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"Transformational": Migoya reflected on Milei's Argentina and the future of Globant's shares. Globant's CEO spoke with Bloomberg Línea at Argentina Week in Paris about the country's perception among investors and the "rebirth" of technology services. The stock is up 9% in three months on Wall Street. October 6, 2026 | 04:02 AM Buenos Aires - Martín Migoya believes that Argentina is going through "a record moment" in its international perception and that the country is living a "transformational" moment. The founder and CEO of Globant (GLOB) spoke with Bloomberg Línea at Argentina Week in Paris, the second such forum of the year after the one in New York, in which global CEOs of Santander, Louis Dreyfus, Eni, and Glencore, among others, laid out their plans and visions for the country. "I say it while visiting clients and visiting investors around the world. It is a very unique, very special moment," Migoya said. And he added, speaking from the Argentine Embassy in Paris: "Argentina is perceived today as a country that is making the reforms it has to make, that is structurally implementing the fiscal discipline it needs to have, and these are values that perhaps we are now getting used to, that we have been living for three years, but that are not common in many countries." That reading, he added, generates the feeling that "Argentina is finally getting on the course it must take," and opens "a very good moment to attract investments," due to talent, resources "and now also because of its way of thinking and governing." "Little bricks on the right path" Migoya described the forum as "a great initiative by the government and the embassy" to "continue explaining to the world the highly relevant and transformational moment we are living," and compared it to going to the gym: "You have to go, but you have to go every week." "It doesn't mean the event has to be held every week, but I think Argentina must continue to be positioned in the world's main capitals," he said. "These are little bricks that are being laid on the right path for the country." Asked whether lagging sectors of the economy, such as employment, construction, and industry, could weigh on electoral will in 2027, he declined to comment. "I'm not an economist, so I can't answer anything about all that," he said. "What I do know is that there are many investments going to agriculture, mining, energy, oil, and in the long term that is something very healthy for the country." Globant, AI, and the "rebirth" of the sector. On his company's current situation, Migoya said global demand for its services "is sustained and is doing well" and that Globant is making great progress in Glob.AI, its recently launched artificial intelligence platform for enterprises, whose segment showed "very strong growth" in last quarter's results. "We believe that the need to take technology and transform it into something productive is a very long-term business, and that is what I have been betting on all my life," he said. He highlighted the market's reception to the new AI Pods model, the artificial intelligence teams that the platform offers by subscription, with which the company "completely changes the way we relate to our clients, charge our clients, and move to a much more output-driven model." Asked whether that enthusiasm will soon be reflected in the stock, he responded that he always trusts that it will, "but I don't have a crystal ball." In the last month or two, he said, "there has been a kind of rebirth of the sector in general, because everyone is realizing that services are still necessary, and that has made investors turn back to the sector." He added that "these are long movements" and that he is "very confident" it will happen. What analysts say about the stock. Globant shares rose 9% in the last three months through this Monday, October 5, on Wall Street, but they are down 46% so far in 2026 and 41.2% in the last 12 months. The average 12-month price target from analysts is US$49.81, implying a potential return of 40.7% from US$36 this Monday. Of the 23 analysts covering the stock, 10 recommend buying and 13 holding; none recommend selling, with a consensus rating of 3.83 out of five. Among the most recent revisions, several firms updated their price targets and recommendations: * Mizuho Securities (Sean Kennedy): US$51; outperform. * Wells Fargo (Jason Kupferberg): US$42; equal weight. * Bradesco BBI (Daniel Federle): US$45; outperform. * Deutsche Bank (Nate Svensson): US$33; hold. * HSBC (Phani Kumar Varma): US$100; buy. * Morgan Stanley (César Medina): US$50; overweight. * Itaú BBA (Maria Clara Infantozzi): US$45; market perform.

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