Grindr's Stock (GRND) Plummets After $3.46 Billion Take-Private Agreement Collapses
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 24 2025
0mins
Source: TipRanks
Grindr's Acquisition Talks End: Grindr's shares fell 14% after the company announced it terminated acquisition discussions with its major stakeholders, who aimed to take the app private for $3.46 billion due to financing uncertainties.
Investor Background: The investors, James Lu and Raymond Zage, own over 60% of Grindr and had previously acquired the company in 2020 for $608 million, later taking it public in 2022 through a SPAC merger valued at $2.1 billion.
Financial Performance: Despite the acquisition talks ending, Grindr reported strong third-quarter earnings, contrasting with struggles faced by competitors like Bumble, and the Special Committee expressed confidence in the company's long-term value creation.
Analyst Ratings: Grindr's shares maintain a Strong Buy consensus rating from analysts, with an average price target of $22 indicating a potential 77% upside, although the stock has dropped over 30% year-to-date.
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Analyst Views on GRND
Wall Street analysts forecast GRND stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GRND is 22.00 USD with a low forecast of 20.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 11.580
Low
20.00
Averages
22.00
High
26.00
Current: 11.580
Low
20.00
Averages
22.00
High
26.00
About GRND
Grindr Inc. manages and operates the Grindr platform, which a global social networking platform primarily serving and addressing the needs of gay, bisexual, and sexually explorative adults. The Company is developing new products for users to engage with the Grindr platform, which include new partnership-based digital versions of services typically found in physical gayborhoods. Its platform enables GBTQ adults to connect with one another. Its platform helps its users find what they are looking for: casual dating, long-term relationships, community and friendships, professional networking, travel information and local discovery. The Grindr platform offers a variety of location-based social features and functions, including identity expression (profile, photos, presence); connection (search, filters, the Cascade, Viewed Me); and interaction (chat, media sharing); with trust and safety tools across the experience, and subscriptions for premium features offering further access and control.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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