Expert Outlook: ThredUp Through The Eyes Of 4 Analysts
Portfolio Pulse from Benzinga Insights
Four analysts have recently updated their ratings and price targets for ThredUp (NASDAQ:TDUP), with mixed views. The average 12-month price target is now $3.75, down from $4.00, indicating a 6.25% decrease. Two analysts lowered their price targets to $3.00, while two maintained their ratings with targets of $5.00 and $4.00. ThredUp has shown strong revenue growth and net margin but lags in ROE and ROA. Its debt-to-equity ratio is below industry norms.
January 11, 2024 | 5:01 pm
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Analysts have mixed opinions on ThredUp, with a decreased average price target of $3.75. The company shows strong revenue growth but faces challenges in ROE and ROA.
The decrease in the average price target suggests that analysts are less optimistic about ThredUp's future stock performance. Despite strong revenue growth, the company's below-average ROE and ROA may concern investors, potentially leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100