Grindr Inc. (GRND)
NYSE: GRND · Real-Time Price · USD
17.31
+0.46 (2.73%)
Dec 20, 2024, 4:00 PM EST - Market closed
Grindr Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Grindr stock have an average target of 18.8, with a low estimate of 17 and a high estimate of 21. The average target predicts an increase of 8.61% from the current stock price of 17.31.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Grindr stock from 5 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| 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 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $21 | Buy | Reiterates | $21 | +21.32% | Dec 16, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +15.54% | Dec 16, 2024 |
| Raymond James | Raymond James | Buy Maintains $16 → $19 | Buy | Maintains | $16 → $19 | +9.76% | Nov 8, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $14 → $17 | Strong Buy | Maintains | $14 → $17 | -1.79% | Nov 6, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $17 | Buy | Reiterates | $17 | -1.79% | Jul 15, 2024 |
Financial Forecast
Revenue This Year
343.98M
from 259.69M
Increased by 32.46%
Revenue Next Year
423.41M
from 343.98M
Increased by 23.09%
EPS This Year
0.04
from -0.32
EPS Next Year
0.45
from 0.04
Increased by 991.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 356.2M | 443.0M | 546.4M | |||
| Avg | 344.0M | 423.4M | 520.0M | |||
| Low | 328.3M | 395.4M | 480.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 37.1% | 28.8% | 29.1% | |||
| Avg | 32.5% | 23.1% | 22.8% | |||
| Low | 26.4% | 15.0% | 13.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.04 | 0.47 | 0.68 |
| Avg | 0.04 | 0.45 | 0.62 |
| Low | 0.04 | 0.41 | 0.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 1,058.1% | 53.2% |
| Avg | - | 991.7% | 38.5% |
| Low | - | 908.8% | 23.2% |
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.