Globant SA vs Rimini Street: why the prices moved differently

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

Globant SA (GLOB)

Q3 202619 Jun – 14 Aug 2026

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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 202619 Jun – 14 Aug 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.

Latest19 Jun – 14 Aug 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.

Rimini Street Inc (RMNI)

Q3 202614 Jul – 6 Oct 2026

▲4

Rimini Street expands AI governance and partner reach as customer wins continue

New AI governance service Rimini Street launched Rimini Govern for AI, a managed service that monitors, secures, and controls enterprise AI agents. This opens a new revenue stream and positions the company as a trusted partner for companies adopting AI, which could attract more clients and lift future sales.
It is a new product launch that expands Rimini's addressable market and supports long-term growth.
Agentic AI ERP strategy and market expansion Rimini Street unveiled an Agentic AI ERP strategy to modernize legacy systems without cloud migrations. It says its addressable market has grown from $15 billion to $80 billion. This could bring in more customers and boost revenue growth, though execution risks remain.
It shows a major strategic shift that significantly increases the potential market for Rimini's services.
New reseller partnership in ANZ Rimini Street signed a reseller agreement with Datacom to sell its Oracle and SAP support services across Australia and New Zealand. This expands Rimini's reach in a new region and could lead to more customer contracts and recurring revenue.
It is a new distribution channel that can drive future sales growth.
Strong demand for third-party support A Rimini Street survey found 66% of VMware users are using or considering third-party support, mainly to cut costs. This highlights a large market opportunity for Rimini's services, which could translate into more customers and revenue over time.
It provides evidence of growing demand for the type of support Rimini offers, supporting the bull case.

August 202614 Jul – 6 Oct 2026

▲4

Rimini Street expands AI governance and partner reach as customer wins continue

New AI governance service Rimini Street launched Rimini Govern for AI, a managed service that monitors, secures, and controls enterprise AI agents. This opens a new revenue stream and positions the company as a trusted partner for companies adopting AI, which could attract more clients and lift future sales.
It is a new product launch that expands Rimini's addressable market and supports long-term growth.
Agentic AI ERP strategy and market expansion Rimini Street unveiled an Agentic AI ERP strategy to modernize legacy systems without cloud migrations. It says its addressable market has grown from $15 billion to $80 billion. This could bring in more customers and boost revenue growth, though execution risks remain.
It shows a major strategic shift that significantly increases the potential market for Rimini's services.
New reseller partnership in ANZ Rimini Street signed a reseller agreement with Datacom to sell its Oracle and SAP support services across Australia and New Zealand. This expands Rimini's reach in a new region and could lead to more customer contracts and recurring revenue.
It is a new distribution channel that can drive future sales growth.
Strong demand for third-party support A Rimini Street survey found 66% of VMware users are using or considering third-party support, mainly to cut costs. This highlights a large market opportunity for Rimini's services, which could translate into more customers and revenue over time.
It provides evidence of growing demand for the type of support Rimini offers, supporting the bull case.

Latest14 Jul – 6 Oct 2026

▲4

Rimini Street expands AI governance and partner reach as customer wins continue

New AI governance service Rimini Street launched Rimini Govern for AI, a managed service that monitors, secures, and controls enterprise AI agents. This opens a new revenue stream and positions the company as a trusted partner for companies adopting AI, which could attract more clients and lift future sales.
It is a new product launch that expands Rimini's addressable market and supports long-term growth.
Agentic AI ERP strategy and market expansion Rimini Street unveiled an Agentic AI ERP strategy to modernize legacy systems without cloud migrations. It says its addressable market has grown from $15 billion to $80 billion. This could bring in more customers and boost revenue growth, though execution risks remain.
It shows a major strategic shift that significantly increases the potential market for Rimini's services.
New reseller partnership in ANZ Rimini Street signed a reseller agreement with Datacom to sell its Oracle and SAP support services across Australia and New Zealand. This expands Rimini's reach in a new region and could lead to more customer contracts and recurring revenue.
It is a new distribution channel that can drive future sales growth.
Strong demand for third-party support A Rimini Street survey found 66% of VMware users are using or considering third-party support, mainly to cut costs. This highlights a large market opportunity for Rimini's services, which could translate into more customers and revenue over time.
It provides evidence of growing demand for the type of support Rimini offers, supporting the bull case.