Analysts Set Grindr Inc. (NYSE:GRND) Target Price at $18.80

Posted by on May 14th, 2026

Grindr Inc. (NYSE:GRND – Get Free Report) has earned an average rating of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $18.40.

A number of analysts have recently weighed in on GRND shares. TD Cowen dropped their target price on shares of Grindr from $26.00 to $22.00 and set a “buy” rating for the company in a report on Tuesday, February 24th. Raymond James Financial restated an “outperform” rating and set a $18.00 price target on shares of Grindr in a report on Friday, May 8th. The Goldman Sachs Group dropped their price objective on Grindr from $20.00 to $17.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Weiss Ratings raised Grindr from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday. Finally, Morgan Stanley assumed coverage on Grindr in a report on Tuesday, February 24th. They set an “equal weight” rating and a $14.00 target price for the company.

Read Our Latest Analysis on Grindr

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Grindr by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 2,292,256 shares of the company’s stock valued at $34,430,000 after purchasing an additional 9,952 shares in the last quarter. Norges Bank bought a new position in Grindr in the fourth quarter worth about $27,441,000. Quinn Opportunity Partners LLC purchased a new stake in Grindr in the fourth quarter worth about $20,565,000. Dimensional Fund Advisors LP boosted its position in Grindr by 77.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,396,122 shares of the company’s stock valued at $16,881,000 after acquiring an additional 610,111 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its holdings in shares of Grindr by 327.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,381,211 shares of the company’s stock worth $20,746,000 after acquiring an additional 1,058,084 shares during the period. 7.22% of the stock is currently owned by institutional investors.

Grindr Stock Up 3.4%

Shares of NYSE GRND opened at $14.58 on Thursday. The firm’s fifty day moving average is $12.72 and its 200 day moving average is $12.73. Grindr has a 52 week low of $9.73 and a 52 week high of $25.13. The company has a quick ratio of 1.96, a current ratio of 1.32 and a debt-to-equity ratio of 442.30. The company has a market cap of $2.70 billion, a price-to-earnings ratio of 30.36 and a beta of 0.27.

Grindr (NYSE:GRND – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.01. Grindr had a net margin of 19.85% and a return on equity of 123.31%. The business had revenue of $129.94 million during the quarter, compared to analysts’ expectations of $119.42 million. On average, equities research analysts expect that Grindr will post 0.58 earnings per share for the current year.

About Grindr

(Get Free Report)

Grindr, trading on the NYSE under the ticker symbol GRND, operates a global social networking and dating platform designed primarily for gay, bisexual, transgender and queer (GBTQ) individuals. The company’s core offering is a location-based mobile application that enables users to connect, chat and share content with others in their vicinity. Through its free tier and premium subscription services—known as Grindr XTRA and Grindr Unlimited—Grindr provides enhanced features such as ad-free browsing, advanced filters and unlimited profile views, catering to a broad spectrum of user needs.

Originally launched in 2009 by entrepreneur Joel Simkhai, Grindr was one of the first mobile apps to leverage geolocation technology for social networking.

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Analyst Recommendations for Grindr (NYSE:GRND)

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