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NASDAQ: GDYN
Grid Dynamics Holdings Inc Stock Forecast, Predictions & Price Target

Analyst price target for GDYN

Based on 4 analysts offering 12 month price targets for Grid Dynamics Holdings Inc.
Min Forecast
$14.00+31.58%
Avg Forecast
$16.25+52.73%
Max Forecast
$17.00+59.77%

Should I buy or sell GDYN stock?

Based on 4 analysts offering ratings for Grid Dynamics Holdings Inc.
Strong Buy
Strong Buy
3 analysts 75%
Buy
1 analysts 25%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GDYN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-13
lockedlocked$00.00+00.00%2024-02-23
lockedlocked$00.00+00.00%2024-02-23
lockedlocked$00.00+00.00%2023-11-20

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Forecast return on equity

Is GDYN forecast to generate an efficient return?
Company
N/A
Industry
10.15%
Market
20.28%

Forecast return on assets

Is GDYN forecast to generate an efficient return on assets?
Company
N/A
Industry
1.82%

GDYN revenue forecast

What is GDYN's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$333.3M+6.51%
Avg 2 year Forecast
$393.0M+25.6%
Avg 3 year Forecast
$496.8M+58.77%
GDYN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GDYN revenue growth forecast

How is GDYN forecast to perform vs Information Technology Services companies and vs the US market?
Company
13.94%
Industry
4.82%
Market
9.42%
GDYN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GDYN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GDYN vs Information Technology Service Stocks

TickerPricePrice TargetUp/downsideConsensus
GDYN$10.64$16.25+52.73%Strong Buy
NYAX$24.50N/AN/A
TWKS$2.26$4.29+89.73%Hold
CNDT$3.17$9.00+183.91%Buy
TASK$10.84$13.67+26.08%Hold

Grid Dynamics Holdings Stock Forecast FAQ

Is Grid Dynamics Holdings Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: GDYN) stock is to Strong Buy GDYN stock.

Out of 4 analysts, 3 (75%) are recommending GDYN as a Strong Buy, 1 (25%) are recommending GDYN as a Buy, 0 (0%) are recommending GDYN as a Hold, 0 (0%) are recommending GDYN as a Sell, and 0 (0%) are recommending GDYN as a Strong Sell.

If you're new to stock investing, here's how to buy Grid Dynamics Holdings stock.

What is GDYN's revenue growth forecast for 2024-2026?

(NASDAQ: GDYN) Grid Dynamics Holdings's forecast annual revenue growth rate of 13.94% is forecast to beat the US Information Technology Services industry's average forecast revenue growth rate of 4.82%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.42%.

Grid Dynamics Holdings's revenue in 2024 is $312,910,000.On average, 3 Wall Street analysts forecast GDYN's revenue for 2024 to be $25,320,219,506, with the lowest GDYN revenue forecast at $25,071,329,580, and the highest GDYN revenue forecast at $25,651,009,109. On average, 2 Wall Street analysts forecast GDYN's revenue for 2025 to be $29,858,054,187, with the lowest GDYN revenue forecast at $28,543,328,858, and the highest GDYN revenue forecast at $31,172,779,515.

In 2026, GDYN is forecast to generate $37,744,506,814 in revenue, with the lowest revenue forecast at $37,744,506,814 and the highest revenue forecast at $37,744,506,814.

What is GDYN's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: GDYN) forecast ROA is N/A, which is lower than the forecast US Information Technology Services industry average of 1.82%.

What is GDYN's Price Target?

According to 4 Wall Street analysts that have issued a 1 year GDYN price target, the average GDYN price target is $16.25, with the highest GDYN stock price forecast at $17.00 and the lowest GDYN stock price forecast at $14.00.

On average, Wall Street analysts predict that Grid Dynamics Holdings's share price could reach $16.25 by Mar 13, 2025. The average Grid Dynamics Holdings stock price prediction forecasts a potential upside of 52.73% from the current GDYN share price of $10.64.

What is GDYN's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: GDYN) forecast ROE is N/A, which is considered weak.
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