William Blair Estimates ThredUp's Q1 Earnings (NASDAQ:TDUP)

ThredUp Inc. (NASDAQ:TDUP - Free Report) - Investment analysts at William Blair upped their Q1 2025 EPS estimates for shares of ThredUp in a note issued to investors on Tuesday, March 4th. William Blair analyst D. Carden now expects that the company will post earnings of ($0.10) per share for the quarter, up from their previous estimate of ($0.11). The consensus estimate for ThredUp's current full-year earnings is ($0.56) per share. William Blair also issued estimates for ThredUp's Q2 2025 earnings at ($0.10) EPS, Q4 2025 earnings at ($0.12) EPS, FY2025 earnings at ($0.43) EPS and FY2026 earnings at ($0.39) EPS.

A number of other equities research analysts have also commented on TDUP. Telsey Advisory Group restated an "outperform" rating and set a $3.00 price objective on shares of ThredUp in a research report on Tuesday, March 4th. Needham & Company LLC restated a "hold" rating on shares of ThredUp in a report on Tuesday, March 4th.

ThredUp Stock Down 0.4 %

Shares of ThredUp stock traded down $0.01 during midday trading on Friday, hitting $2.31. The company's stock had a trading volume of 505,655 shares, compared to its average volume of 1,087,179. The firm has a market capitalization of $262.78 million, a P/E ratio of -3.61 and a beta of 1.73. ThredUp has a 1-year low of $0.50 and a 1-year high of $2.99. The company has a quick ratio of 0.86, a current ratio of 0.96 and a debt-to-equity ratio of 0.28. The stock has a 50-day simple moving average of $2.20 and a 200-day simple moving average of $1.45.

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Hedge Funds Weigh In On ThredUp

Several hedge funds have recently bought and sold shares of TDUP. ProShare Advisors LLC boosted its stake in shares of ThredUp by 49.0% during the 4th quarter. ProShare Advisors LLC now owns 22,150 shares of the company's stock worth $31,000 after acquiring an additional 7,287 shares in the last quarter. Virtu Financial LLC acquired a new stake in ThredUp in the 4th quarter worth approximately $33,000. Cubist Systematic Strategies LLC acquired a new stake in ThredUp in the 4th quarter worth approximately $48,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in ThredUp by 9.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,671 shares of the company's stock worth $63,000 after purchasing an additional 3,908 shares during the period. Finally, O Shaughnessy Asset Management LLC acquired a new position in ThredUp during the fourth quarter valued at approximately $64,000. 89.08% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Patricia Nakache sold 625,498 shares of the firm's stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $1.95, for a total transaction of $1,219,721.10. Following the transaction, the director now owns 250,956 shares in the company, valued at approximately $489,364.20. This trade represents a 71.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 2,693,535 shares of company stock valued at $6,297,600 in the last three months. Insiders own 34.42% of the company's stock.

About ThredUp

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.