ThredUp (NASDAQ:TDUP) Stock Price Expected to Rise, Telsey Advisory Group Analyst Says

ThredUp (NASDAQ:TDUP - Free Report) had its target price boosted by Telsey Advisory Group from $6.00 to $7.00 in a report issued on Tuesday morning, Marketbeat Ratings reports. They currently have an outperform rating on the stock. Telsey Advisory Group also issued estimates for ThredUp's Q2 2025 earnings at ($0.07) EPS, Q3 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.07) EPS, FY2025 earnings at ($0.29) EPS and FY2026 earnings at ($0.28) EPS.

A number of other analysts also recently issued reports on TDUP. Needham & Company LLC reaffirmed a "hold" rating on shares of ThredUp in a report on Tuesday, March 4th. Wells Fargo & Company lifted their price target on ThredUp from $3.00 to $6.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 30th.

ThredUp Price Performance

NASDAQ:TDUP traded down $0.14 during trading hours on Tuesday, hitting $6.23. 3,796,087 shares of the company's stock traded hands, compared to its average volume of 1,009,074. The firm has a market cap of $723.89 million, a P/E ratio of -9.73 and a beta of 1.51. The company has a quick ratio of 0.86, a current ratio of 0.96 and a debt-to-equity ratio of 0.28. The business's fifty day simple moving average is $3.33 and its two-hundred day simple moving average is $2.27. ThredUp has a 52 week low of $0.50 and a 52 week high of $6.56.

ThredUp (NASDAQ:TDUP - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.07) by $0.03. The firm had revenue of $71.29 million during the quarter, compared to the consensus estimate of $67.54 million. ThredUp had a negative return on equity of 78.74% and a negative net margin of 22.16%. On average, research analysts anticipate that ThredUp will post -0.56 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Patricia Nakache sold 35,098 shares of the stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $2.69, for a total transaction of $94,413.62. Following the completion of the sale, the director now directly owns 250,956 shares in the company, valued at $675,071.64. This represents a 12.27 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In the last 90 days, insiders sold 1,317,487 shares of company stock valued at $3,992,948. Corporate insiders own 27.00% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Victory Capital Management Inc. bought a new stake in ThredUp during the 1st quarter valued at approximately $25,000. CHICAGO TRUST Co NA bought a new stake in shares of ThredUp during the first quarter valued at approximately $30,000. ProShare Advisors LLC boosted its position in shares of ThredUp by 49.0% during the fourth quarter. ProShare Advisors LLC now owns 22,150 shares of the company's stock valued at $31,000 after purchasing an additional 7,287 shares in the last quarter. Skandinaviska Enskilda Banken AB publ grew its stake in ThredUp by 15.9% in the first quarter. Skandinaviska Enskilda Banken AB publ now owns 23,914 shares of the company's stock worth $58,000 after purchasing an additional 3,285 shares during the period. Finally, Virtu Financial LLC bought a new position in ThredUp in the fourth quarter worth $33,000. Hedge funds and other institutional investors own 89.08% of the company's stock.

About ThredUp

ThredUp Inc, together with its subsidiaries, operates an online resale platform in the United States and internationally. Its platform enables consumers to buy and sell primarily secondhand apparel, shoes, and accessories. ThredUp Inc was incorporated in 2009 and is headquartered in Oakland, California.