Should I buy or sell Grindr stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Grindr in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GRND shares. View GRND analyst ratings or view top-rated stocks .

What is Grindr's stock price target for 2024?

2 Wall Street analysts have issued 12 month price objectives for Grindr's shares. Their GRND share price targets range from $12.00 to $14.00. On average, they predict the company's stock price to reach $13.33 in the next year. This suggests a possible upside of 36.5% from the stock's current price. View analysts price targets for GRND or view top-rated stocks among Wall Street analysts .

How have GRND shares performed in 2024?

Grindr's stock was trading at $8.78 at the beginning of 2024. Since then, GRND stock has increased by 11.3% and is now trading at $9.77. View the best growth stocks for 2024 here .

Are investors shorting Grindr?

Grindr saw a increase in short interest in March. As of March 15th, there was short interest totaling 3,070,000 shares, an increase of 25.3% from the February 29th total of 2,450,000 shares. Based on an average daily trading volume, of 478,900 shares, the days-to-cover ratio is presently 6.4 days. Currently, 1.8% of the company's stock are sold short. View Grindr's Short Interest .

When is Grindr's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our GRND earnings forecast .

How were Grindr's earnings last quarter?

Grindr Inc. (NYSE:GRND) released its quarterly earnings data on Monday, March, 11th. The company reported $0.04 EPS for the quarter. The firm had revenue of $72.09 million for the quarter. Grindr had a negative net margin of 21.48% and a positive trailing twelve-month return on equity of 101.02%.

What guidance has Grindr issued on next quarter's earnings?

Grindr issued an update on its FY 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $319.4 million-.

How do I buy shares of Grindr?

Shares of GRND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:GRND

Grindr (GRND) Stock Price, News & Analysis

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Free GRND Stock Alerts

$9.77

-0.15 (-1.51%)

(As of 04/17/2024 ET)

Compare

Today's Range: $9.69
▼
$10.04
50-Day Range: $8.06
▼
$10.83
52-Week Range: $4.49
▼
$11.13

Volume: 215,377 shs
Average Volume: 444,433 shs
Market Capitalization: $1.71 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $13.33

Get Grindr alerts:

Grindr MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 36.5% Upside
$13.33 Price Target
Short Interest: Bearish
1.77% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.00
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 66.67%
From $0.18 to $0.30 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.09 out of 5 stars

Computer And Technology Sector

409th out of 589 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

38th out of 59 stocks

3.5

Analyst's Opinion

Consensus Rating
Grindr has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Grindr has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.77% of the float of Grindr has been sold short.
Short Interest Ratio / Days to Cover
Grindr has a short interest ratio ("days to cover") of 7.2.
Change versus previous month
Short interest in Grindr has recently increased by 0.98%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Grindr does not currently pay a dividend.
Dividend Growth
Grindr does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GRND.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 3 news articles for Grindr this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for GRND on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
2 people have added Grindr to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Grindr insiders have not sold or bought any company stock.
Percentage Held by Insiders
78.20% of the stock of Grindr is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 7.22% of the stock of Grindr is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Grindr are expected to grow by 66.67% in the coming year, from $0.18 to $0.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Grindr is -30.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Grindr is -30.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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About Grindr Stock (NYSE: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.

GRND Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GRND Stock News Headlines

April 16, 2024 | msn.com

Grindr Goes Beyond Dating

April 16, 2024 | businesswire.com

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

April 17, 2024 | InvestorPlace (Ad)

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April 15, 2024 | americanbankingnews.com

Grindr (GRND) vs. Its Rivals Financial Survey

April 10, 2024 | americanbankingnews.com

Contrasting Grindr (GRND) & Its Competitors

April 9, 2024 | americanbankingnews.com

Critical Analysis: Grindr (GRND) versus The Competition

April 7, 2024 | americanbankingnews.com

Grindr (NYSE:GRND) Trading Down 2.9%

April 7, 2024 | americanbankingnews.com

Grindr (GRND) & Its Competitors Head-To-Head Analysis

April 17, 2024 | InvestorPlace (Ad)

Forget Nvidia, buy this A.I. Stock Now

April 6, 2024 | ca.finance.yahoo.com

Grindr's serious growth potential while 'under-monetizing' users

April 4, 2024 | finance.yahoo.com

Grindr is 'under-monetizing' its user base: Analyst

March 29, 2024 | markets.businessinsider.com

Grindr’s Market Dominance and Growth Potential Affirm Buy Rating

March 28, 2024 | finance.yahoo.com

Grindr Gets First Buy Rating as Cowen Sees Growth Outpacing Tinder Owner

March 24, 2024 | businesswire.com

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

March 16, 2024 | finance.yahoo.com

GRND Apr 2024 15.000 call

March 15, 2024 | seekingalpha.com

Grindr: Impressive Growth, But Greater Losses

March 14, 2024 | nasdaq.com

Notable Tuesday Option Activity: GRND, CRWD, GLNG

March 14, 2024 | businesswire.com

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

March 11, 2024 | businesswire.com

Grindr to Participate in the 36th Annual ROTH Conference

March 10, 2024 | finance.yahoo.com

Grindr Full Year 2023 Earnings: US$0.32 loss per share (vs US$0.005 profit in FY 2022)

