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
-0.73%
Market Cap 1.67B
Revenue (ttm) 259.69M
Net Income (ttm) -55.77M
Shares Out 175.06M
EPS (ttm) -0.32
PE Ratio n/a
Forward PE 36.05
Dividend n/a
Ex-Dividend Date n/a
Volume 186,168
Open 9.53
Previous Close 9.63
Day's Range 9.43 - 9.62
52-Week Range 4.49 - 11.13
Beta 0.29
Analysts Strong Buy
Price Target 13.33 (+39.44%)
Earnings Date May 9, 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 112
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 $13.33, which is an increase of 39.44% from the latest price.

Price Target
$13.33
(39.44% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

12 hours 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.

3 days 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...

3 days 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.

3 days ago - Business Insider

Grindr facing UK lawsuit over alleged data protection breaches

Gay dating app Grindr is facing a mass data protection lawsuit in London from hundreds of users who allegedly had their private information, including HIV status, shared with third parties without con...

3 days ago - Reuters

Lawsuit in London to allege Grindr shared users' HIV status with ad firms

High court action will claim US owner allowed access to app users' private information in breach of UK law

4 days ago - The Guardian

Grindr Unveils New Mission to Build Digital Gayborhood at Web Summit Rio; Introduces Roam™ to Expand Connections Ahead of Travel

LOS ANGELES--(BUSINESS WIRE)--Today at Web Summit in Rio de Janeiro, Grindr Inc. (NYSE:GRND), the premier LGBTQ+ social connector, celebrated its 15th anniversary by announcing a new corporate mission...

9 days ago - Business Wire

Grindr is a a 'really compelling brand' in the social media landscape, analyst says

Grindr (GRND) has grabbed the attention of Wall Street as Citizens JMP Securities initiated coverage of the stock, giving it a Market Outperform rating with a price target of $14 per share. Grindr CEO...

21 days ago - Yahoo Finance

Grindr Partners with Burnett Foundation Aotearoa to Offer Free At-Home HIV Test Kits to Grindr Users Throughout New Zealand

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ+ community, today announced the launch of its new partnership with Burnett Foundation Aotearoa ...

4 weeks ago - Business Wire

Former Grindr CPO and Tinder Head of Privacy Ron De Jesus Joins Transcend as the First-Ever Field Chief Privacy Officer

SAN FRANCISCO--(BUSINESS WIRE)--Transcend proudly welcomes Ron De Jesus to its leadership team as the first-ever Field Chief Privacy Officer (FCPO).

6 weeks ago - Business Wire

Grindr to Participate in the 36th Annual ROTH Conference

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced that Vanna Krantz, Grindr's chief financial officer, will participat...

6 weeks ago - Business Wire

Grindr CEO talks earnings, growth, travel

Shares of Grindr (GRND) saw an uptick after reporting better-than-expected full-year earnings, posting full-year revenue of $260 million. Grindr CEO George Arison joins Yahoo Finance Live to discuss t...

6 weeks ago - Yahoo Finance

Grindr Inc. Reports Fiscal Year 2023 Revenue Growth of 33%

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network and dating app for the LGBTQ community, today posted its financial results for the fourth quarter and fiscal ...

7 weeks ago - Business Wire

Grindr Announces Date of Fourth Quarter and Full Year 2023 Financial Results Earnings Call

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the GBTQ community, announced that it will release its financial results for the fourth quarter and full ...

2 months ago - Business Wire

Grindr to Participate in Upcoming Investor Conferences

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the GBTQ community, today announced participation in the following upcoming investor events. Morgan Stanl...

2 months ago - Business Wire

Grindr CEO believes AI 'will really change dating'

Grindr (GRND) shares are up 60% year-over-year, and with the dating app set to report earnings in the coming months, CEO George Arison joins Yahoo Finance Live anchors Seana Smith and Executive Editor...

3 months ago - Yahoo Finance

Match Group, Grindr, Bumble: are these dating apps stocks good buys?

Dating apps are not doing well as growth slows after booming during the Covid-19 pandemic. This view is confirmed by the performance of dating app stocks in the United States.

Other symbols: BMBLMTCH
3 months ago - Invezz

Grindr Forms Exclusive Partnership with Ex-Human to Enhance User Experience Using Artificial Intelligence

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) today announced it has signed an exclusive partnership with Ex-Human, a leading provider of generative artificial intelligence and machine learni...

4 months ago - Business Wire

Grindr Secures New $350 Million Credit Facility

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE:GRND), the world's largest social network for the LGBTQ community, today announced that it completed a refinancing via a new $300 million Term Loan A fa...

5 months ago - Business Wire

Grindr CFO to Participate in the Raymond James TMT and Consumer Conference

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced that Vanna Krantz, Grindr's chief financial officer, will participat...

5 months ago - Business Wire

Grindr Brings Free At-Home HIV Self-Test Kits to Europe for the First Time With New Programs in Georgia and Ireland

LOS ANGELES--(BUSINESS WIRE)--At the outset of European testing week, Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ+ community, today announced the launch of its new partn...

5 months ago - Business Wire

Grindr Inc. Reports Third Quarter 2023 Revenue Growth of 39%, Raises Guidance

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today posted its financial results for the third quarter ended September 30, 2023 in...

5 months ago - Business Wire

Grindr Names Tolu Adeofe as Director of Investor Relations As It Approaches One Year Anniversary of its NYSE Listing

LOS ANGELES--(BUSINESS WIRE)--Grindr (NYSE: GRND), the world's largest social network for the LGBTQ+ community, today announced that Tolu Adeofe has joined the company as Director of Investor Relation...

5 months ago - Business Wire

Grindr Announces Q&A Platform for Shareholders Ahead of Third Quarter 2023 Earnings Release

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced the opening of a shareholder Q&A on the Say Technologies platform to...

6 months ago - Business Wire

Grindr Announces Date of Third Quarter 2023 Financial Results Earnings Call

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, announced that it will release its financial results for the third quarter ended Sep...

6 months ago - Business Wire