GrindrGRND
GRND
About: Grindr Inc is a social networking app for gay, bi, trans, and queer people. It is a social network that brings together gay and bisexual men who want to meet other men close to them in a completely discreet and anonymous way, without having to give any personal information or having to fill out a profile with confidential information in order to register.
Employees: 147
0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
206% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 18
157% more call options, than puts
Call options by funds: $9.32M | Put options by funds: $3.63M
84% more capital invested
Capital invested by funds: $288M [Q3] → $531M (+$243M) [Q4]
72% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 32
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
29% more funds holding
Funds holding: 126 [Q3] → 162 (+36) [Q4]
3.14% more ownership
Funds ownership: 13.71% [Q3] → 16.85% (+3.14%) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$21
9%
upside
Avg. target
$22
14%
upside
High target
$24
24%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
JMP Securities Nicholas Jones 28% 1-year accuracy 23 / 82 met price target | 24%upside $24 | Market Outperform Reiterated | 21 Apr 2025 |
Citizens Capital Markets Nicholas Jones 28% 1-year accuracy 23 / 82 met price target | 9%upside $21 | Market Outperform Reiterated | 5 Mar 2025 |
Raymond James Andy Marok 100% 1-year accuracy 3 / 3 met price target | 9%upside $21 | Outperform Reiterated | 24 Jan 2025 |
Financial journalist opinion
Neutral
Business Wire
3 weeks ago
Looking? Grindr's ‘Right Now' Feature Expands into 15 New Cities
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Grindr, the Global Gayborhood in Your Pocket™ with more than 14.5M average monthly active users, today announced the expansion of Right Now, their intent-based feature designed to instantly connect people looking for immediate encounters.
Positive
Seeking Alpha
1 month ago
Grindr: AI-Driven Innovation And Global Expansion Create A Buying Opportunity
Grindr's Q4 results were in line with expectations, but shares fell due to slightly lower EBITDA guidance, presenting a buying opportunity. Product innovation and AI investments differentiate Grindr, driving user engagement and long-term revenue growth, making it the premier LGBTQ social app. Global expansion and favorable regulations, like same-sex marriage legalization, support Grindr's growth, with a $500m share buyback reflecting management's confidence.
Positive
Zacks Investment Research
1 month ago
Grindr Inc. (GRND) Matches Q4 Earnings Estimates
Grindr Inc. (GRND) came out with quarterly earnings of $0.09 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.04 per share a year ago.
Negative
Seeking Alpha
1 month ago
Grindr: Still Growing, But Deceleration Is A Good Time To Pause On This Investment (Rating Downgrade)
Shares of Grindr dropped ~15% after reporting Q4 results, with investors reacting harshly to a slowdown in paid user adds and a slight margin pullback. The company's FY25 outlook also calls for a 10+ point deceleration in revenue growth to 24%, though we have to take this in context against the broader dating app industry. Grindr still maintains a healthy growth premium over its peers, with both Bumble and Match recently hitting negative revenue comps.
Neutral
Seeking Alpha
1 month ago
Grindr Inc. (GRND) Q4 2024 Earnings Call Transcript
Grindr Inc. (NYSE:GRND ) Q4 2024 Earnings Conference Call March 5, 2025 5:00 PM ET Company Participants Tolu Adeofe - Head-Investor Relations George Arison - Chief Executive Officer Vanna Krantz - Chief Financial Officer Conference Call Participants Andrew Marok - Raymond James John Blackledge - TD Cowen Eric Sheridan - Goldman Sachs Operator Good afternoon. My name is Calvin and I'll be your conference operator today.
Neutral
Business Wire
1 month ago
Grindr Inc. Delivers 33% Full Year 2024 Revenue Growth
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today posted its financial results for the fourth quarter and fiscal year ended December 31, 2024 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr's Investor Relations website: https://investors.grindr.com/. The Company also announced that its board of directors has authorized a two-year share repurchase program of up to $500 million of Gri.
Negative
Invezz
1 month ago
Grindr stock analysis: why is it beating Bumble and Match Group?
The biggest dating stocks have plunged in the past few years as consumers remained adamant about paying. Match Group and Bumble stocks have imploded, shedding billions of dollars in value.
Neutral
Business Wire
1 month ago
Grindr to Participate in Upcoming Investor Conferences
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that Chief Executive Officer, George Arison and Chief Financial Officer, Vanna Krantz will participate in the following upcoming investor events. Morgan Stanley Technology, Media & Telecom Conference Location: San Francisco, CA Date: Monday, March 3, 2025 Fireside Chat Presentation: 1:50 PM PT Citizens JMP Technology Conference Location: San Francisco, CA Date: Tuesday, March 4, 20.
Neutral
Business Wire
2 months ago
Grindr Announces Date of Fourth Quarter and Full Year 2024 Financial Results Earnings Call
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, announced that it will release its financial results for the fourth quarter and full year ended December 31, 2024, after the market closes on Wednesday, March 5, 2025. Grindr will issue a press release when its Shareholder Letter has been posted to its Investor Relations website at https://investors.grindr.com. Following the release of the Shareholder Letter, Grindr will host a webcasted conference ca.
Positive
Seeking Alpha
2 months ago
Grindr: AI Innovation Grinds Higher; Increase Price Target To $22/Share
Grindr expects revenue growth of 32-33% for 2024, driven by strong direct ad sales and subscriptions, maintaining an adj. EBITDA margin of at least 42%. The company redeemed public and private warrants, increasing stock float, which may attract institutional investors and reduce overhang over time. GRND's focus on product innovation and AI integration is expected to enhance platform stickiness and ARPPU growth, with a new target price of $22/share.
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