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
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 29.04% from the current stock price of 11.88.
Analyst Consensus: Strong Buy
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 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|
| Strong Buy | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $12 → $14 | Strong Buy | Maintains | $12 → $14 | +17.85% | Jun 27, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $14 → $17 | Buy | Maintains | $14 → $17 | +43.10% | Jun 27, 2024 |
| Raymond James | Raymond James | Buy Maintains $14 → $15 | Buy | Maintains | $14 → $15 | +26.26% | Jun 27, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $14 | Buy | Reiterates | $14 | +17.85% | Apr 22, 2024 |
| Raymond James | Raymond James | Buy Initiates $14 | Buy | Initiates | $14 | +17.85% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
328.34M
from 259.69M
Increased by 26.43%
Revenue Next Year
388.69M
from 328.34M
Increased by 18.38%
EPS This Year
0.12
from -0.32
EPS Next Year
0.33
from 0.12
Increased by 170.83%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 338.5M | 408.4M | 473.9M | 495.7M | 550.7M |
| Avg | 328.3M | 388.7M | 444.2M | 481.5M | 535.0M |
| Low | 314.6M | 361.9M | 411.2M | 462.7M | 514.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.4% | 24.4% | 21.9% | 11.6% | 14.4% |
| Avg | 26.4% | 18.4% | 14.3% | 8.4% | 11.1% |
| Low | 21.1% | 10.2% | 5.8% | 4.2% | 6.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.14 | 0.37 | 0.49 |
| Avg | 0.12 | 0.33 | 0.48 |
| Low | 0.11 | 0.29 | 0.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 200.2% | 48.9% |
| Avg | - | 170.8% | 44.6% |
| Low | - | 140.2% | 38.9% |
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.