Should I buy or sell Grid Dynamics stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Grid Dynamics in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GDYN shares. View GDYN analyst ratings or view top-rated stocks .

What is Grid Dynamics' stock price target for 2024?

4 Wall Street research analysts have issued 1-year price targets for Grid Dynamics' stock. Their GDYN share price targets range from $14.00 to $17.00. On average, they predict the company's stock price to reach $16.25 in the next twelve months. This suggests a possible upside of 57.5% from the stock's current price. View analysts price targets for GDYN or view top-rated stocks among Wall Street analysts .

How have GDYN shares performed in 2024?

Grid Dynamics' stock was trading at $13.33 at the beginning of the year. Since then, GDYN stock has decreased by 22.6% and is now trading at $10.32. View the best growth stocks for 2024 here .

When is Grid Dynamics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our GDYN earnings forecast .

How can I listen to Grid Dynamics' earnings call?

Grid Dynamics will be holding an earnings conference call on Thursday, May 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Grid Dynamics' earnings last quarter?

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) issued its quarterly earnings data on Thursday, February, 22nd. The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.08 by $0.01. The business had revenue of $78.07 million for the quarter, compared to analysts' expectations of $76.64 million. Grid Dynamics had a negative net margin of 0.56% and a positive trailing twelve-month return on equity of 6.77%. The company's quarterly revenue was down 3.1% on a year-over-year basis. During the same period last year, the firm posted $0.14 earnings per share.

What guidance has Grid Dynamics issued on next quarter's earnings?

Grid Dynamics updated its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $77.0 million-$79.0 million, compared to the consensus revenue estimate of $77.5 million.

What other stocks do shareholders of Grid Dynamics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Grid Dynamics investors own include Enterprise Products Partners (EPD) , Phillips 66 (PSX) , Vistra (VST) , Cardtronics (CATM) , Coca-Cola FEMSA (KOF) , Moderna (MRNA) , SailPoint Technologies (SAIL) , CVS Health (CVS) .

Who are Grid Dynamics' major shareholders?

Grid Dynamics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (10.02%), Fourth Sail Capital LP (0.43%) and Mesirow Financial Investment Management Inc. (0.02%). Insiders that own company stock include Anil Doradla, Eric Benhamou , Leonard Livschitz, Lloyd Carney, Marina Levinson , Patrick Nicolet, Shuo Zhang , Stan Klimoff , Teamsun Technology Co Beijing, Vadim Kozyrkov and Yueou Wang . View institutional ownership trends .

How do I buy shares of Grid Dynamics?

Shares of GDYN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:GDYN

Grid Dynamics (GDYN) Stock Price, News & Analysis

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$10.36

+0.13 (+1.27%)

(As of 04:21 PM ET)

Compare

Today's Range: $10.19
▼
$10.51
50-Day Range: $10.20
▼
$14.17
52-Week Range: $8.00
▼
$14.70

Volume: 255,235 shs
Average Volume: 305,357 shs
Market Capitalization: $787.05 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $16.25

Get Grid Dynamics alerts:

Grid Dynamics MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 57.5% Upside
$16.25 Price Target
Short Interest: Bearish
5.09% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.40
Based on 4 Articles This Week
Insider Trading: Selling Shares
$1.16 M Sold Last Quarter
Proj. Earnings Growth: 100.00%
From $0.07 to $0.14 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.06 out of 5 stars

Computer And Technology Sector

301st out of 582 stocks

Prepackaged Software Industry

105th out of 197 stocks

3.5

Analyst's Opinion

Consensus Rating
Grid Dynamics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Grid Dynamics has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.09% of the float of Grid Dynamics has been sold short.
Short Interest Ratio / Days to Cover
Grid Dynamics has a short interest ratio ("days to cover") of 9.7.
Change versus previous month
Short interest in Grid Dynamics has recently increased by 4.91%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Grid Dynamics does not currently pay a dividend.
Dividend Growth
Grid Dynamics does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GDYN.

