Levi & Korsinsky Launches Investigation Into Globant Revenue Forecasts

The investigation centers on whether the digital transformation company provided misleading information regarding its fiscal 2026 outlook. On February 26, 2026, Globant projected annual revenues between $2,460 million and $2,510 million, a forecast CEO Martin Migoya defended by claiming the company had a clear line of sight to organic growth supported by signed bookings. By May 14, 2026, the company reaffirmed these projections, only to reverse course three months later by announcing a downward revision to a slight year-over-year decline.

Following the disclosure, the firm saw multiple analyst downgrades and price-target reductions, with market observers citing weakened near-term performance and pressure on the company’s legacy time-and-materials business. Levi & Korsinsky is now evaluating whether these prior statements were materially false or misleading, potentially causing shareholders to purchase stock at artificially inflated prices. Investors who incurred losses during this period are eligible for a no-cost evaluation of their claims, regardless of whether they currently hold the shares or have already sold them.