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- $1.2BMarket Cap
- -66.10%1-Year Change
- Information Technology ServicesIndustry
Globant (GLOB)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 46
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Class action lawsuits have been filed against LKQ Corporation, Regencell Bioscience Holdings Limited, and Globant S.A. The complaints allege that defendants made materially false and misleading statements and failed to disclose material adverse facts about their businesses. LKQ faced issues with FinishMaster losing major customers post-acquisition, Regencell was vulnerable to market manipulation, and Globant faced decreasing demand in Latin America with frozen wages.
06/22/2026, 10:53 AM • GlobeNewswire
The Schall Law Firm is seeking lead plaintiffs for a securities fraud class action lawsuit against Globant S.A. (NYSE: GLOB) for investors who purchased shares between February 15, 2024 and August 14, 2025. The lawsuit alleges the company made false and misleading statements regarding its Latin American pivot strategy, which failed due to declined demand and project cancellations, while simultaneously freezing wages in the region.
06/22/2026, 9:46 AM • GlobeNewswire
Rosen Law Firm is encouraging Globant S.A. investors who purchased stock between February 15, 2024 and August 14, 2025 to join a securities class action lawsuit. The lawsuit alleges that Globant misrepresented the success of its $1 billion Latin American strategic pivot, when in reality the company faced declining demand, client defections, project cancellations, and employee wage freezes in Mexico and Argentina. The lead plaintiff deadline is June 23, 2026.
06/21/2026, 12:44 PM • GlobeNewswire
A federal securities class action has been filed against Globant S.A. for allegedly making false and misleading statements about its Latin American operations. The lawsuit covers investors who purchased GLOB stock between February 15, 2024 and August 14, 2025. On August 14, 2025, Globant disclosed mixed Q2 results, a 2% headcount reduction (1,000 employees), and a $47.6 million restructuring charge, causing the stock to drop from $78.12 to $66.46 per share. The deadline to seek lead plaintiff appointment is June 23, 2026.
06/20/2026, 8:30 AM • GlobeNewswire
A class action lawsuit has been filed against Globant S.A. alleging that the company made materially false and misleading statements regarding its Latin American operations. The complaint claims Globant's 'Latin American pivot' was unsuccessful, with the company experiencing declining demand, client defections, and project cancellations. Additionally, the company allegedly froze employee wages in Mexico and Argentina, contradicting claims of being a market leader and employer of choice in the region.
06/19/2026, 12:00 PM • GlobeNewswire
Nasdaq 100 Rallies, Oil Sinks To $75 On Iran Peace Deal: Stock Market Today
U.S. stocks rebounded Thursday with the Nasdaq 100 leading gains on a semiconductor rally fueled by an Intel-Apple chip manufacturing partnership. Oil prices tumbled 2.2% to $75/barrel following a U.S.-Iran peace deal and Strait of Hormuz reopening. The S&P 500 rose 1.2% while the Russell 2000 fell 0.7% amid mixed market performance.
06/18/2026, 12:33 PM • Benzinga
A class action lawsuit has been filed against Globant S.A. alleging that the company made materially false and misleading statements regarding its Latin American operations. The complaint claims Globant's Latin American pivot was unsuccessful, with declining demand and client defections, while the company froze employee wages in Mexico and Argentina, contradicting claims of being a market leader and employer of choice.
06/16/2026, 12:00 PM • GlobeNewswire
A securities class action lawsuit has been filed against Globant S.A. for allegedly making false and misleading statements about its Latin American operations. The company disclosed significant failures on August 14, 2025, announcing a 2% headcount reduction (1,000 employees) and a $47.6 million restructuring charge, causing the stock to drop from $78.12 to $66.46 per share in a single day. Investors who purchased GLOB stock between February 15, 2024 and August 14, 2025 may be eligible to participate in the class action, with a June 23, 2026 deadline to seek lead plaintiff appointment.
06/13/2026, 8:30 AM • GlobeNewswire
Globant S.A. (GLOB) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
A securities fraud class action lawsuit has been filed against Globant S.A., alleging that the company failed to disclose decreasing demand in Latin America, wage freezes in Argentina and Mexico, and client project cancellations between February 2024 and August 2025. Investors who suffered losses can participate as lead plaintiffs by June 23, 2026.
