Analysts Offer Predictions for ThredUp FY2027 Earnings

Key Points

• Northland Securities forecasts ThredUp’s FY2027 EPS at a loss of $0.11, better than the current consensus estimate of a $0.17 loss per share.
• ThredUp’s latest quarter fell short on earnings, reporting a $0.05-per-share loss versus the expected $0.03 loss, although revenue of $90.77 million slightly exceeded estimates.
• Analyst sentiment remains mixed but leans positive, with a “Moderate Buy” consensus, an average price target of $6.55, and four Buy ratings versus one Sell rating; shares opened at $2.12, near their one-year low.

ThredUp Inc. (NASDAQ:TDUP - Free Report) - Investment analysts at Northland Securities issued their FY2027 earnings estimates for shares of ThredUp in a research note issued to investors on Wednesday, September 30th. Northland Securities analyst B. Brooks anticipates that the company will post earnings per share of ($0.11) for the year. The consensus estimate for ThredUp's current full-year earnings is ($0.17) per share.

ThredUp (NASDAQ:TDUP - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.02). ThredUp had a negative net margin of 6.65% and a negative return on equity of 37.30%. The firm had revenue of $90.77 million during the quarter, compared to analysts' expectations of $90.34 million.

Several other research analysts also recently weighed in on TDUP. Roth Capital reiterated a "buy" rating and set a $6.50 price target on shares of ThredUp in a research note on Thursday, August 6th. Telsey Advisory Group lowered their price objective on ThredUp from $7.00 to $6.00 and set an "outperform" rating on the stock in a research note on Thursday, August 6th. Finally, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of ThredUp in a report on Monday, September 21st. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, ThredUp presently has an average rating of "Moderate Buy" and an average target price of $6.55.

ThredUp Stock Performance

Shares of TDUP opened at $2.12 on Thursday. The firm has a market cap of $278.42 million, a PE ratio of -12.47 and a beta of 1.97. The stock's fifty day moving average price is $3.33 and its two-hundred day moving average price is $4.30. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.99 and a quick ratio of 0.99. ThredUp has a 1 year low of $2.11 and a 1 year high of $10.00.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TDUP. CI Investments Inc. purchased a new stake in ThredUp in the first quarter worth approximately $5,937,000. Readystate Asset Management LP raised its stake in shares of ThredUp by 197.4% during the second quarter. Readystate Asset Management LP now owns 1,508,736 shares of the company's stock worth $10,335,000 after acquiring an additional 1,001,482 shares in the last quarter. Zweig DiMenna Associates LLC raised its stake in shares of ThredUp by 170.1% during the first quarter. Zweig DiMenna Associates LLC now owns 1,454,500 shares of the company's stock worth $4,771,000 after acquiring an additional 916,000 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of ThredUp by 19.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,965,484 shares of the company's stock worth $9,727,000 after acquiring an additional 473,907 shares during the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of ThredUp in the 1st quarter valued at $1,338,000. Hedge funds and other institutional investors own 89.08% of the company's stock.

Insiders Place Their Bets

In other news, COO Christopher Homer sold 60,230 shares of the firm's stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $2.58, for a total value of $155,393.40. Following the completion of the transaction, the chief operating officer directly owned 1,363,358 shares of the company's stock, valued at $3,517,463.64. This trade represents a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Sean Sobers sold 44,559 shares of ThredUp stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $2.58, for a total value of $114,962.22. Following the completion of the transaction, the chief financial officer owned 613,503 shares of the company's stock, valued at approximately $1,582,837.74. This trade represents a 6.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 23.10% of the stock is owned by company insiders.

ThredUp Company Profile

ThredUp Inc operates an online resale platform for secondhand clothing, shoes and accessories. Through its marketplace, consumers can buy pre-owned merchandise and list unwanted items for resale. The company handles much of the resale process, including receiving, inspecting, photographing, pricing and fulfilling orders for eligible products.

ThredUp also provides branded resale programs for retailers and apparel companies. These services enable brands to offer customers options such as clothing resale, trade-in and take-back programs through customized digital experiences powered by ThredUp's infrastructure.

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