GDYN
Grid Dynamics Holdings, Inc.
GDYN
7.78USD
+1.04%
Sep 23, 2026
Price
Loading price history…
Price Action
Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of constructive pullback.
EntryReset + recovery
The stock is still rebuilding below its long-term weekly base, and the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.
Key Financials
- Market Cap
- $631.2M
- Avg Volume (60D)
- 1.5M
- Revenue Growth YoY
- +17.5%
- Gross Margin
- +34.7%
- Operating Margin
- -0.5%
- Free Cash Flow Yield
- +2.5%
- Distance from 200DMA
- +9.1%
- Next Earnings
- 2026-10-29
- P/E
- 220.5x
- EV / EBITDA
- 18.1x
- EV / Sales
- 0.8x
60 sessions
FY2025 vs FY2024
Trailing twelve months
Trailing twelve months
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026
Fundamentals & Valuation
Two of the three valuation perspectives say fair; peers is the dissenting view.
Grid Dynamics Holdings, Inc. has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.
Company Research
Thesis
Grid Dynamics is an enterprise AI transformation and engineering-services provider helping large enterprises design, build, integrate, and scale AI, data, cloud, and agentic systems in production.
Opportunity
Moderate opportunity
Enterprise spending to move generative and agentic AI from pilots into governed, production-scale workflows, requiring data modernization, platform integration, software engineering, workflow redesign, and operational deployment services.
Key risk
Dependence on Azure AI platform success.
Narrative & Theme
Enterprise AI Production Deployment
Part of Enterprise AI Transformation and Agentic Deployment Services, with moderate fit.
GDYN has a real and increasingly measurable exposure to enterprise AI implementation rather than merely generic IT-services adjacency: in its July 30, 2026 second-quarter release, it reported AI revenue exceeding 30% of company revenue and described customers moving AI workloads from pilots to production.
Narrative HeatHeating up7.7 / 10
Theme HeatNeutral6.6 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.
Business & Markets
Technology · Information Technology Services
What they do
Grid Dynamics Holdings, Inc. provides enterprise artificial intelligence and digital transformation services globally, delivering AI strategy, data modernization, prototyping, and software development lifecycle transformation to clients.
How it earns
The company generates revenue primarily through project-based IT services and consulting engagements.
Products & services
AI-Readiness strategy consulting
AI use case deployment
AI infrastructure agentic systems
Enterprise AI scaling services
Customers & end markets
Enterprise clients in North America
Enterprise clients in Europe
International enterprise clients
Market position
A niche player in enterprise AI and digital transformation services with a focus on AI integration.
Demand drivers
Medium cyclicality
Demand for IT integration and AI services can fluctuate with enterprise technology spending cycles.
Peers
Companies validated as economically comparable to GDYN — similar business, revenue model and scale.
PRICE ACTIONVALUATIONTHEME
Globant is a digital engineering and technology-services provider that combines software/product development, cloud and data work, design and customer-experience services, and enterprise-platform implementation. Its current strategic emphasis is AI-native delivery: AI Pods and its enterprise AI platform are intended to move clients from AI experiments toward production workflows, custom applications and operating-model transformation.
NarrativeEnterprise AI Adoption and Workflow AutomationThemeAI-Native Enterprise Transformation Services
Weak or broken price action.30-day price action
EPAM is an enterprise digital-engineering and consulting provider that designs, builds and integrates cloud, data, software-product, customer-experience and AI-enabled transformation programs for large clients across industries.
NarrativeEnterprise AI Adoption and Workflow AutomationThemeAI-Native Application Modernization and Engineering Services
Early-stage constructive setup.30-day price action
Cognizant is a large enterprise technology-services enabler that consults on, designs, integrates and operates AI-enabled applications and workflows across regulated and industry-specific client environments. Its role is execution and change delivery rather than ownership of the underlying AI models, cloud capacity or software platforms.
NarrativeEnterprise AI Adoption and Workflow AutomationThemeEnterprise AI Implementation and Agentic Workflow Integration
Weak or broken price action.30-day price action
CGI is a scaled global IT-services enabler: it advises clients, integrates and modernizes systems, embeds AI and automation into transformation programs, and operates managed IT and business-process environments. It is not a proprietary AI-model, software-platform, or infrastructure pure play.
NarrativeEnterprise AI Adoption and Legacy ModernizationThemeAI-Enabled Systems Integration and Managed Modernization
Weak or broken price action.30-day price action
Infosys is a global IT-services integrator and managed-services provider that designs, deploys, modernizes, governs, and operates enterprise AI, cloud, data, automation, cybersecurity, and application estates. Its AI offerings are an important delivery layer for clients adopting generative and agentic AI, rather than an owner of scarce AI compute, foundation models, or proprietary infrastructure.
NarrativeEnterprise AI Adoption and TransformationThemeAI-led IT Services and Enterprise Modernization
Weak or broken price action.30-day price action