Grindr Inc. ($GRND) shares rose by 7.0% in pre-market trading on January 24, 2025, following an optimistic revenue outlook. Analysts have noted that Grindr is expected to report a Q4 operating income between $33 million and $34 million, leading to an annualized figure of approximately $132 million. The company's enterprise value is reported at $3.2 billion, with a price-to-earnings ratio of 24, reflecting a growth rate of 30% and strong incremental margins. Additionally, Grindr's stock has appreciated by 200% over the past 15 months, despite a notable short interest of 28%. Market sentiment remains positive as some analysts believe the stock could reach $25.