Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Stock Has Average Target Price of $9.40

Posted by Geri Gentry on Oct 27th, 2026

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN – Get Free Report) has received an average recommendation of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $9.40.

A number of analysts have recently commented on GDYN shares. Zacks Research lowered shares of Grid Dynamics from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 15th. Weiss Ratings restated a “sell (d)” rating on shares of Grid Dynamics in a research report on Friday, July 31st. JPMorgan Chase & Co. increased their price objective on shares of Grid Dynamics from $7.00 to $8.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. TD Cowen raised their target price on shares of Grid Dynamics from $8.00 to $9.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Needham & Company LLC lifted their target price on shares of Grid Dynamics from $8.00 to $10.00 and gave the stock a “buy” rating in a research report on Friday, July 31st.

View Our Latest Stock Analysis on Grid Dynamics

Grid Dynamics Stock Performance

NASDAQ GDYN opened at $8.61 on Tuesday. Grid Dynamics has a one year low of $5.11 and a one year high of $10.21. The stock has a 50-day moving average of $7.92 and a 200 day moving average of $6.99. The company has a market capitalization of $698.53 million, a price-to-earnings ratio of 430.72 and a beta of 0.97.

Grid Dynamics (NASDAQ:GDYN – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. The business had revenue of $108.16 million for the quarter, compared to analysts’ expectations of $106.55 million. Grid Dynamics had a net margin of 0.68% and a return on equity of 1.90%. On average, equities analysts predict that Grid Dynamics will post 0.20 earnings per share for the current fiscal year.

Insider Buying and Selling at Grid Dynamics

In other news, COO Yury Gryzlov sold 4,849 shares of the firm’s stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $8.00, for a total value of $38,792.00. Following the transaction, the chief operating officer directly owned 495,290 shares in the company, valued at $3,962,320. This trade represents a 0.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 14,409 shares of company stock worth $115,625. 6.50% of the stock is owned by corporate insiders.

Institutional Trading of Grid Dynamics

A number of hedge funds have recently bought and sold shares of the company. Bastion Asset Management Inc. purchased a new stake in Grid Dynamics during the first quarter valued at $6,899,000. Squarepoint Ops LLC purchased a new position in Grid Dynamics in the second quarter worth about $2,702,000. Summit Creek Advisors LLC purchased a new position in Grid Dynamics in the second quarter worth about $2,452,000. Bank of America Corp DE boosted its position in Grid Dynamics by 76.4% in the first quarter. Bank of America Corp DE now owns 364,342 shares of the company’s stock worth $2,077,000 after purchasing an additional 157,767 shares during the last quarter. Finally, Principal Financial Group Inc. grew its stake in shares of Grid Dynamics by 2.4% during the 1st quarter. Principal Financial Group Inc. now owns 323,773 shares of the company’s stock valued at $1,846,000 after purchasing an additional 7,548 shares during the period. Hedge funds and other institutional investors own 71.18% of the company’s stock.

Grid Dynamics Company Profile

(Get Free Report)

Grid Dynamics Holdings, Inc (NASDAQ: GDYN) is a digital engineering and technology services company that helps enterprises modernize their technology infrastructure and develop data-driven products. Its services include software engineering, cloud computing, data engineering, artificial intelligence and machine learning, user experience design, and application modernization.

The company develops and implements technology solutions for industries including retail and consumer packaged goods, financial services, manufacturing, healthcare, and technology.