Grindr Inc. (GRND)

NYSE: GRND · Real-Time Price · USD
14.74
+0.06 (0.41%)
Nov 21, 2024, 12:23 PM EST - Market open
0.41%
Market Cap 2.60B
Revenue (ttm) 319.10M
Net Income (ttm) -51.91M
Shares Out 176.61M
EPS (ttm) -0.30
PE Ratio n/a
Forward PE 36.25
Dividend n/a
Ex-Dividend Date n/a
Volume 100,281
Open 14.75
Previous Close 14.68
Day's Range 14.42 - 14.80
52-Week Range 6.12 - 15.21
Beta 0.33
Analysts Strong Buy
Price Target 17.67 (+19.88%)
Earnings Date Nov 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 124
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 $17.67, which is an increase of 19.88% from the latest price.

Price Target
$17.67
(19.88% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 - ...

11 days ago - Seeking Alpha

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...

13 days ago - Seeking Alpha

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...

13 days ago - Business Wire

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...

4 weeks ago - Business Wire

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.

Other symbols: NVDA
4 weeks ago - Forbes

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...

4 weeks ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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...

3 months ago - Yahoo Finance

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...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

Grindr: Expensive, But Growth Is Lapping Peers

Grindr stock has surged nearly 40% year to date, with impressive user growth rates and higher EBITDA margins compared to peers. Grindr's user growth and revenue growth outperform Match and Bumble, eve...

5 months ago - Seeking Alpha

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 months 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 months 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...

5 months 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. ----...

5 months ago - Bloomberg Markets and Finance

Grindr Inc. (GRND) Q1 2024 Earnings Call Transcript

Grindr Inc. (NYSE:GRND) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Tolu Adeofe - Head of Investor Relations George Arison - Chief Executive Officer Vanna Krantz - Ch...

6 months ago - Seeking Alpha

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...

6 months 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...

6 months 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...

7 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.

7 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...

7 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.

7 months ago - Business Insider