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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Position history
Between Q3 2025 and Q2 2026, 6 fund letters reported a position in Globant — 1 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 4 | 0 | 0 | 0 |
| Q1 2026 | 2 | 0 | 1 | 1 |
| Q4 2025 | 0 | 0 | 0 | 1 |
| Q3 2025 | 0 | 0 | 0 | 1 |
Fund activity · 6 positions · 1 move
- 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 - 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
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.
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