← Globant SA overview

Globant SA vs ExlService: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Globant SA (GLOB)

Q3 2026
▼2▲1

Globant cuts 2026 outlook as demand weakens, AI growth offers hope

  • Full-year guidance cut and Q2 EPS miss Globant cut its 2026 revenue, margin, and EPS outlook and missed non-GAAP EPS by $0.10, blaming weaker demand in new markets, oil-price pressure on travel clients, and slow client decisions. The stock fell about 13-15%, as lower profit expectations directly reduce what investors will pay for shares.

    This is the main new event that moved the stock and reset expectations for the year.

  • Glob.AI output-based pricing launch and 60% ARR jump Globant launched Glob.AI, an AI platform billed by output rather than hours, and said its Glob AI annual recurring revenue jumped about 60% to $52.8 million, targeting over $110 million by year-end. This supports the long-term story that AI services can grow faster and earn better margins, though it is not yet big enough to offset the guidance cut.

    It is the main new positive force and the company's key growth narrative.

  • Securities class action over Latin America disclosures A securities class action alleges Globant misled investors about its Latin American operations, which were said to face declining demand, client defections, and frozen wages. The June 23 lead-plaintiff deadline passed, but the lawsuit remains an overhang, adding legal costs and uncertainty that can weigh on the stock.

    It is a new legal risk that can affect investor confidence and costs.

July 2026
▼2▲1

Globant cuts 2026 outlook as demand weakens, AI growth offers hope

  • Full-year guidance cut and Q2 EPS miss Globant cut its 2026 revenue, margin, and EPS outlook and missed non-GAAP EPS by $0.10, blaming weaker demand in new markets, oil-price pressure on travel clients, and slow client decisions. The stock fell about 13-15%, as lower profit expectations directly reduce what investors will pay for shares.

    This is the main new event that moved the stock and reset expectations for the year.

  • Glob.AI output-based pricing launch and 60% ARR jump Globant launched Glob.AI, an AI platform billed by output rather than hours, and said its Glob AI annual recurring revenue jumped about 60% to $52.8 million, targeting over $110 million by year-end. This supports the long-term story that AI services can grow faster and earn better margins, though it is not yet big enough to offset the guidance cut.

    It is the main new positive force and the company's key growth narrative.

  • Securities class action over Latin America disclosures A securities class action alleges Globant misled investors about its Latin American operations, which were said to face declining demand, client defections, and frozen wages. The June 23 lead-plaintiff deadline passed, but the lawsuit remains an overhang, adding legal costs and uncertainty that can weigh on the stock.

    It is a new legal risk that can affect investor confidence and costs.

Latest
▼2▲1

Globant cuts 2026 outlook as demand weakens, AI growth offers hope

  • Full-year guidance cut and Q2 EPS miss Globant cut its 2026 revenue, margin, and EPS outlook and missed non-GAAP EPS by $0.10, blaming weaker demand in new markets, oil-price pressure on travel clients, and slow client decisions. The stock fell about 13-15%, as lower profit expectations directly reduce what investors will pay for shares.

    This is the main new event that moved the stock and reset expectations for the year.

  • Glob.AI output-based pricing launch and 60% ARR jump Globant launched Glob.AI, an AI platform billed by output rather than hours, and said its Glob AI annual recurring revenue jumped about 60% to $52.8 million, targeting over $110 million by year-end. This supports the long-term story that AI services can grow faster and earn better margins, though it is not yet big enough to offset the guidance cut.

    It is the main new positive force and the company's key growth narrative.

  • Securities class action over Latin America disclosures A securities class action alleges Globant misled investors about its Latin American operations, which were said to face declining demand, client defections, and frozen wages. The June 23 lead-plaintiff deadline passed, but the lawsuit remains an overhang, adding legal costs and uncertainty that can weigh on the stock.

    It is a new legal risk that can affect investor confidence and costs.

ExlService Holdings Inc (EXLS)

Q3 2026
▲3

EXL's AI pivot drives strong Q2 beat, raised guidance, and new products

  • Q2 beat and raised guidance EXL reported Q2 revenue of $594.8 million, up 15.6% year over year, beating estimates by 3.5% and posting the highest full-year guidance raise among data services peers. Adjusted EPS rose 22%, with data and AI services now 61% of revenue. This strong execution directly boosts investor confidence and supports a higher stock price.

    This is the core fundamental driver: better-than-expected results and raised outlook directly lift the stock.

