Grid Dynamics Holdings, Inc. (GDYN)

NASDAQ: GDYN · IEX Real-Time Price · USD
10.36
-0.17 (-1.61%)
Apr 17, 2024, 2:47 PM EDT - Market open
-1.61%
Market Cap 787.09M
Revenue (ttm) 312.91M
Net Income (ttm) -1.77M
Shares Out 75.97M
EPS (ttm) -0.02
PE Ratio n/a
Forward PE 28.02
Dividend n/a
Ex-Dividend Date n/a
Volume 233,822
Open 10.57
Previous Close 10.53
Day's Range 10.23 - 10.57
52-Week Range 8.00 - 14.70
Beta 0.89
Analysts Strong Buy
Price Target 16.25 (+56.85%)
Earnings Date May 2, 2024

About 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 ... [Read more]

Sector Technology
Founded 2006
Employees 3,920
Stock Exchange NASDAQ
Ticker Symbol GDYN
Full Company Profile

Financial Performance

In 2023, GDYN's revenue was $312.91 million, an increase of 0.78% compared to the previous year's $310.48 million. Losses were -$1.77 million, -93.96% less than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for GDYN stock is "Strong Buy." The 12-month stock price forecast is $16.25, which is an increase of 56.85% from the latest price.

Price Target
$16.25
(56.85% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Grid Dynamics to Announce First Quarter 2024 Financial Results on May 2nd

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a leader in enterprise-level digital transformation services and solutions, today announced that it w...

1 day ago - Business Wire

Grid Dynamics Appoints Industry Veteran Rahul Shah to Lead Business Expansion in India

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 advanced analyti...

6 days ago - Business Wire

Grid Dynamics Recognized as a Leader in Everest Group's Inaugural Google Cloud Services Specialists PEAK Matrix® Assessment 2024

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 advanced analyti...

9 days ago - Business Wire

Grid Dynamics Introduces a GenAI-powered Data Migration Starter Kit to Accelerate Large-Scale Data Modernization Programs

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leader in enterprise-level digital transformation services and solutions, today unveils a GenAI-power...

20 days ago - Business Wire

Grid Dynamics Achieves AWS Well-Architected Partner Status

Key Takeaways: Achieving the AWS Well-Architected Partner Status formally recognizes Grid Dynamics' ability to build and audit secure, high-performing, resilient, and efficient infrastructure for vari...

4 weeks ago - Accesswire

Grid Dynamics Reports Fourth Quarter and Full Year 2023 Financial Results

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (“Grid Dynamics”, “the Company”), a leader in enterprise-level digital transformation, today announced results for its f...

7 weeks ago - Business Wire

Grid Dynamics and Yieldmo Implement a Next-Generation ML Platform Accelerating Time to Market for New ML Models and Improving Performance for Advertisers

Key Takeaways: Grid Dynamics and its client Yieldmo have co-innovated to develop an advanced ML platform with a comprehensive toolset that helps to streamline ad tech processes and improve the overall...

2 months ago - Accesswire

Grid Dynamics to Announce Fourth Quarter and Full Year 2023 Financial Results on February 22nd

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a leader in enterprise-level digital transformation services and solutions, today announced that it w...

2 months ago - Business Wire

Grid Dynamics Earns the AI and Machine Learning on Microsoft Azure Advanced Specialization

Key Takeaways: Grid Dynamics secures the AI and Machine Learning on Microsoft Azure Advanced Specialization, building on top of its recently awarded Analytics on Microsoft Azure Advanced Specializatio...

3 months ago - Accesswire

Grid Dynamics Earns the Analytics on Microsoft Azure Advanced Specialization

Key Takeaways: Grid Dynamics secures the sought-after Analytics on Microsoft Azure Advanced Specialization, reinforcing its status as a Microsoft AI Cloud Partner, and broadening its engagement in the...

4 months ago - Accesswire

Grid Dynamics to Ring Nasdaq Opening Bell on November 17, 2023

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics” or the “Company”), a leader in enterprise-level digital transformation services and solutions, today an...

5 months ago - Business Wire

Grid Dynamics Reports Third Quarter 2023 Financial Results

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics” or “Company”), a leader in enterprise-level digital transformation, today announced results for the thi...

