Grindr Inc (GRND) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Grindr Inc stock $23.45, price $13.54, upside +73.2%, quality 74 out of 100. Rating: strongly undervalued. Calculated from audited financials with 22 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range $4.65 – $36.50 · fair‑value band $11.10 – $31.98 · the $13.54 price screens below the $23.45 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Grindr Inc. operates a social networking and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide.
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It manages and operates Grindr platform, a social networking platform serving and addressing the needs of gay, bisexual, and sexually explorative adults. It also offers Grindr as the Global Gayborhood in Your Pocket brand.
In addition, the company provides ad-supported service and a premium subscription version. Grindr Inc. was founded in 2009 and is headquartered in West Hollywood, California.
Stock analysis
Grindr Inc (GRND) currently trades at $13.54, while our model-based Fair Value estimate is $23.45, implying the stock looks roughly 42% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $24.60 per share, and 16 of the 22 models we run sit above the $13.54 price.
Bear case: the Economic Profit group reads lowest at $6.63, and 6 of the 22 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $11.10 (bear) to $31.98 (bull), the price of $13.54 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 74/100 (solid quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Grindr Inc reported revenue of $440M in FY2025 versus $146M in FY2021, a compound +31.8%/yr. Reported net income was $94.8M in FY2025, compounding +108.0%/yr from FY2021.
Key figures
Market cap $2.4B Mid · P/E ratio 28.8 · P/S ratio 6.21 · EPS (TTM) $0.4700 · Net margin 21.5% · Return on equity 166% · Return on assets (EBIT) 12.8% (5-year average) · Operating margin 2.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 54 out of 100 (low confidence).
What moves the price
The share trades about 25% below its 52-week high and 37% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at 10% fair-value upside, at 73%, GRND screens cheaper than that median.
Fair Value models
Bear$11.10Fair Value $23.45Bull$31.98
Price $13.54 · Upside +73.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($0.4018 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, 5 officers or directors sold shares worth $31.2M and none bought.
SaleGeorge Raymond Zage IIIDirector, 10% owner4× since Sep 16, 2026: 2,000,000 shares, avg. $14.10$28.2MNov 3, 202610b5-1 plan
SaleZachary KatzCLO and Head of Global Affairs10× since Nov 13, 2025: 142,712 shares, avg. $14.87$2.1MOct 14, 202610b5-1 plan
SaleAustin J BalanceChief Product Officer3× since Nov 11, 2025: 155,413 shares, avg. $15.28$2.4MAug 31, 202610b5-1 plan
SaleDaniel Brooks BaerDirector3,500 shares at $15.65$54,775Aug 19, 202610b5-1 plan
SaleNathan RichardsonDirector9× since Nov 14, 2025: 12,485 shares, avg. $12.64$157,750Jun 1, 202610b5-1 plan
SaleJames Fu Bin Lu10% owner11× since Nov 11, 2025: 5,456,766 shares, avg. $12.24$66.8MFeb 6, 2026
BuyGeorge Raymond Zage IIIDirector, 10% owner4× since Nov 28, 2025: 705,000 shares, avg. $13.17$9.3MDec 5, 2025
Plus 13 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+27.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+31.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+33.3%
Start year 2020 (pandemic)
Revenue growth 6 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+26.2%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+63.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+63.8%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−1% → 29%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+5.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+16.0%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +3.3% a year for the price and +13.3% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (93 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: High profitability metrics signal efficient operations, yet thin public data and significant debt relative to equity leave no evidence of a durable moat.
Main risk: Integration and execution risks from the telehealth acquisition could distract management attention and slow progress in the core dating platform.
Grindr is expanding from its dating platform into integrated health services through a major acquisition in telehealth for HIV prevention. This could create new engagement and revenue opportunities within its existing user base but introduces integration and execution risks that may distract from core growth. Our models currently see it as undervalued. Will the health initiative add more lasting value than the added complexity subtracts?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Software - Application · 630 stocks
Beats the industry median on 6/10 measures
Overall it ranks above its industry peers.
Valuation
Quality Score74 · Top 25%
Fair Value upside+73.2% · Top 25%
Profitability
Return on equity (12 months)Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets17.8% · Top 25%
Net margin (12 months)10.9% · Above median
Operating margin (12 months)2.9% · Below median
Growth and dividend
Revenue growth (quarter YoY)22.1% · Top 25%
Balance sheet
Debt / equityNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Valuation Multiplesvs Software - Application median · lower = cheaper
P/E (12 months)28.8× · Pricier than median
P/BNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/S (12 months)4.53× · Pricier than median
Price / free cash flow (fiscal year)17.2× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Grindr Inc Fair Value". https://www.fairvalue-calculator.com/stock/GRND
Frequently asked questions
Is Grindr Inc (GRND) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $23.45 versus a price of $13.54, about +73% upside (undervalued).
What is the fair value of GRND?
Our model-based fair value for Grindr Inc is $23.45 (as of Nov 8, 2026), built from audited fundamentals. The current price: $13.54.
