Added to YB: 2024-07-04
Pitch date: 2024-06-27
GRND [bullish]
Grindr Inc.
+5.91%
current return
Author Info
No bio for this author
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Company Info
Grindr Inc. operates a social networking and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide.
Market Cap
$2.2B
Pitch Price
$12.35
Price Target
15.00 (+13%)
Dividend
N/A
EV/EBITDA
19.70
P/E
-39.53
EV/Sales
6.13
Sector
Interactive Media and Services
Category
growth
Show full summary:
Grindr's Unique Market Position Prompts Raymond James to Raise Price Target
GRND: Raymond James raises PT to $15 from $14, Outperform. Unique position in digital gay life. Multiple product releases through 2027 expected to boost payer conversion/ARPPU. Company building out product offering.
Read full article (1 min)