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ThredUp Inc (TDUP)



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Upturn Advisory Summary
03/03/2025: TDUP (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit -85.95% | Avg. Invested days 28 | Today’s Advisory WEAK BUY |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 399.28M USD | Price to earnings Ratio - | 1Y Target Price 3 |
Price to earnings Ratio - | 1Y Target Price 3 | ||
Volume (30-day avg) 795927 | Beta 1.65 | 52 Weeks Range 0.50 - 3.40 | Updated Date 04/12/2025 |
52 Weeks Range 0.50 - 3.40 | Updated Date 04/12/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.36 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -29.61% | Operating Margin (TTM) -12.14% |
Management Effectiveness
Return on Assets (TTM) -12.06% | Return on Equity (TTM) -49.93% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 413940860 | Price to Sales(TTM) 1.54 |
Enterprise Value 413940860 | Price to Sales(TTM) 1.54 | ||
Enterprise Value to Revenue 1.59 | Enterprise Value to EBITDA -2.75 | Shares Outstanding 94806200 | Shares Floating 86895038 |
Shares Outstanding 94806200 | Shares Floating 86895038 | ||
Percent Insiders 5.33 | Percent Institutions 56.42 |
Analyst Ratings
Rating 4.5 | Target Price 2.5 | Buy - | Strong Buy 3 |
Buy - | Strong Buy 3 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
ThredUp Inc
Company Overview
History and Background
ThredUp Inc. was founded in 2009 by James Reinhart, Chris Homer, and Oliver Lubin. Initially a service for swapping men's shirts, it pivoted to a broader online marketplace for secondhand apparel. It went public in March 2021.
Core Business Areas
- Resale-as-a-Service (RaaS): ThredUp's RaaS platform enables retailers and brands to offer secondhand products to their customers, leveraging ThredUp's infrastructure for processing, warehousing, and fulfillment.
- Marketplace: The core of ThredUp's business, its online marketplace allows consumers to buy and sell secondhand clothing, shoes, and accessories.
Leadership and Structure
James Reinhart is the CEO. The company operates with a typical corporate structure including departments for technology, operations, marketing, and finance.
Top Products and Market Share
Key Offerings
- Women's Apparel: ThredUp's largest product category. Includes a wide variety of clothing and accessories. Market share data is not publicly available. Competitors include Poshmark, The RealReal, and traditional retailers.
- Kids' Apparel: A significant portion of ThredUp's offerings. Focuses on secondhand clothing for children. Market share data is not publicly available. Competitors include Kidizen, Poshmark, and Facebook Marketplace.
Market Dynamics
Industry Overview
The online secondhand apparel market is experiencing rapid growth, driven by increasing consumer awareness of sustainability and affordability.
Positioning
ThredUp is positioned as a leading online marketplace for secondhand apparel, particularly for women's and kids' clothing. Its RaaS platform gives it a competitive edge.
Total Addressable Market (TAM)
The total addressable market for secondhand apparel is estimated to be over $100 billion. ThredUp is positioning itself to capture a significant share of this expanding market.
Upturn SWOT Analysis
Strengths
- Established brand in the online resale market
- Scalable technology platform
- Resale-as-a-Service (RaaS) offering
- Large selection of items
- Focus on sustainability
Weaknesses
- Profitability challenges
- Dependence on efficient operations and logistics
- Competition from other resale platforms
- Fluctuations in consumer demand
Opportunities
- Expanding RaaS partnerships with retailers
- Growing consumer demand for sustainable fashion
- International expansion
- Increasing brand awareness
- Leveraging data analytics to improve merchandising
Threats
- Increased competition in the resale market
- Economic downturn impacting consumer spending
- Changes in fashion trends
- Disruptions to supply chain
- Cybersecurity risks
Competitors and Market Share
Key Competitors
- POSH
- REAL
- EBAY
Competitive Landscape
ThredUp competes with other online resale platforms and traditional retailers. Its RaaS platform and focus on sustainability are key differentiators.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: ThredUp has experienced strong revenue growth in recent years, driven by increasing demand for online resale and the expansion of its RaaS platform.
Future Projections: Analysts project continued revenue growth for ThredUp, but profitability remains a key challenge.
Recent Initiatives: Recent initiatives include expanding RaaS partnerships, investing in technology and infrastructure, and increasing marketing efforts.
Summary
ThredUp is a significant player in the online secondhand apparel market, leveraging its RaaS platform and brand recognition for growth. While revenue is expanding, achieving profitability remains a key hurdle. The company needs to carefully manage competition and adapt to changing consumer preferences to maintain its position and market share.
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Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions can change rapidly, and past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ThredUp Inc
Exchange NASDAQ | Headquaters Oakland, CA, United States | ||
IPO Launch date 2021-03-26 | Co-Founder, CEO & Director Mr. James G. Reinhart | ||
Sector Consumer Cyclical | Industry Internet Retail | Full time employees 1630 | Website https://www.thredup.com |
Full time employees 1630 | Website https://www.thredup.com |
ThredUp Inc., together with its subsidiaries, operates an online resale platform in the United States. 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.
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