Added to YB: 2026-03-10
Pitch date: 2026-03-06
GRND [bullish]
Grindr Inc.
+5.55%
current return
Author Info
No bio for this author
Company Info
Grindr Inc. operates a social networking and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide.
Market Cap
$2.1B
Pitch Price
$11.53
Price Target
16.30 (+33%)
Dividend
N/A
EV/EBITDA
17.58
P/E
27.00
EV/Sales
5.60
Sector
Interactive Media and Services
Category
growth
Discovering Grindr: The Underrated Powerhouse in Niche Dating
GRND: 80% mkt share in LGBTQ+ dating w/ 14M MAUs, 75% gross margin, 44% EBITDA margin. FY25 rev $440M (+28% YoY), net income $95M vs loss prior. 2026 guide: $528M rev, $217M EBITDA. 7-8% convert to paid subs at $25-30 ARPU (room to grow). New AI tier EDGE tests at $80-200/wk driving engagement +10%. $450M buyback thru 2029. Stock down 20% on shareholder margin call post-fake buyout bid. Fair PE 24 → $16.30 PT (+40% upside), 32% 3yr IRR to $20+. Risk: user growth slowed to 5%.
Read full article (6 min)