The company's fundamentals are relatively healthy. Its valuation is considered undervalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows 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
42 / 487
Overall Ranking
115 / 4623
Industry
Software & IT Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
4
analysts
Buy
Current Rating
22.750
Target Price
+61.92%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Grindr Inc Highlights
StrengthsRisks
Grindr Inc. manages and operates the Grindr app, a social network and dating application focused on the global lesbian, gay, bisexual, transgender, and queer (LGBTQ) social network platform serving and addressing the needs of the LGBTQ queer community. The Grindr app is available through Apple's App Store for iPhones and Google Play for Android. The Company offers both a free, ad-supported service and a premium subscription version. Its platform enables the LGBTQ community to connect with each other and the world. Its core product, the Grindr App, offers a variety of location-based social features and functions, including identity expression (profile, photos, presence), connection (search, filters, the Cascade, Viewed Me), interaction (chat, media sharing), trust and safety tools across the experience, and subscriptions for premium features offering more access and control. Grindr App has monthly active users (MAUs) in over 190 countries and territories.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 76.72% year-on-year.
Fairly Valued
The company’s latest PE is -44.09, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 43.17M shares, decreasing 1.14% quarter-over-quarter.
Grindr Inc. manages and operates the Grindr app, a social network and dating application focused on the global lesbian, gay, bisexual, transgender, and queer (LGBTQ) social network platform serving and addressing the needs of the LGBTQ queer community. The Grindr app is available through Apple's App Store for iPhones and Google Play for Android. The Company offers both a free, ad-supported service and a premium subscription version. Its platform enables the LGBTQ community to connect with each other and the world. Its core product, the Grindr App, offers a variety of location-based social features and functions, including identity expression (profile, photos, presence), connection (search, filters, the Cascade, Viewed Me), interaction (chat, media sharing), trust and safety tools across the experience, and subscriptions for premium features offering more access and control. Grindr App has monthly active users (MAUs) in over 190 countries and territories.