NASDAQ: GDYN · Information Technology Services
Grid Dynamics (GDYN) fair value and price range
As of 1 Oct 2026, Faircurve's model values Grid Dynamics (GDYN) at $7.59 a share. The stock last closed at $8.02, which puts the model's fair value 5.4% below the price. The model grades the evidence behind this valuation as low, so no verdict is shown. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It does not say how likely the fair value is to be right.
Revalued . Price is the close of 2 Oct 2026. Grid Dynamics Holdings, Inc.
Faircurve Insights · 1 Oct 2026
Grid Dynamics Holdings, Inc., along with its affiliated entities, specialises in delivering comprehensive digital transformation services.
Faircurve's model found a fair value of $7.59 a share on 1 Oct 2026, the midpoint of 2,000 simulations. The previous run on 26 Sep 2026 gave $7.48, so the fair value moved +1.5%. The calibrated range over 63 trading days is $6.37 to $9.25, and ranges built this way held the price 60% of the time at this horizon. The model grades the evidence behind this valuation as low, so no verdict is shown.
The overall quality score is 49 out of 100. The model compares the company with N-able, Inc., Concentrix Corporation, Parsons Corporation, Insight Enterprises, Inc., and ExlService Holdings, Inc. Moves around the last 8 earnings reports show a median size of 6.0%, ignoring direction.
Written from the figures on this page for the 1 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give GDYN?
The calibrated range for GDYN over 63 trading days is $6.37 to $9.25. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $5.98 to $10.11. In 46% of the simulations the fair value came out above the price the model ran on.
How does GDYN score on business quality?
Grid Dynamics's overall quality score is 49 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 5 | -0.5%ROIC | 6.2% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 73 | 5.59xFCF / net income | 0.78x |
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analyst estimate revisions. | 69 | 17.5%Revenue growth, trailing | -1.0% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 25 | 4.9%Net buybacks / market value | 9.8% |
| Balance sheetNet debt to EBITDA and interest coverage. | 100 | -11.73xNet debt / EBITDA | -1.43x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 67 | 3.3 ptsEBITDA margin downside volatility, 5y | 3.7 pts |
How does GDYN compare with similar companies?
The companies in information technology services closest to Grid Dynamics in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| NABL N-able, Inc. | $4.23 | $4.83 | +14.2% | Fairly valued |
| VRRM Verra Mobility Corporation | $2.81 | $5.32 | +89.3% | Gap wider than 60% |
| CNXC Concentrix Corporation | $24.91 | $36.40 | +46.1% | Undervalued |
| DXC DXC Technology Company | $11.10 | $17.24 | +55.3% | Low evidence grade |
| KD Kyndryl Holdings, Inc. | $11.56 | $17.53 | +51.6% | Low evidence grade |
| PSN Parsons Corporation | $40.79 | $51.77 | +26.9% | Undervalued |
| NSIT Insight Enterprises, Inc. | $160.66 | $149.44 | -7.0% | Fairly valued |
| EXLS ExlService Holdings, Inc. | $35.75 | $34.81 | -2.6% | Fairly valued |
All information technology services stocks ranked by gap to fair value
When does GDYN report earnings, and how has the stock reacted?
Grid Dynamics's next earnings report is scheduled for 29 Oct 2026. Companies can move their dates.
How GDYN moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 6.0%.
| Report date | Two session move |
|---|---|
| 30 Jul 2026 | +1.3% |
| 30 Apr 2026 | +3.6% |
| 5 Mar 2026 | -7.6% |
| 30 Oct 2025 | +15.3% |
| 31 Jul 2025 | -18.2% |
| 1 May 2025 | -20.8% |
| 20 Feb 2025 | -0.9% |
| 31 Oct 2024 | -4.3% |
Grid Dynamics at a glance
Grid Dynamics Holdings, Inc., along with its affiliated entities, specializes in delivering comprehensive digital transformation services.
- Market value
- $629M
- Sector
- Technology
- Industry
- Information Technology Services
- Revenue expected, next twelve months
- $467M
- Consensus revenue growth, next fiscal year
- +6.4%
- Analysts with estimates
- 4
- Beta to the US market
- 1.30
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices Grid Dynamics on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 26 Sep 2026 the model's fair value for GDYN was $7.48. As of 1 Oct 2026 it is $7.59, a change of +1.5%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Grid Dynamics's valuation
Is Grid Dynamics stock undervalued or overvalued?
Faircurve's model puts GDYN's fair value at $7.59 a share against a last close of $8.02, as of 1 Oct 2026. The model grades the evidence behind this valuation as low, so no verdict is shown. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It does not say how likely the fair value is to be right.
What is GDYN's fair value?
$7.59 a share as of 1 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $5.98 to $10.11.
What price range does the model give GDYN?
$6.37 to $9.25 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does Grid Dynamics report earnings next?
The next report is scheduled for 29 Oct 2026. Companies can move their dates.
How much has GDYN moved on past earnings reports?
Across its last 8 reports the median two session move was 6.0%, ignoring direction. The largest was -20.8% around the report of 1 May 2025.
How confident is the model in this valuation?
The model's evidence grade for GDYN is low. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.