FY2026 EPS Forecast for Grid Dynamics Increased by Analyst

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) – Analysts at Northland Securities raised their FY2026 earnings per share (EPS) estimates for shares of Grid Dynamics in a research note issued on Monday, November 2nd. Northland Securities analyst T. Savageaux now expects that the company will post earnings per share of $0.31 for the year, up from their previous forecast of $0.22. The consensus estimate for Grid Dynamics’ current full-year earnings is $0.23 per share. Northland Securities also issued estimates for Grid Dynamics’ Q4 2026 earnings at $0.10 EPS, Q1 2027 earnings at $0.08 EPS, Q2 2027 earnings at $0.10 EPS and FY2027 earnings at $0.37 EPS.

Several other equities research analysts have also issued reports on GDYN. Weiss Ratings restated a “sell (d)” rating on shares of Grid Dynamics in a report on Thursday, October 29th. Zacks Research lowered shares of Grid Dynamics from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 15th. TD Cowen raised their price objective on shares of Grid Dynamics from $9.00 to $13.00 and gave the stock a “buy” rating in a research note on Friday, October 30th. JPMorgan Chase & Co. raised their price objective on shares of Grid Dynamics from $8.00 to $11.00 and gave the stock an “overweight” rating in a research note on Friday, October 30th. Finally, Needham & Company LLC increased their price target on Grid Dynamics from $10.00 to $15.00 and gave the stock a “buy” rating in a report on Friday, October 30th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Grid Dynamics currently has an average rating of “Hold” and an average target price of $11.80.

Grid Dynamics Stock Up 2.8%

GDYN stock opened at $13.75 on Thursday. Grid Dynamics has a twelve month low of $5.11 and a twelve month high of $14.02. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 63.67 and a beta of 0.88. The firm’s fifty day simple moving average is $8.46 and its two-hundred day simple moving average is $7.06.

Grid Dynamics (NASDAQ:GDYN) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.05. The company had revenue of $114.29 million for the quarter, compared to analyst estimates of $112.77 million. Grid Dynamics had a return on equity of 3.24% and a net margin of 1.81%.

Insider Activity

In other Grid Dynamics news, CFO Anil Doradla sold 20,000 shares of the business’s stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $10.51, for a total value of $210,200.00. Following the completion of the sale, the chief financial officer directly owned 374,509 shares of the company’s stock, valued at $3,936,089.59. The trade was a 5.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Yury Gryzlov sold 4,715 shares of the company’s stock in a transaction dated Tuesday, November 3rd. The stock was sold at an average price of $13.55, for a total transaction of $63,888.25. Following the completion of the transaction, the chief operating officer owned 480,063 shares in the company, valued at $6,504,853.65. This represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 49,636 shares of company stock valued at $500,195. 6.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its holdings in Grid Dynamics by 60.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 8,315 shares of the company’s stock worth $47,000 after purchasing an additional 3,122 shares during the period. Sequoia Financial Advisors LLC purchased a new stake in shares of Grid Dynamics in the 2nd quarter worth $75,000. FNY Investment Advisers LLC purchased a new stake in shares of Grid Dynamics in the 2nd quarter worth $99,000. Vise Technologies Inc. bought a new position in shares of Grid Dynamics during the 3rd quarter worth $103,000. Finally, StoneX Group Inc. bought a new position in shares of Grid Dynamics during the 3rd quarter worth $120,000. Institutional investors own 71.18% of the company’s stock.

Key Grid Dynamics News

Here are the key news stories impacting Grid Dynamics this week:

• Positive Sentiment: Northland Securities raised its estimates, projecting FY2026 EPS of $0.31 (up from $0.22) and FY2027 EPS of $0.37 (up from $0.29). It also increased its Q4 2026 estimate to $0.10 from $0.07. Broader upward estimate revisions have been highlighted as a potential near-term catalyst. Can Grid Dynamics (GDYN) Run Higher on Rising Earnings Estimates?
• Positive Sentiment: GDYN was added to Zacks’ Rank #1 “Strong Buy” momentum-stock list, reflecting favorable recent momentum and estimate trends. Best Momentum Stocks to Buy for November 4th
• Neutral Sentiment: COO Yury Gryzlov sold 4,715 shares for about $63,900 under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by less than 1%, leaving him with 480,063 shares, which moderates the significance of the transaction. Grid Dynamics insider sale
• Negative Sentiment: Analyst views remain mixed: the reported consensus rating was “Hold,” with two Sell ratings among eight analysts, and the $11.80 average target was below the recent share price. GDYN has also climbed close to its 52-week high, increasing the risk that optimistic expectations are already reflected in the price.

Grid Dynamics Company Profile

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.