Poshmark Review by Berenberg Bank
<p>Analysts at Berenberg Bank provided their views on <a href='https://financialmodelingprep.com/financial-summary/POSH'>Poshmark, Inc. (NASDAQ:POSH)</a>, mentioning that the company continues to outperform its peers on 2- and 3-year revenue CAGRs, despite facing near-term headwinds.</p>
<p>The analysts estimate the overall digital resale market has grown to $12 billion in 2021, implying a 33% growth rate. With 27.4% year-over-year GMV growth in 2021, the analysts believe the company generally held share, despite IDFA headwinds in H2/2021.</p>
<p>With a permanent CFO now in place, the analysts believe expectations management will also improve, reducing volatility around earnings, which should make the company more appealing to long-term investors.</p>

NASDAQ:POSH