Analysts Adjust Price Targets for Grid Dynamics Following Q3 Results
Following the company's third-quarter earnings report, multiple financial institutions, including TD Cowen and JP Morgan, raised their price targets for Grid Dynamics.
Stocks · News reference
U.S. stocks traded lower midway through trading, with the S&P 500 falling more than 100 points on Friday. The Dow traded down 0.72% to 51,966.13 while the NASDAQ fell 2.48% to 25,535.98. The S&P 500 also
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Following the company's third-quarter earnings report, multiple financial institutions, including TD Cowen and JP Morgan, raised their price targets for Grid Dynamics.
DA Davidson maintained a Neutral rating on OneSpan Inc. while increasing its price target from $16 to $22.
Alphatec reported third-quarter 2026 revenue of $221 million, missing analyst expectations, and lowered its full-year 2026 revenue outlook to $862 million.
CEO Darren Woods announced that ExxonMobil plans to invest more than $100 billion in capital projects between 2027 and 2030 to bolster global energy supplies.
B. Riley increased its price target for OneSpan to $32 from $22 while maintaining a Buy rating.
Intel shares plummeted 28.58% on Friday despite beating Q3 earnings expectations, driven by disappointing Q4 guidance citing weakening PC demand and manufacturing constraints. The sell-off rippled through the semiconductor sector, with AMD and Nvidia also declining. However, Intel's Data Center and AI division showed strength with 78% year-over-year revenue growth, suggesting challenges are concentrated in PC markets rather than data center demand.