
thredUP (TDUP) Stock Forecast & Price Target
thredUP (TDUP) Analyst Ratings
Bulls say
ThredUp Inc has demonstrated considerable growth potential, highlighted by a 32% year-over-year increase in customer volume and a 7% rise in gross merchandise value (GMV) in the third quarter. The company's gross margin is projected to improve significantly, with expectations for Q4 gross margins between 75.9% and 76.1%, indicating strong operational efficiency. Additionally, the anticipated revenue growth trajectory has been adjusted upward, with first-quarter revenue expected to rise between 5%-8%, complementing stronger customer acquisition trends and improved metrics in repeat purchase rates and overall customer lifetime value.
Bears say
ThredUp Inc. is experiencing significant financial challenges, with management guiding for a margin of 77.0%-79.0%, which is below last year's margin of 79.7%. Revenue projections indicate a decline of 17.5% year-over-year, expecting total revenues of $67.2 million, alongside high fixed costs contributing to a breakeven adjusted EBITDA scenario. Additionally, a drastic 55.8% year-over-year decline in product revenue to $2.7 million highlights the ongoing difficulties the company faces amid unfavorable market conditions.
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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