Positive News SentimentPositive NewsNASDAQ:GDYN Grid Dynamics (GDYN) Stock Forecast, Price & News $11.74 -0.38 (-3.14%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$11.68▼$12.1550-Day Range$9.68▼$12.2652-Week Range$8.00▼$20.12Volume423,120 shsAverage Volume454,242 shsMarket Capitalization$884.49 millionP/E RatioN/ADividend YieldN/APrice Target$14.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Grid Dynamics MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside19.3% Upside$14.00 Price TargetShort InterestBearish5.00% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.83Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth200.00%From $0.14 to $0.42 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.11 out of 5 starsComputer And Technology Sector377th out of 578 stocksPrepackaged Software Industry125th out of 206 stocks 2.5 Analyst's Opinion Consensus RatingGrid 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.00, Grid Dynamics has a forecasted upside of 19.3% from its current price of $11.74.Amount of Analyst CoverageGrid Dynamics has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.00% of the float of Grid Dynamics has been sold short.Short Interest Ratio / Days to CoverGrid Dynamics has a short interest ratio ("days to cover") of 5.9.Change versus previous monthShort interest in Grid Dynamics has recently decreased by 1.08%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldGrid Dynamics does not currently pay a dividend.Dividend GrowthGrid Dynamics does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GDYN. Previous Next 3.2 News and Social Media Coverage News SentimentGrid Dynamics has a news sentiment score of 1.83. 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 0.56 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Grid Dynamics this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for GDYN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added Grid Dynamics to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Grid Dynamics insiders have not sold or bought any company stock.Percentage Held by Insiders11.80% of the stock of Grid Dynamics is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions69.68% of the stock of Grid Dynamics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Grid Dynamics are expected to grow by 200.00% in the coming year, from $0.14 to $0.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Grid Dynamics is -43.48, 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. SectorThe P/E ratio of Grid Dynamics is -43.48, 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 RatioGrid Dynamics has a P/B Ratio of 2.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Grid Dynamics (NASDAQ:GDYN) StockGrid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise-level digital transformation services in the areas of search, analytics, and release automation for Fortune 1000 corporations in North America, Europe, and internationally. It works in collaboration with its clients on digital transformation initiatives that cover strategy consulting, early prototypes, and enterprise-scale delivery of new digital platforms. The company offers technical consulting, software design, development, testing, and internet service operations services. It serves customers that operate in the retail, technology and telecommunications, media, consumer packaged goods/manufacturing, financial services, and other sectors. 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.Read More GDYN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GDYN Stock News HeadlinesSeptember 7, 2023 | finance.yahoo.comGrid Dynamics Releases A Major Update of Its Analytics Platform With LLM-Powered Data Analytics, Advanced Semantic Layer, Data Access and Observability ServicesSeptember 5, 2023 | finance.yahoo.comGrid Dynamics to Host Analyst & Investor Day on November 16thSeptember 26, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsAugust 27, 2023 | finance.yahoo.comIs It Time To Consider Buying Grid Dynamics Holdings, Inc. (NASDAQ:GDYN)?August 17, 2023 | finance.yahoo.comGrid Dynamics Announces