Grindr Inc. (GRND)
NYSE: GRND · IEX Real-Time Price · USD
9.56
-0.07 (-0.73%)
Apr 25, 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 13.33, with a low estimate of 12 and a high estimate of 14. The average target predicts an increase of 39.44% from the current stock price of 9.56.
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 |
|---|---|
| Strong Buy | 1 |
| Buy | 2 |
| Hold | 0 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $14 | Buy | Reiterates | $14 | +46.44% | Apr 22, 2024 |
| Raymond James | Raymond James | Buy Initiates $14 | Buy | Initiates | $14 | +46.44% | Apr 4, 2024 |
| JMP Securities | JMP Securities | Buy Initiates $14 | Buy | Initiates | $14 | +46.44% | Apr 2, 2024 |
| TD Cowen | TD Cowen | Strong Buy Initiates $12 | Strong Buy | Initiates | $12 | +25.52% | Mar 28, 2024 |
Financial Forecast
Revenue This Year
324.16M
from 259.69M
Increased by 24.83%
Revenue Next Year
372.81M
from 324.16M
Increased by 15.01%
EPS This Year
0.22
from -0.32
EPS Next Year
0.35
from 0.22
Increased by 56.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 333.7M | 383.8M | 437.5M |
| Avg | 324.2M | 372.8M | 425.0M |
| Low | 311.4M | 358.2M | 408.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 28.5% | 18.4% | 17.4% |
| Avg | 24.8% | 15.0% | 14.0% |
| Low | 19.9% | 10.5% | 9.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.27 | 0.41 | 0.55 |
| Avg | 0.22 | 0.35 | 0.53 |
| Low | 0.18 | 0.29 | 0.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 82.5% | 55.2% |
| Avg | - | 56.8% | 50.7% |
| Low | - | 31.0% | 44.8% |
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.