ThredUp Inc. – Consensus ‘buy’ rating and 114.9% Upside Potential

Broker Ratings
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ThredUp Inc. which can be found using ticker (TDUP) have now 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $5.00 and $3.00 suggesting an average Analsyt target price of $4.17. Now with the previous closing price of $1.94 and the analysts are correct then we can expect a percentage increase in value of 114.9%. It’s also worth noting that there is a 50 day moving average of $2.03 and the 200 moving average now moves to $2.68. The market capitalization for the company is 210.04M. The stock price is currently at: $1.93 USD

The potential market cap would be $451,481,790 based on the market consensus.

The company has a dividend yield of 2.35%. Other points of data to note are a P/E ratio of -, revenue per share of $3.07 and a -16.27% return on assets.

ThredUp Inc. is an online resale platform for women’s and kids’ apparel, shoes and accessories. The Company’s marketplace enables buyers to browse and purchase resale items primarily women’s and kids’ apparel, shoes and accessories across a range of price points. The Company has various departments, including women, kids, juniors, designer, maternity, plus, shoes, handbags and accessories. The Company’s custom-built operating platform consists of distributed processing infrastructure, software and systems and data science knowledge. The Company has processed over 137 million various secondhand items from approximately 55,000 brands across 100 categories. The Company operates distribution centers across the United States and Europe. The Company’s subsidiaries include ThredUp Intermediary Holdings LLC, Knitwit GC LLC and Remix Global EAD.

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