Grindr Inc. (GRND)

NYSE: GRND · IEX Real-Time Price · USD
11.88
+0.02 (0.17%)
At close: Jul 2, 2024, 4:00 PM
11.96
+0.08 (0.67%)
After-hours: Jul 2, 2024, 7:02 PM EDT
0.17%
Market Cap 2.09B
Revenue (ttm) 279.23M
Net Income (ttm) -32.28M
Shares Out 175.80M
EPS (ttm) -0.18
PE Ratio n/a
Forward PE 51.76
Dividend n/a
Ex-Dividend Date n/a
Volume 691,925
Open 11.75
Previous Close 11.86
Day's Range 11.64 - 11.99
52-Week Range 4.49 - 12.42
Beta 0.29
Analysts Strong Buy
Price Target 15.33 (+29.04%)
Earnings Date Aug 7, 2024

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]

Sector Technology
Founded 2009
Employees 112
Stock Exchange NYSE
Ticker Symbol GRND
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for GRND stock is "Strong Buy." The 12-month stock price forecast is $15.33, which is an increase of 29.04% from the latest price.

Price Target
$15.33
(29.04% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Grindr CEO on the app's user growth

Grindr CEO George Arison joins ‘Money Movers' to discuss their user base, their growth prospect, the pushback they have been facing, and more.

5 days ago - CNBC Television

AI is a 'huge opportunity' for us, says Grindr CEO George Arison

Grindr CEO George Arison joins 'Money Movers' to discuss their user base, their growth prospect, the pushback they have been facing, and more.

5 days ago - CNBC Television

Grindr Hosts First Investor Day

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) will host today in New York its inaugural investor day as a public company, unveiling its plans to deliver on its mission to build the Global Gay...

6 days ago - Business Wire

Grindr CEO on Protecting User Safety Globally

In this special edition of "Bloomberg Equality" Scarlet Fu and Romaine Bostick speak with Grindr CEO George Arison on tackling the intricacies of maintaining their users' rights across the world. ----...

12 days ago - Bloomberg Markets and Finance

Grindr to Participate in Upcoming Investor Conferences

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the premiere LGBTQ+ social connector, today announced participation in the following upcoming investor events. J.P. Morgan Global Technology, Me...

7 weeks ago - Business Wire

Grindr CEO on AI and Dating, Data Privacy

Grindr CEO George Arison sits down with Caroline Hyde to discuss the company's first quarter results and the controversy surrounding data privacy on the dating platform. He speaks on "Bloomberg Techno...

7 weeks ago - Bloomberg Technology

Grindr Inc. Reports First Quarter 2024 Revenue Growth of 35%

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the premiere LGBTQ+ social connector, today posted its financial results for the first fiscal quarter ended March 31, 2024 in a Letter to Shareh...

7 weeks ago - Business Wire

Grindr Announces Date of First Quarter 2024 Financial Results Earnings Call

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the premiere LGBTQ+ social connector, announced that it will release its financial results for the first quarter ended March 31, 2024, after the...

2 months ago - Business Wire

Gay dating app Grindr sued for allegedly sharing users' HIV status

Hundreds of users of the gay dating app Grindr have alleged the company shared their private information, including their HIV status, with third parties, a law firm said on Monday.

2 months ago - Skynews

Grindr Dating App Shared HIV Status Of English Users With Advertisers, New Lawsuit Says

A class action lawsuit with hundreds of claimants was filed at the High Court in London Monday as plaintiffs accuse the LGBTQ+ dating app Grindr of sharing sensitive medical information, including HIV...

2 months ago - Forbes

Grindr shared the HIV status of users with ad firms, lawyers say

A class action claim against Grindr accuses the app of sharing users' HIV status with third parties. Austen Hays, a law firm in the UK, alleges these breaches took place over at least two years.

2 months ago - Business Insider

Grindr facing UK lawsuit over alleged data protection breaches

Gay dating app Grindr is facing a mass data protection lawsuit in London from hundreds of users who allegedly had their private information, including HIV status, shared with third parties without con...

2 months ago - Reuters

Lawsuit in London to allege Grindr shared users' HIV status with ad firms

High court action will claim US owner allowed access to app users' private information in breach of UK law

2 months ago - The Guardian

Grindr Unveils New Mission to Build Digital Gayborhood at Web Summit Rio; Introduces Roam™ to Expand Connections Ahead of Travel

LOS ANGELES--(BUSINESS WIRE)--Today at Web Summit in Rio de Janeiro, Grindr Inc. (NYSE:GRND), the premier LGBTQ+ social connector, celebrated its 15th anniversary by announcing a new corporate mission...

2 months ago - Business Wire

Grindr is a a 'really compelling brand' in the social media landscape, analyst says

Grindr (GRND) has grabbed the attention of Wall Street as Citizens JMP Securities initiated coverage of the stock, giving it a Market Outperform rating with a price target of $14 per share. Grindr CEO...

3 months ago - Yahoo Finance

Grindr Partners with Burnett Foundation Aotearoa to Offer Free At-Home HIV Test Kits to Grindr Users Throughout New Zealand

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ+ community, today announced the launch of its new partnership with Burnett Foundation Aotearoa ...

3 months ago - Business Wire

Former Grindr CPO and Tinder Head of Privacy Ron De Jesus Joins Transcend as the First-Ever Field Chief Privacy Officer

SAN FRANCISCO--(BUSINESS WIRE)--Transcend proudly welcomes Ron De Jesus to its leadership team as the first-ever Field Chief Privacy Officer (FCPO).

3 months ago - Business Wire

Grindr to Participate in the 36th Annual ROTH Conference

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced that Vanna Krantz, Grindr's chief financial officer, will participat...

4 months ago - Business Wire

Grindr CEO talks earnings, growth, travel

Shares of Grindr (GRND) saw an uptick after reporting better-than-expected full-year earnings, posting full-year revenue of $260 million. Grindr CEO George Arison joins Yahoo Finance Live to discuss t...

4 months ago - Yahoo Finance

Grindr Inc. Reports Fiscal Year 2023 Revenue Growth of 33%

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network and dating app for the LGBTQ community, today posted its financial results for the fourth quarter and fiscal ...

4 months ago - Business Wire

Grindr Announces Date of Fourth Quarter and Full Year 2023 Financial Results Earnings Call

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the GBTQ community, announced that it will release its financial results for the fourth quarter and full ...

4 months ago - Business Wire

Grindr CEO believes AI 'will really change dating'

Grindr (GRND) shares are up 60% year-over-year, and with the dating app set to report earnings in the coming months, CEO George Arison joins Yahoo Finance Live anchors Seana Smith and Executive Editor...

5 months ago - Yahoo Finance

Match Group, Grindr, Bumble: are these dating apps stocks good buys?

Dating apps are not doing well as growth slows after booming during the Covid-19 pandemic. This view is confirmed by the performance of dating app stocks in the United States.

Other symbols: BMBLMTCH
6 months ago - Invezz

Grindr Forms Exclusive Partnership with Ex-Human to Enhance User Experience Using Artificial Intelligence

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) today announced it has signed an exclusive partnership with Ex-Human, a leading provider of generative artificial intelligence and machine learni...

7 months ago - Business Wire

Grindr Secures New $350 Million Credit Facility

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE:GRND), the world's largest social network for the LGBTQ community, today announced that it completed a refinancing via a new $300 million Term Loan A fa...

7 months ago - Business Wire