06/12/2026, 3:50 PM • Benzinga
Rosen Law Firm is soliciting investors who purchased Globant S.A. (NYSE: GLOB) stock between February 15, 2024 and August 14, 2025 to join a securities class action lawsuit. The lawsuit alleges that Globant misrepresented the success of its $1 billion Latin American strategic pivot, while the company actually faced declining demand, client defections, project cancellations, and employee wage freezes in the region. The lead plaintiff deadline is June 23, 2026.
06/11/2026, 3:59 PM • GlobeNewswire
The Schall Law Firm is seeking investors who purchased Globant S.A. securities between February 15, 2024 and August 14, 2025 to join a class action lawsuit alleging securities fraud. The complaint claims Globant made false and misleading statements about its 'Latin American pivot' strategy, which failed due to declined demand and project cancellations, while simultaneously freezing wages in Latin American countries that impacted employee morale and client service.
06/11/2026, 2:48 AM • Benzinga
The DJS Law Group has filed a class action lawsuit against Globant S.A. (NYSE: GLOB) for securities law violations under the Securities Exchange Act of 1934. The lawsuit alleges that Globant made false and misleading statements regarding its 'Latin American pivot' strategy, which failed to achieve the success the company claimed. The class period spans from February 15, 2024 to August 14, 2025, with a deadline of June 23, 2026 for shareholders to join the case.
06/11/2026, 1:40 AM • Benzinga
A class action lawsuit has been filed against Globant S.A. (GLOB) for allegedly making materially false statements about its business operations during the period from February 15, 2024 to August 14, 2025. The company failed to disclose decreasing demand in Latin America, wage freezes, and client project cancellations. The stock declined significantly following three negative announcements in February, May, and August 2025, with cumulative losses exceeding 65%. The deadline to file a lead plaintiff motion is June 23, 2026.
06/10/2026, 12:59 PM • GlobeNewswire
Pomerantz Law Firm has filed class action lawsuits against zSpace, Inc., Globant SA, and POET Technologies Inc. for alleged securities fraud. The zSpace lawsuit alleges the company failed to disclose material information about preferred shareholders and litigation risks in its IPO registration statement filed in December 2024. Investors have until June 22, 2026, to request Lead Plaintiff status.
06/09/2026, 12:55 PM • GlobeNewswire
A class action lawsuit has been filed against Globant S.A. alleging that the company made materially false and misleading statements regarding its Latin American operations. The complaint claims Globant's 'Latin American pivot' was unsuccessful, with declining demand and client defections, while the company froze employee wages in Mexico and Argentina despite claiming to be a market leader and employer of choice in the region.
06/05/2026, 12:00 PM • GlobeNewswire
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MoreInformation as of 06/22/2026
Company Profile
Globant S.A., together with its subsidiaries, provides technology services in the United States, rest of North America, Latin America, Europe, and internationally. The company offers Digital Studio, which integrates artificial intelligence into the software development; GUT Studio, which allows clients to better connect brands; and Enterprise Studio, which leverages technology for streamlined operations and productivity. It also provides AI Industry Studios for the financial services; media, entertainment, sports, and leisure; healthcare and life sciences; CPG, retail, and automotive; gaming and EdTech; airlines; energy, oil, and gas; and high tech and professional services sectors. In addition, the company offers AI Pods, a subscription-based delivery model for AI-powered services; Globant Enterprise AI, an agentic innovation platform; Corporate Hub, which grounds intelligence in how the organization operates; AI Hub, which connects and governs foundation and custom models, continuous evaluation, and optimization; and Agents Hub, which enables autonomous action through the creation and coordination of agents and agentic workflows. Further, it provides GeneXus for enterprise systems evolution; Globant CODA for software development; Navigate Digital Twin for process optimization; Navigate Service Assist for support; and Fusion, for marketing, communications, and advertising, as well as StarMeUp, an employee engagement and talent experience platform; and DaXia, an embedded finance accelerator platform. Globant S.A. has a strategic collaboration with Pharma Mar, S.A. for cancer drug discovery through artificial intelligence; and Viability and Cascadience LLC to launch AI-powered platform for students with disabilities. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant S.A. was founded in 2003 and is based in Luxembourg, Luxembourg.
Key Executives
- Martin Migoya
- MartÃn Gonzalo Umaran
- Juan Ignacio Urthiague
- Guibert Andres Englebienne
- Yanina Maria Conti
Current Ownership Distribution
- Institutions715.4M (86.14%)
- Mutual Funds91.1M (10.97%)
- Insiders24.1M (2.90%)
- Other0 (0.00%)