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Grid Dynamics Holdings Inc has a consensus price target of $18.06 based on the ratings of 8 analysts. The high is $22.5 issued by Northland Capital Markets on March 4, 2022. The low is $13 issued by Wedbush on May 24, 2024. The 3 most-recent analyst ratings were released by TD Cowen, Needham, and JP Morgan on November 1, 2024, November 1, 2024, and October 30, 2024, respectively. With an average price target of $19 between TD Cowen, Needham, and JP Morgan, there's an implied 16.92% upside for Grid Dynamics Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Grid Dynamics Holdings (NASDAQ:GDYN) was reported by TD Cowen on November 1, 2024. The analyst firm set a price target for $19.00 expecting GDYN to rise to within 12 months (a possible 16.92% upside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for Grid Dynamics Holdings (NASDAQ:GDYN) was provided by TD Cowen, and Grid Dynamics Holdings maintained their buy rating.
There is no last upgrade for Grid Dynamics Holdings
There is no last downgrade for Grid Dynamics Holdings.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Grid Dynamics Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Grid Dynamics Holdings was filed on November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.
While ratings are subjective and will change, the latest Grid Dynamics Holdings (GDYN) rating was a maintained with a price target of $16.00 to $19.00. The current price Grid Dynamics Holdings (GDYN) is trading at is $16.25, which is within the analyst’s predicted range.
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