  • iMerit acquisition completed EXL completed its acquisition of iMerit, an AI model training and reinforcement learning company, creating an end-to-end enterprise AI platform. This expands EXL into high-growth AI technology sectors and deepens its specialized AI capabilities, positioning it to capture more AI spending and drive future revenue growth.

    The acquisition is a strategic move that expands EXL's AI offerings and growth potential, directly affecting its competitive position.

  • New $1B credit facility boosts flexibility EXL closed a new $1 billion senior secured credit facility, increasing borrowing capacity from $600 million and providing greater covenant flexibility. This gives EXL more firepower for acquisitions and share repurchases under its $500 million buyback program, which can support earnings per share and strategic growth.

    The expanded credit facility enhances EXL's ability to fund growth initiatives and return capital, a positive for the stock.

  • Leadership departure and AI product launches President Vivek Jetley is leaving to become CEO of Hexaware, a loss of a key executive who led insurance and healthcare. However, EXL embedded agentic AI into its LifePRO and Payment Integrity solutions, cutting product launch times and boosting productivity. The departure is a negative, but new AI products reinforce growth prospects.

    This captures both a negative event (leadership loss) and a positive development (AI product integration) that affect EXL's future performance.

September 2026
▲3

EXL's AI pivot drives strong Q2 beat, raised guidance, and new products

  • Q2 beat and raised guidance EXL reported Q2 revenue of $594.8 million, up 15.6% year over year, beating estimates by 3.5% and posting the highest full-year guidance raise among data services peers. Adjusted EPS rose 22%, with data and AI services now 61% of revenue. This strong execution directly boosts investor confidence and supports a higher stock price.

    This is the core fundamental driver: better-than-expected results and raised outlook directly lift the stock.

  • iMerit acquisition completed EXL completed its acquisition of iMerit, an AI model training and reinforcement learning company, creating an end-to-end enterprise AI platform. This expands EXL into high-growth AI technology sectors and deepens its specialized AI capabilities, positioning it to capture more AI spending and drive future revenue growth.

    The acquisition is a strategic move that expands EXL's AI offerings and growth potential, directly affecting its competitive position.

  • New $1B credit facility boosts flexibility EXL closed a new $1 billion senior secured credit facility, increasing borrowing capacity from $600 million and providing greater covenant flexibility. This gives EXL more firepower for acquisitions and share repurchases under its $500 million buyback program, which can support earnings per share and strategic growth.

    The expanded credit facility enhances EXL's ability to fund growth initiatives and return capital, a positive for the stock.

  • Leadership departure and AI product launches President Vivek Jetley is leaving to become CEO of Hexaware, a loss of a key executive who led insurance and healthcare. However, EXL embedded agentic AI into its LifePRO and Payment Integrity solutions, cutting product launch times and boosting productivity. The departure is a negative, but new AI products reinforce growth prospects.

    This captures both a negative event (leadership loss) and a positive development (AI product integration) that affect EXL's future performance.

Latest
▲3

EXL's AI pivot drives strong Q2 beat, raised guidance, and new products

  • Q2 beat and raised guidance EXL reported Q2 revenue of $594.8 million, up 15.6% year over year, beating estimates by 3.5% and posting the highest full-year guidance raise among data services peers. Adjusted EPS rose 22%, with data and AI services now 61% of revenue. This strong execution directly boosts investor confidence and supports a higher stock price.

    This is the core fundamental driver: better-than-expected results and raised outlook directly lift the stock.

  • iMerit acquisition completed EXL completed its acquisition of iMerit, an AI model training and reinforcement learning company, creating an end-to-end enterprise AI platform. This expands EXL into high-growth AI technology sectors and deepens its specialized AI capabilities, positioning it to capture more AI spending and drive future revenue growth.

    The acquisition is a strategic move that expands EXL's AI offerings and growth potential, directly affecting its competitive position.

  • New $1B credit facility boosts flexibility EXL closed a new $1 billion senior secured credit facility, increasing borrowing capacity from $600 million and providing greater covenant flexibility. This gives EXL more firepower for acquisitions and share repurchases under its $500 million buyback program, which can support earnings per share and strategic growth.

    The expanded credit facility enhances EXL's ability to fund growth initiatives and return capital, a positive for the stock.

  • Leadership departure and AI product launches President Vivek Jetley is leaving to become CEO of Hexaware, a loss of a key executive who led insurance and healthcare. However, EXL embedded agentic AI into its LifePRO and Payment Integrity solutions, cutting product launch times and boosting productivity. The departure is a negative, but new AI products reinforce growth prospects.

    This captures both a negative event (leadership loss) and a positive development (AI product integration) that affect EXL's future performance.