- ThredUp Inc (TDUP, Financial) shares have climbed 171% this year, though analysts predict a potential downside.
- The current stock price of $3.83 might face challenges given analyst projections.
- Consensus rates the stock as "Outperform," yet caution is warranted with future valuations.
ThredUp Inc (TDUP) shares have seen considerable fluctuation, largely spurred by investor optimism over a potential resolution to ongoing US-China trade issues. Trading at $3.83, the stock has surged to a 52-week high, recording an impressive 171% increase year-to-date. Despite historical earnings struggles, ThredUp continues to captivate investor interest.
Wall Street Analysts Forecast
Analyst projections show that the average one-year price target for ThredUp Inc (TDUP, Financial) stands at $3.00, with both high and low estimates set at $3.00. This reflects a potential downside of 22.08% from the current trading price of $3.85. Investors seeking further insights can visit the ThredUp Inc (TDUP) Forecast page for more detailed data.
According to four brokerage firms, the average recommendation for ThredUp Inc (TDUP, Financial) is 2.0, putting it in the "Outperform" category. The scale ranges from 1 to 5, where 1 indicates a Strong Buy and 5 suggests a Sell, reflecting generally positive sentiment among analysts.
GuruFocus estimates place the GF Value for ThredUp Inc (TDUP, Financial) at $1.90 over the next year, which points to a significant potential downside of 50.65% from the current price of $3.85. The GF Value is an important metric for determining the fair trading value of a stock, based on historical multiples and anticipated business performance. For a deeper dive into these metrics, investors can refer to the ThredUp Inc (TDUP) Summary page.
