Globant Analysts Slash Their Forecasts After Q1 Results
1. GLOB missed Q1 earnings and revenue estimates significantly. 2. Second-quarter guidance and FY25 forecasts were also lowered. 3. CEO emphasized focus on AI technology and client transformation. 4. Goldman Sachs and Mizuho updated their price targets downward. 5. However, GLOB shares gained 3.1% after the earnings report.