Grid Dynamics HoldingsGDYN
GDYN
About: Grid Dynamics Holdings Inc provides enterprise-level digital transformation in the areas of search, analytics, and release automation to Fortune 1000 companies. The company delivers tailored solutions in several industry verticals like Tech, Media and Telecom, Retail, Finance and Consumer Packaged goods (CPG)/manufacturing. The company derives maximum revenue from Retails. Geographically company earns revenue from North America, Europe and other regions.
Employees: 4,298
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
3,114% more call options, than puts
Call options by funds: $225K | Put options by funds: $7K
108% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 13
30% more capital invested
Capital invested by funds: $606M [Q2] → $789M (+$183M) [Q3]
10% more funds holding
Funds holding: 134 [Q2] → 148 (+14) [Q3]
1.77% less ownership
Funds ownership: 75.23% [Q2] → 73.46% (-1.77%) [Q3]
21% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 58
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$18
12%
downside
Avg. target
$20
2%
downside
High target
$25
22%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
Needham Mayank Tandon 67% 1-year accuracy 77 / 115 met price target | 22%upside $25 | Buy Maintained | 12 Dec 2024 |
TD Cowen Bryan Bergin 93% 1-year accuracy 26 / 28 met price target | 7%downside $19 | Buy Maintained | 1 Nov 2024 |
JP Morgan Tien-Tsin Huang 71% 1-year accuracy 72 / 102 met price target | 12%downside $18 | Overweight Maintained | 30 Oct 2024 |
Citigroup Ryan Potter 92% 1-year accuracy 11 / 12 met price target | 12%downside $18 | Buy Maintained | 28 Oct 2024 |
Financial journalist opinion
Based on 3 articles about GDYN published over the past 30 days
Positive
Zacks Investment Research
2 days ago
Looking for Outsized Gains in 2025? Buy 3 Breakout Stocks Now
Kingstone Companies, Sky Harbour Group and Grid Dynamics Holdings have been selected as the breakout stocks for today.
Neutral
Business Wire
1 week ago
Grid Dynamics Releases Portal to Streamline Developer Experience and Boost Productivity
SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and digital engagement services, today announced the launch of its innovative developer portal. This self-service system is designed to streamline the software development lifecycle (SDLC) by providing a unified interface for managing software components, environments, and provisioning templates. It centralizes access.
Positive
Zacks Investment Research
2 weeks ago
Grid Dynamics (GDYN) Is Up 0.22% in One Week: What You Should Know
Does Grid Dynamics (GDYN) have what it takes to be a top stock pick for momentum investors? Let's find out.
Neutral
Business Wire
1 month ago
Grid Dynamics Introduces Composable Commerce Starter Kit on Microsoft Azure, Enabling Rapid Replacement of Legacy Systems with Modern Digital Commerce Capabilities
SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and digital engagement services, today announces the launch of its Composable Commerce Starter Kit on Azure. This starter kit includes a minimum viable product (MVP) deployable in months, and empowers businesses to deliver superior digital commerce experiences with rapid time-to-value. Clients can leverage best-of-bre.
Neutral
Business Wire
1 month ago
Grid Dynamics Announces Pricing of Public Offering
SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) (“Grid Dynamics”), a leader in technology consulting, platform and product engineering, AI, and digital engagement services, today announced the pricing of an underwritten public offering of 5,750,000 shares of its common stock at a price to the public of $17.25 per share. The expected net proceeds of the offering after expenses are approximately $93.4 million, which are intended to be used for working capital, capit.
Neutral
Business Wire
1 month ago
Grid Dynamics Announces Proposed Public Offering
SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) (“Grid Dynamics”), a leader in technology consulting, platform and product engineering, AI, and digital engagement services, today announced the launch of a proposed underwritten public offering of 5,000,000 shares of its common stock. All of the shares to be sold in the offering are to be sold by Grid Dynamics. In addition, Grid Dynamics expects to grant the underwriters a 30-day option to purchase up to 750,000 add.
Neutral
Seeking Alpha
1 month ago
Grid Dynamics Holdings, Inc. (GDYN) Q3 2024 Earnings Call Transcript
Grid Dynamics Holdings, Inc. (NASDAQ:GDYN ) Q3 2024 Earnings Conference Call October 31, 2024 4:30 PM ET Company Participants Cary Savas - Director, Branding and Communications Leonard Livschitz - Chief Executive Officer Anil Doradla - Chief Financial Officer Yury Gryzlov - Chief Operating Officer Conference Call Participants Mayank Tandon - Needham Bryan Bergin - TD Cowen Maggie Nolan - William Blair Puneet Jain - JPMorgan Cary Savas Good afternoon, everyone. Welcome to Grid Dynamics Third Quarter 2024 Earnings Conference Call.
Positive
Zacks Investment Research
1 month ago
Grid Dynamics (GDYN) Matches Q3 Earnings Estimates
Grid Dynamics (GDYN) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.08 per share a year ago.
Neutral
Business Wire
1 month ago
Grid Dynamics Reports Third Quarter 2024 Financial Results
SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics” or the “Company”), a leader in enterprise-level digital transformation, today announced results for the third quarter ended September 30, 2024. We are very pleased to report third quarter 2024 revenues of $87.4 million that was higher than our outlook range of $84.0 million to $86.0 million that we provided in August 2024. Our Retail and Technology, Media and Telecom (“TMT”) verticals were the two l.
Neutral
Seeking Alpha
2 months ago
Grid Dynamics Is Well-Positioned To Deliver AI Transformations
Grid Dynamics, a digital transformation company, is well-positioned to capitalize on the growth in AI demand. While investors should not expect near-term alpha, I believe long-term gains are likely as trends in digital adoption compound and AI proliferates more widely. However, the company faces risks to its growth from larger players like Accenture and from regional macroeconomic challenges due to its concentration on U.S.-derived revenue.
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