ThredUp Inc. Share Price Target ‘$3.88’, now 107.5% Upside Potential

Broker Ratings
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ThredUp Inc. which can be found using ticker (TDUP) now have 8 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $5.00 and $3.00 suggesting an average analyst share price target price of $3.88. (at the time of writing). Now with the previous closing price of $1.87 this now indicates there is a potential upside of 107.5%. It’s also worth noting that there is a 50 day moving average of $2.05 and the 200 day moving average is $2.69. The market cap for the company is 207.87M. The current share price for the company is: $1.91 USD

The potential market cap would be $431,292,700 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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