Decoding 4 Analyst Evaluations For ThredUp
Portfolio Pulse from Benzinga Insights
ThredUp (NASDAQ:TDUP) received mixed analyst ratings over the past three months, with a recent shift towards a more bullish outlook. The average 12-month price target for TDUP has been raised to $4.25, indicating a 6.25% increase from the previous target. Analysts from Telsey Advisory Group, Wedbush, and Needham maintain positive ratings, with price targets ranging from $4.00 to $5.00. ThredUp's financial performance shows a 14.13% revenue growth rate and a net margin of -17.95%, with a notable ROE of -13.69% and an ROA of -5.67%. The company's debt-to-equity ratio is 0.74, below industry norms.
May 01, 2024 | 1:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
ThredUp has seen a positive shift in analyst ratings with an updated average price target of $4.25, reflecting a bullish sentiment. The company's financial performance indicates strong revenue growth and effective equity utilization despite a negative net margin.
The increase in the average price target and positive ratings from analysts suggest a bullish outlook for ThredUp in the short term. The company's strong revenue growth and ROE are likely to positively influence investor sentiment, despite concerns over its net margin and ROA. The detailed analysis by analysts from reputable firms further supports the potential for stock price appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100