Globant S.A. Expands Credit Capacity with $375 Million Loan Amendment

The latest announcement is out from Globant SA ( (GLOB) ).

On June 18, 2025, Globant, LLC, a U.S. subsidiary of Globant S.A., amended its Fourth Amended and Restated Credit Agreement to increase its credit capacity by $375 million through a new term loan tranche. This financial move, involving major banks like HSBC and JPMorgan Chase, aims to repay existing credit and is set to mature on May 30, 2028. The amendment includes specific interest rates and financial covenants, which may impact the company’s operational flexibility and shareholder interests.

The most recent analyst rating on (GLOB) stock is a Buy with a $235.00 price target. To see the full list of analyst forecasts on Globant SA stock, see the GLOB Stock Forecast page.

Spark’s Take on GLOB Stock

According to Spark, TipRanks’ AI Analyst, GLOB is a Neutral.

Globant’s strong financial performance is a key strength, bolstered by consistent revenue growth and efficient cash flow management. However, bearish technical indicators and macroeconomic challenges from the earnings call pose risks. The moderate valuation provides some balance, but the absence of a dividend yield is a drawback for income investors.

To see Spark’s full report on GLOB stock, click here.

More about Globant SA

Globant S.A. is a technology services company that operates in the IT and software development industry, providing digital and cognitive transformation services to various sectors. The company focuses on leveraging emerging technologies to help businesses stay competitive in a rapidly evolving market.

Average Trading Volume: 1,202,648

Technical Sentiment Signal: Sell

Current Market Cap: $3.86B

For a thorough assessment of GLOB stock, go to TipRanks’ Stock Analysis page.