What 5 Analyst Ratings Have To Say About Grid Dynamics Holdings
Portfolio Pulse from Benzinga Insights
Grid Dynamics Holdings (NASDAQ:GDYN) has received diverse analyst ratings over the past three months, with a majority being bullish. Analysts have raised their price targets, with the average now at $18.0, up from $16.40. The company has shown strong revenue growth but faces challenges with profitability and asset utilization.
November 01, 2024 | 4:00 pm
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Grid Dynamics Holdings has received mostly bullish analyst ratings, with price targets raised to an average of $18.0. The company shows strong revenue growth but struggles with profitability and asset utilization.
The majority of analysts have given bullish ratings, and price targets have been raised, indicating positive sentiment. The company's strong revenue growth supports this outlook, although profitability challenges may temper expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100