NYSE:GRND

Grindr (GRND) Stock Price, News & Analysis

$9.89
+0.33 (+3.45%)
(As of 04/26/2024 08:52 PM ET)
Today's Range
$9.60
$10.04
50-Day Range
$8.09
$10.83
52-Week Range
$4.49
$11.13
Volume
232,600 shs
Average Volume
427,268 shs
Market Capitalization
$1.73 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
34.8% Upside
$13.33 Price Target
Short Interest
Bearish
1.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.41mentions of Grindr in the last 14 days
Based on 10 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.

3.06 out of 5 stars

Computer And Technology Sector

293rd out of 589 stocks

Software - Application Industry

5th out of 8 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

His win rate puts Warren Buffett to shame…
Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.
JMP Securities Sticks to Their Buy Rating for Grindr (GRND)
His win rate puts Warren Buffett to shame…
Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.
Grindr Inc. (GRND)
Reviewing Grindr (GRND) and Its Peers
Grindr Goes Beyond Dating
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
Grindr Inc. (GRND) Q4 2023 Earnings Call Transcript
See More Headlines
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Company Calendar

Last Earnings
3/11/2024
Today
4/29/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Software - Application
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
+34.8%
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
$0.20 per share
Book Value
($0.10) per share

Miscellaneous

Free Float
38,163,000
Market Cap
$1.73 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 research analysts have issued "buy," "hold," and "sell" ratings for Grindr in the last twelve months. There are currently 3 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?

3 equities research analysts have issued 12 month target prices for Grindr's stock. Their GRND share price targets range from $12.00 to $14.00. On average, they anticipate the company's share price to reach $13.33 in the next twelve months. This suggests a possible upside of 34.8% 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 on January 1st, 2024. Since then, GRND stock has increased by 12.6% and is now trading at $9.89.
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 trading volume of 478,900 shares, the short-interest ratio is presently 6.4 days. Approximately 1.8% of the shares of the company 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 results on Monday, March, 11th. The company reported $0.04 earnings per share for the quarter. The firm earned $72.09 million during 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 4/29/2024 by MarketBeat.com Staff

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