Morgan Stanley Rates Grindr (GRND) buy, $18 Price Target
Morgan Stanley's analyst Nathan Feather raises Grindr's target to $18, upgrading it to 'buy', a 25.26% upside from the current price.
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Morgan Stanley rated Grindr Inc. ($GRND) "buy" with a $18 price target on July 1, 2026.
Since the rating, $GRND is up 2.1% after 1 week, up 10.5% after 1 month and down 10.2% to date (from the $15.69 close on Jul 1, 2026).
GRND
Grindr Inc.
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.
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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
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Grindr Inc. Stock Down 4.8%
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
Grindr Inc. daily closes and this analyst's $18 target. Not 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.
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Source: Morgan Stanley's rating change on $GRND (Jul 1, 2026). Written by software, not financial advice. How we make alerts