March 9, 2024 | seekingalpha.com

Grindr Inc. (GRND) Q4 2023 Earnings Call Transcript

March 8, 2024 | finance.yahoo.com

Grindr Inc. (NYSE:GRND) Q4 2023 Earnings Call Transcript

March 8, 2024 | finance.yahoo.com

Grindr CEO talks plans to use AI to expand use cases

March 8, 2024 | finance.yahoo.com

Grindr Inc (GRND) Reports Robust Revenue Growth and Solid User Engagement in FY 2023

March 7, 2024 | businesswire.com

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

February 27, 2024 | finance.yahoo.com

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

February 27, 2024 | businesswire.com

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

See More Headlines

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Company Calendar

Last Earnings: 3/11/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Current Symbol: NYSE:GRND
CUSIP: N/A
CIK: 1820144
Web: www.grindr.com
Phone: 310-776-6680
Fax: N/A
Employees: 112
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $13.33
High Stock Price Target: $14.00
Low Stock Price Target: $12.00
Potential Upside/Downside: +36.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.32)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 54.28
P/E Growth: N/A
Net Income: $-55,770,000.00
Net Margins: -21.48%
Pretax Margin: -19.93%
Return on Equity: 101.02%
Return on Assets: 1.18%

Debt

Debt-to-Equity Ratio: 13.21
Current Ratio: 1.18
Quick Ratio: 1.18

Sales & Book Value

Annual Sales: $259.69 million
Price / Sales: 6.59
Cash Flow: $0.19 per share
Price / Cash Flow: 51.38
Book Value: ($0.10) per share
Price / Book: -97.70

Miscellaneous

Outstanding Shares: 175,060,000
Free Float: 38,163,000
Market Cap: $1.71 billion
Optionable: Optionable
Beta: 0.29

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Key Executives

Mr. George Arison (Age 45)
CEO & Executive Director
Comp: $212.99k
Ms. Vandana Mehta-Krantz (Age 56)
Chief Financial Officer
Comp: $248.81k
Mr. Austin J. Balance (Age 37)
Chief Product Officer
Comp: $401.96k
Ms. Kye Chen (Age 46)
Chief Accounting Officer
Mr. Zachary Katz
General Counsel & Head of Global Affairs

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GRND Stock Analysis - Frequently Asked Questions

Should I buy or sell Grindr stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Grindr in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GRND shares.
View GRND analyst ratings or view top-rated stocks.
What is Grindr's stock price target for 2024?: 2 Wall Street analysts have issued 12 month price objectives for Grindr's shares. Their GRND share price targets range from $12.00 to $14.00. On average, they predict the company's stock price to reach $13.33 in the next year. This suggests a possible upside of 36.5% from the stock's current price.
View analysts price targets for GRND or view top-rated stocks among Wall Street analysts.
How have GRND shares performed in 2024?: Grindr's stock was trading at $8.78 at the beginning of 2024. Since then, GRND stock has increased by 11.3% and is now trading at $9.77.
View the best growth stocks for 2024 here.
Are investors shorting Grindr?: Grindr saw a increase in short interest in March. As of March 15th, there was short interest totaling 3,070,000 shares, an increase of 25.3% from the February 29th total of 2,450,000 shares. Based on an average daily trading volume, of 478,900 shares, the days-to-cover ratio is presently 6.4 days. Currently, 1.8% of the company's stock are sold short.
View Grindr's Short Interest.

When is Grindr's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our GRND earnings forecast.
How were Grindr's earnings last quarter?: Grindr Inc. (NYSE:GRND) released its quarterly earnings data on Monday, March, 11th. The company reported $0.04 EPS for the quarter. The firm had revenue of $72.09 million for the quarter. Grindr had a negative net margin of 21.48% and a positive trailing twelve-month return on equity of 101.02%.
What guidance has Grindr issued on next quarter's earnings?: Grindr issued an update on its FY 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $319.4 million-.
How do I buy shares of Grindr?: Shares of GRND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GRND) was last updated on 4/17/2024 by MarketBeat.com Staff

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Grindr (GRND) Stock Price, News & Analysis

Grindr MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Grindr Stock (NYSE:GRND)

GRND Stock Price History

GRND Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

GRND Stock Analysis - Frequently Asked Questions

Overall MarketRank^™