FY2026 EPS Forecast for Grid Dynamics Boosted by Analyst

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) – Equities research analysts at Northland Securities raised their FY2026 EPS estimates for Grid Dynamics in a research note issued on Monday, November 2nd. Northland Securities analyst T. Savageaux now anticipates that the company will post earnings of $0.31 per share 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.

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

Grid Dynamics Stock Performance

GDYN opened at $13.75 on Thursday. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of 63.67 and a beta of 0.88. The firm’s fifty day moving average is $8.46 and its 200 day moving average is $7.06. Grid Dynamics has a fifty-two week low of $5.11 and a fifty-two week high of $14.02.

Grid Dynamics (NASDAQ:GDYN) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. The firm had revenue of $114.29 million during the quarter, compared to analysts’ expectations of $112.77 million. Grid Dynamics had a net margin of 1.81% and a return on equity of 3.24%.

Institutional Investors Weigh In On Grid Dynamics

A number of hedge funds have recently made changes to their positions in the company. Bank of America Corp DE increased 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. Pacer Advisors Inc. purchased a new stake in Grid Dynamics during the first quarter valued at $884,000. Walleye Capital LLC bought a new position in Grid Dynamics during the first quarter valued at $1,007,000. Quantinno Capital Management LP lifted its position in Grid Dynamics by 460.4% during the first quarter. Quantinno Capital Management LP now owns 206,289 shares of the company’s stock valued at $1,176,000 after purchasing an additional 169,477 shares during the last quarter. Finally, Squarepoint Ops LLC bought a new position in Grid Dynamics during the second quarter valued at $2,702,000. 71.18% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

Grid Dynamics News Roundup

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.

About Grid Dynamics

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.