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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

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)