Northland Capmk Forecasts Grid Dynamics Q1 Earnings

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) – Equities researchers at Northland Capmk issued their Q1 2026 EPS estimates for Grid Dynamics in a report issued on Monday, November 3rd. Northland Capmk analyst T. Savageaux expects that the company will post earnings of $0.02 per share for the quarter. The consensus estimate for Grid Dynamics’ current full-year earnings is $0.18 per share. Northland Capmk also issued estimates for Grid Dynamics’ Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.05 EPS, Q4 2026 earnings at $0.05 EPS and FY2026 earnings at $0.15 EPS.

A number of other brokerages have also issued reports on GDYN. Jefferies Financial Group started coverage on Grid Dynamics in a research note on Monday, September 22nd. They issued a “buy” rating and a $11.00 price target for the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Grid Dynamics in a report on Wednesday, October 8th. Zacks Research upgraded shares of Grid Dynamics from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Wall Street Zen downgraded shares of Grid Dynamics from a “buy” rating to a “hold” rating in a report on Sunday, July 20th. Finally, Needham & Company LLC cut their price target on shares of Grid Dynamics from $15.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $11.33.

Grid Dynamics Price Performance

NASDAQ GDYN opened at $8.81 on Wednesday. Grid Dynamics has a 1-year low of $7.37 and a 1-year high of $25.50. The stock has a market capitalization of $745.94 million, a price-to-earnings ratio of 58.73 and a beta of 1.07. The business’s fifty day moving average price is $7.99 and its 200-day moving average price is $10.24.

Grid Dynamics (NASDAQ:GDYN) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.09. Grid Dynamics had a return on equity of 1.74% and a net margin of 3.42%.The company had revenue of $104.16 million for the quarter, compared to the consensus estimate of $103.64 million. During the same quarter in the previous year, the business earned $0.14 EPS. Grid Dynamics’s revenue was up 19.1% compared to the same quarter last year. Grid Dynamics has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS.

Institutional Trading of Grid Dynamics

A number of hedge funds and other institutional investors have recently made changes to their positions in GDYN. New York State Teachers Retirement System increased its stake in shares of Grid Dynamics by 35.1% in the first quarter. New York State Teachers Retirement System now owns 17,903 shares of the company’s stock worth $280,000 after acquiring an additional 4,656 shares during the period. Principal Financial Group Inc. lifted its holdings in Grid Dynamics by 2.4% during the first quarter. Principal Financial Group Inc. now owns 324,145 shares of the company’s stock valued at $5,073,000 after purchasing an additional 7,544 shares in the last quarter. Arizona State Retirement System lifted its holdings in Grid Dynamics by 7.4% during the first quarter. Arizona State Retirement System now owns 19,109 shares of the company’s stock valued at $299,000 after purchasing an additional 1,324 shares in the last quarter. Mutual of America Capital Management LLC lifted its holdings in Grid Dynamics by 2.8% during the first quarter. Mutual of America Capital Management LLC now owns 357,779 shares of the company’s stock valued at $5,599,000 after purchasing an additional 9,835 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its stake in shares of Grid Dynamics by 34.0% in the first quarter. New York State Common Retirement Fund now owns 120,136 shares of the company’s stock worth $1,880,000 after buying an additional 30,463 shares in the last quarter. Institutional investors and hedge funds own 71.18% of the company’s stock.

Grid Dynamics Company Profile

Grid Dynamics Holdings, Inc, together with its subsidiaries, provides technology consulting, platform and product engineering, and analytics services in North America, Europe, and internationally. It offers cloud platform and product engineering services, such as architecting, designing, and building scalable and secure cloud-based platforms and business applications; and AI/machine learning and data platform engineering services that build platforms to facilitate batch and streaming data ingestion, quality governance, orchestration, semantic modeling, observability, and analysis at scale.