Morgan Stanley Upgrades Grindr Inc. to 'Buy' with New Price Target
Morgan Stanley's analyst Nathan Feather raises Grindr's target to $18, upgrading it to 'buy', a 25.26% upside from the current price.
Key Points
- Morgan Stanley raised its price target for Grindr Inc. (NYSE:GRND) to $18, upgrading the stock to a 'buy' rating on July 1, 2026.
- Morgan Stanley's $18 price target implies 25.26% upside from Grindr Inc.'s ($GRND) current $14.37 share price.
- As of Wednesday, Grindr's shares traded at $14.37. The company has a market cap of approximately $2.55 billion and a P/E ratio of 31.2.
- Recent insider activities include Grindr's CEO George Arison buying 2.25 million shares, while CLO Zachary Katz sold shares in planned transactions.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Morgan Stanley has upgraded Grindr Inc. (NYSE:GRND) to a 'buy' rating, setting a new price target of $18. This change was announced on July 1, 2026, by analyst Nathan Feather. On Wednesday, Grindr's shares were trading at around $14.37.
Morgan Stanley vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Grindr Inc. Stock Down 7.8%
Shares of NYSE:GRND were trading near $14.37 on Wednesday. Grindr Inc. has a market cap of approximately $2.55 billion, with a P/E ratio of 31.2 and a forward P/E of 18.7. The stock's 52-week range is between $9.73 and $22.73. It has a 50-day moving average of $13.05 and a 200-day moving average of $12.99. The company's beta is relatively low at 0.246, indicating less volatility compared to the market.
$GRND price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Grindr reported revenue of about $475.9 million, with a growth rate of 38.3%. The net margin stands at 19.9%, and the return on equity is 58.9%. The company is expected to announce its next earnings on August 6, 2026.
Insider Buying and Selling at Grindr Inc.
Grindr's CEO, George Arison, made a substantial purchase of 2.25 million shares without a specified price on June 19, 2026. Meanwhile, CLO and Head of Global Affairs, Zachary Katz, sold shares on two occasions: 12,799 shares on June 29, 2026, at an average price of $14.65, and 10,172 shares on June 17, 2026, at $13.29. Both sales were part of planned transactions.
Analysts Set New Price Targets
On July 1, 2026, Morgan Stanley upgraded Grindr to a 'buy' with a new price target of $18. Previously, Goldman Sachs maintained a 'buy' rating with a target of $17 on March 2, 2026. TD Cowen also maintained a 'buy' rating with a target of $22 on February 24, 2026. The consensus among analysts is a 'buy' rating, with an average target price of $18.20, based on five analyst opinions.
About Grindr Inc.
Grindr Inc. operates a popular social networking and dating app for the LGBTQ community. Headquartered in West Hollywood, California, the company offers both ad-supported and premium subscription services. Founded in 2009, Grindr has become a leading platform for gay, bisexual, and sexually explorative adults, with Mr. John F. North III serving as CEO.
Bottom Line
Morgan Stanley's upgrade to a 'buy' and new price target for Grindr reflects confidence in the company's potential. With a solid market position and upcoming earnings, Grindr remains a company to watch. As always, remember that analyst ratings are one of many tools investors use, and this report is based on past data.
Get Grindr Inc. alerts
New 13F filings, insider trades, and analyst moves on $GRND, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.