3.6

News and Social Media Coverage

News Sentiment
Grid Dynamics has a news sentiment score of 1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Grid Dynamics this week, compared to 2 articles on an average week.
Search Interest
2 people have searched for GDYN on MarketBeat in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Grid Dynamics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,159,755.00 in company stock.
Percentage Held by Insiders
Only 7.40% of the stock of Grid Dynamics is held by insiders.
Percentage Held by Institutions
71.18% of the stock of Grid Dynamics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Grid Dynamics are expected to grow by 100.00% in the coming year, from $0.07 to $0.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Grid Dynamics is -343.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Grid Dynamics is -343.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Grid Dynamics has a P/B Ratio of 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Grid Dynamics Stock (NASDAQ:GDYN)

Grid Dynamics Holdings, Inc., together with its subsidiaries, provides technology consulting, platform and product engineering, and analytics services in North America, Europe, and internationally. It offers cloud platform and product engineering services, such as architecting, designing, and building scalable and secure cloud-based platforms and business applications; and AI/machine learning and data platform engineering services that build platforms to facilitate batch and streaming data ingestion, quality governance, orchestration, semantic modeling, observability, and analysis at scale. The company provides digital engagement services, including digital ecosystem design and implementation; and supply chain, Internet of Thing, and advanced manufacturing, which focuses on transforming traditional operations into smart and connected ecosystems. It serves customers that operate in the tech, media, telecommunications, retail, consumer packaged goods, manufacturing, and finance industries. The company was formerly known as ChaSerg Technology Acquisition Corp. and changed its name to Grid Dynamics Holdings, Inc. Grid Dynamics Holdings, Inc. was founded in 2006 and is headquartered in San Ramon, California.

GDYN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GDYN Stock News Headlines

April 13, 2024 | insidertrades.com

Leonard Livschitz Sells 15,000 Shares of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Stock

April 12, 2024 | insidertrades.com

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) CEO Leonard Livschitz Sells 15,000 Shares

April 19, 2024 | Behind the Markets (Ad)

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The Top 5 Analysts Ranked by Marketbeat and Stocks They Cover

Marketbeat's many investor tools include analysts' rankings and sentiment trackers. These tools help investors and traders gauge market sentiment, showing trends and changes, updated revisions, and new reports.

April 9, 2024 | marketbeat.com

The Top 5 Analysts Ranked by Marketbeat and Stocks They Cover (GDYN)

Analysts rate the stocks, but who rates the analysts? This is a look at five of the highest-rated analysts tracked by Marketbeat.com based on 12-month ROI.

March 28, 2024 | insidertrades.com

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) CEO Sells $142,964.52 in Stock

April 15, 2024 | businesswire.com

Grid Dynamics to Announce First Quarter 2024 Financial Results on May 2nd

April 14, 2024 | finance.yahoo.com

Grid Dynamics Holdings, Inc.'s (NASDAQ:GDYN) Intrinsic Value Is Potentially 31% Above Its Share Price

April 19, 2024 | Behind the Markets (Ad)

Will this $2 AI stock double overnight?

It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!

April 11, 2024 | finance.yahoo.com

Grid Dynamics Appoints Industry Veteran Rahul Shah to Lead Business Expansion in India

April 11, 2024 | businesswire.com

Grid Dynamics Appoints Industry Veteran Rahul Shah to Lead Business Expansion in India

April 10, 2024 | uk.investing.com

Grid Dynamics Recognized as a Leader in Everest Group's Inaugural Google Cloud Services Specialists PEAK Matrix ® Assessment 2024

April 8, 2024 | businesswire.com

Grid Dynamics Recognized as a Leader in Everest Group's Inaugural Google Cloud Services Specialists PEAK Matrix® Assessment 2024

April 5, 2024 | investing.com

Grid Dynamics CFO sells $36.3k in company stock

March 27, 2024 | businesswire.com

Grid Dynamics Introduces a GenAI-powered Data Migration Starter Kit to Accelerate Large-Scale Data Modernization Programs

March 17, 2024 | finance.yahoo.com

GDYN Apr 2024 12.500 put

March 13, 2024 | markets.businessinsider.com

The Analyst Landscape: 5 Takes On Grid Dynamics Holdings

March 4, 2024 | finance.yahoo.com

Grid Dynamics Holdings Full Year 2023 Earnings: EPS Beats Expectations

February 24, 2024 | finance.yahoo.com

Why Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Could Be Worth Watching

February 23, 2024 | markets.businessinsider.com

Maintaining Hold on Grid Dynamics Amidst Q4 Surprises and Growth Uncertainties

February 23, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Grid Dynamics on Strong Q4 Results and Positive 2024-2025 Outlook

February 23, 2024 | finance.yahoo.com

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Q4 2023 Earnings Call Transcript

February 22, 2024 | washingtonpost.com

Grid Dynamics: Q4 Earnings Snapshot

February 22, 2024 | finance.yahoo.com

Grid Dynamics Holdings Inc (GDYN) Reports Modest Revenue Growth Amidst Industry Diversification