Partnership with Blue Yonder to Efficiently Deliver Supply Chain Solutions at ScaleAugust 16, 2023 | finance.yahoo.comHere’s What Happened to Grid Dynamics Holdings (GDYN) after it Went PublicAugust 11, 2023 | finance.yahoo.comGrid Dynamics Holdings, Inc. (NASDAQ:GDYN) Q2 2023 Earnings Call TranscriptAugust 10, 2023 | seekingalpha.comGrid Dynamics Reaches Operating Breakeven As Revenue Growth StallsSeptember 26, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsAugust 4, 2023 | msn.comNeedham Reiterates Grid Dynamics Holdings Inc - (GDYN) Buy RecommendationAugust 4, 2023 | finance.yahoo.comQ2 2023 Grid Dynamics Holdings Inc Earnings CallAugust 3, 2023 | msn.comGrid Dynamics Holdings Inc - (GDYN) Price Target Decreased by 5.63% to 13.67August 3, 2023 | finance.yahoo.comGrid Dynamics Reports Second Quarter 2023 Financial ResultsJuly 20, 2023 | markets.businessinsider.comAnalyst Expectations for Grid Dynamics Holdings's FutureJuly 20, 2023 | finance.yahoo.comGrid Dynamics Earns Membership in Microsoft’s Azure Migration and Modernization Program - Enabling Its Clients to Accelerate Time to Value on Cloud Transformation Initiatives and Invest in More Advanced and Disruptive Business Driving ProgramsJuly 11, 2023 | finanznachrichten.deGrid Dynamics New Hire: Grid Dynamics Welcomes Valery Zelixon, a Proven Revenue Catalyst, as Senior Vice President of SalesJuly 11, 2023 | finance.yahoo.comGrid Dynamics Welcomes Valery Zelixon, a Proven Revenue Catalyst, as Senior Vice President of SalesJuly 10, 2023 | benzinga.comShort Volatility Alert: Grid Dynamics HoldingsJuly 6, 2023 | finance.yahoo.comGrid Dynamics to Announce Second Quarter 2023 Financial Results on August 3rdJune 28, 2023 | finance.yahoo.comGrid Dynamics Launches AI Focus Groups Starter Kit - An Innovative Generative AI Solution for Faster, Easier, and Less Expensive Analysis of User-Generated Content and Optimization of Social Media CampaignsJune 27, 2023 | stockhouse.comGroupBy and Grid Dynamics Join Forces to Simplify and Accelerate Time to Integration of GroupBy's eCommerce Search and Product Discovery PlatformJune 27, 2023 | finance.yahoo.comGroupBy and Grid Dynamics Join Forces to Simplify and Accelerate Time to Integration of GroupBy’s eCommerce Search and Product Discovery PlatformJune 9, 2023 | finance.yahoo.comGrid Dynamics to Participate in Generative AI Call Series with JP MorganJune 7, 2023 | markets.businessinsider.comGrid Dynamics Climbs 9%; Backs Q2 Revenue OutlookJune 6, 2023 | markets.businessinsider.comJ.P. Morgan Keeps Their Buy Rating on Grid Dynamics Holdings (GDYN)June 6, 2023 | finance.yahoo.comGrid Dynamics Expands Relationship with Google Cloud, Serving as Global Partner for Implementing Innovative Generative AI SolutionsJune 6, 2023 | finance.yahoo.comGrid Dynamics Reiterates Second Quarter 2023 OutlookSee More Headlines Receive GDYN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Grid Dynamics and its competitors with MarketBeat's FREE daily newsletter. Email Address GDYN Company Calendar Last Earnings8/03/2023Today9/26/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:GDYN CUSIPN/A CIK1743725 Webwww.griddynamics.com Phone(650) 523-5000FaxN/AEmployees3,798Year FoundedN/APrice Target and Rating Average Stock Price Forecast$14.00 High Stock Price Forecast$14.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+18.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.27) Trailing P/E RatioN/A Forward P/E Ratio84.43 P/E GrowthN/ANet Income$-29,210,000.00 Net Margins-5.86% Pretax Margin-2.65% Return on Equity9.71% Return on Assets8.47% Debt Debt-to-Equity RatioN/A Current Ratio6.01 Quick Ratio6.01 Sales & Book Value Annual Sales$310.48 million Price / Sales2.87 Cash Flow$0.62 per share Price / Cash Flow19.10 Book Value$4.90 per share Price / Book2.41Miscellaneous Outstanding Shares75,340,000Free Float66,446,000Market Cap$890.52 million OptionableNot Optionable Beta0.80 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Leonard Livschitz (Age 56)CEO & Director Comp: $2.08MMr. Anil Kumar Doradla (Age 53)CFO & Sec. Comp: $579.75kMr. Yury Gryzlov (Age 40)COO & CEO of Grid Dynamics Europe Comp: $779.48kMr. Rajeev SharmaChief Technology OfficerMr. Valery ZelixonSr. VP of SalesMr. Eugene Steinberg Ph.D. (Age 44)Technical Fellow & Head of Digital Commerce Dr. Vadim Kozyrkov (Age 58)Sr. VP of Engineering & Strategic Account Devel. More ExecutivesKey CompetitorsEverbridgeNASDAQ:EVBGCerenceNASDAQ:CRNCCouchbaseNASDAQ:BASEVTEXNYSE:VTEXTuyaNYSE:TUYAView All CompetitorsInsiders & InstitutionsCalifornia State Teachers Retirement SystemBought 5,643 shares on 8/21/2023Ownership: 0.090%Osaic Holdings Inc.Sold 20,475 shares on 8/21/2023Ownership: 0.007%Alliancebernstein L.P.Bought 8,354 shares on 8/15/2023Ownership: 0.066%Capital Impact Advisors LLCBought 2,203 shares on 8/15/2023Ownership: 0.053%Captrust Financial AdvisorsBought 1,400 shares on 8/15/2023Ownership: 0.026%View All Insider TransactionsView All Institutional Transactions GDYN Stock - 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 twelve months. 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 forecast for 2023? 4 Wall Street analysts have issued 1-year price objectives for Grid Dynamics' shares. Their GDYN share price forecasts range from $14.00 to $14.00. On average, they anticipate the company's share price to reach $14.00 in the next year. This suggests a possible upside of 18.4% 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 2023? Grid Dynamics' stock was trading at $11.22 at the start of the year. Since then, GDYN shares have increased by 5.3% and is now trading at $11.82. View the best growth stocks for 2023 here. When is Grid Dynamics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our GDYN earnings forecast. How were Grid Dynamics' earnings last quarter? Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) posted its earnings results on Thursday, August, 3rd. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.01. The business earned $77.30 million during the quarter, compared to analysts' expectations of $76.36 million. Grid Dynamics had a negative net margin of 5.86% and a positive trailing twelve-month return on equity of 9.71%. Grid Dynamics's quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.12 EPS. What guidance has Grid Dynamics issued on next quarter's earnings? Grid Dynamics issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $76.00 million-$78.00 million, compared to the consensus revenue estimate of $76.20 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). What is Grid Dynamics' stock symbol? Grid Dynamics trades on the NASDAQ under the ticker symbol "GDYN." Who are Grid Dynamics' major shareholders? Grid Dynamics' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (9.65%), BlackRock Inc. (6.00%), Riverbridge Partners LLC (4.92%), Granahan Investment Management LLC (3.51%), Jennison Associates LLC (3.39%) and Royal Bank of Canada (2.24%). Insiders that own company stock include Eric Benhamou, Leonard Livschitz, Lloyd Carney, Marina Levinson, Max Martynov, Patrick Nicolet, Shuo Zhang, Stan Klimoff, Teamsun Technology Co Beijing, Vadim Kozyrkov, Victoria Livshitz 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Grid Dynamics' stock price today? One share of GDYN stock can currently be purchased for approximately $11.82. How much money does Grid Dynamics make? Grid Dynamics (NASDAQ:GDYN) has a market capitalization of $890.52 million and generates $310.48 million in revenue each year. The company earns $-29,210,000.00 in net income (profit) each year or ($0.27) on an earnings per share basis. How many employees does Grid Dynamics have? The company employs 3,798 workers across the globe. How can I contact Grid Dynamics? Grid Dynamics' mailing address is 5000 Executive Parkway Suite 520, San Ramon CA, 94583. The official website for the company is www.griddynamics.com. The company can be reached via phone at (650) 523-5000 or via email at investorrelations@griddynamics.com. This page (NASDAQ:GDYN) was last updated on 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Grid Dynamics Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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