Grid Dynamics Holdings, Inc. (GDYN)
NASDAQ: GDYN · IEX Real-Time Price · USD
10.57
+0.22 (2.13%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Grid Dynamics Holdings Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for GDYN stock have an average target of 15.5, with a low estimate of 13 and a high estimate of 17. The average target predicts an increase of 46.64% from the current stock price of 10.57.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 24, 2024.
Analyst Ratings
The average analyst rating for GDYN stock from 6 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 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 | 4 | 4 | 4 | 4 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Initiates $13 | Buy | Initiates | $13 | +22.99% | May 24, 2024 |
| Needham | Needham | Strong Buy Reiterates $16 | Strong Buy | Reiterates | $16 | +51.37% | May 3, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $17 → $15 | Buy | Maintains | $17 → $15 | +41.91% | May 2, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $17 → $15 | Strong Buy | Maintains | $17 → $15 | +41.91% | Apr 22, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $14 → $17 | Buy | Maintains | $14 → $17 | +60.83% | Mar 13, 2024 |
Financial Forecast
Revenue This Year
338.66M
from 312.91M
Increased by 8.23%
Revenue Next Year
396.07M
from 338.66M
Increased by 16.95%
EPS This Year
0.34
from -0.02
EPS Next Year
0.42
from 0.34
Increased by 24.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 351.9M | 420.0M | 508.7M |
| Avg | 338.7M | 396.1M | 489.6M |
| Low | 321.3M | 360.4M | 467.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.5% | 24.0% | 28.4% |
| Avg | 8.2% | 17.0% | 23.6% |
| Low | 2.7% | 6.4% | 17.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.39 | 0.49 | 0.63 |
| Avg | 0.34 | 0.42 | 0.56 |
| Low | 0.29 | 0.34 | 0.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 46.7% | 50.1% |
| Avg | - | 24.8% | 32.7% |
| Low | - | 2.0% | 20.9% |
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.