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How to Buy Thredup Stock

Thredup Inc

ThredUp Inc. , together with its subsidiaries, operates online resale platforms that allows consumers to buy and sell secondhand women's and kids' apparel, shoes, and accessories. ThredUp Inc.

Thredup stock last closed at $1.94, up 0.52% from the previous day, and has decreased 12.22% in one year. It has underperformed other stocks in the Internet Retail industry by 0.31 percentage points. Thredup stock is currently +16.87% from its 52-week low of $1.66, and -55.81% from its 52-week high of $4.39.

There are currently 108.83M shares of TDUP outstanding. The market value of TDUP is $211.13M. In the last 24 hours, 403,441 TDUP shares were traded.

How to Buy Thredup Stock

Wondering how to invest in Thredup stock? Here's how.
  1. Decide where to buy Thredup stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Thredup stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Pick your method of payment and add your details.
  4. Research Thredup stock: The Thredup ticker symbol is TDUP. Is Thredup stock a good investment? Should you buy shares of TDUP? How do TDUP's underlying business fundamentals look? Do top analysts think Thredup is a good buy? Why has TDUP's stock price moved recently? (Hint: Our stock research website can help you decide if TDUP is a good stock to buy).
  5. Place your TDUP purchase: Decide if you will purchase TDUP shares at the current market price or use a limit order to buy TDUP shares at a particular price.
  6. Get the latest scoop on your TDUP position: Create a watchlist to get the latest news on your new investment in Thredup stock.

Step 1: Decide where to buy Thredup stock

You need a brokerage account in order to access the NASDAQ market and buy TDUP shares.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal details so you can buy TDUP stock today.

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  2. Enter your personal data to open your new trading account.
  1. Send your information by hitting the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you've opened your account on the highest rated stock app, you can securely and quickly fund your account:

Watch this video walkthrough for more details transferring funds into your new brokerage account.

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Step 4: Research Thredup stock

Once you have chosen the best place to buy Thredup stock, it's critical to analyze their stock prior to investing, so you truly comprehend the risk as well as the opportunity.

Thredup stock quick numbers

TDUP Price
$1.94
1w %
-2.51%
1y %
-12.22%
5y %
N/A
P/E
-2.85x
P/B
2.03x
P/S
0.63x
PEG
N/A
Revenue
$322.02M
Earnings
-$71.25M
Fore. Rev. Growth
11.04%
Fore. Earn. Growth
N/A
Market Cap
$211.13M
Next Earnings
May 7, 2024
Next Dividend
N/A

Fundamentals of Thredup

WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis.

You can view all of the due diligence checks on TDUP's stock page.

How is TDUP stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge TDUP's fair value.

Using relative valuations measures:

  • TDUP could be undervalued based on its P/B ratio of 2.03x, relative to Internet Retail industry P/B ratio of 5.71x

You can access more valuation analysis on TDUP's stock here.

Is TDUP a healthy company?

Passed Financial Due Diligence Checks:

  • TDUP has $64.18M in cash and short term investments. This is enough to cover its annual cash burn of $38.58M.
  • TDUP has cash burn of 38575000. It has sufficient cash and short-term investments to cover this for at least one year.
  • TDUP profit margin has gone up from -32% to -22.1% in the past year.
  • There are more short-term assets than long-term liabilities on the TDUP balance sheet.
  • There are more short-term assets than short-term liabilities on the TDUP balance sheet.

Failed Financial Due Diligence Checks:

  • TDUP has a relatively high debt to equity ratio of 1.41.

Is Thredup stock a Buy, Hold, or Sell, according to analysts?

Out of 5 Equities analysts who research TDUP, the consensus analyst rating on Thredup is a Buy

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Thredup stock forecast page.

TDUP Trading Indicators

SMA10
1.94
SMA20
1.95
SMA50
2.03
SMA100
2.14
SMA200
2.67
MACD
-0.02
MACD Signal
-0.03
MACD Histogram
0.01
RSI
48.32
Stochastic %K
62.63
Stochastic %D
60.82
StochRSI %K
60.12
StochRSI %D
57.75

TDUP Growth Metrics

Last year, TDUP revenue was $322.02M. Over the past 5 year, TDUP's revenue has grown by 19.97% per year. This was slower than the Internet Retail industry average of 26.18%.

Learn more about TDUP's earnings and revenue performance here.

What are TDUP executives and large shareholders up to?

In the last 12 months, insiders at TDUP have sold more shares than they have bought.

James G. Reinhart, Chief Executive Officer of TDUP, was the latest TDUP insider to sell. They sold $19,651.01 worth of TDUP shares on Mar 20, 2024.

Learn more about who owns TDUP shares here.

Can I get consistent income from TDUP stock?

No, Thredup doesn't provide an income stream by paying out dividends.

What others are saying about TDUP

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your TDUP purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, use a limit order.

Hit the Open button and eToro will place the order.

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Step 6: Get the latest scoop on your TDUP position

Now that you own some TDUP shares, you'll want to keep up with your new investment.

Put TDUP on a watchlist to get alerted to the latest events about your TDUP stock.

TDUP Feed

How to Buy Stock in Thredup

To reiterate, here are the 6 steps to buy Thredup stock:

  1. Decide where to buy Thredup stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Research Thredup stock
  5. Place your TDUP purchase
  6. Get the latest scoop on your TDUP position

If you need a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your new investment in Thredup, click below.

NASDAQ: TDUP
$1.94+0.01 (+0.52%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: TDUP
$1.94+0.01 (+0.52%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Thredup share?

As of Mar 27, 2024, it costs $1.94 to buy one share of Thredup stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.97, you can buy 0.5 shares of TDUP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Thredup stock?

According to 5 Wall Street analysts who monitor Thredup, their consensus recommendation is to buy Thredup stock.

What is the best way to buy Thredup stock?

One way to place an order for Thredup stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.