ThredUp Inc. Share Price Target ‘$3.20’, now 392.3% Upside Potential

Broker Ratings
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ThredUp Inc. which can be found using ticker (TDUP) now have 5 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 $2.00 suggesting an average analyst share price target price of $3.20. (at the time of writing). Given that the stocks previous close was at $0.65 this would indicate that there is a potential upside of 392.3%. Also worth taking note is the 50 day moving average now sits at $1.80 and the 200 day moving average is $2.03. The market capitalization for the company is 71.16M. The stock price is currently at: $0.63 USD

The potential market cap would be $352,987,689 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 $2.98 and a -15.75% 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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