What is the quality score of GRND?
Grindr Inc has a Quality Score of 74/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Grindr Inc (GRND)?
Our model-based price target is the fair value of $23.45 (as of Nov 8, 2026) from 22 valuation models. Cautious scenario $11.10, optimistic scenario $31.98. It is a calculation from audited fundamentals, not an analyst target.
What is the Grindr Inc stock forecast for 2026?
Our models put fair value at $23.45, about +73% upside versus a price of $13.54 (undervalued). Cautious scenario $11.10, optimistic scenario $31.98. The calculation is refreshed regularly with new filings.
What is the revenue of Grindr Inc (GRND)?
Grindr Inc reported trailing-twelve-month revenue of about $535M (latest available figure, as of Nov 8, 2026).
What growth is priced into Grindr Inc (GRND)?
For today's price to be fair in a discounted-cash-flow model, Grindr Inc would have to grow free cash flow by +5.8 % per year for five years (discount rate 8.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +33.3 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of GRND use?
Our models discount Grindr Inc at 8.5 %: a base by market capitalisation (mid), damped by beta 0.23, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Grindr Inc that is +5.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (8.5 %) and the same formula as our fair value.
How much growth has Grindr Inc (GRND) delivered so far?
Over the past 5 years revenue at Grindr Inc grew +33.3 % a year. The price currently implies free-cash-flow growth of +5.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Grindr Inc (GRND) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Grindr Inc (+5.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Grindr Inc (GRND)?
The free-cash-flow yield on the price is 5.81 %: that much free cash flow Grindr Inc produces per unit of market value. When it exceeds the discount rate of our models (8.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Grindr Inc (GRND)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Grindr Inc it is $23.45 per share (as of Nov 8, 2026), against a price of $13.54. It is the blended result of 22 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Growth DCF, Economic Profit, Growth Earnings).
Is Grindr Inc stock overvalued or undervalued in 2026?
As of Nov 8, 2026, GRND trades below its calculated fair value: price $13.54, fair value $23.45, a gap of about +73% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of GRND?
No. The price is what the market pays today ($13.54); the fair value is what the company's own numbers justify ($23.45). For Grindr Inc the two are $9.91 per share apart. That gap is exactly why we show both numbers side by side.
How much is Grindr Inc worth?
The market values Grindr Inc at about $2.4B (market capitalisation, as of Nov 8, 2026). Per share that is $13.54; our models calculate a fair value of $23.45 per share.
What do the bullish and bearish scenarios say about GRND?
Our models span a range for Grindr Inc: cautious scenario $11.10, base $23.45, optimistic $31.98 per share (as of Nov 8, 2026, price $13.54). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of GRND?
Grindr Inc trades at a price-to-earnings ratio of 28.8 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $23.45 is built from several models across several years. Other multiples: P/S 4.5, EV/EBITDA 23.1.
How solid is the balance sheet of Grindr Inc (GRND)?
Balance-sheet figures for Grindr Inc (as of Nov 8, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 74/100, which measures business quality independently of the share price.
How far is GRND from its 52-week high?
Grindr Inc trades at $13.54, about 25% below its 52-week high of $17.94 and 37% above the low of $9.85 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $23.45 is for.
Which stocks are comparable to Grindr Inc?
From the same area (Technology) we also value SAP SE, Salesforce, Inc, Shopify Inc, ServiceNow, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Grindr Inc stock attractive at the current price?
The data as of Nov 8, 2026: price $13.54, calculated fair value $23.45 (+73%), Quality Score 74/100, from 22 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of GRND calculated?
We run Grindr Inc through 22 models from 6 families: DCF Models, Earnings-Based, Multiples, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $23.45 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Grindr Inc currently trades 42% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Grindr Inc (GRND)?
The closing price on Nov 6, 2026 was $13.54. Our model-based fair value is $23.45, about +73% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Grindr Inc right now?
The model range is unusually wide ($11.10 to $31.98). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (74/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Grindr Inc
How large is the market capitalisation of Grindr Inc (GRND)?
The market capitalisation of Grindr Inc is $2.4B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Grindr Inc (GRND)?
The price-to-sales ratio of Grindr Inc is 6.21 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Grindr Inc (GRND)?
Earnings per share at Grindr Inc are $0.4700 (price ÷ EPS = P/E 28.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Grindr Inc (GRND)?
The net margin of Grindr Inc is 21.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Grindr Inc (GRND)?
The return on equity (ROE) of Grindr Inc is 166% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Grindr Inc (GRND)?
On an EBIT basis the return on assets of Grindr Inc is 12.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Grindr Inc (GRND)?
The operating margin of Grindr Inc is 2.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Grindr Inc (GRND)?
Revenue at Grindr Inc is growing +22.1% versus a year earlier (3y avg +31.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Grindr Inc (GRND)?
Earnings per share at Grindr Inc are growing +25.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Grindr Inc (GRND) carry?
The net debt of Grindr Inc is $314M (fiscal year 2025, ≈ 2.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 8, 2026