
thredUP (TDUP) Stock Forecast & Price Target
thredUP (TDUP) Analyst Ratings
Bulls say
ThredUp Inc. has demonstrated significant growth, with a 32% year-over-year increase in customer volume and a 7% rise in Gross Merchandise Value (GMV) for Q3. The company's projected gross margin for Q4 2024 shows an improvement, expected to range between 75.9% and 76.1%, indicating enhanced profitability. Additionally, management's indication of strong revenue growth in Q1, driven by a notable increase in active buyer metrics and impressive repeat purchase rates, further supports a positive financial outlook for the company.
Bears say
ThredUp Inc. is facing significant financial challenges, as management has guided to a decline in margins, projecting a range of 77.0%-79.0%, down from 79.7% the previous year, which falls below consensus expectations. Revenue projections indicate a steep decline, with anticipated total revenues of $67.2 million for the upcoming period, representing a 17.5% decrease from $81.4 million last year, and even lower than the market's consensus estimate. Additionally, despite an expectation of improved sequential sales decline rates, overarching pressures from both macroeconomic factors and the company’s performance suggest a continued negative trend in revenue generation and overall profitability.
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
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