Zacks Investment Research named Grid Dynamics (GDYN) its Bull of the Day, assigning the stock a Zacks Rank #1 (Strong Buy). The report highlights the company’s role in transitioning enterprise artificial intelligence projects from experimental pilots into full-scale production applications.
Grid Dynamics reported that AI-related revenue grew by over 50% year-over-year for the second consecutive quarter. This segment now accounts for a record 30.7% of the company's total revenue.
Zacks noted a market shift from AI experimentation toward practical integration and implementation. Grid Dynamics is currently focusing on high-growth areas including agentic commerce and AI-driven software development to support its revenue and earnings forecasts.