Northland Capmk Predicts Stronger Earnings for Grid Dynamics

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) – Investment analysts at Northland Capmk lifted their Q2 2025 earnings per share estimates for shares of Grid Dynamics in a research report issued on Tuesday, February 25th. Northland Capmk analyst T. Savageaux now forecasts that the company will post earnings per share of $0.05 for the quarter, up from their previous forecast of $0.04. The consensus estimate for Grid Dynamics’ current full-year earnings is $0.18 per share.

Several other analysts also recently commented on the company. TD Cowen increased their price objective on Grid Dynamics from $16.00 to $19.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Needham & Company LLC raised their price target on shares of Grid Dynamics from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $19.17.

Grid Dynamics Stock Performance

Shares of NASDAQ GDYN opened at $19.11 on Friday. The firm’s 50-day simple moving average is $21.64 and its 200 day simple moving average is $17.80. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of 477.75 and a beta of 1.01. Grid Dynamics has a fifty-two week low of $9.07 and a fifty-two week high of $25.50.

Grid Dynamics (NASDAQ:GDYN) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.06). The business had revenue of $100.28 million during the quarter, compared to the consensus estimate of $96.00 million. Grid Dynamics had a net margin of 1.15% and a negative return on equity of 0.33%.

Insider Transactions at Grid Dynamics

In related news, CFO Anil Doradla sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $24.09, for a total value of $48,180.00. Following the transaction, the chief financial officer now directly owns 341,012 shares in the company, valued at approximately $8,214,979.08. This represents a 0.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders have sold 8,000 shares of company stock valued at $171,780. 7.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Grid Dynamics

Several hedge funds have recently added to or reduced their stakes in GDYN. Vanguard Group Inc. lifted its position in Grid Dynamics by 26.8% in the 4th quarter. Vanguard Group Inc. now owns 5,535,526 shares of the company’s stock worth $123,110,000 after buying an additional 1,171,481 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of Grid Dynamics by 30.9% in the third quarter. Wellington Management Group LLP now owns 2,859,808 shares of the company’s stock worth $40,037,000 after buying an additional 675,419 shares during the period. Loomis Sayles & Co. L P bought a new stake in shares of Grid Dynamics in the fourth quarter worth about $55,114,000. Dimensional Fund Advisors LP increased its holdings in Grid Dynamics by 1.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,816,447 shares of the company’s stock valued at $40,399,000 after purchasing an additional 17,881 shares during the period. Finally, Next Century Growth Investors LLC increased its stake in shares of Grid Dynamics by 78.1% during the fourth quarter. Next Century Growth Investors LLC now owns 1,622,226 shares of the company’s stock valued at $36,078,000 after buying an additional 711,150 shares during the period. Institutional investors own 71.18% of the company’s stock.

About Grid Dynamics

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 modeling, observability, and analysis at scale.