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TDUP

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.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 1:00 pm

IPGP

Analysts have recently updated their ratings and price targets for IPG Photonics (NASDAQ:IPGP), showing a mix of bullish and bearish sentiments. The average 12-month price target is now $92.25, a decrease from the previous $117.00. This reflects a more cautious outlook on the company's financial performance, which has seen a revenue decline of -10.39% over the past three months. Despite this, IPG Photonics maintains a strong market position with a high net margin of 13.86% and an impressive return on equity (ROE) of 1.73%.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 1:00 pm

OPXS

Optex Systems has received a $1.5 million order for optical assemblies to support an Enhanced Night Vision Goggle Binocular program. This order highlights the company's role in providing critical components for advanced vision systems used in defense applications.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 1:00 pm

ALCE

Alternus Clean Energy (ALCE) has entered into an agreement with a US hedge fund to acquire an 80 MWp operating portfolio, which is anticipated to generate $6.7 million in annual revenue. This strategic move is expected to significantly enhance ALCE's asset base and revenue stream, marking a pivotal development in its growth trajectory.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:59 pm

INCR

InterCure reported its full-year 2023 revenue at NIS 356 million.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:55 pm

EJH

E-Home Household Services reported a half-year revenue of $26.95 million for the six months ended December 31.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:54 pm

ONDS

Ondas Holdings, through its subsidiary Airobotics, has secured a service agreement for additional Optimus drone systems from a local government entity in Dubai. This agreement marks a significant expansion of Airobotics' operations in the region, showcasing the growing demand for drone technology solutions in governmental operations.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:53 pm

LCFY

Locafy reported a decrease in its Q3 2024 operating revenue to AUD2.9M from AUD4.1M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:50 pm

EL

Estee Lauder Companies Inc (NYSE:EL) shares fell after releasing Q3 FY24 results, despite beating sales and EPS estimates. The company reported a 5% sales growth to $3.94 billion and an adjusted EPS of $0.97, surpassing consensus estimates. Sales growth was driven by strong performance in Europe, the Middle East & Africa, and Asia travel retail. However, the company revised its FY24 EPS outlook to $2.14-$2.24, slightly below consensus, and expects a 3%-2% decline in reported sales. For Q4, it anticipates adjusted EPS of $0.18-$0.28, significantly below the consensus of $0.76, with reported net sales growth of 5%-9%.

Portfolio Pulse from Shivani Kumaresan

May 01, 2024 | 12:45 pm

PALI

SBUX

TGTX

TG Therapeutics shares surged 31% after beating Q1 revenue forecasts and raising its 2024 Briumvi US net product revenue outlook. Starbucks shares fell 13% due to disappointing Q2 earnings. Palisade Bio shares jumped 64% following the completion of its analysis on the effects of PALI-2108.

Portfolio Pulse from ryanfaloona@benzinga.com

May 01, 2024 | 12:44 pm