Grid Dynamics Holdings, Inc. (GDYN)
NASDAQ: GDYN · Real-Time Price · USD
20.50
+0.09 (0.44%)
Dec 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 18.14, with a low estimate of 13 and a high estimate of 25. The average target predicts a decrease of -11.51% from the current stock price of 20.50.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 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 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $20 → $25 | Strong Buy | Maintains | $20 → $25 | +21.95% | Dec 12, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $16 → $19 | Strong Buy | Maintains | $16 → $19 | -7.32% | Nov 1, 2024 |
| Needham | Needham | Strong Buy Maintains $17 → $20 | Strong Buy | Maintains | $17 → $20 | -2.44% | Nov 1, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $17 → $18 | Buy | Maintains | $17 → $18 | -12.20% | Oct 30, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | -12.20% | Oct 28, 2024 |
Financial Forecast
Revenue This Year
353.41M
from 312.91M
Increased by 12.94%
Revenue Next Year
418.26M
from 353.41M
Increased by 18.35%
EPS This Year
0.35
from -0.02
EPS Next Year
0.45
from 0.35
Increased by 26.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 364.4M | 446.3M | 541.1M |
| Avg | 353.4M | 418.3M | 488.8M |
| Low | 339.3M | 387.4M | 431.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.4% | 26.3% | 29.4% |
| Avg | 12.9% | 18.3% | 16.9% |
| Low | 8.4% | 9.6% | 3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.38 | 0.57 | 0.81 |
| Avg | 0.35 | 0.45 | 0.57 |
| Low | 0.32 | 0.36 | 0.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 60.7% | 81.0% |
| Avg | - | 26.6% | 27.9% |
| Low | - | 2.7% | -5.7% |
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.