Globant S.A. is facing a securities-law investigation by Levi & Korsinsky after its full-year 2026 revenue outlook swung from projected growth to a slight year-over-year decline, a reversal that was followed by a sharp drop in the stock after the company’s second-quarter 2026 release. On Feb. 26, 2026, Globant guided for fiscal 2026 revenue of $2.46 billion to $2.51 billion, implying 0.2% to 2.2% year-over-year growth. On May 14, it raised the low end of that range to $2.462 billion while reaffirming the midpoint, for a new range of $2.462 billion to $2.508 billion. Roughly three months later, the company cut its forecast to a slight annual decline. The law firm said its review is focused on whether Globant made materially false or misleading statements about its 2026 revenue guidance and the bookings and demand said to support it. On the Feb. 26 earnings call, Chief Executive Officer Martin Migoya told investors the company had a clear line of sight to returning to positive year-over-year organic revenue growth by mid-2026, adding, "This is not a hope. It is supported by the bookings we have already signed and the pipeline that is converting." Analyst downgrades and price-target cuts followed the guidance reduction, citing weaker near-term growth and pressure on the legacy time-and-materials business.