Grindr Inc. (GRND)
NYSE: GRND · Real-Time Price · USD
14.15
-0.17 (-1.19%)
Nov 15, 2024, 4:00 PM EST - Market closed
Grindr Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Grindr stock have an average target of 17.67, with a low estimate of 17 and a high estimate of 19. The average target predicts an increase of 24.88% from the current stock price of 14.15.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Grindr stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $16 → $19 | Buy | Maintains | $16 → $19 | +34.28% | Nov 8, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $14 → $17 | Strong Buy | Maintains | $14 → $17 | +20.14% | Nov 6, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $17 | Buy | Reiterates | $17 | +20.14% | Jul 15, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $12 → $14 | Strong Buy | Maintains | $12 → $14 | -1.06% | Jun 27, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $14 → $17 | Buy | Maintains | $14 → $17 | +20.14% | Jun 27, 2024 |
Financial Forecast
Revenue This Year
339.26M
from 259.69M
Increased by 30.64%
Revenue Next Year
414.06M
from 339.26M
Increased by 22.05%
EPS This Year
-0.04
from -0.32
EPS Next Year
0.47
from -0.04
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 351.8M | 434.2M | 528.8M | ||
| Avg | 339.3M | 414.1M | 501.4M | ||
| Low | 324.4M | 385.9M | 470.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 35.4% | 28.0% | 27.7% | ||
| Avg | 30.6% | 22.0% | 21.1% | ||
| Low | 24.9% | 13.8% | 13.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.03 | 0.59 | 0.61 |
| Avg | -0.04 | 0.47 | 0.59 |
| Low | -0.04 | 0.36 | 0.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 28.4% |
| Avg | - | - | 24.7% |
| Low | - | - | 19.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.