GDYN
Grid Dynamics Holdings, Inc.
GDYN has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over GDYN overall, supported by stronger fundamentals 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.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK'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.
SNDK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 3.8x | $937 | — |
| Current | 7.5x | $937 | — |
| Cheap | 17x | $2,173 | +132% |
| Fair | 24x | $3,048 | +225% |
| Expensive | 59x | $7,452 | +695% |
Historical ranges are pointers, not guarantees.
SNDK 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.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for SNDK, with profitability improving.
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.
SNDK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $247.30 | +97% |
| Q3 2026 | $125.61 | +$137.63 |
| Q2 2026 | $73.76 | +$85.07 |
| Q2 2025 | -$11.31 | -$6.65 |
SNDK has the edge over GDYN in the latest year-over-year earnings comparison.
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.
SNDK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11B | +378% |
| Q2 2026 | $9B | +372% |
| Q1 2026 | $6B | +251% |
| Q4 2025 | $3B | +61% |
| Q3 2025 | $2.3B | +23% |
| Q2 2025 | $1.9B | +8% |
| Q1 2025 | $1.7B | -0.6% |
| Q4 2024 | $1.9B | +13% |
SNDK's revenue has grown year over year for six quarters in a row: $11B last quarter, up 378% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 80% | +72 points |
| Q2 2026 | 78% | +78 points |
| Q1 2026 | 69% | +180 points |
| Q4 2025 | 35% | +25 points |
| Q3 2025 | 7.6% | -9 points |
| Q2 2025 | 0.9% | N/A |
| Q1 2025 | -111% | -122 points |
| Q4 2024 | 10% | +6.6 points |
SNDK 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.
SNDK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.3B | +1340% |
| Q2 2026 | $7.1B | +14355% |
| Q1 2026 | $3B | +$3B |
| Q3 2025 | $438M | +$636M |
| Q2 2025 | $49M | +$217M |
| Q1 2025 | -$18M | +$23M |
| Q3 2024 | -$198M | -$157M |
SNDK 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 SNDK 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 | — |
SNDK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1M shares |
| 1 year | +3.4% | +5M shares |
| 3 years | +6.9% | +10M shares |
SNDK has 154M diluted shares, up 3.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5B |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
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 SNDK on leverage, with a lower net debt burden relative to earnings.
SNDK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
SNDK has more cash than debt.
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).
SNDK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 10.6 | Oversold |
SNDK's weekly RSI is 40 (neutral) and its Stochastic is 11 (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.
SNDK PE vs Technology Sector
| Metric | SNDK | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 28x | 73% below |
| PE % | 4 | 27 | 23 pts below |
SNDK 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 stronger trend alignment. GDYN is above 5 of 5 weekly averages versus SNDK above 0 of 3.
SNDK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,317.5 | 29% below |
| 20 week MA | $1,465.4 | 36% below |
| 50 week MA | $1,119.6 | 16% below |
SNDK is in a downtrend: it's below all three of its weekly moving averages, and 16% below its 50-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's yearly returns have swung widely, from +220% in 2021 to −73% in 2022. It's up 44% so far in 2026.
SNDK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $50.4 | $250.1 | +396% |
| 2026 YTD | $250.1 | $937.5 | +275% |
SNDK has the edge over GDYN on returns for 2026, with the stronger performance.