Grindr (GRND) to Release Quarterly Earnings on Thursday

Grindr (NYSE:GRND) is expected to announce its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $119.4180 million for the quarter. Individuals can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, May 7, 2026 at 5:00 PM ET.

Grindr Stock Down 1.9%

Shares of NYSE:GRND traded down $0.27 during trading on Wednesday, hitting $13.52. The stock had a trading volume of 98,910 shares, compared to its average volume of 1,383,266. Grindr has a 12 month low of $9.73 and a 12 month high of $25.13. The company has a market capitalization of $2.50 billion, a PE ratio of 31.44 and a beta of 0.27. The firm’s fifty day moving average is $12.38 and its 200 day moving average is $12.67. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 8.00.

Insiders Place Their Bets

In other news, major shareholder James Fu Bin Lu sold 600,000 shares of Grindr stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $10.07, for a total transaction of $6,042,000.00. Following the transaction, the insider owned 18,907,101 shares in the company, valued at $190,394,507.07. This trade represents a 3.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold 1,076,500 shares of company stock valued at $10,815,005 in the last 90 days. 67.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Grindr

A number of institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC lifted its position in Grindr by 289.1% during the first quarter. AQR Capital Management LLC now owns 88,134 shares of the company’s stock valued at $1,578,000 after purchasing an additional 65,485 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Grindr by 2.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,878 shares of the company’s stock worth $517,000 after buying an additional 762 shares during the period. Creative Planning purchased a new position in shares of Grindr during the 2nd quarter valued at about $310,000. Legal & General Group Plc lifted its position in shares of Grindr by 33.8% during the 2nd quarter. Legal & General Group Plc now owns 30,341 shares of the company’s stock valued at $689,000 after buying an additional 7,668 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Grindr by 27.8% during the 2nd quarter. Rhumbline Advisers now owns 55,006 shares of the company’s stock valued at $1,249,000 after acquiring an additional 11,963 shares during the period. 7.22% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on GRND shares. The Goldman Sachs Group reduced their price target on Grindr from $20.00 to $17.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Morgan Stanley began coverage on Grindr in a research report on Tuesday, February 24th. They set an “equal weight” rating and a $14.00 price objective for the company. TD Cowen reduced their target price on shares of Grindr from $26.00 to $22.00 and set a “buy” rating on the stock in a research report on Tuesday, February 24th. Finally, Weiss Ratings upgraded shares of Grindr from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, March 4th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $18.80.

Grindr Company Profile

Grindr, trading on the NYSE under the ticker symbol GRND, operates a global social networking and dating platform designed primarily for gay, bisexual, transgender and queer (GBTQ) individuals. The company’s core offering is a location-based mobile application that enables users to connect, chat and share content with others in their vicinity. Through its free tier and premium subscription services—known as Grindr XTRA and Grindr Unlimited—Grindr provides enhanced features such as ad-free browsing, advanced filters and unlimited profile views, catering to a broad spectrum of user needs.

Originally launched in 2009 by entrepreneur Joel Simkhai, Grindr was one of the first mobile apps to leverage geolocation technology for social networking.