S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
NASDAQ:GDYN

Grid Dynamics (GDYN) Stock Price, News & Analysis

$12.29
+0.05 (+0.41%)
(As of 03/28/2024 ET)
Today's Range
$12.19
$12.49
50-Day Range
$11.71
$14.17
52-Week Range
$8.00
$14.70
Volume
204,644 shs
Average Volume
305,324 shs
Market Capitalization
$933.67 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.25

Grid Dynamics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
32.2% Upside
$16.25 Price Target
Short Interest
Healthy
4.86% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.79mentions of Grid Dynamics in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$1.42 M Sold Last Quarter
Proj. Earnings Growth
75.00%
From $0.08 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.

3.93 out of 5 stars

Computer And Technology Sector

171st out of 588 stocks

Prepackaged Software Industry

50th out of 200 stocks

GDYN stock logo

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

GDYN Stock News Headlines

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GDYN Apr 2024 12.500 put
The Analyst Landscape: 5 Takes On Grid Dynamics Holdings
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Grid Dynamics: Q4 Earnings Snapshot
Here's what to expect from Grid Dynamics A's earnings report
GDYN Jun 2024 17.500 call
The Latest Analyst Ratings For Grid Dynamics Holdings
Grid Dynamics Holdings Inc (GDYN)
Grid Dynamics: Risk-Reward Is Balanced
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
3/29/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:GDYN
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
+32.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-1,760,000.00
Pretax Margin
1.55%

Debt

Sales & Book Value

Annual Sales
$312.91 million
Cash Flow
$0.49 per share
Book Value
$5.05 per share

Miscellaneous

Free Float
70,352,000
Market Cap
$933.67 million
Optionable
Optionable
Beta
0.96
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GDYN Stock Analysis - Frequently Asked Questions

Should I buy or sell Grid Dynamics stock right now?

4 Wall Street 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 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 equities research analysts have issued twelve-month 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 share price to reach $16.25 in the next twelve months. This suggests a possible upside of 32.2% 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 7.8% and is now trading at $12.29.
View the best growth stocks for 2024 here
.

Are investors shorting Grid Dynamics?

Grid Dynamics saw a drop in short interest in March. As of March 15th, there was short interest totaling 2,650,000 shares, a drop of 12.8% from the February 29th total of 3,040,000 shares. Based on an average daily trading volume, of 295,200 shares, the days-to-cover ratio is presently 9.0 days. Currently, 4.9% of the company's stock are short sold.
View Grid Dynamics' Short Interest
.

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 were Grid Dynamics' earnings last quarter?

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) posted its earnings results on Thursday, February, 22nd. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate 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 positive trailing twelve-month return on equity of 6.77% and a negative net margin of 0.56%. The company's revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 EPS.

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 retail and institutional investors. Top institutional investors include Wasatch Advisors LP (9.60%), Vanguard Group Inc. (5.47%), Vanguard Group Inc. (5.45%), Riverbridge Partners LLC (4.73%), Riverbridge Partners LLC (4.27%) and Jennison Associates LLC (3.06%). 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 3/29/2024 by MarketBeat.com Staff

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