February 22, 2024 | seekingalpha.com

Grid Dynamics Holdings, Inc. 2023 Q4 - Results - Earnings Call Presentation

February 22, 2024 | businesswire.com

Grid Dynamics Reports Fourth Quarter and Full Year 2023 Financial Results

February 22, 2024 | markets.businessinsider.com

Here's what to expect from Grid Dynamics A's earnings report

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:GDYN
CUSIP: N/A
CIK: 1743725
Web: www.griddynamics.com
Phone: (650) 523-5000
Fax: N/A
Employees: 3,920
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $16.25
High Stock Price Target: $17.00
Low Stock Price Target: $14.00
Potential Upside/Downside: +57.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.03)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 147.43
P/E Growth: N/A
Net Income: $-1,760,000.00
Net Margins: -0.56%
Pretax Margin: 1.55%
Return on Equity: 6.77%
Return on Assets: 5.83%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 7.67
Quick Ratio: 7.67

Sales & Book Value

Annual Sales: $312.91 million
Price / Sales: 2.51
Cash Flow: $0.50 per share
Price / Cash Flow: 20.81
Book Value: $5.05 per share
Price / Book: 2.04

Miscellaneous

Outstanding Shares: 75,970,000
Free Float: 70,352,000
Market Cap: $784.01 million
Optionable: Optionable
Beta: 0.94

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Key Executives

Mr. Leonard Livschitz (Age 57)
CEO & Director
Comp: $2.08M
Mr. Anil Kumar Doradla (Age 54)
CFO & Secretary
Comp: $579.75k
Mr. Yury Gryzlov (Age 41)
COO & CEO of Grid Dynamics Europe
Comp: $779.48k
Mr. Rajeev Sharma
Chief Technology Officer
Mr. Valery Zelixon
Senior Vice President of Sales
Maria Vainer
Vice President of Human Resources
Mr. Eugene Steinberg Ph.D. (Age 45)
Technical Fellow & Head of Digital Commerce
Dr. Vadim Kozyrkov (Age 59)
Senior Vice President of Engineering & Strategic Account Development

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GDYN Stock Analysis - Frequently Asked Questions

Should I buy or sell Grid Dynamics stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Grid Dynamics in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GDYN shares.
View GDYN analyst ratings or view top-rated stocks.
What is Grid Dynamics' stock price target for 2024?: 4 Wall Street research analysts have issued 1-year price targets for Grid Dynamics' stock. Their GDYN share price targets range from $14.00 to $17.00. On average, they predict the company's stock price to reach $16.25 in the next twelve months. This suggests a possible upside of 57.5% from the stock's current price.
View analysts price targets for GDYN or view top-rated stocks among Wall Street analysts.
How have GDYN shares performed in 2024?: Grid Dynamics' stock was trading at $13.33 at the beginning of the year. Since then, GDYN stock has decreased by 22.6% and is now trading at $10.32.
View the best growth stocks for 2024 here.
When is Grid Dynamics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our GDYN earnings forecast.
How can I listen to Grid Dynamics' earnings call?: Grid Dynamics will be holding an earnings conference call on Thursday, May 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Grid Dynamics' earnings last quarter?: Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) issued its quarterly earnings data on Thursday, February, 22nd. The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.08 by $0.01. The business had revenue of $78.07 million for the quarter, compared to analysts' expectations of $76.64 million. Grid Dynamics had a negative net margin of 0.56% and a positive trailing twelve-month return on equity of 6.77%. The company's quarterly revenue was down 3.1% on a year-over-year basis. During the same period last year, the firm posted $0.14 earnings per share.

What guidance has Grid Dynamics issued on next quarter's earnings?: Grid Dynamics updated its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $77.0 million-$79.0 million, compared to the consensus revenue estimate of $77.5 million.
What other stocks do shareholders of Grid Dynamics own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Grid Dynamics investors own include Enterprise Products Partners (EPD), Phillips 66 (PSX), Vistra (VST), Cardtronics (CATM), Coca-Cola FEMSA (KOF), Moderna (MRNA), SailPoint Technologies (SAIL), CVS Health (CVS).
Who are Grid Dynamics' major shareholders?: Grid Dynamics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (10.02%), Fourth Sail Capital LP (0.43%) and Mesirow Financial Investment Management Inc. (0.02%). Insiders that own company stock include Anil Doradla, Eric Benhamou, Leonard Livschitz, Lloyd Carney, Marina Levinson, Patrick Nicolet, Shuo Zhang, Stan Klimoff, Teamsun Technology Co Beijing, Vadim Kozyrkov and Yueou Wang.
View institutional ownership trends.
How do I buy shares of Grid Dynamics?: Shares of GDYN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GDYN) was last updated on 4/19/2024 by MarketBeat.com Staff

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