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Price
$210.77
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52 Week High-Low
$354.62—$159.56
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Net Yield
N/A
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Hist / Pros Per
90/42
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Equity Market Cap
$8,830

I think of Globant as an IT consultancy and software development business, helping its customers digitise. This isn’t an easy task when you consider the internet has proliferated business and consumer usage since Sir Tim Berners-Lee invented the World Wide Web that became publically accessible back in 1993. That user proliferation has continuously and, indirectly, driven up digital complexity and, concurrently, heightened ease-of-use expectations by end consumers. 

Herein lies one of the internet’s fundamental paradoxes – a growing mesh of ever more complex software engineering code that seeks to, somewhat ironically, simplify the user experience to: increase user adoption and time spent online.  Hence, Globant may seem relatively well positioned for the ongoing structural growth opportunity presented by increased digitisation of businesses and consumers by helping businesses shift or re-engineer their systems and processes for the online world. Yet, consultancy style spending might be more at risk into a recession. So, think carefully about valuation. 

Understanding Finance

Helping clients understand what we do is key to building relationships. To explain some of the industry jargon that creeps into our world, we’ve pulled together a section of our site to help.

Managing your wealth

Managing your wealth


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