GDYN
Grid Dynamics Holdings, Inc.
GDYN trails on the overall score without a compensating advantage in the available component scores.
NVDA
NVIDIA Corporation
NVDA has the edge over GDYN overall, supported by stronger valuation and stronger modeled upside.
GDYN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Healthy |
GDYN's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.
NVDA Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
NVDA's revenue, profitability, cash flow and balance sheet are all currently strong.
GDYN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 51x | $5.15 | -62% |
| Fair | 108x | $10.78 | -19% |
| Current | 134x | $13.38 | — |
| Expensive | 323x | $32.35 | +142% |
Historical ranges are pointers, not guarantees.
GDYN's PE is in its fair range at 134x.
NVDA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $166 | — |
| Current | 21x | $166 | — |
| Cheap | 44x | $345 | +108% |
| Fair | 65x | $511 | +207% |
| Expensive | 93x | $734 | +342% |
Historical ranges are pointers, not guarantees.
NVDA has the edge over GDYN in the historical PE scenario, which offers more potential upside but is not a forecast.
GDYN Forward outlook
There aren't enough analyst estimates for GDYN to show an outlook.
NVDA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for NVDA, but weaker profitability.
GDYN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.10 | -38% |
| Q2 2026 | $0.03 | -85% |
| Q1 2026 | $0.06 | -54% |
| Q4 2025 | $0.11 | +120% |
| Q3 2025 | $0.16 | +300% |
| Q2 2025 | $0.20 | +$0.20 |
| Q1 2025 | $0.13 | +225% |
| Q4 2024 | $0.05 | +$0.07 |
GDYN's earnings per share have fallen from their peak: $0.10 over the past year, against $0.20 in mid-2025.
NVDA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.77 | +74% |
| Q3 2026 | $7.91 | +125% |
| Q2 2026 | $6.53 | +111% |
| Q1 2026 | $4.90 | +67% |
| Q4 2025 | $4.03 | +59% |
| Q3 2025 | $3.51 | +65% |
| Q2 2025 | $3.10 | +81% |
| Q1 2025 | $2.94 | +147% |
| Q4 2024 | $2.54 | +234% |
NVDA has the edge over GDYN on earnings, with more consistent year-over-year improvement.
GDYN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.3M | +9.7% |
| Q2 2026 | $108.2M | +7% |
| Q1 2026 | $104.1M | +3.7% |
| Q4 2025 | $106.2M | +5.9% |
| Q3 2025 | $104.2M | +19% |
| Q2 2025 | $101.1M | +22% |
| Q1 2025 | $100.4M | +26% |
| Q4 2024 | $100.3M | +28% |
GDYN's revenue has grown year over year for 10 quarters in a row: $114M last quarter, up 9.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8% | +8.2 points |
| Q2 2026 | 1.2% | +1.3 points |
| Q1 2026 | -3.5% | -1.5 points |
| Q4 2025 | 0.5% | -0.8 points |
| Q3 2025 | -0.2% | -2.7 points |
| Q2 2025 | -0.1% | -0.2 points |
| Q1 2025 | -2% | +4.9 points |
| Q4 2024 | 1.3% | +2.6 points |
GDYN's operating margin was 8% last quarter, up 8.2 points from the same quarter a year ago, near the top of its range since 2020.
NVDA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $96.2B | +106% |
| Q2 2026 | $81.6B | +85% |
| Q1 2026 | $68.1B | +73% |
| Q4 2025 | $57B | +62% |
| Q3 2025 | $46.7B | +56% |
| Q2 2025 | $44.1B | +69% |
| Q1 2025 | $39.3B | +78% |
| Q4 2024 | $35.1B | +94% |
NVDA has the edge over GDYN on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 66% | +5.4 points |
| Q2 2026 | 66% | +17 points |
| Q1 2026 | 65% | +3.9 points |
| Q4 2025 | 63% | +0.8 points |
| Q3 2025 | 61% | -1.2 points |
| Q2 2025 | 49% | -16 points |
| Q1 2025 | 61% | -0.5 points |
| Q4 2024 | 62% | +4.9 points |
NVDA has the edge over GDYN on profitability, with a higher operating margin.
GDYN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $13.3M | +350% |
| Q2 2026 | $2.5M | -75% |
| Q1 2026 | $4.4M | -26% |
| Q4 2025 | $6.1M | +38% |
| Q3 2025 | $2.9M | -50% |
| Q2 2025 | $10.2M | +27% |
| Q1 2025 | $6M | +13881% |
| Q4 2024 | $4.4M | -16% |
GDYN still generates free cash flow, though less than at its 2026 peak: $26M over the past year.
