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Grid Dynamics Holdings Inc has a consensus price target of $16.79 based on the ratings of 7 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 JP Morgan, Needham, and Citigroup on September 6, 2024, August 5, 2024, and July 12, 2024, respectively. With an average price target of $16 between JP Morgan, Needham, and Citigroup, there's an implied 7.38% 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 JP Morgan on September 6, 2024. The analyst firm set a price target for $17.00 expecting GDYN to rise to within 12 months (a possible 14.09% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Grid Dynamics Holdings (NASDAQ:GDYN) was provided by JP Morgan, and Grid Dynamics Holdings maintained their overweight 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 September 6, 2024 so you should expect the next rating to be made available sometime around September 6, 2025.
While ratings are subjective and will change, the latest Grid Dynamics Holdings (GDYN) rating was a maintained with a price target of $15.00 to $17.00. The current price Grid Dynamics Holdings (GDYN) is trading at is $14.90, which is out of the analyst’s predicted range.
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