Grindr Inc. (GRND)
| Market Cap | 3.18B |
| Revenue (ttm) | 319.10M |
| Net Income (ttm) | -51.91M |
| Shares Out | 176.61M |
| EPS (ttm) | -0.30 |
| PE Ratio | n/a |
| Forward PE | 46.10 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,759,639 |
| Open | 18.03 |
| Previous Close | 17.97 |
| Day's Range | 17.95 - 18.08 |
| 52-Week Range | 7.93 - 18.70 |
| Beta | 0.31 |
| Analysts | Strong Buy |
| Price Target | 20.00 (+11.24%) |
| Earnings Date | Mar 5, 2025 |
About GRND
Grindr Inc. operates social network and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide. Its platform enables LGBTQ people to find and engage with each other, share content and experiences, and express themselves. The company offers ad-supported service and a premium subscription version. Grindr Inc. was founded in 2009 and is headquartered in West Hollywood, California. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for GRND stock is "Strong Buy." The 12-month stock price forecast is $20.0, which is an increase of 11.24% from the latest price.
News
Grindr Announces Date of Fourth Quarter and Full Year 2024 Financial Results Earnings Call
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, announced that it will release its financial results for the fourth quarter and full year ended December ...
Grindr: AI Innovation Grinds Higher; Increase Price Target To $22/Share
Grindr expects revenue growth of 32-33% for 2024, driven by strong direct ad sales and subscriptions, maintaining an adj. EBITDA margin of at least 42%. The company redeemed public and private warrant...
Grindr Inc. Announces Redemption Fair Market Value in Connection with Redemption of its Outstanding Warrants
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today announced the “Redemption Fair Market Value” to be used in connection ...
Grindr Inc. Expects to Beat 2024 Revenue Outlook and Announces Redemption of Warrants
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your Pocket™, today announced that it is providing notice to holders of its outstanding pub...
Grindr Unveils 2025 Product Roadmap, Including Six New Intent-Based Travel and AI Personalization Products
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today unveiled an ambitious product roadmap for 2025, consisting of the most robust set of lau...
Grindr: Why $17 Per Share Is A Bargain
I see Grindr Inc. valuation at 23x forward free cash flow as an attractive entry point, given its revenue growth and profitability. The company's focus on monetization and improving user engagement se...
Grindr: How AI Is Poised To Become The Dating World's Ultimate Wingman
Grindr's investment in AI aims to enhance user experience, increase pricing power, and drive revenue growth, positioning it as a leader in the LGBTQ dating app market. The AI agent feature could signi...
Features and Fees Driving Grindr Growth
Social network app Grindr, Inc. (GRND) sees shares rise with more paying customers, added features.
Roam For the Holidays: Grindr Offers Free Access to Their Popular Travel Feature
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--From December 22 to January 2, people on Grindr across the globe can experience Roam, a popular new feature, free of charge.
Stocks This Week Follow Up: Grindr And Tesla Are Moving Higher
The stock market is likely to extend this December rally into January. The next correction is due in February and March.
Not Your Average Year-End Report: Grindr Unveils UNWRAPPED 2024
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Grindr Unwrapped 2024 is an annual release of insights that reveals the sex, dating, travel, and pop culture trends that defined queer life this year.
Grindr to Participate in the Raymond James 2024 TMT & Consumer Conference
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that Vanna Krantz, Grindr's chief financial officer, will participate in a fireside chat ...
Grindr Inc. (GRND) Q3 2024 Earnings Call Transcript
Grindr Inc. (NYSE:GRND) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Tolu Adeofe - Head-Investor Relations George Arison - Chief Executive Officer Vanna Krantz - ...
Grindr Q3 2024: A Steady Grind To Higher Valuation
Grindr's 3Q24 results show strong revenue and EBITDA beats, with significant user growth and ARPU increases, underscoring its market dominance. We raise our target price to $19/share, implying a 30% u...
Grindr Inc. Reports Third Quarter 2024 Revenue Growth of 27%, Raises Revenue Guidance
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your PocketTM, today posted its financial results for the third fiscal quarter ended September 30, 2024, in a Letter to...
Grindr Announces Date of Third Quarter 2024 Financial Results Earnings Call
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, announced that it will release its financial results for the third quarter ended September 30, 2024, afte...
Stocks This Week: Buy Grinder And NVIDIA
The overall market is likely to fall in this post-OPEX week. The average low in any year is October 27th, and that date is coming.
Grindr: The Untapped Value Of The Overlooked Rainbow Economy
Grindr is the largest LGBTQ app globally, with significant user engagement and ARPU potential, making it an attractive investment with a $16/share target. GRND's predictable subscription-based revenue...
Grindr Continues To Outmuscle The Competition
Grindr has outperformed competitors like Match and Bumble, with shares up over 40% YTD due to strong user growth and high revenue generation. Grindr's brand recognition, feature innovation, and intern...
Grindr to Participate in Upcoming Investor Conferences
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced participation in the following upcoming investor events. Citi's 2024 Global TMT Conferenc...
Dating app stocks: Grindr has prospered while others have stumbled
Is your portfolio struggling to find love in the market? Raymond James analyst Andrew Marok sits down with Julie Hyman and Josh Schafer to talk about which dating app stocks investors should swipe rig...
Grindr Inc. (GRND) Q2 2024 Earnings Call Transcript
Grindr Inc. (NYSE:GRND) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Tolu Adeofe – Head-Investor Relations George Arison – Chief Executive Officer Vanna Krantz – Ch...
Grindr Inc. Reports Second Quarter 2024 Revenue Growth of 34%, Raises Revenue and Adjusted EBITDA Guidance
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your PocketTM, today posted its financial results for the second fiscal quarter ended June 30, 2024, in a Letter to Sha...
Grindr Accelerates Growth of Its Advertising Business and Expands Its Engineering Team With Two Executive Hires
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE:GRND) today announced the addition of two senior leaders as it continues to transform the ways that gay, bi, trans, and queer people around the world co...
Grindr Announces Date of Second Quarter 2024 Financial Results Earnings Call
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket, announced that it will release its financial results for the second quarter ended June 30, 2024, after the...