ThredUp Inc (TDUP) stock poised to deliver a potential drop of -15.25%

ThredUp Inc [TDUP] stock is trading at $2.36, up 7.76%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TDUP shares have gain 12.38% over the last week, with a monthly amount glided 69.78%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

ThredUp Inc [NASDAQ: TDUP] stock has seen the most recent analyst activity on January 15, 2025, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $3 from $2. On May 07, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $3 on the stock. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $3.50 on July 22, 2022. KeyBanc Capital Markets initiated its recommendation with a Sector Weight. Raymond James started tracking with a Outperform rating for this stock on June 30, 2022, and assigned it a price target of $7.

ThredUp Inc [TDUP] stock has fluctuated between $0.50 and $2.45 over the past year. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. ThredUp Inc [NASDAQ: TDUP] shares were valued at $2.36 at the most recent close of the market. An investor can expect a potential drop of -15.25% based on the average TDUP price forecast.

Analyzing the TDUP fundamentals

ThredUp Inc [NASDAQ:TDUP] reported sales of 313.76M for the trailing twelve months, which represents a drop of -11.00%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.33, Equity is -0.79 and Total Capital is -0.49. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.09.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.13 points at the first support level, and at 1.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.50, and for the 2nd resistance point, it is at 2.64.

Ratios To Look Out For

For context, ThredUp Inc’s Current Ratio is 0.96. In addition, the Quick Ratio stands at 0.86 and the Cash Ratio stands at 0.57. Considering the valuation of this stock, the price to sales ratio is 0.86, the price to book ratio is 3.88.

Transactions by insiders

Recent insider trading involved Trinity X Side-By-Side Fund, L, Shareholder, that happened on Feb 03 ’25 when 6531.0 shares were purchased. Shareholder, Trinity X Entrepreneurs’ Fund, completed a deal on Jan 21 ’25 to buy 11700.0 shares. Meanwhile, Shareholder TRINITY VENTURES X LP bought 1.18 million shares on Jan 21 ’25.

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