Needham cuts GLOB target to $50, stays Buy

Needham analyst Mayank Tandon trimmed their price target on GLOB to $50 on May 15, keeping the rating at Buy.

Mayank’s record on GLOB: 26 calls tracked, the stock touching the target in 10 of 26 of them.

Among the analysts AnaChart tracks on GLOB, the split is 6 Buy, 9 Hold. Scotiabank‘s Divya Goyal holds the high end of the range at $115; Truist‘s Arvind Ramnani anchors the low end at $44. The stock’s most recent close was $31.29.

GLOB price target chart: Needham cuts to $50
Mayank Tandon’s GLOB target history against the street high, street low and the stock price. Each dot marks a dated call.

The $50 target is 60% above the stock’s $31.29 close.

FAQ

What is Needham’s price target on GLOB?

Needham’s Mayank Tandon has a $50 target on GLOB, rated Buy, set May 15, 2026.

How often have Mayank Tandon’s GLOB price targets been reached?

AnaChart has tracked 26 price-target calls from Mayank Tandon on GLOB; the stock reached the target in 10 of them (38%).

What is the analyst view on GLOB?

Coverage is split 6 Buy / 9 Hold / 0 Sell, with targets from $44 (Truist) to $115 (Scotiabank).