Grindr Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 106 out of 487 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 18.20.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Grindr Inc's Score
Industry at a Glance
Industry Ranking
106 / 487
Overall Ranking
164 / 4569
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Positive
Grindr Inc Highlights
StrengthsRisks
Grindr Inc. manages and operates the Grindr platform, which a global social networking platform primarily serving and addressing the needs of gay, bisexual, and sexually explorative adults. The Company is developing new products for users to engage with the Grindr platform, which include new partnership-based digital versions of services typically found in physical gayborhoods. Its platform enables GBTQ adults to connect with one another. Its platform helps its users find what they are looking for: casual dating, long-term relationships, community and friendships, professional networking, travel information and local discovery. The Grindr platform offers a variety of location-based social features and functions, including identity expression (profile, photos, presence); connection (search, filters, the Cascade, Viewed Me); and interaction (chat, media sharing); with trust and safety tools across the experience, and subscriptions for premium features offering further access and control.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 69.39% year-on-year.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Overvalued
The company’s latest PE is 28.62, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 34.69M shares, decreasing 25.79% quarter-over-quarter.
Grindr Inc. manages and operates the Grindr platform, which a global social networking platform primarily serving and addressing the needs of gay, bisexual, and sexually explorative adults. The Company is developing new products for users to engage with the Grindr platform, which include new partnership-based digital versions of services typically found in physical gayborhoods. Its platform enables GBTQ adults to connect with one another. Its platform helps its users find what they are looking for: casual dating, long-term relationships, community and friendships, professional networking, travel information and local discovery. The Grindr platform offers a variety of location-based social features and functions, including identity expression (profile, photos, presence); connection (search, filters, the Cascade, Viewed Me); and interaction (chat, media sharing); with trust and safety tools across the experience, and subscriptions for premium features offering further access and control.