Analyst Scoreboard: 4 Ratings For ThredUp
Portfolio Pulse from Benzinga Insights
In the past three months, 4 analysts have provided ratings for ThredUp (NASDAQ:TDUP), ranging from bullish to bearish. The average 12-month price target has decreased by 12.5% to $3.5. Analysts have maintained or lowered their ratings, with price targets between $3.00 and $5.00. ThredUp has shown revenue growth but struggles with profitability and returns.
July 31, 2024 | 12:00 pm
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ThredUp has received mixed analyst ratings over the past three months, with an average price target decrease of 12.5% to $3.5. Analysts have maintained or lowered their ratings, indicating cautious sentiment. Despite strong revenue growth, the company faces challenges in profitability and returns.
The mixed analyst ratings and the decrease in the average price target suggest cautious sentiment towards ThredUp. While the company has shown strong revenue growth, its profitability and returns are below industry standards, which may limit short-term stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100