NASDAQ:TDUP

ThredUp (TDUP) Stock Forecast, Price & News

$3.79

-0.22 (-5.49%)

(As of 10/2/2023 ET)

Compare

Today's Range: $3.75
▼
$4.07
50-Day Range: $3.04
▼
$4.20
52-Week Range: $0.73
▼
$4.39

Volume: 646,889 shs
Average Volume: 1.02 million shs
Market Capitalization: $399.73 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.88

ThredUp MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 2.2% Upside
$3.88 Price Target
Short Interest: Bearish
10.19% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$1.80 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.66) to ($0.42) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.46 out of 5 stars

Consumer Cyclical Sector

6th out of 8 stocks

Internet Retail Industry

1st out of 1 stocks

1.3

Analyst's Opinion

Consensus Rating
ThredUp has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.88, ThredUp has a forecasted upside of 2.2% from its current price of $3.79.
Amount of Analyst Coverage
ThredUp has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
10.19% of the float of ThredUp has been sold short.
Short Interest Ratio / Days to Cover
ThredUp has a short interest ratio ("days to cover") of 10.6, which indicates bearish sentiment.
Change versus previous month
Short interest in ThredUp has recently decreased by 5.53%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
ThredUp does not currently pay a dividend.
Dividend Growth
ThredUp does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TDUP.

2.7

News and Social Media Coverage

News Sentiment
ThredUp has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 1 news article for ThredUp this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for TDUP on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
13 people have added ThredUp to their MarketBeat watchlist in the last 30 days. This is an increase of 550% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ThredUp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,797,937.00 in company stock.
Percentage Held by Insiders
38.68% of the stock of ThredUp is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
58.60% of the stock of ThredUp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for ThredUp are expected to grow in the coming year, from ($0.66) to ($0.42) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ThredUp is -4.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of ThredUp is -4.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
ThredUp has a P/B Ratio of 2.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About ThredUp (NASDAQ:TDUP) Stock

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 women's and kids' apparel, shoes, and accessories. ThredUp Inc. was incorporated in 2009 and is headquartered in Oakland, California.

TDUP Price History

30 days | 90 days | 365 days | Advanced Chart

TDUP Stock News Headlines

September 19, 2023 | msn.com

ThredUp: Consider Consumer Segment Focus And Profitability Target

August 11, 2023 | msn.com

Goldman Sachs Maintains ThredUp Inc - (TDUP) Neutral Recommendation

October 2, 2023 | Porter and Company (Ad)

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August 11, 2023 | msn.com

Morgan Stanley Maintains ThredUp Inc - (TDUP) Equal-Weight Recommendation

August 9, 2023 | finance.yahoo.com

Why ThredUP Stock Jumped Today

August 9, 2023 | markets.businessinsider.com

Barclays Gives a Buy Rating to thredUP (TDUP)

August 9, 2023 | markets.businessinsider.com

Piper Sandler Sticks to Its Hold Rating for thredUP (TDUP)

August 8, 2023 | finance.yahoo.com

thredUP Announces Second Quarter 2023 Results

October 2, 2023 | Chaikin Analytics (Ad)

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August 1, 2023 | benzinga.com

ThredUp Recent Insider Activity

August 1, 2023 | benzinga.com

ThredUp 10% Owner Sold $173K In Company Stock

August 1, 2023 | markets.businessinsider.com

What 7 Analyst Ratings Have To Say About ThredUp

July 27, 2023 | benzinga.com

10% Owner At This Consumer Discretionary Company Sells $50K of Stock

July 27, 2023 | benzinga.com

ThredUp Director Trades $50K In Company Stock

July 16, 2023 | finance.yahoo.com

ThredUp (NASDAQ:TDUP) shareholders have earned a 31% return over the last year

July 13, 2023 | msn.com

ThredUp: Growth Levers In Place

July 11, 2023 | finance.yahoo.com

thredUP to Report Second Quarter 2023 Financial Results on August 8, 2023

June 27, 2023 | fool.com

ThredUp (NASDAQ: TDUP)

June 26, 2023 | msn.com

ThredUp: Nearing EBITDA Inflection, Initiate At Buy

May 24, 2023 | finance.yahoo.com

thredUP to Participate in William Blair Conference

May 12, 2023 | msn.com

Wells Fargo Maintains ThredUp Inc. (TDUP) Overweight Recommendation

May 12, 2023 | msn.com

Wedbush Maintains ThredUp Inc. (TDUP) Outperform Recommendation

May 11, 2023 | msn.com

Goldman Sachs Maintains ThredUp Inc. (TDUP) Neutral Recommendation

May 11, 2023 | msn.com

ThredUp to list on alternative stock exchange: 'We're here to make a difference,' CEO says

