Streetbeat News

GRND

Grindr Inc.

https://www.grindr.com

Industry

Software - Application

Grindr Inc. operates social network platform for the LGBTQ community. Its platform enables gay, bi, trans, and queer people to engage with each other, share content and experiences, and express themselves. It offers a free, ad-supported service and a premium subscription version. The company was founded in 2009 and is based in West Hollywood, California.

Open

18.03

Mkt cap

3.2B

Volume

1.8M

High

18.07

P/E Ratio

-59.93

52-wk high

18.70

Low

17.95

Div yield

N/A

52-wk low

7.93

Grindr Inc. (NYSE: GRND) will release its Q4 and full year 2024 financial results on March 5, 2025, after market close. A press release and a webcasted conference call will follow.

Portfolio Pulse from

February 19, 2025 | 9:30 pm

Grindr has increased its price target to $22/share, driven by expected revenue growth of 32-33% in 2024, strong ad sales, and subscriptions. The company redeemed warrants, increasing stock float, which may attract institutional investors. AI integration is expected to enhance platform stickiness and ARPPU growth.

Portfolio Pulse from

February 16, 2025 | 6:30 am

Grindr Inc. (NYSE: GRND) has announced its 2025 product roadmap, which includes six new intent-based travel and AI personalization products. This marks the most extensive set of launches in the company's history, aiming to enhance user experience and expand use cases.

Portfolio Pulse from

January 21, 2025 | 2:15 pm

Grindr Inc. is considered a bargain at $17 per share due to its attractive valuation at 23x forward free cash flow, revenue growth, and profitability. The company's focus on monetization and user engagement, despite its debt, positions it for strong returns.

Portfolio Pulse from

January 16, 2025 | 5:15 pm

Grindr, Inc. (GRND) is experiencing growth in its stock price due to an increase in paying customers and the addition of new features to its social networking app.

Portfolio Pulse from

January 08, 2025 | 2:15 pm

Grindr Inc. (NYSE: GRND) will participate in the Raymond James 2024 TMT & Consumer Conference, with CFO Vanna Krantz speaking in a fireside chat. The event will be webcast live on Grindr's investor relations website.

Portfolio Pulse from

December 04, 2024 | 9:45 pm

Wall Street analysts have set an average price target for GRINDR INC (GRND) that suggests a potential upside of 28.9%. This is supported by positive trends in earnings estimate revisions, which could lead to an increase in the stock price.

Portfolio Pulse from

November 29, 2024 | 4:15 pm

The article compares the performance of Grindr Inc. (GRND) and Meta Platforms (META) against the broader computer and technology sector for the year.

Portfolio Pulse from

November 28, 2024 | 4:00 pm

The article discusses Grindr Inc. (GRND) as a potential top momentum stock pick for investors. It evaluates whether GRND has the characteristics to be a strong choice for momentum investing.

Portfolio Pulse from

November 26, 2024 | 6:15 pm

Wall Street analysts have set a mean price target for GRINDR INC (GRND) that suggests a potential 32.1% upside. Despite the historical ineffectiveness of price targets, the consensus among analysts in raising earnings estimates indicates a positive outlook for the stock.

Portfolio Pulse from

November 13, 2024 | 4:15 pm

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