Northland Capmk Expects Stronger Earnings for Grid Dynamics

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Free Report) - Equities researchers at Northland Capmk upped their Q2 2025 earnings estimates for Grid Dynamics in a report released on Tuesday, February 25th. Northland Capmk analyst T. Savageaux now expects that the company will earn $0.05 per share 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.

Separately, Needham & Company LLC increased their target price on shares of Grid Dynamics from $25.00 to $30.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $19.17.

Grid Dynamics Stock Down 1.2 %

Shares of Grid Dynamics stock traded down $0.23 during trading on Friday, reaching $18.59. 1,024,705 shares of the stock were exchanged, compared to its average volume of 803,826. The stock's fifty day moving average is $21.57 and its 200 day moving average is $17.94. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 464.75 and a beta of 1.01. Grid Dynamics has a 1 year low of $9.07 and a 1 year high of $25.50.

Grid Dynamics (NASDAQ:GDYN - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.06). The business had revenue of $100.28 million for the quarter, compared to analysts' expectations of $96.00 million. Grid Dynamics had a net margin of 1.15% and a negative return on equity of 0.33%.

Hedge Funds Weigh In On Grid Dynamics

A number of institutional investors have recently bought and sold shares of GDYN. Coppell Advisory Solutions LLC bought a new position in shares of Grid Dynamics during the fourth quarter valued at approximately $25,000. Global Retirement Partners LLC bought a new position in shares of Grid Dynamics during the fourth quarter valued at approximately $27,000. FMR LLC increased its stake in shares of Grid Dynamics by 38.7% during the third quarter. FMR LLC now owns 2,873 shares of the company's stock valued at $40,000 after purchasing an additional 801 shares in the last quarter. MCF Advisors LLC increased its stake in shares of Grid Dynamics by 65.8% during the fourth quarter. MCF Advisors LLC now owns 1,864 shares of the company's stock valued at $41,000 after purchasing an additional 740 shares in the last quarter. Finally, Johnson Financial Group Inc. bought a new position in shares of Grid Dynamics during the fourth quarter valued at approximately $70,000. 71.18% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CFO Anil Doradla sold 2,000 shares of the stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $24.09, for a total value of $48,180.00. Following the completion of the transaction, the chief financial officer now directly owns 341,012 shares of the company's stock, valued at $8,214,979.08. This represents a 0.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 8,000 shares of company stock valued at $171,780 over the last three months. Corporate insiders own 7.20% of the company's stock.

Grid Dynamics Company Profile

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.