On May 6, 2025, Telsey Advisory Group reaffirmed its "Outperform" rating for ThredUp (TDUP, Financial), maintaining the company's strong investment outlook. The analysis was led by Dana Telsey, a renowned analyst in the field.
In conjunction with the maintained rating, the price target for ThredUp (TDUP, Financial) has been raised from USD 6.00 to USD 7.00, indicating a 16.67% increase. This adjustment underscores Telsey Advisory Group's optimistic view of ThredUp's potential market performance.
The decision to maintain the "Outperform" rating and raise the price target reflects confidence in ThredUp's strategic direction and growth prospects. Investors are advised to consider this updated price target in their financial decisions regarding ThredUp (TDUP, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for ThredUp Inc (TDUP, Financial) is $7.25 with a high estimate of $7.50 and a low estimate of $7.00. The average target implies an upside of 63.29% from the current price of $4.44. More detailed estimate data can be found on the ThredUp Inc (TDUP) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, ThredUp Inc's (TDUP, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for ThredUp Inc (TDUP, Financial) in one year is $1.91, suggesting a downside of 56.98% from the current price of $4.44. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the ThredUp Inc (TDUP) Summary page.