Grindr (GRND) Stock Forecast, Price Target & Predictions
GRND Stock Forecast
Grindr stock forecast is as follows: an average price target of $16.00 (represents a 29.55% upside from GRND’s last price of $12.35) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
GRND Price Target
The average price target for Grindr (GRND) is $16.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $15.00. This represents a potential 29.55% upside from GRND's last price of $12.35.
GRND Analyst Ratings
According to 3 Wall Street analysts, Grindr's rating consensus is 'Buy'. The analyst rating breakdown for GRND stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Grindr Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 27, 2024 | Andy Marok | Raymond James | $15.00 | $12.02 | 24.79% | 21.46% |
| Jun 27, 2024 | Nicholas Jones | JMP Securities | $17.00 | $11.82 | 43.82% | 37.65% |
| Apr 03, 2024 | Andrew Marok | Raymond James | $14.00 | $10.52 | 33.08% | 13.36% |
| Apr 02, 2024 | Nicholas Jones | JMP Securities | $14.00 | $10.23 | 36.85% | 13.36% |
The latest Grindr stock forecast, released on Jun 27, 2024 by Andy Marok from Raymond James, set a price target of $15.00, which represents a 24.79% increase from the stock price at the time of the forecast ($12.02), and a 21.46% increase from GRND last price ($12.35).
Grindr Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $16.00 | $15.00 |
| Last Closing Price | $12.35 | $12.35 | $12.35 |
| Upside/Downside | -100.00% | 29.55% | 21.46% |
In the current month, the average price target of Grindr stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Grindr's last price of $12.35. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 27, 2024 | Raymond James | Outperform | Outperform | Hold |
| Jun 27, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Jun 07, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Apr 03, 2024 | Raymond James | - | Outperform | Initialise |
| Apr 02, 2024 | JMP Securities | Market Outperform | Outperform | Initialise |
| Apr 02, 2024 | JMP Securities | - | Market Outperform | Initialise |
| Mar 28, 2024 | Cowen & Co. | - | Buy | Initialise |
Grindr's last stock rating was published by Raymond James on Jun 27, 2024. The company gave GRND a "Outperform" rating, the same as its previous rate.
Grindr Financial Forecast
Grindr Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $72.09M |
| Avg Forecast | $111.00M | $110.50M | $99.60M | $92.40M | $88.70M | $86.27M | $77.87M | $72.70M | $72.09M |
| High Forecast | $113.87M | $113.36M | $102.17M | $94.79M | $90.99M | $88.50M | $79.88M | $74.58M | $72.27M |
| Low Forecast | $108.98M | $108.49M | $97.79M | $90.72M | $87.09M | $84.70M | $76.45M | $71.38M | $71.90M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 1.00% |
Grindr's average Quarter revenue forecast for Mar 24 based on 1 analysts is $72.70M, with a low forecast of $71.38M, and a high forecast of $74.58M. GRND's average Quarter revenue forecast represents a 0.85% increase compared to the company's last Quarter revenue of $72.09M (Dec 23).
Grindr EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $21.55M |
| Avg Forecast | $30.31M | $30.18M | $27.20M | $25.23M | $24.22M | $23.56M | $21.27M | $19.85M | $19.69M |
| High Forecast | $31.10M | $30.96M | $27.90M | $25.89M | $24.85M | $24.17M | $21.81M | $20.37M | $19.74M |
| Low Forecast | $29.76M | $29.63M | $26.71M | $24.77M | $23.78M | $23.13M | $20.88M | $19.49M | $19.64M |
| Surprise % | - | - | - | - | - | - | - | - | 1.09% |
1 analysts predict GRND's average Quarter EBITDA for Mar 24 to be $19.85M, with a high of $20.37M and a low of $19.49M. This is -7.87% lower than Grindr's previous annual EBITDA (Dec 23) of $21.55M.
Grindr Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $-44.76M |
| Avg Forecast | $17.57M | $17.57M | $15.81M | $14.05M | $13.18M | $12.30M | $8.78M | $7.12M | $365.51M |
| High Forecast | $18.16M | $18.16M | $16.34M | $14.53M | $13.62M | $12.71M | $9.08M | $7.36M | $366.75M |
| Low Forecast | $17.15M | $17.15M | $15.44M | $13.72M | $12.86M | $12.01M | $8.58M | $6.96M | $364.28M |
| Surprise % | - | - | - | - | - | - | - | - | -0.12% |
Grindr's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. GRND's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Grindr SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $27.89M |
| Avg Forecast | $26.79M | $26.67M | $24.03M | $22.30M | $21.40M | $20.82M | $18.79M | $17.54M | $17.40M |
| High Forecast | $27.48M | $27.35M | $24.66M | $22.87M | $21.96M | $21.36M | $19.28M | $18.00M | $17.44M |
| Low Forecast | $26.30M | $26.18M | $23.60M | $21.89M | $21.02M | $20.44M | $18.45M | $17.22M | $17.35M |
| Surprise % | - | - | - | - | - | - | - | - | 1.60% |
Grindr's average Quarter SG&A projection for Mar 24 is $17.54M, based on 1 Wall Street analysts, with a range of $17.22M to $18.00M. The forecast indicates a -37.11% fall compared to GRND last annual SG&A of $27.89M (Dec 23).
