A privacy advocacy group, noyb, filed complaints to Austria's data protection authority on Wednesday against TikTok, Grindr and AppsFlyer, alleging these companies breached regional privacy laws, risking exposure of sensitive data.
The average of price targets set by Wall Street analysts indicates a potential upside of 61% in GRINDR INC (GRND). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Grindr's majority shareholders George Raymond Zage III and James Lu have withdrawn their proposed buyout that values the LGBTQ dating app at $3.5 billion.
Grindr Inc (NYSE:GRND) shares fell more than 10% on Monday after the LGBTQ+ social networking platform said a proposal to take it private at a valuation of roughly $3.46 billion would not move forward, citing uncertainty around financing. The proposed buyout, led by major shareholders Ray Zage and James Lu, offered $18 per share in cash and represented a significant premium to Grindr's trading price when the offer was submitted on October 24.
Grindr stands out among dating app stocks, delivering robust growth and monetization despite sector headwinds and a 20% YTD share price decline. GRND's paid user base grew 17% year-over-year, outpacing peers like Match and Bumble, with new features driving double-digit payer growth and engagement. Valuation remains attractive at 12.2x EV/FY26 EBITDA, with a potential $18/share take-private offer providing additional upside for investors.
Grindr Inc. (GRND) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Grindr Inc. ( GRND ) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Tolu Adeofe - Head of Investor Relations George Arison - CEO & Executive Director John North - Chief Financial Officer Conference Call Participants Andrew Marok - Raymond James & Associates, Inc., Research Division Logan Whalley - TD Cowen, Research Division Andrew Boone - Citizens JMP Securities, LLC, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by, and welcome to Grindr's Third Quarter 2025 Earnings Call. My name is Janine, and I will be your lead operator for today.
Grindr Inc. (GRND) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.05 per share a year ago.
The proposal prices the shares at $18 each, a premium of about 51% to Grindr's stock price on Oct. 10.
Grindr Inc (NYSE:GRND) shares surged 22.7% in the early afternoon on Friday after the LGBTQ+ dating and social networking app received a formal buyout proposal from its controlling shareholders, potentially taking the company private. The offer, detailed in a filing with the Securities and Exchange Commission (SEC), comes from chairman James Fu Bin Lu and investor George Raymond Zage III, who together with affiliated entities already hold more than 60% of Grindr's outstanding shares.
Though no formal offer has been made, a committee has been formed to review any potential definitive proposal, the dating-app company said.
GRINDR INC (GRND) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.