Grindr Inc. (NYSE:GRND) is one of the best falling stocks to buy, according to Wall Street analysts. On November 25, John Blackledge reiterated a Buy rating on Grindr, citing confidence in its valuation after the special committee rejected a $18-per-share take-private offer. He highlighted strong investor backing, with major shareholders considering new financing and Raymond Zage willing to add equity. Despite James Lu’s recent share sale, the rejection of the low bid and continued stakeholder support signal confidence in Grindr’s long-term growth, reinforcing the bullish outlook.
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A day earlier on November 24, the company confirmed it will not be going private as part of a $3.46 billion deal by two of its largest shareholders. The private deal fell through due to financing issues after Ray Zage and James Lu failed to provide key information on the timing and financing of the $3.46 million transaction. The special committee tasked with overseeing the transactions says the shareholders who control about 60% of the outstanding stock did not provide satisfactory information about definitive financing.
“The move doesn’t really change too much in terms of Grindr’s growth strategy as they remain the premier dating app among the LGBTQ community with strong network effect,” said Chandler Willison, analyst at MScience.
Grindr continues to dominate the dating space despite facing stiff competition from rivals Match and Bumble. Likewise, it is on course to deliver sustained value to shareholders, having reiterated its full-year guidance that shows revenue growth of about 26%.
Earlier on November 10, Citizens lowered its price target on Grindr to $21 from $23 but kept a Market Outperform rating following a stronger-than-expected third quarter, where revenue came in 2% above estimates and EBITDA topped expectations by 11%. The firm pointed to updated EBITDA forecasts as Grindr ramps up product investment, while highlighting the company’s continued leadership in its category, nearly 29% year-over-year revenue growth, and future upside from a planned premium AI offering in 2026–2027. Although near-term volatility and softer user trends remain a concern, Citizens still expects the company to deliver more than 20% growth in 2026–2027, and analysts anticipate Grindr will turn profitable this year with projected EPS of $0.51.
Grindr Inc. (NYSE:GRND) operates and manages the popular social networking platform Grindr, which is designed for gay, bisexual, and queer adults to connect. The company focuses on location-based features for dating, relationships, and community building, and it also develops new products and services for its user base.