB) in 2026

Group 1 - Globant S.A. is recognized as one of the best high growth European stocks to buy, with UBS raising its price target to $75 from $70 while maintaining a Neutral rating [1] - The company is expected to report a 6% year-over-year decrease in revenue to $607 million for Q4 2025, slightly above its own projection of $605 million [1] - UBS predicts a decline in Globant's adjusted gross margin to 37.8% due to foreign exchange challenges, while the adjusted EBIT margin is expected to rise to 15.3%, surpassing the company's guidance of "at least" 15% [2] Group 2 - UBS forecasts a 1.6% year-over-year growth for Globant in 2026, indicating stabilization in the IT services market without significant improvement since 2025 [3] - The firm sees potential for expansion from new clients such as Riot Games and YPF, but prefers to wait for implementation before making a more positive assessment [3] Group 3 - Globant S.A. specializes in providing digital and cognitive transformation services for businesses, focusing on creating "digitally-native" products and assisting organizations in evolving their technology and business strategies [4]