What smart money is saying about Globant
3 funds in our archive have pitched Globant, most recently Antipodes Emerging Markets Fund in March 2026.
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 lifecycle; GUT Studio, which allows clients to better connect brands to end-consumers through experiential marketing; and Enterprise Studio, which leverages tailored 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, enabling industry-specific fine-tuning, continuous evaluation, and optimization; and Agents Hub, which enables autonomous action through the creation and coordination of agents and agentic workflows that operate across systems, teams, and physical environments. Further, it provides various agentic suites, including GeneXus for enterprise systems evolution; Globant CODA for software development; Navigate Digital Twin for process optimization; Navigate Service Assist for support; and Fusion, which enhances marketing, communications, and advertising with AI at the core, as well as StarMeUp, an employee engagement and talent experience platform; and DaXia, an embedded finance accelerator platform. The company has a collaboration with Pharma Mar, S.A. for cancer drug discovery through artificial intelligence. 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.
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Fund signal · last 12 months
12 lettersToo few moves on Globant yet for a clear signal
Moves described in fund letters in our archive. A sentence published word for word by several funds of one house in the same quarter counts once.
Position history
Between Q2 2025 and Q3 2026, 14 fund letters reported a position in Globant, with 4 sells (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 3 | 0 | 1 | 0 |
| Q2 2026 | 5 | 0 | 1 | 0 |
| Q1 2026 | 2 | 0 | 1 | 1 |
| Q4 2025 | 2 | 0 | 0 | 1 |
| Q3 2025 | 1 | 0 | 1 | 1 |
| Q2 2025 | 1 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 14 positions · 4 moves
- September 2026
“We exited IT services provider Globant, taking a tax loss after a disappointing second-quarter profit report.”
Globant - September 2026
“Other detractors included banks HDFC Bank, Bank Rakyat Indonesia, and Bank of the Philippine Islands, as well as IT services provider Globant.”
Globant - September 2026
“Following a difficult second quarter, information technology (IT) services and software companies Amdocs, Globant, and NICE recovered modestly on a lessening of artificial intelligence (AI) disruption fears.”
Globant - June 2026
“• Globant (-38%) Globant was the Fund's most significant relative detractor outside China-related positions, as the market continued to de-rate traditional IT services businesses on concerns that agentic AI will structurally displace headcount-driven delivery models. Q1 2026 revenue of $607.1 million exceeded the high end of guidance, and AI Pods - Globant's subscription-based AI-native services model - reached $32.8 million in annual recurring revenue with a $352 million pipeline. However, analysts characterised the second-half setup as "increasingly challenging," citing persistent weakness in discretionary IT spending, a more uncertain macro backdrop, and elevated execution risk as the company pivots to an AI-first delivery model. The structural question around AI disintermediation of traditional IT services is real, and the degree to which Globant can accelerate its transition from headcount-based delivery to AI-native, outcome-based services will determine the long-term investment case. We are monitoring the pace of that transition closely.”
Globant - June 2026
“Notable detractors included IT services firm Globant and software company NICE.”
Globant - June 2026
“As in the first quarter, businesses perceived to be vulnerable to potential AI disruption hurt performance, most notably IT services firm Globant and online travel platform Trip.com.”
Globant - June 2026
“This underperformance is attributed to the concentration in IT services and software, namely Globant (IT services), Amdocs (IT services) and NICE (software).”
Globant - June 2026
“Globant (GLOB) was eliminated to make room for better opportunities.”
Globant - March 2026
“We exited our position following the completion of Confluent, Inc.’s (CFLT) acquisition by IBM. Our exit of First Interstate BancSystem (FIBK) was primarily based on relative valuation and strength in the stock. We exited our position in Globant SA (GLOB), as the market continues to question the growth potential and business model of software development-focused services companies like Globant in an AI-enabled future.”
Globant - March 2026
Listed in Frontier Emerging Markets Equity’s reported holdings.
Globant - December 2025
“For the year, shares of Globant fell on both a cyclical downturn in IT spending and fears that AI-based program could displace tech consultancies.”
Globant - December 2025
“In IT, LEM was a significant detractor throughout 2025. Our IT-services holdings also underperformed for the year amid growing concern over the threat of AI. Globant’s stock was worst among them, although it pared some losses after third-quarter results met expectations and management slightly increased revenue guidance for the remainder of the year.”
Globant - ExitedBaron FinTech FundSeptember 2025
“We eliminated our small remaining Digital IT Services positions (Accenture plc, Globant S.A., and CI&T, Inc.) due to slow growth and longer-term concerns about the impact of generative AI on the consulting and outsourced software development industry.”
Globant - June 2025
“Shares of IT services provider Globant S.A. fell 22.8% after the company reported weaker-than-expected financial results and cut guidance. Revenues grew 7% in the first quarter and are expected to slow further given full-year revenue growth guidance of 2%. Management attributed the slowdown to macroeconomic uncertainty, tariffs, and weakness in certain geographies. Globant’s performance had been resilient despite the broader softness in IT services spending, so this slowdown was especially disappointing. We continue to own the stock because we believe Globant has a long runway for growth in a very large global market for IT services.”
Globant
Also mentioned · 1
These funds discuss Globant as a competitor, benchmark or comparable, without disclosing a position in it.
- MentionedHL Global Small Companies EquityMarch 2026
Named in a table in HL Global Small Companies Equity’s letter.
Globant
Fund coverage · 3 theses
- Antipodes Emerging Markets FundMarch 2026
Globant is an IT services company repositioning toward AI-native delivery and higher-margin subscription offerings.
Read the full thesis - Antipodes Emerging Markets FundDecember 2025
Globant is a digital engineering leader positioned for complex AI-enabled projects, with a strong pipeline and historically low valuation supported by buybacks.
Read the full thesis - Vela International FundSeptember 2025
Globant is a leading global technology service company that has significantly declined in value post-pandemic, but is poised for growth as the focus shifts from cost-efficiency to product and experience.
Read the full thesis
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