Goldman Sachs expects Nvidia ’beat and raise,’ lifts price target to $240
Grindr stock has reached a new 52-week low, touching $12.22, with the current price at $11.83 as the company navigates a challenging market environment. According to InvestingPro data, the RSI suggests the stock is in oversold territory, while analysts maintain price targets between $20-26. The stock has experienced a steeper YTD decline of 30.83%, despite showing strong revenue growth of 28.35% and maintaining healthy liquidity with a current ratio of 2.48. This new low marks a significant point for the company as it aims to stabilize and potentially rebound in the coming months. Investors will be closely watching Grindr’s strategic moves and market conditions that could influence future performance. InvestingPro analysis suggests the stock is currently trading below its Fair Value, with 12 additional ProTips available to subscribers.
In other recent news, Grindr Inc. reported its second-quarter results for 2025, showing revenues of $104 million, slightly below the projected $105.11 million. Earnings per share also missed expectations, coming in at $0.10 compared to a forecast of $0.11. Despite these misses, Grindr maintained its full-year revenue guidance of at least 26% year-over-year growth. In response to the earnings report, JMP Securities lowered its price target for Grindr to $23.00, while Raymond James adjusted its target to $20.00, with both firms maintaining an Outperform rating. Additionally, Grindr disclosed that its largest shareholder, G. Raymond Zage, III, has surpassed 50% ownership following recent share repurchases. The board had previously authorized a stock repurchase program of up to $500 million. Meanwhile, Citizens JMP reiterated a Market Outperform rating for Meta Platforms Inc., setting a price target of $900.00, citing improved profitability from web checkout systems. These developments provide investors with key insights into the recent activities of Grindr and Meta.
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