Grid Dynamics Holdings, Inc. (GDYN)
NASDAQ: GDYN · Real-Time Price · USD
16.81
+0.21 (1.27%)
Nov 20, 2024, 4:00 PM EST - Market closed
Grid Dynamics Holdings Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for GDYN stock have an average target of 17.43, with a low estimate of 13 and a high estimate of 20. The average target predicts an increase of 3.69% from the current stock price of 16.81.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for GDYN stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $16 → $19 | Strong Buy | Maintains | $16 → $19 | +13.03% | Nov 1, 2024 |
| Needham | Needham | Strong Buy Maintains $17 → $20 | Strong Buy | Maintains | $17 → $20 | +18.98% | Nov 1, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $17 → $18 | Buy | Maintains | $17 → $18 | +7.08% | Oct 30, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +7.08% | Oct 28, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $15 → $17 | Buy | Maintains | $15 → $17 | +1.13% | Sep 6, 2024 |
Financial Forecast
Revenue This Year
350.07M
from 312.91M
Increased by 11.88%
Revenue Next Year
414.12M
from 350.07M
Increased by 18.30%
EPS This Year
0.34
from -0.02
EPS Next Year
0.44
from 0.34
Increased by 29.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 364.2M | 446.3M | 541.1M |
| Avg | 350.1M | 414.1M | 489.9M |
| Low | 326.6M | 378.8M | 431.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.4% | 27.5% | 30.7% |
| Avg | 11.9% | 18.3% | 18.3% |
| Low | 4.4% | 8.2% | 4.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.38 | 0.57 | 0.81 |
| Avg | 0.34 | 0.44 | 0.63 |
| Low | 0.30 | 0.36 | 0.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 65.9% | 82.0% |
| Avg | - | 29.9% | 40.8% |
| Low | - | 6.1% | 8.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.