May 10, 2023 | finanznachrichten.de

ThredUp Inc.: thredUP Announces First Quarter 2023 Results

May 10, 2023 | seekingalpha.com

ThredUp Q1 results beat estimates, co raises FY 2023 revenue guidance

May 10, 2023 | yahoo.com

thredUP Announces First Quarter 2023 Results

See More Headlines

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TDUP Company Calendar

Last Earnings: 8/08/2023
Today: 10/02/2023
Next Earnings (Estimated): 11/13/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Internet Retail
Sub-Industry: N/A
Sector: Consumer Cyclical
Current Symbol: NASDAQ:TDUP
CUSIP: N/A
CIK: 1484778
Web: www.thredup.com
Phone: 415-402-5202
Fax: N/A
Employees: 2,416
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.88
High Stock Price Forecast: $5.00
Low Stock Price Forecast: $3.00
Forecasted Upside/Downside: +2.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.80)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-92,280,000.00
Net Margins: -27.44%
Pretax Margin: -27.43%
Return on Equity: -60.39%
Return on Assets: -27.41%

Debt

Debt-to-Equity Ratio: 0.20
Current Ratio: 1.35
Quick Ratio: 1.09

Sales & Book Value

Annual Sales: $288.38 million
Price / Sales: 1.39
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.38 per share
Price / Book: 2.75

Miscellaneous

Outstanding Shares: 105,470,000
Free Float: 64,674,000
Market Cap: $399.73 million
Optionable: Not Optionable
Beta: 0.95

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Key Executives

Mr. James G. Reinhart (Age 44)
Co-Founder, CEO & Director
Comp: $833.8k

Mr. Anthony S. Marino (Age 49)
Pres
Comp: $580.37k

Mr. Christopher Homer (Age 39)
Co-Founder & COO
Comp: $638.9k

Mr. Graden Sean Sobers (Age 54)
Chief Financial Officer

Ms. Lauren Marie Frasch
Sr. Director of Investor Relations & Strategic Fin.

Mr. Alon Rotem (Age 43)
Chief Legal Officer & Sec.

Ms. Noelle Sadler
Chief Marketing Officer

Ms. Natalie Breece (Age 37)
Chief People & Diversity Officer

Mr. Daniel Demeyere (Age 36)
Head of International

Mr. Alexis Ghorai (Age 55)
Sr. VP of Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TDUP Stock - Frequently Asked Questions

Should I buy or sell ThredUp stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ThredUp in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TDUP shares.
View TDUP analyst ratings or view top-rated stocks.
What is ThredUp's stock price forecast for 2023?: 7 equities research analysts have issued twelve-month price targets for ThredUp's shares. Their TDUP share price forecasts range from $3.00 to $5.00. On average, they expect the company's share price to reach $3.88 in the next year. This suggests a possible upside of 2.2% from the stock's current price.
View analysts price targets for TDUP or view top-rated stocks among Wall Street analysts.
How have TDUP shares performed in 2023?: ThredUp's stock was trading at $1.31 on January 1st, 2023. Since then, TDUP shares have increased by 189.3% and is now trading at $3.79.
View the best growth stocks for 2023 here.
When is ThredUp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our TDUP earnings forecast.
How were ThredUp's earnings last quarter?: ThredUp Inc. (NASDAQ:TDUP) issued its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.18) earnings per share for the quarter, beating analysts' consensus estimates of ($0.23) by $0.05. The firm earned $82.66 million during the quarter, compared to the consensus estimate of $81.21 million. ThredUp had a negative net margin of 27.44% and a negative trailing twelve-month return on equity of 60.39%.
What guidance has ThredUp issued on next quarter's earnings?: ThredUp issued an update on its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $82.00 million-$84.00 million, compared to the consensus revenue estimate of $82.67 million.

When did ThredUp IPO?: (TDUP) raised $156 million in an IPO on Friday, March 26th 2021. The company issued 12,000,000 shares at a price of $12.00-$14.00 per share. Goldman Sachs, Morgan Stanley, Barclays, William Blair and Wells Fargo Securities served as the underwriters for the IPO and KeyBanc Capital Markets, Needham & Co., Piper Sandler and Telsey Advisory Group were co-managers.
What is ThredUp's stock symbol?: ThredUp trades on the NASDAQ under the ticker symbol "TDUP."
How do I buy shares of ThredUp?: Shares of TDUP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is ThredUp's stock price today?: One share of TDUP stock can currently be purchased for approximately $3.79.
How much money does ThredUp make?: ThredUp (NASDAQ:TDUP) has a market capitalization of $399.73 million and generates $288.38 million in revenue each year. The company earns $-92,280,000.00 in net income (profit) each year or ($0.80) on an earnings per share basis.
How many employees does ThredUp have?: The company employs 2,416 workers across the globe.
How can I contact ThredUp?: ThredUp's mailing address is 969 BROADWAY SUITE 200, OAKLAND CA, 94607. The official website for the company is www.thredup.com. The company can be reached via phone at 415-402-5202 or via email at ir@thredup.com.

This page (NASDAQ:TDUP) was last updated on 10/2/2023 by MarketBeat.com Staff

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