Globant SA

GLOB remains in a Stage 4 decline, characterized by persistent lower highs and lower lows beneath declining EMAs and moving averages. Price is consolidating near the 9/21 EMA cluster and the 50-day SMA without signs of exhaustion. We will defer aggressive selling and trim into rallies at these overhead resistance zones.

• ↑Q1 2026 revenue $607.1 M surpasses high-end guidance; pipeline at $352 M
• ↑AI pods generate $32.8 M ARR with 40% of top accounts onboarded
• ↓Low profitability metrics indicate efficiency challenges and margin pressure