Grindr EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | $-0.26 |
| Avg Forecast | $0.10 | $0.10 | $0.09 | $0.08 | $0.07 | $0.07 | $0.05 | $0.04 | $2.09 |
| High Forecast | $0.10 | $0.10 | $0.09 | $0.08 | $0.08 | $0.07 | $0.05 | $0.04 | $2.10 |
| Low Forecast | $0.10 | $0.10 | $0.09 | $0.08 | $0.07 | $0.07 | $0.05 | $0.04 | $2.08 |
| Surprise % | - | - | - | - | - | - | - | - | -0.12% |
According to undefined Wall Street analysts, Grindr's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to GRND previous annual EPS of $NaN (undefined).
Grindr Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXFY | Expensify | $2.24 | $13.75 | 513.84% | Buy |
| LAW | CS Disco | $5.82 | $26.86 | 361.51% | Hold |
| ONTF | ON24 | $6.07 | $18.00 | 196.54% | - |
| ZI | ZoomInfo | $10.35 | $28.20 | 172.46% | Buy |
| FRSH | Freshworks | $11.16 | $22.08 | 97.85% | Buy |
| PYCR | Paycor HCM | $13.71 | $23.11 | 68.56% | Hold |
| BRZE | Braze | $34.99 | $58.92 | 68.39% | Buy |
| VTEX | VTEX | $6.85 | $10.13 | 47.88% | Buy |
| GRND | Grindr | $12.35 | $16.00 | 29.55% | Buy |
| GTLB | GitLab | $51.17 | $63.20 | 23.51% | Buy |
| DOCU | DocuSign | $56.64 | $68.93 | 21.70% | Hold |
| PWSC | PowerSchool | $22.76 | $24.08 | 5.80% | Hold |
| ETWO | E2open Parent | $4.45 | $4.40 | -1.12% | Hold |
| CWAN | Clearwater Analytics | $25.15 | $24.33 | -3.26% | Buy |
| DUOL | Duolingo | $250.23 | $189.30 | -24.35% | Buy |
| BLKB | Blackbaud | $84.10 | $48.00 | -42.93% | Buy |
GRND Forecast FAQ
Is Grindr a good buy?
Yes, according to 3 Wall Street analysts, Grindr (GRND) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of GRND's total ratings.
What is GRND's price target?
Grindr (GRND) average price target is $16 with a range of $15 to $17, implying a 29.55% from its last price of $12.35. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Grindr stock go up soon?
According to Wall Street analysts' prediction for GRND stock, the company can go up by 29.55% (from the last price of $12.35 to the average price target of $16), up by 37.65% based on the highest stock price target, and up by 21.46% based on the lowest stock price target.
Can Grindr stock reach $20?
GRND's average twelve months analyst stock price target of $16 does not support the claim that Grindr can reach $20 in the near future.
What are Grindr's analysts' financial forecasts?
Grindr's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $325.53M (high $333.95M, low $319.61M), average EBITDA is $88.9M (high $91.2M, low $87.28M), average net income is $41.38M (high $42.77M, low $40.4M), average SG&A $78.56M (high $80.59M, low $77.13M), and average EPS is $0.236 (high $0.243, low $0.23). GRND's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $413.5M (high $424.19M, low $405.97M), average EBITDA is $112.93M (high $115.84M, low $110.87M), average net income is $65M (high $67.18M, low $63.46M), average SG&A $99.78M (high $102.36M, low $97.97M), and average EPS is $0.37 (high $0.382, low $0.361).
Did the GRND's actual financial results beat the analysts' financial forecasts?
Based on Grindr's last annual report (Dec 2023), the company's revenue was $259.69M, beating the average analysts forecast of $72.09M by 260.25%. Apple's EBITDA was $82.49M, beating the average prediction of $19.69M by 319.01%. The company's net income was $-55.768M, missing the average estimation of $365.51M by -115.26%. Apple's SG&A was $80.42M, beating the average forecast of $17.4M by 362.29%. Lastly, the company's EPS was $-0.32, missing the average prediction of $2.09 by -115.32%. In terms of the last quarterly report (Dec 2023), Grindr's revenue was $72.09M, beating the average analysts' forecast of $72.09M by 0%. The company's EBITDA was $21.55M, beating the average prediction of $19.69M by 9.47%. Grindr's net income was $-44.763M, missing the average estimation of $365.51M by -112.25%. The company's SG&A was $27.89M, beating the average forecast of $17.4M by 60.35%. Lastly, the company's EPS was $-0.26, missing the average prediction of $2.09 by -112.45%