
thredUP (TDUP) Stock Forecast & Price Target
thredUP (TDUP) Analyst Ratings
Bulls say
ThredUp Inc reported a significant total revenue growth of 33.6% to $82.2 million, surpassing both its guidance and market expectations, driven by a notable increase in orders and active buyers. The company achieved its strongest month of new customer acquisition in October, with an 81% increase attributed to low acquisition costs and enhanced AI-driven experiences. Looking ahead, ThredUp anticipates an increase in FY25 revenues to between $307 million and $309 million, reflecting continued positive momentum and a healthier growth base from its streamlined domestic model.
Bears say
ThredUp Inc. has narrowed its full-year gross margin outlook to 79.0%-79.2%, reflecting a decline from the previous year's rate of 79.7% while still underperforming relative to market expectations. A significant deceleration in sales growth is anticipated, with a projected increase of only approximately 10% year-over-year in Q4, down from around 25% in Q3, indicating potential challenges in sustaining revenue momentum. Additionally, a rise in operating expenses to 84.7% of sales raises concerns amid an uncertain macroeconomic environment characterized by mixed labor market data, weaker housing trends, and heightened competition expected during the holiday season.
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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