5 months ago - Business Wire

Grid Dynamics Releases GenAI Intelligent Document Processing Starter Kit, Enabling Enterprises to Rapidly Create Document Processing Pipelines and Applications

Key Takeaways: The Grid Dynamics GenAI Intelligent Document Processing Starter Kit accelerates the automation of workflows that require information summarization, question answering, compliance valida...

6 months ago - Accesswire

Grid Dynamics Introduces Generative AI Product Data Starter Kit, Enabling Enterprises to Automate Product Catalog Attribution and Create Compelling Product Names and Descriptions at Scale

Key Takeaways: The Grid Dynamics Generative AI Product Data Starter Kit solves two pervasive challenges for enterprise companies-creating and maintaining high-fidelity product catalog attribution and ...

6 months ago - Accesswire

Reminder: Grid Dynamics to Host Analyst & Investor Day on November 16th

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics” or the “Company”), a leader in enterprise-level digital transformation services and solutions, today pr...

6 months ago - Business Wire

Grid Dynamics Deepens Partnership with Microsoft by Earning Coveted Specialization in the Azure Migrate and Modernize (AMM) Program

Key Takeaways: Grid Dynamics secures the sought-after Infra and Database Migration to Microsoft Azure Specialization, deepening its status as a Microsoft AI Cloud Partner and broadening its participat...

6 months ago - Accesswire

Grid Dynamics to Announce Third Quarter 2023 Financial Results on November 2nd

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics to Announce Third Quarter 2023 Financial Results on November 2nd.

6 months ago - Business Wire

Grid Dynamics Releases A Major Update of Its Analytics Platform With LLM-Powered Data Analytics, Advanced Semantic Layer, Data Access and Observability Services

Key Takeaways: Grid Dynamics releases the third version of its Analytics Platform with advanced features developed specifically for enterprise clients-strengthening its market position in this importa...

7 months ago - Accesswire

Grid Dynamics to Host Analyst & Investor Day on November 16th

SAN RAMON, CA / ACCESSWIRE / September 5, 2023 / Grid Dynamics Holdings, Inc. (Nasdaq:GDYN) ("Grid Dynamics" or the "Company"), a leader in enterprise-level digital transformation services and solutio...

8 months ago - Accesswire

Grid Dynamics Reports Second Quarter 2023 Financial Results

Record GAAP Net Income of $2.6 million and Revenue of $77.3 million SAN RAMON, CA / ACCESSWIRE / August 3, 2023 / Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) ("Grid Dynamics" or "Company"), a leader in...

9 months ago - Accesswire

Grid 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 Programs

Key Takeaways: Grid Dynamics strengthens its strategic position by earning membership in Microsoft's Azure Migration and Modernization Program (AMMP), facilitating seamless migration and modernization...

9 months ago - Accesswire

Grid Dynamics Welcomes Valery Zelixon, a Proven Revenue Catalyst, as Senior Vice President of Sales

Key Takeaways: Valery Zelixon joins Grid Dynamics as Senior Vice President of Sales, and under his leadership, Grid Dynamics will enhance its focus on sales and new growth strategies. A results-orient...

9 months ago - Accesswire

Grid Dynamics to Announce Second Quarter 2023 Financial Results on August 3rd

SAN RAMON, CA / ACCESSWIRE / July 6, 2023 / Grid Dynamics Holdings, Inc. (Nasdaq:GDYN) ("Grid Dynamics"), a leader in enterprise-level digital transformation services and solutions, today announced th...

10 months ago - Accesswire

Grid 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 Campaigns

Key Takeaways: Grid Dynamics unveiled an AI Focus Groups Starter Kit targeted at Enterprise clients seeking more efficient methods for discovering customer insights and optimizing their marketing camp...

10 months ago - Accesswire

Grid Dynamics to Participate in Generative AI Call Series with JP Morgan

SAN RAMON, CA / ACCESSWIRE / June 9, 2023 / Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) ("Grid Dynamics"), a leader in enterprise-level digital transformation services and solutions, today announced th...

11 months ago - Accesswire