Goldman Goes Limp Over Grindr User Slowdown
Second-quarter earnings season is in full swing this week. Ahead of earnings reports from dating app companies, Goldman analysts went limp on Grindr, the LGBTQ-focused dating app, maintaining a “Buy” rating while slashing their 12-month price target.
“Grindr user trends have continued to slow in recent months,” analysts Eric Sheridan and Julia Fein-Ashley wrote in a note to clients on Tuesday.
The analysts lowered their price target on Grindr (GRND) to $24 from $26 but maintained a Buy rating, citing confidence in the dating app’s long-term secular growth story, high margins, and strong revenue compounding dynamics. However, they noted that the near-term focus has shifted to concerns about waning user growth, particularly regarding increasing ad loads and a degraded app experience.
“While there has been a number of ads on the app that target the end user base, user commentary around advertisements leads us to believe that the ads are detracting from the core user experience and resulting in some user friction dynamics,” they said.
The analysts pointed out, “We believe that Grindr users churn at a higher rate relative to social media apps.”
Next, the analysts cited data from intelligence firm HundredX showing that the consumer sentiment metric “Net Usage Intent” peaked in late 2024 and has been declining ever since. This forward-looking indicator, commonly used to gauge user momentum and brand health, suggests that app users are pulling out of the platform.
Download app trends for the overall dating app space appear negative.
Based on third-party user data trends, the analysts decided to lower Grindr’s 12-month price target to $24 from a previous level of $26.
Ahead of Grindr’s earnings, expected after hours on August 18, the analysts outlined their estimates in comparison to consensus expectations.
. . .
Tyler Durden Wed, 07/23/2025 – 09:05
Source: https://freedombunker.com/2025/07/23/goldman-goes-limp-over-grindr-user-slowdown/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,711,980,751 |
| Stories: | 8,459,001 |
Whistler Blowers, Insiders
