---
title: "Weekly Recap | Globant SA -3.53%, consensus target above spot"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298792104.md"
description: "Globant SA (GLOB) fell 3.53% this week to close at $37.75 on Friday, trailing the S&P 500, which slipped 0.8%, by roughly 2.73 percentage points. The four-session week had a dip-then-recover shape: the stock opened at $38.12 on Tuesday and closed at $37.12, slid to a weekly low of $35.84 on Wednesday, then climbed back to $36.70 on Thursday and $37.75 on Friday as volume picked up. There was no major company-specific catalyst during the week."
datetime: "2026-09-12T06:06:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298792104.md)
  - [en](https://longbridge.com/en/news/298792104.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298792104.md)
generator: "portal-rs"
---

# Weekly Recap | Globant SA -3.53%, consensus target above spot

## The Week

Globant SA (GLOB) fell 3.53% this week to close at $37.75 on Friday, trailing the S&P 500, which slipped 0.8%, by roughly 2.73 percentage points. The four-session week had a dip-then-recover shape: the stock opened at $38.12 on Tuesday and closed at $37.12, slid to a weekly low of $35.84 on Wednesday, then climbed back to $36.70 on Thursday and $37.75 on Friday as volume picked up. There was no major company-specific catalyst during the week.

## Analyst Ratings

Among 23 institutions covering Globant, 6 rate it buy, 4 overweight, and 13 hold; none rate it underweight or sell. The consensus rating is buy, with a consensus target of $51.59, about 36.66% above the latest price. Targets range widely from $100.00 at the top to $33.00 at the bottom, pointing to real divergence across brokers. Within the IT consulting industry of 35 names, Globant ranks 4th by rating.

## The Week Ahead

Next week brings the New York Fed manufacturing index on Tuesday, September 15, followed on Wednesday, September 16 by retail sales, retail sales ex-autos, import prices, the NAHB housing market index and EIA crude oil inventories. Larger-than-expected moves in these macro releases could shift sector sentiment for IT services stocks.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

### Related Stocks

- [GLOB.US](https://longbridge.com/en/quote/GLOB.US.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**