10 Most Undervalued Foreign Stocks to Buy According to Analysts

8. Globant S.A. (NYSE:GLOB)

Forward Price-to-Earnings: 15.22

Upside Potential: 38.75%         

Number of Hedge Fund Holders: 31

Globant S.A. (NYSE:GLOB) is included in our list of the 10 Most Undervalued Foreign Stocks to Buy According to Analysts.

On July 21, 2025, Scotiabank upgraded its rating on Globant S.A. (NYSE:GLOB) to ‘Outperform’. Maintaining a $115 price target, the analyst cited the company’s industry-leading capabilities and increased capacity to meet the growing demand for AI-driven enterprise solutions. Scotiabank also considers the company’s Service-as-a-Software (SaaS) model that integrates AI-led workflows across business operations.

This upgrade from the analyst follows a challenging 2025 so far. A 54% YoY decline in Globant S.A. (NYSE:GLOB)’s shares was noted in Alger Mid Cap Focus Fund’s Q2 2025 investor letter, following weaker-than-expected Q1 results. The company attributed its weak Q1 performance to project delays, especially in North America, amid ongoing macroeconomic uncertainty.

Globant S.A. (NYSE:GLOB), a Luxembourg-based technology services firm, leverages AI, cloud, software development, and enterprise solutions to help businesses transform digitally. It remains on our list of the most undervalued stocks.