NVDA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.4B | +59% |
| Q2 2026 | $48.6B | +86% |
| Q1 2026 | $34.9B | +124% |
| Q4 2025 | $22.1B | +32% |
| Q3 2025 | $13.5B | -0.3% |
| Q2 2025 | $26.2B | +75% |
| Q1 2025 | $15.6B | +38% |
| Q3 2024 | $13.5B | +113% |
NVDA has the edge over GDYN on cash flow, with more consistent year-over-year improvement.
GDYN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.4% | -1.1M shares |
| 1 year | -4.6% | -3.9M shares |
| 3 years | +5.9% | +4.6M shares |
| 5 years | +31% | +19.3M shares |
GDYN has the edge over NVDA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6.7M |
| Q2 2026 | $17.3M |
| Q1 2026 | $11.5M |
| Q4 2021 | — |
NVDA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -106M shares |
| 1 year | -1% | -247M shares |
| 3 years | -2.8% | -705M shares |
| 5 years | -4.1% | -1B shares |
| Available history | -1.8% | -435M shares |
NVDA has 24.3B diluted shares, down 1% from a year ago, with $55.3B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7B |
| Q2 2026 | $19.3B |
| Q1 2026 | $3.8B |
| Q4 2025 | $12.5B |
| Q3 2025 | $9.7B |
| Q2 2025 | $14.1B |
| Q1 2025 | $7.8B |
| Q4 2024 | $11B |
NVDA spent $55.3B buying back its own shares over the past year, up 30% from the year before.
GDYN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -10.6x | Net Cash |
| Q2 2026 | -16.2x | Net Cash |
| Q1 2026 | -19.7x | Net Cash |
| Q4 2025 | -19.2x | Net Cash |
| Q3 2025 | -18.7x | Net Cash |
| Q2 2025 | -17.8x | Net Cash |
| Q1 2025 | -18.7x | Net Cash |
| Q4 2024 | -27.6x | Net Cash |
GDYN has the edge over NVDA on leverage, with a lower net debt burden relative to earnings.
NVDA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | -0.0x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.0x | Very low |
| Q4 2024 | -0.0x | Net Cash |
NVDA's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago.
GDYN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 80.6 | Overbought |
| Stochastic | 91.9 | Overbought |
GDYN's weekly RSI is 81 (overbought) and its Stochastic is 92 (overbought).
NVDA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.4 | Neutral |
| Stochastic | 18.1 | Oversold |
NVDA's weekly RSI is 33 (neutral) and its Stochastic is 18 (oversold).
GDYN PE vs Technology Sector
| Metric | GDYN | Sector median | Relative |
|---|---|---|---|
| PE | 134x | 28x | 380% above |
| PE % | 56 | 35 | 21 pts above |
GDYN is trading at 134x earnings, a 380% premium to the Technology sector's median of 28x.
NVDA PE vs Technology Sector
| Metric | NVDA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 28x | 25% below |
| PE % | 0 | 35 | 35 pts below |
NVDA has the edge over GDYN on valuation relative to its sector.
GDYN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.0 | 34% above |
| 20 week MA | $8.26 | 62% above |
| 50 week MA | $7.60 | 76% above |
| 100 week MA | $10.4 | 28% above |
| 200 week MA | $11.3 | 18% above |
GDYN has the edge over NVDA on trend strength, trading above more of its moving averages.
NVDA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $208.9 | 20% below |
| 20 week MA | $212.0 | 22% below |
| 50 week MA | $199.9 | 17% below |
| 100 week MA | $175.1 | 5.1% below |
| 200 week MA | $123.6 | 34% above |
NVDA has fallen below most of its moving averages, though it's still 34% above its 200-week average.
GDYN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $12.4 | +14% |
| 2021 | $12.4 | $39.8 | +220% |
| 2022 | $39.8 | $10.6 | -73% |
| 2023 | $10.6 | $13.3 | +26% |
| 2024 | $13.3 | $22.7 | +70% |
| 2025 | $22.7 | $9.28 | -59% |
| 2026 YTD | $9.28 | $13.4 | +44% |
GDYN has the edge over NVDA on returns for 2026, with the stronger performance.
NVDA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.92 | $13.0 | +119% |
| 2021 | $13.0 | $29.6 | +128% |
| 2022 | $29.6 | $15.2 | -49% |
| 2023 | $15.2 | $49.5 | +226% |
| 2024 | $49.5 | $137.0 | +177% |
| 2025 | $137.0 | $190.5 | +39% |
| 2026 YTD | $190.5 | $166.2 | -13% |
NVDA's yearly returns have swung widely, from +226% in 2023 to −49% in 2022. It's down 13% so far in 2026.