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UBS Forecasts Stable IT Services Growth for Globant (GLOB) in 2026
Yahoo Finance· 2026-01-30 07:07
Globant S.A. (NYSE:GLOB) ranks among the best high growth European stocks to buy. On January 20, UBS boosted its price target for Globant S.A. (NYSE:GLOB) to $75 from $70 while keeping a Neutral rating on the company’s shares. Globant is expected to report a 6% year-over-year decrease in revenue to $607 million in the fourth quarter of 2025, somewhat higher than the company’s projection of $605 million. UBS predicts that Globant’s adjusted gross margin would fall to 37.8% owing to foreign exchange challe ...