NYSE:GRND

Grindr (GRND) Stock Price, News & Analysis

$9.56
-0.07 (-0.73%)
(As of 04/25/2024 ET)
Today's Range
$9.44
$9.61
50-Day Range
$8.09
$10.83
52-Week Range
$4.49
$11.13
Volume
200,296 shs
Average Volume
429,702 shs
Market Capitalization
$1.67 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.33

Grindr MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
39.5% Upside
$13.33 Price Target
Short Interest
Bearish
1.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.38mentions of Grindr in the last 14 days
Based on 13 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.

3.08 out of 5 stars

Computer And Technology Sector

317th out of 585 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

29th out of 60 stocks

GRND stock logo

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

GRND Stock News Headlines

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JMP Securities Sticks to Their Buy Rating for Grindr (GRND)
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Grindr Inc. (GRND)
Reviewing Grindr (GRND) and Its Peers
Grindr Goes Beyond Dating
Grindr (GRND) vs. Its Rivals Financial Survey
Grindr is 'under-monetizing' its user base: Analyst
Grindr’s Market Dominance and Growth Potential Affirm Buy Rating
GRND Apr 2024 15.000 call
Grindr: Impressive Growth, But Greater Losses
See More Headlines
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Company Calendar

Last Earnings
3/11/2024
Today
4/25/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
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
+39.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-55,770,000.00
Pretax Margin
-19.93%

Debt

Sales & Book Value

Annual Sales
$259.69 million
Cash Flow
$0.19 per share
Book Value
($0.10) per share

Miscellaneous

Free Float
38,163,000
Market Cap
$1.68 billion
Optionable
Optionable
Beta
0.29
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GRND Stock Analysis - Frequently Asked Questions

Should I buy or sell Grindr stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grindr in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street 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?

3 equities research analysts have issued 1-year price objectives for Grindr's stock. 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 39.5% 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 start of the year. Since then, GRND stock has increased by 8.9% and is now trading at $9.56.
View the best growth stocks for 2024 here
.

Are investors shorting Grindr?

Grindr saw a increase in short interest during the month of 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 currently 6.4 days. Approximately 1.8% of the shares of the stock are short sold.
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) announced its quarterly earnings results on Monday, March, 11th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm earned $72.09 million during the quarter. Grindr had a positive trailing twelve-month return on equity of 101.02% and a negative net margin of 21.48%.

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

Grindr updated 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 4/25/2024 by MarketBeat.com Staff

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