MetaCap

Docebo (DCBO) vs Grid Dynamics (GDYN)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Grid Dynamics (GDYN) has outperformed Docebo (DCBO) over the past year, losing 4.0% versus a loss of 12.4%. Over five years, DCBO leads with a -69.1% price change compared with -74.4% for GDYN. Grid Dynamics is the larger company by market cap ($622.2 million vs $595.7 million), about 1.0 times the size.

On valuation, Docebo trades at a lower forward P/E (11.5x vs 14.6x for Grid Dynamics).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

DCBO-12.43%GDYN-4.01%
+30%-10%-50%
Oct 7, 20251 yearOct 7, 2026
DCBO-67.02%GDYN-73.19%
+45%-21%-88%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

DCBO versus GDYN key metrics
MetricDCBOGDYN
Share price$23.88$7.67
Market cap$595.75M$622.24M
1-day change-0.95%-1.92%
YTD return+7.57%-15.06%
1-year return-12.43%-4.01%
5-year return-69.08%-74.42%
P/E ratio (TTM)20.59255.67
Forward P/E11.4914.58
EPS (TTM)$1.16$0.03
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
52-week high$28.72$10.21
52-week low$14.39$5.11
Distance from 52-week high-16.85%-24.88%
Analyst consensusnonenone
Avg. price target upside+22.49%+19.95%
Average volume70.99K1.37M
Shares outstanding24.95M81.13M
Employees9664,838
SectorTechnologyTechnology
IndustrySoftware - ApplicationInformation Technology Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Grid Dynamics trades at a higher earnings multiple (255.7x vs 20.6x trailing P/E).

About Docebo

DCBO stock →

Docebo Inc. develops and provides learning management platform for training in Canada, the United States, and internationally.

Technology · Software - Application · 966 employees

About Grid Dynamics

GDYN stock →

Grid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise artificial intelligence and digital transformation services in North America, Europe, and internationally. The company offers artificial intelligence services, such as AI-Readiness through strategy consulting, data modernization, rapid and deployment-ready prototyping, and software development lifecycle transformation; identify AI use cases service, which deploys AI in customer-facing, operational, and knowledge management scenarios; AI infrastructure agentic systems; and enterprise AI scale, which helps enterprises gain enterprise-wide efficiency with deployment.

Technology · Information Technology Services · 4,838 employees

DCBO vs GDYN FAQ

Which is bigger, Docebo or Grid Dynamics?

Grid Dynamics (GDYN) is larger, with a market capitalization of $622.24M compared with $595.75M for Docebo (DCBO).

Which stock has performed better over the past year, DCBO or GDYN?

GDYN returned -4.01% over the past 12 months, compared with -12.43% for DCBO (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, DCBO or GDYN?

DCBO has the lower trailing P/E at 20.6, versus 255.7 for GDYN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Are Docebo and Grid Dynamics in the same industry?

Both are in the Technology sector, but in different industries: Software - Application for Docebo and Information Technology Services for Grid Dynamics.

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