Is GRND a good stock to buy?
We came across a bearish thesis on Grindr Inc. on Valueinvestorsclub.com by pengiuin253
In this article, we will summarize the bears’ thesis on GRND. Grindr Inc.’s share was trading at $13.35 as of June 18th. GRND’s trailing P/E was 29.02 according to Yahoo Finance.
Mila Supinskaya Glashchenko/ Grindr Inc. operates a social networking and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide. GRND is presented as a high-growth advertising and subscription platform, but the short thesis argues its fundamentals are deteriorating beneath overstated monetization narratives. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential The company trades at $12.29 with a target price of $7.38 over a 24-month horizon, implying a 23% IRR on the short. Since 2024, reported ad revenue growth of 180% and 30% YoY in Q4 2025 is argued to be driven by inflated ad load rather than sustainable CPM strength, with evidence suggesting CPM compression exceeding 50% in key regions as lower-quality advertisers replace premium demand.