Globant (GLOB) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.40
- Estimate
- $1.50
- Surprise
- -6.5%
- Score at report (before → after)
- 5.8 → 5.8/10
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.
How the report landed
Globant (GLOB) missed the $1.50 estimate with adjusted 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.
Coverage in the report window
- Truist Securities Maintains Hold on Globant, Lowers Price Target to $38 — benzinga, 2026-08-14
Where TrendMatrix's rating stands now
TrendMatrix currently rates GLOB Sell at 5.1/10.
0 of the last 4 quarters beat the estimate; this quarter's -6.5% surprise compares with a -0.4% four-quarter average. Next scheduled report: 2026-11-19.
What argues against it
- Target reached (2.3% upside)
- Quality below floor (3.9 < 4.0)
- Reward/Risk 0.1:1 at current price — below 1.5:1 minimum
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.
The levels TrendMatrix's engine tracks
- Current price
- $45.77
- Price target
- $46.80
- Stop
- $42.57
- Upside to target
- +2.3%
- Reward-to-risk
- 0.1:1
The stock trades at 18.7× trailing but 7.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 74 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-11-03 — shown for context, not personalized investment advice.
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
- $2.06B
- P/E (fwd)
- 7.8
- P/E (ttm)
- 18.7
- 52-week range
- $27.56–$72.10
- Off 52-week high
- 36.5%
- RSI (14)
- 74
- Volume vs avg
- 1.33×
- Score today
- 5.1/10