ThredUp Inc. (TDUP)

NASDAQ: TDUP · Real-Time Price · USD
0.954
+0.025 (2.67%)
Sep 18, 2024, 3:13 PM EDT - Market open
2.67%
Market Cap 107.22M
Revenue (ttm) 322.79M
Net Income (ttm) -63.20M
Shares Out 112.43M
EPS (ttm) -0.58
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 258,258
Open 0.960
Previous Close 0.929
Day's Range 0.924 - 0.990
52-Week Range 0.609 - 4.140
Beta 0.71
Analysts Buy
Price Target 3.33 (+249.2%)
Earnings Date Nov 4, 2024

About TDUP

ThredUp Inc., together with its subsidiaries, operates an online resale platform in the United States and internationally. Its platform enables consumers to buy and sell primarily secondhand apparel, shoes, and accessories. ThredUp Inc. was incorporated in 2009 and is headquartered in Oakland, California. [Read more]

Industry Internet Retail
IPO Date Mar 26, 2021
Employees 2,377
Stock Exchange NASDAQ
Ticker Symbol TDUP
Full Company Profile

Financial Performance

In 2023, ThredUp's revenue was $322.02 million, an increase of 11.67% compared to the previous year's $288.38 million. Losses were -$71.25 million, -22.79% less than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for TDUP stock is "Buy." The 12-month stock price forecast is $3.33, which is an increase of 249.20% from the latest price.

Price Target
$3.33
(249.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ThredUp And 2 Other Stocks Under $2 Executives Are Buying

The Dow Jones index closed higher by around 300 points on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects.

Other symbols: PIIIXWEL
2 days ago - Benzinga

ThredUp And 2 Other Penny Stocks Executives Are Buying

The Dow Jones index closed lower by more than 600 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects.

14 days ago - Benzinga

ThredUp: Results Miss And Europe Exit Draw Attention (Rating Downgrade)

TDUP's Q2 2024 revenue, EBITDA loss, and net loss were worse than what the market had expected. ThredUp's decision to part ways with its European business operations will improve its financial profile...

6 weeks ago - Seeking Alpha

ThredUp Inc. (TDUP) Q2 2024 Earnings Call Transcript

ThredUp Inc. (NASDAQ:TDUP) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Lauren Frasch - Senior Director of Investor Relations & Strategic Finance James Reinhart - C...

6 weeks ago - Seeking Alpha

ThredUp CEO: It Will Be a While Before Shoppers Splurge Again

Amid revenue declines, ThredUp is not anticipating the financial pressure that consumers are feeling let up any time soon. The online consignment and thrift store shared in its second-quarter 2024 ear...

6 weeks ago - PYMNTS

ThredUp Announces Second Quarter 2024 Results

Second quarter revenue of $79.8 million, representing a decrease of 4% year-over-year. Second quarter gross margin of 70.4% and an increase in gross profit of 1% year-over-year.

6 weeks ago - GlobeNewsWire

ThredUp Launches Suite of AI Shopping Features

OAKLAND, Calif.--(BUSINESS WIRE)--ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, today unveiled a new suite of AI-powered shopping ...

6 weeks ago - Business Wire

ThredUp Releases Third Annual Impact Report

OAKLAND, Calif.--(BUSINESS WIRE)--ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, today released its third annual Impact Report. Thr...

6 weeks ago - Business Wire

ThredUp to Report Second Quarter 2024 Financial Results on August 5, 2024

OAKLAND, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financia...

2 months ago - GlobeNewsWire

Noam Paransky, Chief Omni and Innovation Officer at Tapestry, Joins ThredUp's Board

OAKLAND, Calif.--(BUSINESS WIRE)--ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, today announced that Noam Paransky has been appoin...

3 months ago - Business Wire

ThredUp to Participate in William Blair Conference

OAKLAND, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that CEO and co-fo...

4 months ago - GlobeNewsWire

ThredUp Inc. (TDUP) Q1 2024 Earnings Call Transcript

ThredUp Inc. (NASDAQ:TDUP) Q1 2024 Earnings Conference Call May 6, 2024 4:30 PM ET Company Participants Lauren Frasch - Senior Director of Investor Relations & Strategic Finance James Reinhart - Co-F...

4 months ago - Seeking Alpha

ThredUp: Low Consumer Confidence Is Keeping Shoppers From Clothing Splurges

As consumers continue to feel economic pressures constrain their budgets, ThredUp sees shoppers pull back on buying clothes — even lower-cost secondhand ones. On a call with analysts discussing its fi...

4 months ago - PYMNTS

ThredUp Announces First Quarter 2024 Results

OAKLAND, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today its financial...

4 months ago - GlobeNewsWire

Florin Filote joins ThredUp as General Manager of Europe

OAKLAND, Calif. & SOFIA, Bulgaria--(BUSINESS WIRE)--ThredUp (Nasdaq: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, today announced the appointment ...

4 months ago - Business Wire

ThredUp to Report First Quarter 2024 Financial Results on May 6, 2024

OAKLAND, Calif., April 08, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financi...

5 months ago - GlobeNewsWire

ThredUp's 12th Annual Resale Report Reveals Resale Grew 15X Faster than Retail in 2023

OAKLAND, Calif.--(BUSINESS WIRE)--ThredUp (Nasdaq: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, today released the results of its 2024 Resale Repo...

6 months ago - Business Wire

ThredUp Looks to Match Europe, U.S. Operations

The online thrift store has decided to move away from purchasing inventory and instead grow its consignment revenue in Europe, Chief Executive James Reinhart said.

7 months ago - WSJ

ThredUp to Participate in Morgan Stanley Conference

OAKLAND, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that CEO and co-...

7 months ago - GlobeNewsWire

ThredUp Inc. (TDUP) Q4 2023 Earnings Call Transcript

ThredUp Inc. (NASDAQ:TDUP) Q4 2023 Earnings Conference Call March 4, 2024 4:30 PM ET Company Participants Lauren Frasch - Investor Relations James Reinhart - Chief Executive Officer and Co-Founder Se...

7 months ago - Seeking Alpha

Stitch Fix and ThredUp shares fall, as both companies navigate ambitious transitions

With clothing demand still muted, online styling service Stitch Fix Inc. on Monday said it was trying to become a more “fun” destination for customers, while online second-hand shop ThredUp Inc. has b...

Other symbols: SFIX
7 months ago - Market Watch

ThredUp Announces Fourth Quarter and Full Year 2023 Results

OAKLAND, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, today announced its financi...

7 months ago - GlobeNewsWire

ThredUp to Report Fourth Quarter and Full Year 2023 Financial Results on March 4, 2024

OAKLAND, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financia...

8 months ago - GlobeNewsWire

thredUP to Participate in Barclays Conference

OAKLAND, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) -- ThredUp Inc. (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that CEO and...

10 months ago - GlobeNewsWire

ThredUP Says It's Reeling in Premium Shoppers

ThredUP is reeling in a more upscale clientele.   “We've done a really good job as a team of focusing more of our buyer efforts on a slightly more premium shopper,” said thredUP's CEO James Reinhart d...

11 months ago - PYMNTS