Streetbeat News

TDUP

ThredUp Inc.

https://www.thredup.com

Industry

Specialty Retail

ThredUp Inc., together with its subsidiaries, operates online resale platforms that allows consumers to buy and sell secondhand women's and kids' apparel, shoes, and accessories. ThredUp Inc. was incorporated in 2009 and is headquartered in Oakland, California.

Open

0.96

Mkt cap

105M

Volume

287K

High

0.96

P/E Ratio

-1.44

52-wk high

2.60

Low

0.89

Div yield

N/A

52-wk low

0.50

ThredUp (TDUP) reported a Q3 loss of $0.22 per share, which was larger than the Zacks Consensus Estimate of a $0.15 loss. However, the company exceeded revenue expectations.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

ThredUp Inc. held its Q3 2024 earnings call, discussing financial performance and strategic initiatives. Key participants included CEO James Reinhart and CFO Sean Sobers.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Several consumer discretionary stocks experienced notable movements in Friday's after-market session. Hall Of Fame Resort, ThredUp, Cheetah Net Supply Chain, Cooper-Standard Holdings, Connexa Sports Techs, and Luminar Technologies saw gains, while Lanvin Group Holdings, Phoenix Motor, Naas Technology, Premium Catering, PLBY Group, and Koss experienced declines.

Portfolio Pulse from Benzinga Insights

November 01, 2024 | 8:36 pm

ThredUp (NASDAQ:TDUP) has received mixed analyst ratings, with a recent decrease in the average price target by 18.26% to $3.00. Analysts have shown a somewhat bullish sentiment, with one analyst lowering their rating from 'Overweight' to 'Outperform'. ThredUp faces challenges in revenue growth, net margin, ROE, and ROA, but maintains a balanced debt approach.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 1:00 pm

Telsey Advisory Group has reiterated its 'Outperform' rating for ThredUp (NASDAQ:TDUP) and maintained a price target of $3.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 10:53 am

Needham analyst Bernie McTernan has reinstated a Hold rating on ThredUp (NASDAQ:TDUP).

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:45 am

Stitch Fix partners with ThredUp to launch a resale program, allowing clients to resell gently-worn items for Stitch Fix credit, enhancing customer engagement and sustainability.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:25 pm

Insider buying activity has been observed in three penny stocks: P3 Health Partners, XWELL, and ThredUp. This insider activity may indicate confidence in these companies despite recent challenges, such as downbeat earnings for P3 Health Partners and ThredUp's disappointing financial results.

Portfolio Pulse from Avi Kapoor

September 16, 2024 | 11:41 am

Consumer discretionary stocks are rising due to strong consumer sentiment data, robust earnings from RH, and potential interest rate cuts.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 7:48 pm

Argan, Inc. (NYSE:AGX) shares surged 18.4% in pre-market trading after reporting better-than-expected Q2 earnings and sales. Other notable pre-market movers include Broadcom Inc. (NASDAQ:AVGO), which fell 9.4% despite strong Q3 results, and Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR), which gained 175.8%.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 9:41 am

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