Grid Dynamics FY2026 EPS Estimate Lowered by William Blair

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) – Research analysts at William Blair decreased their FY2026 earnings per share estimates for Grid Dynamics in a research report issued on Thursday, March 6th. William Blair analyst M. Nolan now anticipates that the company will earn $0.12 per share for the year, down from their prior estimate of $0.17. The consensus estimate for Grid Dynamics’ current full-year earnings is $0.18 per share.

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

Separately, Needham & Company LLC increased their price objective on shares of Grid Dynamics from $25.00 to $30.00 and gave the company a “buy” rating in a research 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 company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $19.17.

Grid Dynamics Stock Performance

GDYN stock opened at $18.42 on Monday. Grid Dynamics has a fifty-two week low of $9.07 and a fifty-two week high of $25.50. The company’s 50 day moving average price is $21.37 and its 200 day moving average price is $18.09. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 460.50 and a beta of 1.10.

Insider Buying and Selling at Grid Dynamics

In other Grid Dynamics news, CFO Anil Doradla sold 3,000 shares of the company’s stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $22.12, for a total value of $66,360.00. Following the completion of the transaction, the chief financial officer now owns 343,012 shares in the company, valued at $7,587,425.44. This represents a 0.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Yury Gryzlov sold 10,306 shares of Grid Dynamics stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $18.66, for a total value of $192,309.96. Following the sale, the chief operating officer now owns 482,759 shares in the company, valued at $9,008,282.94. This trade represents a 2.09 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 15,306 shares of company stock worth $306,850 over the last three months. Insiders own 7.20% of the company’s stock.

Institutional Investors Weigh In On Grid Dynamics

Several large investors have recently modified their holdings of GDYN. Royce & Associates LP raised its position in Grid Dynamics by 5.9% in the 3rd quarter. Royce & Associates LP now owns 802,101 shares of the company’s stock valued at $11,229,000 after purchasing an additional 44,720 shares during the last quarter. Quest Partners LLC increased its stake in Grid Dynamics by 35,544.7% in the third quarter. Quest Partners LLC now owns 16,753 shares of the company’s stock valued at $235,000 after purchasing an additional 16,706 shares during the period. Intech Investment Management LLC purchased a new stake in shares of Grid Dynamics in the third quarter valued at about $153,000. Charles Schwab Investment Management Inc. boosted its stake in shares of Grid Dynamics by 3.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 464,206 shares of the company’s stock worth $6,499,000 after buying an additional 13,785 shares during the period. Finally, Quantbot Technologies LP purchased a new position in shares of Grid Dynamics during the third quarter worth about $122,000. 71.18% of the stock is owned by institutional investors and hedge funds.

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.