Grid Dynamics Holdings, Inc. (GDYN)
NASDAQ: GDYN · IEX Real-Time Price · USD
10.24
-0.18 (-1.73%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Grid Dynamics Holdings Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for GDYN stock have an average target of 15.75, with a low estimate of 14 and a high estimate of 17. The average target predicts an increase of 53.81% from the current stock price of 10.24.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for GDYN stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| 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 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $17 → $15 | Strong Buy | Maintains | $17 → $15 | +46.48% | Apr 22, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $14 → $17 | Buy | Maintains | $14 → $17 | +66.02% | Mar 13, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $16 → $17 | Buy | Maintains | $16 → $17 | +66.02% | Feb 23, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $16 → $17 | Strong Buy | Maintains | $16 → $17 | +66.02% | Feb 23, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $15 → $16 | Buy | Maintains | $15 → $16 | +56.25% | Feb 14, 2024 |
Financial Forecast
Revenue This Year
340.55M
from 312.91M
Increased by 8.83%
Revenue Next Year
405.02M
from 340.55M
Increased by 18.93%
EPS This Year
0.37
from -0.02
EPS Next Year
0.45
from 0.37
Increased by 23.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 354.9M | 430.5M | 521.9M |
| Avg | 340.6M | 405.0M | 498.3M |
| Low | 323.4M | 368.2M | 473.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.4% | 26.4% | 28.8% |
| Avg | 8.8% | 18.9% | 23.0% |
| Low | 3.4% | 8.1% | 16.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.41 | 0.50 | 0.66 |
| Avg | 0.37 | 0.45 | 0.59 |
| Low | 0.31 | 0.35 | 0.53 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 37.5% | 46.7% |
| Avg | - | 23.0% | 29.7% |
| Low | - | -3.8% | 17.3% |
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.