Grindr (GRND)

• Market cap: $4.51B
• 1 day: -0.48%
• 5 days: -0.99%
• 1 month: -3.44%
• 3 months: 40.39%
• 6 months: 46.19%
• Year to date: 28.19%
• 1 year: 144.01%
• 5 years: 115.65%
• 10 years: 115.65%
• Sector: Technology
• Industry: Software - Application

About: Grindr Inc is a social networking app for gay, bi, trans, and queer people. It is a social network that brings together gay and bisexual men who want to meet other men close to them in a completely discreet and anonymous way, without having to give any personal information or having to fill out a profile with confidential information in order to register.

Employees: 146

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

53% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 43

39% more call options, than puts

Call options by funds: $9.89M | Put options by funds: $7.14M

15% more capital invested

Capital invested by funds: $531M [Q4 2024] → $612M (+$81.5M) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]

0% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 33

0.88% less ownership

Funds ownership: 16.85% [Q4 2024] → 15.97% (-0.88%) [Q1 2025]

1% less funds holding

Funds holding: 162 [Q4 2024] → 160 (-2) [Q1 2025]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $24 4% upside
• Avg. target: $25 10% upside
• High target: $26 13% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Goldman Sachs Eric Sheridan	13% upside $26	Buy Maintained	12 May 2025
Raymond James Andy Marok	13% upside $26	Outperform Reiterated	9 May 2025
JMP Securities Nicholas Jones	4% upside $24	Market Outperform Reiterated	21 Apr 2025