TDUP Stock Summary and Trading Ideas (Thredup - Class A | NASDAQ:TDUP)

ThredUp Inc is an online resale platform for women and kids apparel, shoes, and accessories. It generates revenue from items that are sold to buyers through the website, mobile app, and RaaS partners. Geographically, the majority of the company's revenue is generated from United States.

Thredup - Class A trades on the NASDAQ stock market under the symbol TDUP.

As of December 13, 2024, TDUP stock price declined to $1.49 with 513,719 million shares trading.

TDUP has a beta of 5.00, meaning it tends to be more sensitive to market movements. TDUP has a correlation of 0.17 to the broad based SPY ETF.

TDUP has a market cap of $164.28 million. This is considered a Micro Cap stock.

Last quarter Thredup - Class A reported $73 million in Revenue and -$.13 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.02.

In the last 3 years, TDUP traded as high as $14.30 and as low as $.50.

The top ETF exchange traded funds that TDUP belongs to (by Net Assets): IWM, VTI, IWN, VXF, IWC.

TDUP has underperformed the market in the last year with a price return of -39.9% while the SPY ETF gained +29.9%. However, in the short term, TDUP had mixed performance relative to the market. It has outperformed in the last 3 months, returning +52.0% vs +7.8% return in SPY. But in the last 2 weeks, TDUP shares have been beat by the market, returning -13.9% compared to an SPY return of +0.3%.

TDUP support price is $1.44 and resistance is $1.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TDUP shares will trade within this expected range on the day.