1stdibs.Com (NASDAQ:DIBS) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPS

1stdibs.Com (NASDAQ:DIBS) released its quarterly earnings results on Friday. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.03, Zacks reports. The business had revenue of $22.77 million during the quarter, compared to analysts’ expectations of $21.57 million. 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. 1stdibs.Com updated its Q1 2025 guidance to EPS.

1stdibs.Com Price Performance

1stdibs.Com stock opened at $3.68 on Friday. The stock’s fifty day moving average price is $3.78 and its two-hundred day moving average price is $4.11. 1stdibs.Com has a one year low of $3.37 and a one year high of $6.30. The firm has a market cap of $134.37 million, a PE ratio of -8.76 and a beta of 0.96.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of 1stdibs.Com in a report on Wednesday, February 19th. JMP Securities reissued a “market perform” rating on shares of 1stdibs.Com in a report on Monday, December 16th.

Hedge Funds Weigh In On 1stdibs.Com

A hedge fund recently raised its stake in 1stdibs.Com stock. Bank of America Corp DE boosted its stake in shares of 1stdibs.Com, Inc. (NASDAQ:DIBS) by 31.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,614 shares of the company’s stock after acquiring an additional 6,424 shares during the period. Bank of America Corp DE owned 0.07% of 1stdibs.Com worth $94,000 at the end of the most recent reporting period. 66.97% of the stock is owned by institutional investors.

About 1stdibs.Com

1stdibs.Com, Inc operates an online marketplace for luxury design products worldwide. Its marketplace connects customers with sellers and makers of vintage, antique, and contemporary furniture; and home décor, jewelry, watches, art, and fashion products. The company was incorporated in 2000 and is headquartered in New York, New York.