Globant Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into Globant (GLOB)

Globant S.A. has adjusted its revenue forecast for the full year 2026, projecting a decline from previous guidance indicating growth. On February 26, 2026, the company estimated revenues of $2,460 million to $2,510 million, which suggested a growth of 0.2% to 2.2% year-over-year. This midpoint was reaffirmed on May 14, 2026, when the low end was increased to $2,462 million. However, approximately three months later, the forecast was revised downward to reflect a slight year-over-year decline.

Following the second quarter 2026 financial release, the stock experienced a significant drop. Chief Executive Officer Martin Migoya had previously expressed confidence in returning to positive year-over-year organic revenue growth by mid-2026, citing strong bookings and a robust pipeline. However, analysts responded to the subsequent guidance reduction with downgrades and price-target cuts, highlighting concerns about near-term growth and pressures on the company's legacy business model.

Levi & Korsinsky is currently investigating potential securities law violations on behalf of Globant shareholders who incurred losses due to the altered revenue outlook. Shareholders who owned GLOB shares and suffered financial losses are encouraged to submit their information for evaluation. The investigation aims to determine if Globant made materially false or misleading statements regarding its revenue guidance and the underlying demand supporting it.

Eligible participants in the investigation include investors who purchased GLOB stock and experienced losses, regardless of whether they still hold their shares. There is no upfront cost to participate, and involvement is based on purchase date and documented losses. Investors are advised to gather brokerage records that demonstrate their purchase details for review.