Northland Capmk Raises Earnings Estimates for Grid Dynamics

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) – Equities research analysts at Northland Capmk lifted their Q2 2025 earnings per share (EPS) estimates for shares of Grid Dynamics in a report issued on Tuesday, February 25th. Northland Capmk analyst T. Savageaux now anticipates that the company will post earnings of $0.05 per share for the quarter, up from their previous estimate of $0.04. The consensus estimate for Grid Dynamics’ current full-year earnings is $0.18 per share.

A number of other equities research analysts also recently commented on GDYN. TD Cowen upped their price objective on Grid Dynamics from $16.00 to $19.00 and gave the company a “buy” rating in a report on Friday, November 1st. Needham & Company LLC increased their price objective on Grid Dynamics from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, February 21st. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $19.17.

Grid Dynamics Stock Down 1.5 %

Shares of GDYN opened at $18.82 on Friday. Grid Dynamics has a 12-month low of $9.07 and a 12-month high of $25.50. The firm has a market capitalization of $1.55 billion, a PE ratio of 470.50 and a beta of 1.01. The stock’s fifty day simple moving average is $21.61 and its 200-day simple moving average is $17.84.

Grid Dynamics (NASDAQ:GDYN) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.06). The business had revenue of $100.28 million during the quarter, compared to the consensus estimate of $96.00 million. Grid Dynamics had a negative return on equity of 0.33% and a net margin of 1.15%.

Insider Activity at Grid Dynamics

In related news, CFO Anil Doradla sold 3,000 shares of the business’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $22.12, for a total value of $66,360.00. Following the completion of the sale, the chief financial officer now directly owns 343,012 shares of the company’s stock, valued at $7,587,425.44. The trade was a 0.87 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have sold a total of 8,000 shares of company stock valued at $171,780 in the last 90 days. 7.20% of the stock is owned by corporate insiders.

Institutional Trading of Grid Dynamics

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rice Hall James & Associates LLC purchased a new position in Grid Dynamics in the third quarter valued at approximately $1,751,000. Royce & Associates LP raised its position in shares of Grid Dynamics by 5.9% in the third quarter. Royce & Associates LP now owns 802,101 shares of the company’s stock worth $11,229,000 after buying an additional 44,720 shares in the last quarter. Quest Partners LLC raised its position in shares of Grid Dynamics by 35,544.7% in the third quarter. Quest Partners LLC now owns 16,753 shares of the company’s stock worth $235,000 after buying an additional 16,706 shares in the last quarter. Intech Investment Management LLC purchased a new stake in Grid Dynamics during the third quarter valued at about $153,000. Finally, Charles Schwab Investment Management Inc. raised its position in Grid Dynamics by 3.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 464,206 shares of the company’s stock valued at $6,499,000 after purchasing an additional 13,785 shares in the last quarter. 71.18% of the stock is owned by institutional investors.

Grid Dynamics Company Profile

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.