Grindr Inc. (GRND)
NYSE: GRND · Real-Time Price · USD
13.36
-0.02 (-0.15%)
Nov 1, 2024, 4:00 PM EDT - Market closed

Grindr Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Grindr stock have an average target of 15.33, with a low estimate of 14 and a high estimate of 17. The average target predicts an increase of 14.75% from the current stock price of 13.36.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $14 $15.33 $15 $17
Change +4.79% +14.75% +12.28% +27.25%
* Price targets were last updated on Jul 15, 2024.

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 '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111111
Buy 222222
Hold 000000
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JMP Securities
JMP Securities
Buy
Reiterates
$17
Buy Reiterates $17 +27.25% Jul 15, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$12$14
Strong Buy Maintains $12$14 +4.79% Jun 27, 2024
JMP Securities
JMP Securities
Buy
Maintains
$14$17
Buy Maintains $14$17 +27.25% Jun 27, 2024
Raymond James
Raymond James
Buy
Maintains
$14$15
Buy Maintains $14$15 +12.28% Jun 27, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$14
Buy Reiterates $14 +4.79% Apr 22, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
339.25M
from 259.69M
Increased by 30.64%
Revenue Next Year
412.86M
from 339.25M
Increased by 21.70%
EPS This Year
-0.04
from -0.32
EPS Next Year
0.39
from -0.04
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
108.70M104.46M145.83M195.02M259.69M339.25M412.86M497.05M
Revenue Growth
--3.90%39.60%33.72%33.16%30.64%21.70%20.39%
EPS
0.08-0.130.030.01-0.32-0.040.390.59
EPS Growth
----82.01%---50.65%
Forward PE
------34.0222.58
No. Analysts -----443
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 351.8M 434.2M 522.8M
Avg 339.3M 412.9M 497.1M
Low 324.4M 382.5M 467.2M

Revenue Growth

Revenue Growth 20242025202620272028
High
35.4%
28.0%
26.6%
Avg
30.6%
21.7%
20.4%
Low
24.9%
12.7%
13.2%

EPS Forecast

EPS 202420252026
High -0.03 0.42 0.61
Avg -0.04 0.39 0.59
Low -0.04 0.36 0.57

EPS Growth

EPS Growth 202420252026
High - -
55.1%
Avg - -
50.6%
Low - -
44.7%
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.