ThredUp Inc. Share Price Target ‘$4.00’, now 145.4% Upside Potential

Broker Ratings
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ThredUp Inc. with ticker code (TDUP) have now 5 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 calculating the average target share price we see $4.00. (at the time of writing). Given that the stocks previous close was at $1.63 this would imply there is now a potential upside of 145.4%. It’s also worth noting that there is a 50 day moving average of $1.84 while the 200 day moving average is $2.25. The total market capitalization for the company now stands at 181.92M. The stock price for Affirm Holdings, Inc. is $1.65 USD

The potential market cap would be $446,435,337 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 $3.05 and a -15.85% 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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