Grid Dynamics upgraded by TD Cowen with a new price target
$GDYN
Computer Software: Prepackaged Software
Technology
TD Cowen upgraded Grid Dynamics from Hold to Buy and set a new price target of $16.00 from $12.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/2/2024 | $12.00 → $16.00 | Hold → Buy | TD Cowen |
| 5/24/2024 | $13.00 | Outperform | Wedbush |
| 3/4/2022 | $40.00 → $22.50 | Outperform | Northland Capital Markets |
| 3/4/2022 | $45.00 → $22.00 | Buy | Needham |
| 11/5/2021 | $30.00 → $45.00 | Buy | Needham |
| 11/1/2021 | $35.00 | Buy | Citigroup |
| 8/6/2021 | $23.00 → $30.00 | Buy | Needham |
| 7/30/2021 | $25.00 | Overweight | JP Morgan |
Record Revenues of $100.4 million and GAAP Net Income of $2.9 million Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) ("Grid Dynamics" or the "Company"), a leader in enterprise-level digital transformation, today announced results for the first quarter ended March 31, 2025. We are pleased to report first quarter 2025 revenues of $100.4 million, slightly above our outlook range of $98.0 million to $100.0 million that we provided in February 2025. Retail remained our largest vertical accounting for 31.4% of total revenues during the first quarter of 2025. The Finance vertical demonstrated the strongest performance, with revenues increasing 7.9% sequentially and 144.3% on a year-over-year basis.
Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) ("Grid Dynamics"), a leader in enterprise-level digital transformation services and solutions, today announced that it will host a video conference call at 4:30 p.m. ET on Thursday, May 1, 2025 to discuss its first quarter 2025 financial results. A press release containing these results will be available on our website prior to the call. A webcast of the video conference call, as well as a replay available after the event, can be accessed on the Investor Relations section of the company's website at https://www.griddynamics.com/investors. About Grid Dynamics Grid Dynamics (NASDAQ:GDYN) is a leading provider of technology consulting, platform and
Key Takeaways: The IoT Control Tower enables manufacturers, equipment providers, and energy companies to continuously analyze and act on data from production facilities and equipment fleets using machine learning, generative AI, and agentic AI methods. The new platform accelerates the deployment of large-scale analytics solutions for manufacturers by providing a centralized system integrated with other smart manufacturing components from Grid Dynamics. Employing the latest AI/ML technologies, Grid Dynamics created the IoT Control Tower to help clients reduce labor costs associated with manufacturing analytics, minimize issue response times, and improve process efficiency. Grid Dynam
NEW YORK, Dec. 26, 2024 /PRNewswire/ -- Grid Dynamics Holdings Inc. (NASD: GDYN) will replace Revelyst Inc. (NYSE:GEAR) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, January 2. Strategic Value Partners is acquiring Revelyst in a deal expected to close soon pending final conditions. Following is a summary of the change that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector Jan 2, 2025 S&P SmallCap 600 Addition Grid Dynamics Holdings GDYN Information Technology Jan 2, 2025 S&P SmallCap 600 Deletion Revelyst GEAR Consumer Discretionary For more information about S&P Dow Jo
Key Takeaways: The acquisition of JUXT accelerates Grid Dynamics' growth in the banking and financial services industries, particularly within the European market. JUXT's expertise as a full life cycle developer and operator of mission-critical information systems reinforces Grid Dynamics' go-to-market offering within financial services. The deal expands Grid Dynamics' portfolio of enterprise clients, and reinforces the company's position as a leader in complex data solutions. Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and digital engagement services, today announces its acquisition o
Key Takeaways: Rahul Shah joins the Grid Dynamics leadership team as Regional Head, India. In this pivotal role for Grid Dynamics, Rahul is focused on revenue growth, customer acquisition, and talent development. Rahul's 30+ years of industry experience and proven track record of building high-performing teams strengthen Grid Dynamics' ability to accelerate top-line revenue growth. Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and advanced analytics services, today proudly announced that Rahul Shah joined the company as Regional Head, India. Rahul's pivotal role centers around revenu
4 - GRID DYNAMICS HOLDINGS, INC. (0001743725) (Issuer)
4 - GRID DYNAMICS HOLDINGS, INC. (0001743725) (Issuer)
4 - GRID DYNAMICS HOLDINGS, INC. (0001743725) (Issuer)
Record Revenues of $100.4 million and GAAP Net Income of $2.9 million Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) ("Grid Dynamics" or the "Company"), a leader in enterprise-level digital transformation, today announced results for the first quarter ended March 31, 2025. We are pleased to report first quarter 2025 revenues of $100.4 million, slightly above our outlook range of $98.0 million to $100.0 million that we provided in February 2025. Retail remained our largest vertical accounting for 31.4% of total revenues during the first quarter of 2025. The Finance vertical demonstrated the strongest performance, with revenues increasing 7.9% sequentially and 144.3% on a year-over-year basis.
Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) ("Grid Dynamics"), a leader in enterprise-level digital transformation services and solutions, today announced that it will host a video conference call at 4:30 p.m. ET on Thursday, May 1, 2025 to discuss its first quarter 2025 financial results. A press release containing these results will be available on our website prior to the call. A webcast of the video conference call, as well as a replay available after the event, can be accessed on the Investor Relations section of the company's website at https://www.griddynamics.com/investors. About Grid Dynamics Grid Dynamics (NASDAQ:GDYN) is a leading provider of technology consulting, platform and
Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) ("Grid Dynamics"), a leader in enterprise-level digital transformation services and solutions, today announced that it will host a video conference call at 4:30 p.m. ET on Thursday, February 20, 2025 to discuss its fourth quarter and full year 2024 financial results. A press release containing these results will be available on our website prior to the call. A webcast of the video conference call, as well as a replay available after the event, can be accessed on the Investor Relations section of the company's website at https://www.griddynamics.com/investors. About Grid Dynamics Grid Dynamics (NASDAQ:GDYN) is a leading provider of technology
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TD Cowen upgraded Grid Dynamics from Hold to Buy and set a new price target of $16.00 from $12.00 previously
Wedbush initiated coverage of Grid Dynamics with a rating of Outperform and set a new price target of $13.00
Northland Capital Markets reiterated coverage of Grid Dynamics Holdings with a rating of Outperform and set a new price target of $22.50 from $40.00 previously