
thredUP (TDUP) Stock Forecast & Price Target
thredUP (TDUP) Analyst Ratings
Bulls say
ThredUp Inc. demonstrated significant financial growth, with total revenue increasing by 33.6% to $82.2 million, surpassing both the upper end of the company's guidance and market consensus estimates. The company is experiencing a surge in orders and active buyers, which rose 37.2% and 25.6% year-over-year, respectively, underscoring strong demand and a robust customer base. Forward-looking projections indicate revenue expectations for FY25 have been raised to $307 million-$309 million, reflecting an upward trend in anticipated performance compared to prior guidance and consensus.
Bears say
ThredUp's gross margin outlook for the full year has been slightly adjusted to 79.0%-79.2%, reflecting a decline from the previous year's rate of 79.7%, signaling potential challenges in maintaining profitability. The company is also anticipating a significant slowdown in sales growth in the fourth quarter, projecting a mere 10% year-over-year increase compared to a robust 25% in the third quarter, which raises concerns regarding future revenue generation. Additionally, with operating expenses reaching 84.7% of sales, higher than expected, coupled with uncertainty from macroeconomic factors such as resuming student loan payments and rising grocery prices, ThredUp faces increased pressure on its financial performance.
This aggregate rating is based on analysts' research of thredUP and is not a guaranteed prediction by Public.com or investment advice.
thredUP (TDUP) Analyst Forecast & Price Prediction
Start investing in thredUP (TDUP)
Order type
Buy in
Order amount
Est. shares
0 shares