ThredUp (TDUP) Projected to Post Earnings on Monday

ThredUp (NASDAQ:TDUP) is anticipated to release its Q2 2025 earnings data after the market closes on Monday, August 4th. Analysts expect ThredUp to post earnings of ($0.06) per share and revenue of $73.08 million for the quarter. ThredUp has set its FY 2025 guidance at EPS and its Q2 2025 guidance at EPS.

ThredUp (NASDAQ:TDUP) last posted its quarterly earnings data on Monday, May 5th. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.03. The business had revenue of $71.29 million during the quarter, compared to analysts’ expectations of $67.54 million. ThredUp had a negative return on equity of 77.03% and a negative net margin of 22.41%. On average, analysts expect ThredUp to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ThredUp Stock Up 2.5%

ThredUp stock opened at $8.47 on Friday. The stock has a market capitalization of $1.00 billion, a PE ratio of -14.60 and a beta of 1.73. ThredUp has a 12 month low of $0.50 and a 12 month high of $8.74. The business has a 50 day simple moving average of $7.64 and a 200-day simple moving average of $4.85. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.92 and a quick ratio of 0.92.

Analyst Ratings Changes

A number of brokerages have commented on TDUP. Telsey Advisory Group increased their target price on ThredUp from $7.00 to $9.00 and gave the company an “outperform” rating in a report on Tuesday. Northland Capmk raised ThredUp to a “strong-buy” rating in a report on Monday, July 21st. Wells Fargo & Company reissued an “overweight” rating and set a $7.50 target price (up previously from $6.00) on shares of ThredUp in a report on Tuesday, May 6th. Wall Street Zen raised ThredUp from a “hold” rating to a “buy” rating in a report on Saturday, June 7th. Finally, Northland Securities began coverage on ThredUp in a report on Monday, July 21st. They set an “outperform” rating and a $9.00 target price for the company. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $8.50.

Institutional Investors Weigh In On ThredUp

A number of large investors have recently made changes to their positions in TDUP. Bank of America Corp DE grew its position in shares of ThredUp by 42.6% in the fourth quarter. Bank of America Corp DE now owns 77,456 shares of the company’s stock valued at $108,000 after purchasing an additional 23,156 shares in the last quarter. Cubist Systematic Strategies LLC grew its position in shares of ThredUp by 7.6% in the first quarter. Cubist Systematic Strategies LLC now owns 37,516 shares of the company’s stock valued at $90,000 after purchasing an additional 2,659 shares in the last quarter. AQR Capital Management LLC grew its position in shares of ThredUp by 185.9% in the first quarter. AQR Capital Management LLC now owns 94,652 shares of the company’s stock valued at $228,000 after purchasing an additional 61,547 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of ThredUp by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,705 shares of the company’s stock valued at $115,000 after purchasing an additional 2,034 shares in the last quarter. Finally, Jane Street Group LLC grew its position in shares of ThredUp by 39.2% in the first quarter. Jane Street Group LLC now owns 92,376 shares of the company’s stock valued at $223,000 after purchasing an additional 25,995 shares in the last quarter. 89.08% of the stock is currently owned by hedge funds and other institutional investors.

About ThredUp

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