ThredUp (TDUP) to Release Earnings on Monday

ThredUp (NASDAQ:TDUP - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Monday, May 5th. Analysts expect ThredUp to post earnings of ($0.07) per share and revenue of $67.54 million for the quarter.

ThredUp Price Performance

Shares of NASDAQ TDUP traded up $0.17 on Friday, hitting $4.42. The company's stock had a trading volume of 2,053,146 shares, compared to its average volume of 865,511. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.86. The company has a market capitalization of $513.58 million, a price-to-earnings ratio of -6.91 and a beta of 1.64. ThredUp has a 12-month low of $0.50 and a 12-month high of $4.58. The stock has a 50 day moving average of $2.97 and a 200-day moving average of $2.09.

Insider Activity at ThredUp

In other news, Director Patricia Nakache sold 420,711 shares of the firm's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $2.61, for a total transaction of $1,098,055.71. Following the transaction, the director now directly owns 250,956 shares of the company's stock, valued at approximately $654,995.16. This trade represents a 62.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 2,237,744 shares of company stock worth $6,243,897 in the last 90 days. 27.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On ThredUp

An institutional investor recently raised its position in ThredUp stock. Bank of America Corp DE lifted its stake in shares of ThredUp Inc. (NASDAQ:TDUP - Free Report) by 42.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 77,456 shares of the company's stock after acquiring an additional 23,156 shares during the quarter. Bank of America Corp DE owned about 0.07% of ThredUp worth $108,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 89.08% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TDUP. Telsey Advisory Group raised their price objective on ThredUp from $3.00 to $6.00 and gave the stock an "outperform" rating in a report on Monday, April 28th. Needham & Company LLC restated a "hold" rating on shares of ThredUp in a research note on Tuesday, March 4th. Finally, Wells Fargo & Company increased their price target on ThredUp from $3.00 to $6.00 and gave the company an "overweight" rating in a report on Wednesday.

ThredUp Company Profile

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.