ThredUp Shares Jump 32% On Record Customer Growth, Upbeat Forecast; Analyst Sees More Upside
1. ThredUp reported strong Q1 results with $71.3 million revenue. 2. New buyer growth reached a record 95%, driving performance. 3. Analyst Dana Telsey raised price target from $6 to $7. 4. 2025 revenue guidance increased to $281-$291 million, above consensus. 5. Shares jumped 32% following the positive earnings report.