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Grid Dynamics (GDYN) Competitors

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$7.58 -0.03 (-0.39%)
Closing price 04:00 PM Eastern
Extended Trading
$7.70 +0.13 (+1.65%)
As of 07:56 PM Eastern
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GDYN vs. FORTY, APPN, EVCM, PRCH, DV, AVDX, CXM, BBAI, CERT, and NYAX

Should you be buying Grid Dynamics stock or one of its competitors? The main competitors of Grid Dynamics include Formula Systems (1985) (FORTY), Appian (APPN), EverCommerce (EVCM), Porch Group (PRCH), DoubleVerify (DV), AvidXchange (AVDX), Sprinklr (CXM), BigBear.ai (BBAI), Certara (CERT), and Nayax (NYAX). These companies are all part of the "computer software" industry.

Grid Dynamics vs. Its Competitors

Grid Dynamics (NASDAQ:GDYN) and Formula Systems (1985) (NASDAQ:FORTY) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, dividends, analyst recommendations, valuation, profitability, risk, institutional ownership and media sentiment.

Grid Dynamics has a net margin of 4.37% compared to Formula Systems (1985)'s net margin of 2.70%. Formula Systems (1985)'s return on equity of 5.58% beat Grid Dynamics' return on equity.

Company Net Margins Return on Equity Return on Assets
Grid Dynamics4.37% 1.89% 1.64%
Formula Systems (1985) 2.70%5.58%2.58%

71.2% of Grid Dynamics shares are owned by institutional investors. Comparatively, 34.8% of Formula Systems (1985) shares are owned by institutional investors. 7.2% of Grid Dynamics shares are owned by company insiders. Comparatively, 23.3% of Formula Systems (1985) shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Grid Dynamics has a beta of 1.03, suggesting that its share price is 3% more volatile than the S&P 500. Comparatively, Formula Systems (1985) has a beta of 0.94, suggesting that its share price is 6% less volatile than the S&P 500.

Formula Systems (1985) has higher revenue and earnings than Grid Dynamics. Formula Systems (1985) is trading at a lower price-to-earnings ratio than Grid Dynamics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Grid Dynamics$350.57M1.83$4.04M$0.1939.89
Formula Systems (1985)$2.76B0.74$79.67M$4.9726.91

Grid Dynamics presently has a consensus target price of $15.75, suggesting a potential upside of 107.78%. Given Grid Dynamics' stronger consensus rating and higher probable upside, equities analysts plainly believe Grid Dynamics is more favorable than Formula Systems (1985).

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Grid Dynamics
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
Formula Systems (1985)
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

In the previous week, Formula Systems (1985) had 1 more articles in the media than Grid Dynamics. MarketBeat recorded 6 mentions for Formula Systems (1985) and 5 mentions for Grid Dynamics. Grid Dynamics' average media sentiment score of 1.08 beat Formula Systems (1985)'s score of 0.97 indicating that Grid Dynamics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Grid Dynamics
2 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Formula Systems (1985)
3 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Grid Dynamics beats Formula Systems (1985) on 9 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GDYN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GDYN vs. The Competition

MetricGrid DynamicsIT Services IndustryComputer SectorNASDAQ Exchange
Market Cap$644.34M$221.57B$31.74B$10.27B
Dividend YieldN/A1.74%3.15%4.63%
P/E Ratio76.1034.54449.9726.53
Price / Sales1.8332.452,005.49234.71
Price / Cash21.9724.5637.2060.52
Price / Book1.227.627.456.31
Net Income$4.04M$364.92M$809.77M$271.37M
7 Day Performance1.07%6.73%3.72%2.11%
1 Month Performance-1.56%9.41%6.87%6.67%
1 Year Performance-45.15%208.28%24,289.88%27.84%

Grid Dynamics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GDYN
Grid Dynamics
3.4596 of 5 stars
$7.58
-0.4%
$15.75
+107.8%
-45.4%$644.34M$350.57M76.104,730Positive News
FORTY
Formula Systems (1985)
1.4018 of 5 stars
$141.10
-5.4%
N/A+79.4%$2.29B$2.76B28.3922,720Gap Up
APPN
Appian
3.4451 of 5 stars
$30.80
+0.1%
$33.40
+8.4%
-7.5%$2.28B$617.02M-133.912,033Positive News
Short Interest ↓
EVCM
EverCommerce
0.974 of 5 stars
$11.86
+0.1%
$11.50
-3.0%
+9.9%$2.15B$698.77M-98.832,000Short Interest ↑
PRCH
Porch Group
2.2886 of 5 stars
$17.66
+1.3%
$15.67
-11.3%
+1,200.0%$2.14B$437.85M34.631,700Insider Trade
DV
DoubleVerify
4.3281 of 5 stars
$13.00
-0.2%
$19.13
+47.2%
-24.3%$2.13B$656.85M44.83800
AVDX
AvidXchange
1.4507 of 5 stars
$9.95
+0.2%
$10.04
+0.9%
+31.3%$2.06B$438.94M-198.961,600News Coverage
Positive News
CXM
Sprinklr
3.9001 of 5 stars
$7.80
+1.0%
$10.00
+28.3%
-0.6%$1.88B$796.39M17.323,589
BBAI
BigBear.ai
0.7404 of 5 stars
$5.10
+0.7%
$6.00
+17.8%
+280.3%$1.88B$158.24M-3.54660Trending News
Options Volume
Gap Down
CERT
Certara
4.6817 of 5 stars
$11.22
-0.5%
$15.14
+35.0%
+7.9%$1.81B$385.15M224.441,546Positive News
NYAX
Nayax
1.5385 of 5 stars
$48.42
-4.6%
$42.00
-13.3%
+86.2%$1.80B$314.01M84.951,130News Coverage
Positive News
Short Interest ↓
Gap Down

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This page (NASDAQ:GDYN) was last updated on 9/17/2025 by MarketBeat.com Staff
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